Latest in Record Spending
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DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.CNBC - 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 - 6d -
Average house price hits record high of £298,083
The UK's largest mortgage lender said the average house price hit £298,083 last month.BBC 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 -
U.S. sets Thanksgiving record for whooping cough cases
At least 364 pertussis cases were reported, marking the worst Thanksgiving week on record.CBS News - 6d -
Record number of unaccompanied minor children in region, UNICEF estimates
Children are a quarter of all migrants in Latin America and the Caribbean, UNICEF officials estimate.CBS 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 -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - 6d -
'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - 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 -
Tech Stocks and AI Propel Wall Street’s Record-Setting Streak
AI is fueling the rise of tech stocks to soaring levels.Inc. - Dec. 4 -
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
NATO Secretary-General Mark Rutte is leading a fresh push for European countries to ramp up defense spendingABC News - Dec. 4 -
Mexican troops seize record fentanyl haul in northern Sinaloa state
Mexican soldiers and marines have seized over a ton of fentanyl pills in two raids in the north in what officials are calling the biggest catch of the synthetic opioid in the country's historyABC News - Dec. 4 -
Mexican Authorities Seize 20 Million Doses of Fentanyl in Record Haul
The operation comes after President-elect Donald J. Trump threatened tariffs on Mexico if the country did not crack down on fentanyl.The New York Times - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC 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 -
Whooping cough cases hit record highs across the U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the alarming rise in whooping cough cases.CBS News - Dec. 4 -
As global defense spending surges, South Korean arms makers look like a clear winner
A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.CNBC - 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 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Georgia Republicans Seek Fani Willis’s Testimony and Records in Trump Case
Ms. Willis, who charged Mr. Trump in connection with his efforts to cling to power after the 2020 election, came under scrutiny over her relationship with a lawyer she hired to lead the case.The New York Times - Dec. 3 -
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 -
Fantasy Football Week 14 Waiver Wire: Isaac Guerendo is the league winner worth spending remaining budget on
Here's who you should be targeting heading into Week 14CBS Sports - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
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Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Saudi Arabia's network of spending and influence detailed before getting 2034 World Cup from FIFA
Saudi Arabia’s growing influence and massive spending in global sports have been detailed in research ahead of the kingdom being confirmed by FIFA next week as the 2034 World Cup hostABC News - Dec. 2 -
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
