Latest in Spend 100bn Year
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Snip, snip: Spending cuts are coming
The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion fThe Hill - 2d -
Spending up on last year as Man City go big in transfer window
Premier League clubs spent around £370m in the winter transfer window with Manchester City spending almost as much as the other 19 top-flight teams combined.BBC News - 3d -
SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint announcement on MondayCNBC - 3d -
Meta’s investment in VR and smart glasses on track to top $100bn
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last yearFinancial Times - 3d -
Europe must spend more on its own defence
Military expenditure should be exempted from the EU’s fiscal rulesFinancial Times - 4d -
Bill Gates: We've given away $100bn, but my children won't be poor when I'm gone
The Microsoft co-founder says he enjoys giving away his fortune and it won't leave his kids poor.BBC News - 4d -
How to spend it in February
HTSI writers pick the best food, fashion, auctions, exhibitions and adventures for the month aheadFinancial Times - 6d -
Visa gives rosy guidance as spending growth improves
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.MarketWatch - Jan. 31 -
The White House Pulled Back Its Spending Freeze
Also, Menendez was sentenced to 11 years in prison. Here’s the latest at the end of Wednesday.The New York Times - Jan. 29 -
Thursday Briefing: Trump Reverses Spending Freeze
Plus, celebrating the Lunar New Year.The New York Times - Jan. 29 -
Steinbrenner: 'Difficult' to spend like Dodgers
Yankees owner Hal Steinbrenner said it is "difficult" for other teams to keep up with the Dodgers' offseason spending.ESPN - Jan. 29 -
Federal Spending Freeze Threatens Ecosystems and Public Safety
A White House memo ordered a halt to federal assistance and a review to align spending with Donald Trump’s priorities. Many legal experts say the order is unconstitutional.Wired - Jan. 29 -
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Trump’s spending freeze roils Capitol Hill
The Trump administration’s expansive freeze on federal grants and other executive spending roiled Washington on Tuesday, drawing howls from Democrats — and a few well-placed Republicans — who say ...The Hill - Jan. 28 -
A Judge Temporarily Blocked Trump’s Spending Freeze
Also, the U.S. urged its citizens to leave Congo. Here’s the latest at the end of Tuesday.The New York Times - Jan. 28 -
How the Trump Administration Is Scrutinizing Federal Spending
A sweeping directive from the Office of Management and Budget requires federal agencies to subject hundreds of grant programs to ideological litmus tests.The New York Times - Jan. 28 -
Democrats to hold ‘emergency’ meeting on Trump’s spending freeze
House Democratic leaders have arranged an “emergency” meeting of the full caucus on Wednesday in response to President Trump’s decision to freeze a large chunk of federal spending. The meeting, ...The Hill - Jan. 28 -
Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek
Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn. DeepSeek ’s cut-price challenge to US AI dominance, which wiped $600bn in ...The Guardian - Jan. 28 -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - Jan. 27 -
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.The New York Times - Jan. 27 -
Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - Jan. 27 -
AI leaders clash over safety and $100bn Stargate project
Top tech leaders at Davos such as DeepMind’s Demis Hassabis and Meta’s Yann LeCun in fiery debateFinancial Times - Jan. 26 -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - Jan. 25 -
BBC reporter spends a year undercover to expose far-right group
I'm a BBC journalist, but for the past year I've been going undercover in a far-right group.BBC News - Jan. 25 -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.NBC News - Jan. 24 -
A look at Trump's NATO spending targets
Presented by Lockheed Martin — The U.S. spends around 3 percent of economic output on defense {beacon} Defense &National Security Defense &National Security The Big Story Unpacking Trump's push ...The Hill - Jan. 24 -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - Jan. 24 -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.CNBC - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Colts hire Lou Anarumo: Respected defensive coordinator stays in AFC after spending past 6 years with Bengals
Anarumo spent the past six years in CincinnatiCBS Sports - Jan. 21 -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
Biden to Spend a Last Day as President in Charleston
President Biden will spend his final full day in office in Charleston, S.C., where five years ago he revived his flailing campaign.The New York Times - Jan. 19 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9
