Latest in Power Block Spending
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Visa gives rosy guidance as spending growth improves
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.MarketWatch - 1h -
Thursday Briefing: Trump Reverses Spending Freeze
Plus, celebrating the Lunar New Year.The New York Times - 1d -
Federal Spending Freeze Threatens Ecosystems and Public Safety
A White House memo ordered a halt to federal assistance and a review to align spending with Donald Trump’s priorities. Many legal experts say the order is unconstitutional.Wired - 1d -
The White House Pulled Back Its Spending Freeze
Also, Menendez was sentenced to 11 years in prison. Here’s the latest at the end of Wednesday.The New York Times - 1d -
White House revokes memo freezing federal aid. Trump will try to block spending in other ways.
Democrats said the move was an unconstitutional seizure of power over the federal budget and warned of disruptions in funding to local police, domestic violence shelters, food programs and more.MarketWatch - 1d -
Steinbrenner: 'Difficult' to spend like Dodgers
Yankees owner Hal Steinbrenner said it is "difficult" for other teams to keep up with the Dodgers' offseason spending.ESPN - 1d -
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Trump’s spending freeze roils Capitol Hill
The Trump administration’s expansive freeze on federal grants and other executive spending roiled Washington on Tuesday, drawing howls from Democrats — and a few well-placed Republicans — who say ...The Hill - 2d -
Federal judge temporarily blocks Trump plan to pause federal aid spending
A federal district judge on Tuesday issued a one-week administrative stay in a case challenging the Trump administration’s plan to freeze federal aid. The Trump administration says its plan to ...NBC News - 2d -
A Judge Temporarily Blocked Trump’s Spending Freeze
Also, the U.S. urged its citizens to leave Congo. Here’s the latest at the end of Tuesday.The New York Times - 2d -
How the Trump Administration Is Scrutinizing Federal Spending
A sweeping directive from the Office of Management and Budget requires federal agencies to subject hundreds of grant programs to ideological litmus tests.The New York Times - 2d -
Does Trump Have the Power to Block Spending That Congress Has Authorized?
The White House’s temporary pause on trillions in federal spending could set up a court fight over executive authority and Congress’s control of the purse.The New York Times - 2d -
Democrats to hold ‘emergency’ meeting on Trump’s spending freeze
House Democratic leaders have arranged an “emergency” meeting of the full caucus on Wednesday in response to President Trump’s decision to freeze a large chunk of federal spending. The meeting, ...The Hill - 2d -
German leftist leader vows to block higher defence spending
Sahra Wagenknecht says taking on more debt to help Ukraine ‘out of the question’ if BSW enters Bundestag next monthFinancial Times - 2d -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - 3d -
Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - 3d -
A look at Trump's NATO spending targets
Presented by Lockheed Martin — The U.S. spends around 3 percent of economic output on defense {beacon} Defense &National Security Defense &National Security The Big Story Unpacking Trump's push ...The Hill - 6d -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - 6d -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - 6d -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
Trump’s Unlikely Return to Power
Donald J. Trump is returning to the White House in a far stronger position. He’s facing a depleted opposition and a more compliant Congress. Jonathan Swan, a politics reporter for The New York ...The New York Times - Jan. 20 -
Biden to Spend a Last Day as President in Charleston
President Biden will spend his final full day in office in Charleston, S.C., where five years ago he revived his flailing campaign.The New York Times - Jan. 19 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Hydrogen-Powered Boats Are Here
Amogy just raised $56 million to scale its hydrogen fuel tech.Inc. - Jan. 15 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Demonstrators block a key Pakistan-China trade route over power outages
Officials say hundreds of protesters angered by power outages have blocked a key road in northern PakistanABC News - Jan. 7 -
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Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
POWER Digest [January 2025]
Yahoo News - Jan. 2 -
A power that seems will never die
'The Seed of the Sacred Fig' filmmaker Mohammad Rasoulof used footage from actual protests in Iran to create large portions of his feature film.Los Angeles Times - Jan. 1