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Nvidia to spend hundreds of billions on US supply chain, says chief
Jensen Huang’s pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industryFinancial Times - 1d -
Confidence in German economy surges as parliament approves huge spending plan
Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defenseMarketWatch - 3d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump
The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.The New York Times - Mar. 14 -
Nvidia CEO Huang praised this Trump policy. And the stock is bouncing.
Nvidia CEO Jensen Huang praised the Trump administration’s AI policies in an FT interview and said he sees the company spending hundreds of billions on U.S.-made electronics.MarketWatch - 1d -
European leaders push for even more defense spending — despite plans for $867 billion 'ReArm' package
"I think this is only the start," Lithuanian President Gitanas Nausėda told CNBC's Silvia Amaro on the EU's plans to boost defense spending.CNBC - 1d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - Mar. 11 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Alphabet Spends $32 Billion to Buy Cybersecurity Startup Wiz
If the deal for Alphabet to buy Wiz closes, it will become the company’s most expensive acquisition ever.Inc. - 3d -
Trump vows to take ‘hundreds of billions’ in tariffs as Australia’s hopes of getting exemption fades
Australia unlikely to escape US president’s global steel and aluminium tariffs despite intense lobbying to be carved out. Follow our Australia news live blog for latest updates Get our ...The Guardian - Mar. 11 -
Reeves to squeeze public spending further in Spring Statement
Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public financesFinancial Times - 2d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - Mar. 11 -
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billionABC News - 3d -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 1d -
How to Watch CBS Online Without Cable to Livestream NCAA March Madness Games & More
Cord-cutters can watch live sports without having to spend hundreds of dollars through these affordable streaming options.Yahoo Sports - Mar. 14 -
New political spending signals Elon Musk's huge role in the GOP is still growing
After having sunk more than a quarter-billion dollars into the 2024 election and then taken a central role in President Donald Trump’s administration, billionaire Elon Musk is demonstrating that ...NBC News - 21h -
Boston Celtics sold for $6.1 billion
The Boston Celtics are being sold to Bill Chisholm for $6.1 billion.CBS News - 9h -
Warner backs Anderson for Hundred wildcard
Former Australia batter David Warner says England all-time leading Test wicket taker James Anderson would be a real asset to any team in The Hundred. Warner, 38, Was signed by London Spirit in ...Yahoo Sports - 6d -
Canada Announces Arctic Radar Deal With Australia Amid Trump Threats
As President Trump talks about U.S. dominance of the Arctic, Canada says it will spend billions to defend the region, including buying new radar technology from Australia.The New York Times - 2d -
Accenture Confirms Revenue Drop as DOGE Reviews Consulting Contracts
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the most prominent private sector companies to be affected.Inc. - 2h -
Karl Rove: Trump claims of DOGE 'fraud' discoveries will backfire
Republican strategist Karl Rove said President Trump’s claims that the Department of Government Efficiency (DOGE) has discovered “hundreds of billions” in government “fraud” will backfire when ...The Hill - Mar. 10 -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - Mar. 12 -
Fight brews over Trump’s million-dollar campaign war chest
President Trump’s political operation is sitting on hundreds of billions of dollars, a staggering amount for a political figure who is term-limited. The campaign stands to make much more when Elon ...The Hill - 2d -
Israel strikes kill hundreds in Gaza with ceasefire on the brink
Israel’s military launched a new round of deadly strikes in Gaza since the ceasefire agreement with Hamas. It’s the deadliest attack on Gaza in months with hundreds of Palestinians killed. NBC’s ...NBC News - 3d -
Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding
Perplexity AI is in early talks to raise between $500 million and $1 billion in funding at an $18 billion post-money valuation, a source told CNBC.CNBC - 22h -
Israeli strikes kill hundreds in Gaza as ceasefire teeters on the brink
Israel's military launched the deadliest strikes on the Gaza strip since the agreement of its ceasefire with Hamas, killing hundreds of people.NBC News - 3d -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - 3d -
Celtics sold for record $6.1 billion, sources say
Bill Chisholm has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources told ESPN.ESPN - 12h -
Hundreds of civilians reported killed in massacres as violence in Syria spirals
International alarm is growing over fighting in western Syria, where hundreds of civilians have been reportedly killed amid intense clashes.ABC News - Mar. 8 -
Hundreds of civilians have been killed in Syria. Here's what we know.
Hundreds of civilians have been killed in Syria in the last 48 hours, marking the deadliest eruption of violence since the fall of the Assad regime in December.NBC News - Mar. 9 -
Hundreds of civilians killed in Syria as clashes erupt in former Assad strongholds
The violence that has killed hundreds across Syria reached Damascus and Aleppo on Monday, after Ahmed al-Sharaa vowed to bring those responsible to justice.NBC News - Mar. 10 -
Eye test: Hundreds of logos dotting Big 12 court
Having hundreds of XII logos emblazoned sideline to sideline on the basketball court being used for the Big 12 tournament has become a polarizing topic.ESPN - Mar. 11 -
Hundreds of federal offices to start to empty this summer due to DOGE cuts: AP
Federal agencies will begin to vacate hundreds of offices nationwide this summer under a frenetic and error-prone push by DOGE to scrap leases it says waste money.CBS News - Mar. 14 -
Hundreds converge on Hagerstown for 2025 St. Patrick's Day Run Fest
Hundreds of runners were decked out in green in downtown Hagerstown for the 2025 St. Patrick's Day Run Fest this morning. Check out the top finishers.Yahoo Sports - 6d -
Hundreds protest Tesla showrooms over Musk's DOGE work
Hundreds of protestors gathered outside of Tesla showrooms on Saturday to showcase their disdain for CEO Elon Musk and his work with the Department of Government Efficiency (DOGE) in an effort to ...The Hill - 5d -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - Mar. 12 -
CoreWeave aims to raise up to $2.7 billion in IPO
In its updated IPO prospectus on Thursday, CoreWeave said it plans to sell shares at $47 to $55 each, raising a total of up to $2.7 billion.CNBC - 22h -
Nasa’s new Spherex telescope lifts off to map cosmos in unprecedented detail
The $488m Spherex mission aims to explain how galaxies evolved over billions of years. Nasa ’s newest space telescope rocketed into orbit on Tuesday to map the entire sky like never before – a ...The Guardian - Mar. 12 -
Hundreds of car collectors come together to support bullied Alabama boy
When a mother who was desperate to show her son that people care and life can be joyful put out a small request on social media, hundreds of muscle car drivers heeded the call.CBS News - 6d -
Germany votes for historic boost to defence spending
The move alters the German constitution, allowing the country to increase its military spending.BBC News - 3d