Latest in Spend
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Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - Feb. 8 -
Manfred: Dodgers spending 'within the rules'
Commissioner Rob Manfred acknowledged the widespread concern over payroll disparity in MLB but said he blames the system, not the Dodgers.ESPN - 1d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - Feb. 8 -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - Feb. 9 -
Brady's B'ham, Wrexham drive record spending
Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...ESPN - Feb. 9 -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - Feb. 11 -
Schumer: Democrats will use spending bills to curb Musk
Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass by March 14 that would unwind Elon Musk’s efforts to dismantle government ...The Hill - Feb. 11 -
The Pentagon needs a budget cut, not a spending spree
Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and fail to address wasteful programs and inefficiencies.The Hill - Feb. 12 -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - Feb. 12 -
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Even as they praise the president’s unilateral actions to slash federal spending, G.O.P. lawmakers have quietly moved to seek carve outs or exemptions for their own constituents.The New York Times - Feb. 12 -
EU to ease fiscal rules to boost defence spending
Activation of ‘escape clause’ will help countries ‘substantially increase’ military spending, says Ursula von der LeyenFinancial Times - 6d -
NAACP Encourages Spending at Companies That Didn’t Ditch DEI
The NAACP published a guide to drive buyers toward companies that prioritize diversity.Inc. - 3d -
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DOGE "receipts" show approved spending, not evidence of fraud
Elon Musk and President Trump have said that DOGE's mission is to root out waste and abuse. The White House claims the agency has uncovered fraud and released a "wall of receipts" to show its ...CBS News - 1d -
Bond investors brace for Europe’s defence spending ‘bazooka’
Sovereign debt yield curves at their steepest in more than two years as investors anticipate more supplyFinancial Times - 1d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - Feb. 7 -
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - Feb. 8 -
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Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - Feb. 9 -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - Feb. 10 -
Wildfire mitigation projects caught up in Trump’s spending freeze
Some forest management projects that aim to mitigate wildfire risk are among the projects that have been halted under President Trump’s executive order to freeze spending. In a letter to the Trump ...The Hill - Feb. 10 -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - Feb. 11 -
Aguilar says Democrats would oppose spending bill with Department of Education cuts
Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...NBC News - Feb. 11 -
Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - Feb. 11 -
Reeves faces cutting spending or raising taxes as UK growth disappoints
Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdogFinancial Times - Feb. 11 -
Russian defence spending exceeds all of Europe combined, study finds
IISS assessment lays bare challenges facing Europe should US cut back Ukraine military supportFinancial Times - Feb. 12 -
Starmer summons UK defence chiefs in tussle over spending
Donald Trump is pushing European governments to commit much higher funding to armed forcesFinancial Times - Feb. 12 -
House Republicans release budget plan, with trillions in tax and spending cuts
House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.CBS News - Feb. 12 -
House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - Feb. 13 -
When the pain hits home, Republicans balk at Trump's spending cuts and tariffs
From reducing NIH funding to slashing USAID to new tariffs, Republican lawmakers are beginning to speak out — carefully — against some of Trump's actions.NBC News - Feb. 13 -
US Department of State plans to spend $400m on Tesla armoured vehicles
Plan raises possibility of more conflicts of interest for Elon Musk as he leads efforts to slash government spending. The US Department of State is planning to spend $400m buying new Tesla armoured ...The Guardian - Feb. 13 -
Premier League to delay introduction of rules limiting spending on players
PSR set to stay in place for clubs next season League intends to adopt new squad cost ratio approach The Premier League is to delay the introduction of financial rules that would limit the ...The Guardian - Feb. 13 -
Jeffries says Republicans ‘walked away’ from spending talks
House Minority Leader Hakeem Jeffries (D-N.Y.) said Thursday that the bipartisan talks aimed at preventing a government shutdown have ended — at least temporarily — and accused GOP leaders in the ...The Hill - Feb. 13 -
Defense stocks drop after Trump says Pentagon spending could be halved
Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.CNBC - 6d -
Judge Orders Trump Administration to Resume Foreign Aid Spending
The judge faulted the logic of a blanket freeze on foreign aid spending and found that groups that depend on the aid had made a strong initial showing of “irreparable harm.”The New York Times - 6d -
Retail sales slump. Cold snap and post-holiday blues depress spending.
Consumers took a breather from holiday shopping season and a severe cold snap in the U.S. kept people indoorsMarketWatch - 6d -
Vance meets with Zelenskyy after demanding NATO allies boost defense spending
Vice President JD Vance is meeting with Ukrainian President Volodymyr Zelenskyy on Friday after Vance demanded that the NATO alliance step up defense spending. CBS News' Anna Noryskiewicz and ...CBS News - 6d -
DOGE Is Supposed to Be Cutting Government Spending. Its Budget Just Doubled
Elon Musk’s Department of Government Efficiency has already seen its total budgetary resources increase by 114%.Inc. - 5d
