Latest in Spending Economic
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Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - 2d -
Trump signs spending bill that united Republicans but divided Democrats
President Trump signed Congress' bill to keep the government open on Saturday. The vote for the six-month spending bill united Republicans but left Democrats bitterly divided. Willie James Inman ...CBS News - 1d -
Takeaways From The Times Interview With Chuck Schumer About the Federal Spending Bill
The day after angering many Democrats’ by backing a Republican spending bill, Schumer argued that he can still lead his party in the Senate, even amid furious backlash.The New York Times - 1d -
‘Absolutely Ridiculous’: Democrats Seethe at Schumer for Backing G.O.P. Spending Bill
Senator Chuck Schumer, the minority leader, continued to face criticism from members of his own party after he reversed course and allowed the stopgap spending bill to come to a vote.The New York Times - 15h -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - Mar. 9 -
European leaders push defense spend amid uncertainty over Trump aid to Ukraine
European leaders have upped the ante on defense spending plans as they look to support Kyiv and fill a potential void of U.S. aid.CNBC - Mar. 7 -
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.CNBC - 3d -
The new economic stars born through crisis
Financial stress is forcing reform and recovery in many overlooked countriesFinancial Times - Mar. 10 -
Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - 6d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 5d -
The team behind Trump’s economic shock therapy
The US president’s officials are standing by their strategy to remake the world’s largest economyFinancial Times - 5d -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - 4d -
Trump's economic troubles put Republicans on the defensive
President Donald Trump's full-speed-ahead approach to making radical change has forced his allies to fight from a defensive posture.NBC News - 4d -
The Russell 2000 Index Is Flashing Economic Warning Signs
The Russell 2000, which includes small companies that are more sensitive to downdrafts in the economy than those in the S&P 500, appears likely to enter a bear market.The New York Times - 2d -
Ocasio-Cortez warns Senate Democrats over advancing stopgap spending measure
Rep. Alexandria Ocasio-Cortez (D-N.Y.) urged her Democratic colleagues in the Senate to vote against the House-passed stopgap spending measure, warning them to be weary of "procedural games." “It ...The Hill - 4d -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - 4d -
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How Americans are spending their retirements at sea
The U.S. is seeing a surge of retirements as more than 4 million people will turn 65 this year. Some are choosing a life at sea for their golden years. CBS News' Nancy Chen has more.CBS News - 6d -
House spending bill facing Senate opposition with government shutdown deadline 2 days away
House Republicans' six-month spending bill will need Democratic support in the Senate to pass into law before Friday's government shutdown deadline. CBS News congressional reporter Taurean Small ...CBS News - 4d -
Democratic leaders amp up pressure on Senate colleagues to oppose GOP spending bill: ‘Stand with us’
The leading Democrats in the House are ramping up the pressure on Senate Democrats to oppose the GOP’s spending bill, warning that the proposal would slash crucial public services to vulnerable ...The Hill - 4d -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - 3d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 2d -
Ireland urged to ‘wake up’ as Trump exposes economic reliance on the US
Economy faces ‘frog in a pot’ problem unless infrastructure and innovation improve urgentlyFinancial Times - Mar. 10 -
Wall Street stocks drop as investors fret over US economic slowdown
Tech shares hit as Tesla gives up all its post-election gainsFinancial Times - 6d -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - 6d -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - 6d -
Watch live: Trump addresses business leaders amid economic uncertainty
President Trump will give remarks to a room of business leaders Tuesday evening, as concerns around a possible trade war and the impact of tariffs on the U.S. economy mount. Trump's 25 percent ...The Hill - 5d -
US airlines’ warnings of lower demand cast shadow over economic outlook
American, Delta and Southwest trim financial guidance on corporate and consumer softnessFinancial Times - 5d -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - 5d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 4d -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - 4d -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - 4d -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - 3d -
Can Trump's tariff threats have an economic impact before they're imposed?
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...CBS News - 3d -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - 2d -
A Recession Is Looking More and More Likely. Here Are 5 Ways to Prepare
This is an ideal time to prepare your business for an economic downturn.Inc. - 2d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.CBS News - 6d -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - 5d -
