Latest in Spending Drastically January
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U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 11h -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - Feb. 21 -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 15h -
PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 11h -
NFL mulling one of these two rule changes to new kickoff; league could also make drastic change to onside kick
The league requires 24 of the 32 owners to approve any rule changesCBS Sports - 4d -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
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Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 1d -
Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 14h -
FAA clears SpaceX for another Starship test flight after explosion in January
SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced Friday.CNBC - 9h -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - Feb. 21 -
Interior halts employee spending and travel
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Interior halts employee spending and travel The Interior Department has paused spending and travel ...The Hill - 2d -
37-year-old had just $10,000 in cash savings after her divorce—now she makes nearly $1 million: 'I had to make a drastic change'
How Venus Wang built a seven-figure investment portfolio after divorce left her unemployed with just $10,000 in savings.CNBC - 4d -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
M23 militia’s advance in eastern DRC has killed 7,000 since January, UN told
DRC prime minister tells human rights council fighting has left about 450,000 without shelter after camps destroyed. About 7,000 people have died in fighting in the east of the Democratic Republic ...The Guardian - 4d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 6d -
English councils’ spending on emergency housing surges
Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charityFinancial Times - 4d -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 3d -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - 3d -
Judge indefinitely pauses Trump spending freeze
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge indefinitely pauses Trump spending freeze A federal judge on Tuesday indefinitely blocked the ...The Hill - 3d -
The US risks a heavy price for cutbacks in research spending
Science funding cuts may hit long-term growth and reduce US appeal to foreign investors and talentFinancial Times - 3d -
Starmer and Badenoch clash over defence spending
The prime minister announced the UK will reallocate aid funds to boost military spending to 2.5% of GDP by 2027.BBC News - 2d -
Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark ...The Hill - 2d -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - 2d -
What will Starmer’s defence spending buy from Trump?
Plus: Amol & Nick talk tactics over PM-President meets & remember past awkward encounters.BBC News - 2d -
Starmer pledges boost in UK defense spending
Ukrainian Prime Minister Keir Starmer pledged billions of dollars for defense spending before he met with President Trump at the White House. CBS News' Willie James Inman has more.CBS News - 1d -
Is spending all day on your feet at work an occupational hazard?
Spending all day standing can take a toll on a worker’s bodyABC News - Feb. 20 -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - Feb. 20 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - 6d -
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 - 4d -
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 - 4d -
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 - 3d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 3d -
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 - 3d -
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 - 3d
