Latest in Massive Spending
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Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - Dec. 10 -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - Dec. 10 -
Romero criticises Spurs board for lack of spending
Tottenham defender Cristian Romero criticises the club's board for a lack of investment following Sunday's disappointing 4-3 defeat home by Chelsea.BBC News - Dec. 10 -
Review of £1.2tn in UK public spending will ‘be tight’, minister warns
Treasury chief secretary Darren Jones launches line-by-line assessment to find 5% savingsFinancial Times - Dec. 10 -
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BIS warns politicians to rein in spending or risk market turbulence
Chief economist Claudio Borio says governments will be ‘too late’ if they wait for investors to panicFinancial Times - Dec. 10 -
'White gold' seen as pivotal to Europe's massive trade deal with South America
Analysts at ING said the significance of critical raw materials like lithium seemed to be "making less headlines" in the coverage of the free trade agreement.CNBC - Dec. 10 -
Johnson needs Dems to pass a stopgap spending bill. Here's what they want.
Given his thin margins in the House and conservatives who tend to always oppose short-term funding fixes, he will almost certainly need to get House Democrats on board.Politico - Dec. 9 -
Vols grab No. 1 in men's poll after massive shakeup
Tennessee is the new No. 1 in men's college basketball after a massive shakeup in the AP Top 25.ESPN - Dec. 9 -
Ro Khanna supports cutting defense spending in Trump's DOGE
Rep. Ro Khanna (D-Calif.) said that there could be “huge bipartisan cooperation” for President-elect Trump’s Department of Government Efficiency (DOGE) committee in the new year — at least when it ...The Hill - Dec. 9 -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - Dec. 8 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - Dec. 8 -
Trump says ‘we're not touching’ Social Security in proposed cuts to government spending
During an exclusive interview with Meet the Press, President-elect Donald Trump says he’ll make the federal government “more efficient,” but he does not plan to touch federal entitlements like ...NBC News - Dec. 8 -
How SMU's first season in the ACC became a massive success
Rhett Lashlee's Mustangs have defied all expectations to get within a win of the College Football Playoff.ESPN - Dec. 7 -
Amorim: Utd are 'massive club, not massive team'
Ruben Amorim said he has inherited a "difficult position" at Manchester United and described his new side as "a massive club but not a massive team."ESPN - Dec. 7 -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - Dec. 6 -
Man Utd are a massive club, not massive team - Amorim
New head coach Ruben Amorim says Manchester United are "a massive club but not a massive team" as he tries to steer the club back towards the top of the English game.BBC News - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.The New York Times - Dec. 6 -
Blackburn unveils 'DOGE Acts' to cut spending, freeze federal hiring and salaries
Sen. Marsha Blackburn (R-Tenn.) has unveiled her “DOGE Acts” to cut spending and freeze federal hiring, as well as salaries. “Senator Blackburn is planning to introduce a package of bills – known ...The Hill - Dec. 5 -
Vivek Ramaswamy and Elon Musk meet with Republicans to talk DOGE spending cuts
Elon Musk and Vivek Ramaswamy began swapping ideas in person with congressional Republicans about ways they could slash federal spending and regulations.NBC News - Dec. 5 -
Musk and Ramaswamy pitch spending advisory board to lawmakers on Capitol Hill
NBC News Capitol Hill Correspondent Ryan Nobles, Senior Capitol Hill Correspondent Garrett Haake and CNBC Senior Washington Correspondent Eamon Javers join Meet the Press NOW to report on Elon Musk ...NBC News - Dec. 5 -
Brendan Greene’s PlayerUnknown Productions unveils massive game projects
PlayerUnknown Productions is surfacing after years of work with a plan to enable founder Brendan Greene's next survival worlds.VentureBeat - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
Professional poker player pleads guilty to massive bettor fraud scheme
Cory Zeidman, 63, was arrested in connection with the $25 million scheme in 2021.CBS News - Dec. 5 -
Rudy Giuliani blows off contempt response deadline in massive defamation lawsuit
Giuliani has continued to speak out against the Georgia poll workers he defamedYahoo Sports - Dec. 5 -
Bitcoin passes $100,000 for first time in massive crypto rally
Landmark reached as US President-elect Donald Trump picks crypto advocate Paul Atkins to lead the US Securities and Exchange CommissionYahoo Sports - Dec. 5 -
UK dismantles massive money laundering operations tied to Russian oligarchs and cybercriminals
British authorities say they have dismantled two massive money laundering operations linked to Russia that were used by oligarchs, organized crime groups, cybercriminals and drug dealersABC News - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
Massive Elon Musk donation news to me, says Farage
Claims the X mogul is planning to donate $100m to Reform UK are dismissed by party leader Nigel Farage.BBC News - Dec. 3 -
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk’s multibillion-dollar pay package from Tesla. The controversial compensation agreement, which is now worth more than $100 billion, was reapproved ...The Hill - Dec. 3 -
Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited ‘multiple, material misstatements’ in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO’s $56 billion compensation award.Inc. - Dec. 3 -
Eye Opener: Millions of Americans impacted by massive winter storm
Winter storm blankets eastern North America in heavy snow, with more to come. Also, President Biden is criticized by both parties for pardoning his son Hunter Biden. All that and all that matters ...CBS News - Dec. 3 -
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Massive snowstorm slams the East, Great Lakes region
A snowstorm blasted the Great Lakes region and cold conditions are expected to remain. CBS News' Rob Marciano reports from Cassadaga, New York, and CBS News Bay Area meteorologist Jessica Burch has ...CBS News - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
