Latest in Shackles Spend Defence
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House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - 5d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 4d -
US shoppers modestly increased spending last month as concerns rise about economy
US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the ...ABC News - 1d -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - 4d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - Mar. 9 -
Al Harbi: Ideal Cancelo alternative ensuring Al Hilal RSL defence doesn't miss beat
Losing Saud Abdulhamid was always going to constitute a hefty blow for Al Hilal, such was the presence and performance of the now AS Roma defender during the past few seasons. The marauding ...Yahoo Sports - 4d -
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.CBS News - Mar. 10 -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - Mar. 12 -
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Trump Signs Spending Bill to Fund Government
The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government.The New York Times - 3d -
Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - 1d -
Reeves to squeeze public spending further in Spring Statement
Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public financesFinancial Times - 14h -
Swamp Notes: Trump’s transatlantic divorce
Europe is learning to live without a US defence assurance. Could the split bring new life to the continent?Financial Times - Mar. 8 -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - Mar. 8 -
Can the US switch off Europe’s weapons?
Long hooked on American defence exports, allies feel buyers’ remorse over hardware dependent on Washington supportFinancial Times - Mar. 9 -
Lawyer probing Reform UK row contradicts MP Lowe
Comments attributed to the senior lawyer by the Great Yarmouth MP in his defence have been denied by her.BBC News - Mar. 10 -
High rate of army dropouts pushes German forces to ‘breaking point’
Bundeswehr numbers are shrinking at a time when Berlin is pledging to do more for European defenceFinancial Times - Mar. 11 -
Sweden to expand arms and space capabilities without US
Stockholm still values co-operation with Washington but backs stronger European pillar of Nato, defence minister saysFinancial Times - Mar. 12 -
Industrial strategy turns from green to battleship grey
Trump’s hard line on Ukraine and Nato poses difficult choices for the UK’s defence industryFinancial Times - 6d -
BAE in early talks with Japanese groups to collaborate on drones for fighter jets
Smaller pilotless planes could be used to suppress defences before combat aircraft enter danger zonesFinancial Times - 6d -
WBO orders champion Usyk to face Parker next
World heavyweight champion Oleksandr Usyk is ordered by the WBO to begin negotiations with Joseph Parker for a mandatory title defence.BBC News - 6d -
First Druze crossing in 50 years as Israel courts allies in Syria
Its overtures towards the Druze is part of strengthening its defences against Syria's new leaders.BBC News - 4d -
Carney plays down prospect of major confrontation between Canada and US
New Canadian prime minister cites Nato’s mutual defence doctrine during visit to LondonFinancial Times - 1d -
The US establishment is scared of its own shadow
Fear and muddled thinking are stopping Trump’s opponents from acting in defence of a democracy in perilFinancial Times - 1d -
Microsoft has been the worst Big Tech stock lately. Here’s why it may become the best.
Microsoft is getting more disciplined on AI spending and is better positioned than rivals for a consumer-spending slowdown, according to one analyst.MarketWatch - 5d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - Mar. 7 -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
Trump-district Democrats face risky vote on GOP spending bill
House Democrats in districts carried by President Trump are confronting a potentially risky vote next week when GOP leaders are expected to put their partisan government funding bill on the floor. ...The Hill - Mar. 9 -
Nail-biter spending vote could hinge on Trump-district Democrats
Centrist Democrats are keeping them guessing. Heading into Tuesday’s vote to fund the federal government, almost a dozen House Democrats in Trump-won districts have yet to reveal if they’ll join ...The Hill - Mar. 10 -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - Mar. 10 -
Ad spending on women's sports more than doubled last year
Ads during women's sports programs were 40% more impactful than the average primetime advertisement, according to EDO.CNBC - Mar. 11 -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - Mar. 11 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Lone Democrat to back House GOP spending bill explains decision
Rep. Jared Golden (D-Maine) defied House Democratic leadership on Tuesday when he voted for the GOP’s bill to avert a government shutdown — the only one in the caucus to support the stopgap. ...The Hill - Mar. 11 -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - Mar. 11 -
House spending bill to avert shutdown faces hurdles in Senate
House Speaker Mike Johnson was able to squeeze a short-term government funding bill through a vote by a slimmest of margins. Attention now turns to the senators across the hall with a government ...CBS News - Mar. 11 -
How to Spend Less Time on Social Media (or Leave It Altogether)
If you’re feeling overwhelmed but don’t quite have the willpower to curb your online habit, your phone can help you manage your time online.The New York Times - 6d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 6d