Latest in Spend Billion Increase
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Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 46m -
US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.BBC News - 5h -
Cisco pops on increased full-year revenue forecast
Cisco topped analysts' estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.CNBC - 10h -
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 - 14h -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 14h -
Why U.S. Consumer Prices Increased More Than Expected in January
Businesses may have raised prices in anticipation of new tariffs imposed by the Trump administration.Inc. - 15h -
Eating from plastic takeout containers can increase heart failure risk – study
Study, adding to rising evidence of plastic-linked health risks, points to gut biome changes as a cause of heart failure. Sign up for our free Detox Your Kitchen newsletter Eating from ...The Guardian - 20h -
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 - 5d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 5d -
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 -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve proceeding slowly with interest rate cutsFinancial Times - 11h -
Should you lock a home equity loan rate with inflation increasing again?
Inflation just rose for the fourth consecutive month. Here's why homeowners should lock in a home equity loan rate now.CBS News - 12h -
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 - 13h -
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, data showed.ABC News - 15h -
Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to increase ...The Hill - 18h -
Coca-Cola says Trump tariffs could force it to increase use of plastic in US
Introduction of 25% tariffs on steel and aluminium imports could push up canned food and drink prices. Coca-Cola has said it may have to increase its use of plastic in the US if Donald Trump’s ...The Guardian - 23h -
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 - 1d -
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 - 1d -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 1d -
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 - 1d -
Poll analysis: Increasing numbers of Democrats want their party to oppose Trump
Democrats express mixed confidence in Democratic congressional leaders' ability to oppose Trump.CBS News - 2d -
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 - 2d -
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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 - 2d -
Tokyo Metro chief signals more fare increases after 28-year freeze
Operator of feted subway system seeks to win over shareholders and cope with falling ridershipFinancial Times - 3d -
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 - 3d -
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 - 3d -
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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 - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
New Orleans increases security ahead of Super Bowl, Trump visit
President Trump is expected to attend the Super Bowl in New Orleans on Sunday, making him the first sitting president to attend the NFL's big game. His visit means even tighter security for New ...CBS News - 4d -
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 - 4d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 4d -
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 - 4d -
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 - 5d -
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 - 5d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 5d
