Latest in Merz Historic Spending
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GOP-led spending bill clears key Senate hurdle with help from Democrats
The Senate is poised to avert a partial government shutdown after 10 Democrats joined Republicans to help advance a procedural vote Friday afternoon. CBS News political correspondent Caitlin ...CBS News - 1d -
If even Germany is embracing higher spending, why on earth can’t Labour? | William Keegan
Russia has pushed Europe into a quasi-Keynesian approach to the defence budget. Only Britain insists on cutting help to the sick to pay for security. As the president of the US provokes trade and ...The Guardian - 9h -
Senate Democrats' impending choice: Shutdown or surrender
House Democrats say they won't vote for the House GOP's spending plan. Democrats across the Capitol aren't so sure.Politico - Mar. 7 -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - Mar. 8 -
America needs a serious opposition
Democrats should spend less time on gimmicks and more on communicating what they actually stand forFinancial Times - Mar. 9 -
BBC hit by £1.3mn bill for Huw Edwards scandal
Broadcaster’s spending under scrutiny as it enters talks with the government over the future of the licence feeFinancial Times - 6d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 5d -
2025 NFL free agency: Packers signing Nate Hobbs to four-year, $48 million deal, per report
Green Bay spends to strengthen its secondary for the second year in a row under defensive coordinator Jeff HafleyCBS Sports - 5d -
Free agent S Camryn Bynum to sign a 4-year, $60 million deal with the Colts
The Colts haven't been a team known to spend big on free agency in recent years, so this is a bit out of character for them.Yahoo Sports - 5d -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 4d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 4d -
Nvidia’s stock has been ‘brutalized.’ Here’s the big disconnect.
Investors appear worried about the health of AI spending. But big AI customers don’t seem hesitant, an analyst notes.MarketWatch - 4d -
What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.
A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once.The New York Times - 4d -
American travelers are booking fewer domestic flights in another warning sign for the economy
Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.MarketWatch - 4d -
Brett Favre suggests Aaron Rodgers should sign with Vikings: 'They're loaded at pretty much every position'
Favre spent most of his career with the Packers before spending his final two seasons with the VikingsCBS Sports - 4d -
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.The New York Times - 4d -
UK social safety net among weakest in rich world, analysis finds
Think-tank report comes as Keir Starmer seeks to convince Labour MPs to back welfare spending cutsFinancial Times - 3d -
Naples residents camp outdoors after overnight quake
Many people in and around the Italian city spend the night on the streets and in their cars, fearing aftershocks.BBC News - 3d -
With Medicaid cuts looming, misinformation about immigrants, especially Latinos, spreads
As Republican lawmakers move to cut Medicaid spending, misinformation about immigrants, especially about Latinos, is spreading on social media.NBC News - 3d -
Under G.O.P., Congress Cedes Power to Trump, Eroding Its Influence
On spending, oversight and other issues, Republican lawmakers have willingly ceded power traditionally reserved for Congress to the Trump White House.The New York Times - 2d -
Police get more time with North Sea crash captain
The Russian national will spend an extra 24 hours in police custody after being arrested on Monday.BBC News - 2d -
How to Watch CBS Online Without Cable to Livestream NCAA March Madness Games & More
Cord-cutters can watch live sports without having to spend hundreds of dollars through these affordable streaming options.Yahoo Sports - 1d -
Republicans' reckless assault on clean energy will cost them
The GOP spending bill is a slash-and-burn blueprint for enacting President Trump’s extreme agenda, and it will throw American industries and families into chaos.The Hill - 1d -
No quick fix to stronger sales, says Asda boss
Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.BBC News - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 4h -
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 - 2h -
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
DOGE Is Putting Major Government Efficiency Projects at Risk
In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.Wired - Mar. 7 -
Trump admin aims to get undocumented immigrants to self-deport with new messaging campaign
The Trump administration is spending $200 million on a new messaging campaign with ads and a "self-deportation" mobile app to convince immigrants to leave the U.S.NBC News - 4d -
Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors
While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.MarketWatch - 3d -
This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing
Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.MarketWatch - 2d -
China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows
Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.CNBC - 2d -
Packers free-agent linebacker Eric Wilson is heading back to the Vikings
After spending three seasons in Green Bay, Eric Wilson is heading back to the team with which he started his NFL career.Yahoo Sports - 2d -
The Democratic Divide: Would a Shutdown Have Helped or Hurt Trump?
The party’s split over supporting a spending extension to avert a lapse in government funding boiled down to a practical question of how much power the president has in a shutdown.The New York Times - 1d -
‘The Interview’: Chuck Schumer on Democrats, Antisemitism and His Shutdown Retreat
The Senate minority leader discusses the backlash to his vote on the Republican spending bill, how he sees his role within the party and his new book.The New York Times - 7h