Latest in Reforms Scaled Spending
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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 -
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 -
Omnicom and AssuredPartners mergers highlight need for ‘scale’ as dealmakers get busy
A pair of big-money acquisitions by advertising company Omnicom and insurance broker Arthur J. Gallagher tip the scales at a combined $27 billion.MarketWatch - 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 -
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal
Central American nation to make acceptance of cryptocurrency voluntary to unlock international lendingFinancial Times - Dec. 9 -
Civil service reform must tackle pay and promotion
Frozen public sector wages and tax thresholds create unhelpful incentives, leading to recruitment woes on WhitehallFinancial Times - 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 -
Loss to Forest makes scale of Manchester United rebuild clear to Ruben Amorim
Following back-to-back defeats, it shows that the task at hand for Manchester United head coach Ruben Amorim will continue to be a hard one.ESPN - Dec. 8 -
Planning reforms will end development chaos, says Rayner
Officials will be able to rubberstamp development plans without local authority permission under the changes.BBC News - Dec. 8 -
Pope Francis installs 21 new cardinals, many key figures in his reform agenda
Pope Francis will have created 110 of the 140 cardinals under 80, thus eligible to vote in a conclave.CBS News - Dec. 7 -
Pope creates 21 cardinals to carry out his reform plans
Pope Francis has installed 21 new cardinals, many of whom are key figures in his reform agendaABC News - Dec. 7 -
Scotland’s ‘sport of kings’ hit by extreme weather and land reform
Grouse shooting industry says it sustains rural life but opponents argue it is time for transitionFinancial Times - 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 -
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 -
The week: Labour milestones, McSweeney and Reform
Adam and Chris look back at the political week with Tim Shipman.BBC News - 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 -
AWS cuts database prices almost 50% and adds distributed scaling capabilities
AWS has launched new features for DynamoDB, Aurora and MemoryDB cloud databases to help scale distributed workloads and lower costs.VentureBeat - 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 -
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 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Lee Child and Malorie Blackman urge English literature syllabus reform
More than 180 authors and publishers warn that writers of colours are under-represented in school curriculumFinancial Times - Dec. 5 -
Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000
SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin ...Yahoo Sports - 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 -
British army could be wiped out within six months of Ukraine-scale war, minister warns
Alistair Carns says a casualty rate similar to Russia’s invasion could lead to the army being ‘expended’ within six to 12 months. The British army would be wiped out in as little as six months if ...The Guardian - 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 -
Wales the happy hunting ground for Reform
Labour is still likely to hold on to power in the SeneddFinancial Times - Dec. 4 -
Meta to scale back content moderation
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Meta says harmless content taken down 'too often' Meta, the parent company of Facebook and Instagram, said ...The Hill - 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 -
Hunt is on to find 2 Americans who disappeared scaling New Zealand's tallest mountain
The hunt is on to find three climbers who disappeared while trying to get to the top of New Zealand’s tallest mountain, authorities said.ABC News - Dec. 3 -
Scottish NHS reform 'urgently needed' - watchdog
Audit Scotland says decisions may needed about whether some services can be provided by the NHS.BBC News - Dec. 3 -
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Radical planning reform needed to hit 1.5m housebuilding target in England, Labour warned
Thinktank urges government to be ‘much more ambitious’ as actions so far are not enough to fulfil manifesto pledge. Labour will miss its manifesto target of building 1.5m homes in England before ...The Guardian - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
How This Engineer Entrepreneur Scaled STEAM Education for Kids
At Jenny Young’s growing Brooklyn Robot Foundry, budding tinkerers get hands-on training to create the technology of the future.Inc. - 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
