Latest in Government Spending
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China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 15h -
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 - 3d -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 1d -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - 2d -
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 - 3d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 2d -
Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - 2d -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - 2d -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - 2d -
Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - 1d -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - 19h -
Confusion after Musk email to US government workers
Some departments encouraged staff to respond, while others requested employees wait for further guidance.BBC News - 19m -
Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor
By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...The Guardian - 3d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 2d -
South Africa abruptly cancels budget speech as governing parties dispute the details
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalitionABC News - 4d -
Two business leaders in Turkey are questioned after they criticize the government
Prosecutors have questioned two Turkish business leaders after they delivered a scathing criticism of President Recep Tayyip Erdogan’s governmentABC News - 3d -
Trump says federal government should 'take over' local politics in DC
Trump is jockeying for local political power by positioning himself as the antidote to the city’s crime and homelessness.Politico - 3d -
Trump Dismantles Government Fight Against Foreign Influence Operations
Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.The New York Times - 2d -
The Man Who Broke Germany’s Government Wants a Chance to Fix It
Christian Lindner triggered early elections last fall with a move meant to save his party. It brought chaos at an inopportune time. But will it work out?The New York Times - 2d -
UnitedHealth now has to fight the government on another front. The stock is sinking.
The stock is having its worst day in five years, even as the company denied any new Justice Department investigation and a Mizuho analyst recommended buying.MarketWatch - 2d -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 1d -
Apple withdraws cloud encryption service from UK after government order
iPhone-maker says it can no longer offer advanced protection in Britain after secret demand for ‘back door’ to user dataFinancial Times - 2d -
Apple removes advanced data protection tool in face of UK government request
Apple says removal of tool after government asked for right to see data will make iCloud users more vulnerable. Business live – latest updates Apple has taken the unprecedented step of ...The Guardian - 2d -
Trump administration pushes on with government cuts amid some signs of pushback
NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...NBC News - 1d -
Supreme Court Rejects, for Now, Trump’s Bid to Fire Government Watchdog
The court’s order indicated that it may return to the issue as soon as next week, when a trial judge’s temporary restraining order is set to expire.The New York Times - 1d -
Multiple lawsuits challenging DOGE's efforts to cut federal government's size
The Trump administration is facing over 80 lawsuits that are making their way through the legal system. CBS News Department of Justice reporter Jake Rosen breaks down the latest developments.CBS News - 1d -
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.BBC News - 1d -
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Congo's president says he'll create a unity government as violence spreads
Congo’s president says he is going to launch a unity government, as violence spreads across the country’s east and pressure mounts over his handling of the crisisABC News - 9h -
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Amid Regional Diplomatic Furor, Sudan’s Paramilitaries Forge a Rival Government
The Rapid Support Forces said it was paving the way to an end to the civil war. Critics called it an audacious gambit by a group that the United States has accused of genocide.The New York Times - 6h -
Chinese medical devices are in health systems across U.S., and the government and hospitals are worried
Chinese-made medical devices are found in almost every corner of the medical ecosystem, from hospitals to clinics, and the government is getting more concerned.CNBC - 53m -
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UN envoy says creating an inclusive Syrian government could help lift sanctions
U.N. special envoy for Syria Geir Pedersen has said that formation of a “new inclusive government” in Damascus by March 1 could pave the way for lifting sanctions imposed by western countriesABC News - 3d -
Can you trust Elon Musk and his ‘DOGE’ claims about government fraud?
American people deserve answers about what these Washington outsiders-turned-insiders are up toMarketWatch - 2d