Latest in Spend Billion
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Fitch downgrades China’s sovereign debt over spending and tariffs
Beijing denounces ‘biased’ move by rating agency, insisting country’s economic foundations are stableFinancial Times - 3h -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 6d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 3d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 3d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 2d -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 1d -
Here's the Milwaukee Brewers' player payroll for the 2025 Major League Baseball season
A rundown of where the Brewers are spending their salary money in the 2025 season.Yahoo Sports - 3d -
UK Treasury confident Sizewell C nuclear power investors will soon be ‘teed up’
Ministers to decide whether to proceed with delayed Suffolk scheme in June spending reviewFinancial Times - 2d -
Andrew Luck sees temporary Frank Reich reunion helping Stanford evolve: 'Perfect scenario for both of us'
The two embark at a new journey after spending one season together in the NFLCBS Sports - 2d -
Airline stocks slide as concerns grow over consumers' travel appetite
A drop in consumer confidence and a decline in travel spending is weighing on travel stocks.CNBC - 2d -
Britain’s fiscal framework is not fit for purpose
There is nothing accountable or legitimate about unelected officials setting taxation and spending policyFinancial Times - 1d -
Need more joined up thinking on the north
Also in this week’s newsletter, regional disparities in the government’s ‘growth spending’Financial Times - 4h -
Biggest cost from Trump’s tariffs is uncertainty for Asian carmakers
Companies forced to make billion-dollar bets in face of unpredictable politicsFinancial Times - 2d -
Report: Tariffs won't impact Lions
The new expansion of tariffs is expected to cost automakers like Ford billions of dollars.Yahoo Sports - 2h -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 1d -
Ex-Milan captain urges club to reflect after spending €100m for ninth place
Ex Milan midfielder and captain Riccardo Montolivo didn’t hold back when analysing his former club’s current situation, stating that this season’s struggles couldn’t be compared to those of 10...Yahoo Sports - 3d -
St. Petersburg to spend $22.5M to fix hurricane-damaged Tropicana Field roof, aiming for Rays return in 2026
The once and possibly future home of the Tampa Bay Rays will get a new roof to replace the one shredded by Hurricane Milton with the goal of having the ballpark ready for the 2026 season, city ...Yahoo Sports - 2h -
Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending
Fintech and credit card stocks were hit particularly hard in the market rout that followed President Donald Trump's tariff announcement.CNBC - 21m -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 5d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 3d -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 3d -
The NHL and Rogers reportedly agree on 12-year, $7.7 US billion media rights deal in Canada
The contract is the latest source of revenue for the league as the salary cap continues to climb.Yahoo Sports - 2d -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 4h -
Magnificent 7 relinquishes more than $800 billion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.CNBC - 52m -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 2d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 2d -
Republicans grill PBS, NPR chiefs as Democrats mock proceedings
The two public media entities have become frequent targets in the GOP's efforts to reduce government spending.Los Angeles Times - Mar. 26 -
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted.The New York Times - 6d -
Weak oil price adds to strain on Saudi mega-projects
Kingdom prepares to unwind production cuts but puts at risk its ambitious spending planFinancial Times - 3d -
The people vs Musk: billionaire transforms Wisconsin court contest
State election has become most expensive judicial race in US history as Tesla boss spends unprecedented amountFinancial Times - 3d -
Former Alabama basketball starter, March Madness standout to reenter NCAA transfer portal
The former Alabama basketball guard starter over 30+ games with the Crimson Tide prior to spending a season in the Big 12.Yahoo Sports - 3d -
Levy on Spurs transfers: We won't overspend
Tottenham Hotspur chairman Daniel Levy has defended the team's transfer spending and described the 2024-25 season as "highly challenging."ESPN - 2d -
Panthers to host Cleveland Browns in joint practice before season kicks off
The Cleveland Browns will spend some time in the Queen City before next season kicks off.Yahoo Sports - 2d -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 3d -
Trump Administration Demands Additional Cuts at C.D.C.
In addition to reductions in agency personnel, federal regulators are demanding $2.9 billion in contract cancellations.The New York Times - 8h
