Latest in Defence Spending Boost
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Capri may sell struggling Versace to Prada. That’s boosting Capri’s stock.
Versace would return to Italian ownership after it was acquired by Michael Kors in 2018.MarketWatch - 1d -
BAE chief in line for bonus boost under ‘golden handcuffs’ pay deal
UK’s biggest defence contractor becomes latest FTSE 100 company to propose bigger rewards for top executivesFinancial Times - 1d -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 1d -
Is spending all day on your feet at work an occupational hazard?
Spending all day standing can take a toll on a worker’s bodyABC News - Feb. 20 -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - Feb. 20 -
Every hour children spend on screens raises chance of myopia, study finds
Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...The Guardian - Feb. 21 -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - Feb. 21 -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - Feb. 21 -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cutsFinancial Times - Feb. 24 -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - Feb. 25 -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - Feb. 25 -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - Feb. 25 -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - Feb. 25 -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 6d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 6d -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - 6d -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 6d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 6d -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 5d -
White House says EPA will cut 65 percent of spending, not staff
Shortly after President Trump said Environmental Protection Agency (EPA) Administrator Lee Zeldin plans to cut 65 percent of the agency’s staff, the White House clarified and said Trump was ...The Hill - 5d -
1 in 5 Americans are 'doom spending' — here's how that can backfire
"Doom spending," or spending money despite economic and geopolitical worries, is an increasingly common way to cope with stress.CNBC - 5d -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - 5d -
You'll Spend Much More--Or Less--On This Game Depending On The Weather
A Good Snowman is Hard to Build is a delightful Sokoban-like puzzle game that challenges you to build a snowman in increasingly complex environments. Originally released in 2015, for the game's ...GameSpot - 5d -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 5d -
Google’s Sergey Brin Asks Workers to Spend More Time In the Office
The tech giant’s co-founder said that if employees worked harder and were in the office more, the company could reach an artificial general intelligence breakthrough.The New York Times - 5d -
Political scientist Bjorn Lomborg: ‘You can’t spend on everything’
The ‘sceptical environmentalist’ used cost-benefit analysis to argue against emissions cuts. Now he has turned his attention to overseas aidFinancial Times - 4d -
Pope spends a peaceful night after bronchial crisis causes setback in recovery
Pope Francis spent a peaceful night and is resting and had suffered no other crises, the Vatican said in a short update on Saturday morning, after he suffered a bronchial crisis that caused a ...NBC News - 3d -
Pope Francis spends peaceful night after breathing crisis, Vatican says
Doctors caring for pontiff, 88, are assessing how Friday’s incident will affect his condition, says official. Pope Francis, who has been in hospital for two weeks with pneumonia in both lungs, has ...The Guardian - 3d -
GOP chairmen urge leader to battle House on budget, spending strategy
Senate Republican committee chairs delivered a blunt message to Senate Majority Leader John Thune (R-S.D.) last week that they want the Senate to assert itself and not let the White House and ...The Hill - 2d -
What Are ‘Bed Parties,’ and Why Are Parents Spending Thousands on Them?
Parents are tricking out their children’s bedrooms to celebrate college acceptances, sometimes spending thousands of dollars.The New York Times - 1d -
Elon Musk’s $1 Spending Limit Is Paralyzing Federal Agencies
The DOGE-mandated credit card freeze is delaying shipments of critical supplies, stalling travel, and stopping employees from doing their jobs.Wired - 23h -
McConnell: Failure to reach spending deal a 'disaster' for national defense
Former Senate Republican Leader Mitch McConnell (R-Ky.) is warning that failure to reach a spending deal with critical adjustments for federal spending levels and priorities would be a “recipe for ...The Hill - 7h -
DeLauro rejects one-year stopgap spending bill backed by Republicans: ‘Nonstarter’
The top Democrat on the House Appropriations Committee is rejecting the idea of a stopgap spending bill to fund the government at current levels through the remainder of the fiscal year. That ...The Hill - 4h -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 5h -
Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.The New York Times - 1h -
EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussionsFinancial Times - Feb. 24 -
US companies left out of defence stock rally amid Trump’s Pentagon cuts
Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s securityFinancial Times - Feb. 25