Latest in Spending Cuts Tax
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Bet365 boss takes big pay cut but still makes £158m
Denise Coates has been credited with the rapid rise of the online gambling firm.BBC News - 2d -
Want to live longer? You don’t need to spend millions like ‘Don’t Die’ bro Bryan Johnson.
Follow these 5 free antiaging hacks to stay healthy in 2025MarketWatch - 2d -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - 2d -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 2d -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - 2d -
Derek Carr says he won't take a pay cut for 2025
When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.Yahoo Sports - 2d -
NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending
North Dakota State’s football team isn’t among the highest spenders in FCS—far from it in fact. But the school’s dominant 15-year run continued on the field Monday night, as the Bison upset ...Yahoo Sports - 2d -
UK high-speed rail line told to cut charges
Regulator rules fees should come down by 3.8% compared with HS1’s proposalFinancial Times - 3d -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - 3d -
Chinese Vessel Cuts Taiwan Internet Cable in Apparent Sabotage
The incident caused only minimal disruption of service but sent a message about the vulnerability of the island and its internet.The Wall Street Journal - 3d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 3d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 3d -
‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts
Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...The Guardian - 3d -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - 3d -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - 3d -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - 4d -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - 4d -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - 4d -
ATF chief warns that agency cuts could result in dire consequences
Congressional Republicans proposed $188 million in cutbacks to the agency this year, alleging the ATF overreaches and places too many restrictions, including on pistol braces.CBS News - 4d -
Vikings spend nearly $2 million on tickets at Detroit's Ford Field for Week 18 clash vs. Lions
The Vikings purchased the seats on the secondary market and offered them to season ticket-holders.Yahoo Sports - 4d -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - 5d -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - 5d -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - 5d -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - 5d -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - 5d -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 6d -
Bacon knocks Musk over spending bill claims: 'What he said was not true'
Rep. Don Bacon (R-Neb.) criticized Elon Musk on Thursday over false claims he levied against a proposed year-end funding package last month, successfully torpedoing the bill and forcing Congress to ...The Hill - 6d -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - 6d -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - 6d -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 6d -
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UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 6d -
Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - 6d -
Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...The Hill - Jan. 2 -
Sanders gets Finance perch to push Social Security, Medicare expansion, tax reform
Sen. Bernie Sanders (I-Vt.), who supports expanding Social Security and Medicare and raising taxes on the wealthy, will get a seat on the Senate’s powerful Finance Committee, which has jurisdiction ...The Hill - Jan. 2 -
Here's what to know about Medicare's new spending cap
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.CBS News - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1
