Latest in Spend Billion Four
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Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 5d -
Every hour children spend on screens raises chance of myopia, study finds
Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...The Guardian - 5d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 5d -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - 5d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 4d -
No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cutsFinancial Times - 2d -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - 2d -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - 2d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 1d -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - 1d -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - 1d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 1d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 1d -
Starmer prepares to meet Trump after raising defence spending
The PM will head to Washington a day after announcing military budgets would rise to 2.5% of national income by 2027.BBC News - 1d -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - 1d -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 22h -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 17h -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 11h -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 3h -
Norwegian Cruise’s bookings are still booming, and passengers are spending more
Norwegian Cruise swings to a quarterly profit that beat expectations by a wide margin, and the stock gets a lift.MarketWatch - 1h -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 5d -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 5d -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 4d -
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Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - 2d -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - 2d -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - 2d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 2d -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - 2d -
MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - 2d -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - 2d -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 2d -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - 1d -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 1d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 1d -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 23h
