Latest in Record Spending Unprecedented
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FirstFT: Nato’s European members discuss raising defence spending targets
Also in today’s newsletter, emerging-market currencies sell off and Nasdaq board diversity rules thrown outFinancial Times - 4h -
Nato’s European members discuss 3% target for defence spending
Increased military expenditure could be agreed at next year’s summit, intensifying pressure on national budgetsFinancial Times - 4h -
2025 Housing Market Predictions: Can the U.S. Climb Out of ‘Unprecedented’ Crisis?
The 2024 housing market was the slowest in decades. Next year’s might not be much better. It may come down to how many new homes can be built.The New York Times - 15h -
Dave & Buster’s struggles to capture spending, and CEO exit is a bombshell
Truist downgraded the stock to hold from buy, saying the CEO move muddles the company’s turnaround story.MarketWatch - 18h -
College closures expected to spike amid 'unprecedented fiscal challenges,' Fed research finds
With enrollment falling, a growing number of colleges are in financial jeopardy.CNBC - 18h -
Winners and losers of Labour spending review
Funding tug of war looms between Treasury and Downing Street as party’s political machinery tightensFinancial Times - 1d -
Trump's administration set to have unprecedented number of billionaires
Once President-elect Donald Trump takes office in January, an unprecedented number of billionaires will make up his incoming administration. Axios national politics reporter Sophia Cai joins "The ...CBS News - 1d -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - 1d -
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 - 1d -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - 1d -
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 - 1d -
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 - 1d -
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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 - 1d -
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 - 2d -
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 - 2d -
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 - 3d -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - 3d -
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 - 3d -
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 - 5d -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - 5d -
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 - 5d -
Examining the unprecedented political division in France
French President Emmanuel Macron is accusing his political opponents of creating chaos after left and right-wing lawmakers voted to oust his prime minister just three months into the job. Angela ...CBS News - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
'This is a Hail Mary': Inside Lonzo Ball's unprecedented 1,000-day return to the NBA
What was originally thought to be a minor injury turned into "search and rescue" procedures and one surgery no NBA player ever had done. This is the untold story of Ball's harrowing road back to ...ESPN - 6d -
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 - 6d -
Stokes backs Crawley to improve dismal NZ record
England captain Ben Stokes backs opener Zak Crawley to improve his dismal record against New Zealand in the second Test in Wellington.BBC News - Dec. 5 -
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 -
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W.N.B.A. Unveils 2025 Schedule, With a Record Number of Games
Teams will play 44 games during the league’s 29th season.The New York Times - 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 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2 -
Pep Guardiola's unprecedented slide with Manchester City continues; USWNT wraps up 2024 in Netherlands
Elsewhere in the Golazo Starting XI newsletter, can Barcelona bounce back and moreCBS Sports - Dec. 2
