Latest in Increased Spending
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Rachel Reeves: turning a weak economy into a strong hand
Chancellor wins plaudits from Tories for tough spending decisions but cabinet colleagues grow uneasyFinancial Times - Mar. 14 -
The Papers: 'Benefit cut for 1m' and 'Putin must not play games'
A mix of stories make up the front of Saturday's papers, with a focus on government spending cuts and the war in Ukraine.BBC News - Mar. 15 -
End of ‘blank cheque’ era for outside consultants in Saudi Arabia
Western firms profited as kingdom launched ‘giga-projects’ but market is slowing as Riyadh reins in spendingFinancial Times - Mar. 15 -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - Mar. 15 -
Shutdown 'would have sent message' that Democrats won't be 'bullied' by Trump, Sen. Murphy says
Sen. Chris Murphy (D-Conn.) defends his “no” vote on a Republican spending bill that averted a government shutdown.NBC News - Mar. 16 -
Arizona Wildcats open 2025 NCAA Tournament as No. 4 seed, will face Akron Friday in Seattle
After spending their first season playing regularly in the nation’s heartland, the Arizona Wildcats and coach Tommy Lloyd will return to their roots.Yahoo Sports - Mar. 17 -
The costly end of Europe’s ‘peace dividend’
Defence spending at 3.5% of GDP would have cost EU an extra $387bn a year since finish of cold warFinancial Times - Mar. 17 -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - Mar. 17 -
Retail sales rose modestly in February, but fell short of forecasts
Weaker than expected retail sales comes as businesses warn that U.S. consumers are pulling back on spending.CBS News - Mar. 17 -
'Coward' paedophile who fled country for three decades convicted of 97 charges
Richard Burrows is convicted after spending nearly 30 years on the run, Cheshire Police say.BBC News - Mar. 17 -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - Mar. 18 -
Europe courts US scientists fleeing Trump crackdown
Cambridge university among institutions seeing chance to hire talent unsettled by US spending cutsFinancial Times - Mar. 18 -
VR headsets and pulled pork join UK inflation basket
Office for National Statistics updates items used to measure price growth as spending habits evolveFinancial Times - Mar. 18 -
Indonesian stocks tumble 4% on concerns over economy
Jakarta index among world’s worst performers as slowing consumption and government spending rattle investorsFinancial Times - Mar. 18 -
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - Mar. 19 -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - Mar. 19 -
Reeves will not raise taxes in Spring Statement, say officials
Chancellor will rely on a spending squeeze to try to ensure she complies with her fiscal rulesFinancial Times - Mar. 19 -
Gilt investors brace for nearly £310bn in debt sales
Near-record total will be a test of market confidence in chancellor Rachel Reeves’ spending plansFinancial Times - Mar. 20 -
Former Penn State defensive lineman commits to Bill Belichick and North Carolina
Smith Vilbert was recently granted a seventh year of eligibility. He will spend it playing for a football legend.Yahoo Sports - Mar. 20 -
Government debt interest costs hit highest level since 2007
Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECDFinancial Times - Mar. 20 -
$242 million worth of wide receivers proposed as great fits for Cowboys
The Cowboys have been spending money, but still have a glaring weakness at wide receiver.Yahoo Sports - Mar. 20 -
The Houston Rodeo Is the Super Bowl of Country Culture
Spending a few days eating turkey legs, watching piglet races and ‘mutton bustin’ at the world’s largest rodeo and livestock show.The New York Times - Mar. 20 -
Nvidia’s big GTC event had no big surprises, but here is where the bulls and bears disagree
Some investors are getting nervous about how a downward turn in the economy could affect Nvidia’s capital spending.MarketWatch - Mar. 20 -
A fight for transparency and accountability is coming to the UN
If the U.S. insists on accountability in domestic spending, it should demand the same for every dollar spent abroad.The Hill - Mar. 20 -
'A lot of meat on that bone' Former Cowboys WR un-retires, joins rival, talks Dallas
After spending six years with one team, it took Michael Gallup a season off to get ready to play again.Yahoo Sports - Mar. 20 -
Michael Gallup signs with Commanders as WR attempts comeback after retiring in 2024
Gallup was out of the NFL last season after spending the first six years of his career in DallasCBS Sports - Mar. 20 -
German defence splurge could revive Italy’s manufacturers, says minister
Adolfo Urso praises Berlin’s decision to slash ‘two taboos in one fell swoop’ — on debt and on military spendingFinancial Times - 5d -
Brazil’s Bolsonaro calls for foreign help in overture to Trump
Hard-right former president faces charges of plotting coup against Lula and could spend rest of life in jailFinancial Times - 3d -
Chris Mason examines the fiscal dilemmas facing the chancellor
BBC political editor Chis Mason examines the fiscal dilemmas facing the government over spending and growth.BBC News - 3d -
How a South Texas Court System Is Failing Poor Defendants
People in Maverick County spend months in jail waiting to be charged with minor crimes. Some are simply lost in the system.The New York Times - 3d -
Trump’s Team Calls Europe ‘Pathetic’ in Leaked Signal Group Chat Messages
Trump officials have demanded more European military spending and questioned the continent’s values. Leaked messages show the depth of the rift.The New York Times - 2d -
Mar 17: CBS News 24/7, 4pm ET
Major retailers warn Americans are pulling back on spending; Severe weather hits the SouthCBS News - 2d -
Former Wisconsin Badgers quarterback finds new NFL home
After spending the 2024 season in Pittsburgh, former Wisconsin quarterback Russell Wilson has found a new homeYahoo Sports - 2d -
Israel Budget Vote Is Win for Netanyahu
A budget approved by Israel’s Parliament cements Prime Minister Benjamin Netanyahu’s power and includes significant military spending.The New York Times - 1d -
Rachel Reeves’ Spring Statement — in charts
UK chancellor sets out welfare cuts and departmental spending squeeze, but she may be forced to raise taxes in autumnFinancial Times - 1d -
Republicans grill PBS, NPR chiefs as Democrats mock proceedings
The two public media entities have become frequent targets in the GOP's efforts to reduce government spending.Los Angeles Times - 1d -
Funding cuts threaten ‘success story’ of efforts to combat HIV/Aids
Steep reduction in aid spending by US and Europe could drive infections and deaths to early 2000s levels, research warnsFinancial Times - 1d -
Spring Statement did not stem fiscal doom loop
Labour’s policy mix will not break the cycle of making irreconcilable promises on tax, spending and public servicesFinancial Times - 1d -
US economists fear for future of ‘gold standard’ statistics amid Doge cuts
Also in today’s newsletter, Trump imposes 25% tariff on cars and the government spending Maga voters rely onFinancial Times - 23h -
What kind of jobs will be impacted by AI?
Last week, online furniture retailer Wayfair announced it would increase its use of generative artificial intelligence and cut 340 tech jobs. It reflects an increase in businesses and companies ...CBS News - Mar. 11