Latest in Spending Make Government
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Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - 3h -
Reeves faces having to cut spending or raise taxes as UK growth disappoints
Chancellor’s headroom against her key budget rule has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 5h -
Aguilar says Democrats would oppose spending bill with Department of Education cuts
Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...NBC News - 10h -
Trump ousts director of Office of Government Ethics
President Trump removed the director of the Office of Government Ethics, the independent agency responsible for overseeing ethics rules for the executive branch.CBS News - 1d -
Appeals court denies Trump admin request to block judge's order to lift spending freeze
A federal appeals court on Tuesday declined to temporarily block a lower court's orders directing the Trump administration to unfreeze federal grants. The U.S. Court of Appeals for the 1st Circuit ...The Hill - 4h -
Schumer: Democrats will use spending bills to curb Musk
Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass by March 14 that would unwind Elon Musk’s efforts to dismantle government ...The Hill - 6h -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - 11h -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 13h -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - 15h -
Why Apple may get the ‘last laugh’ in AI as rivals double down on spending craze
Apple will have more free cash flow at its disposal and can “pawn off” AI spending on other big technology companies, one analyst said.MarketWatch - 1d -
Wildfire mitigation projects caught up in Trump’s spending freeze
Some forest management projects that aim to mitigate wildfire risk are among the projects that have been halted under President Trump’s executive order to freeze spending. In a letter to the Trump ...The Hill - 1d -
Trump fires Office of Government Ethics chief
President Trump has fired the director of the Office of Government Ethics, the agency announced Monday. The office posted on its website that it had been notified Trump was removing David Huitema, ...The Hill - 1d -
Alcohol Makes Me Anxious. Is That Normal?
We asked experts if drinking can lead to a spike in anxiety — and what you can do about it.The New York Times - 1d -
DeepSeek banned from NY state government devices
New York State is prohibiting the China-based artificial intelligence application DeepSeek from government devices. New York Gov. Kathy Hochul (D) announced on Monday state government employees are ...The Hill - 1d -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 1d -
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How Elon Musk is using tech to DOGE the government
Elon Musk is using his tech and leadership playbook in a crusade against the federal bureaucracy as he and his allies attempt to gain access to sensitive information and use emerging tech to speed ...The Hill - 2d -
Brady's B'ham, Wrexham drive record spending
Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...ESPN - 2d -
MP's anger at government over Grangemouth closure
Labour MP Brian Leishman says the UK government must do more to help workers get new jobs.BBC News - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
In many major U.S. cities, the cost of owning a home is twice what financial planners recommend spending.CNBC - 2d -
Trump’s claim that Mexican cartels and government are allied is not reality
Corruption in Mexico is a problem, experts say, but any claim the two are linked shows a lack of comprehension. Mexico breathed a sigh of relief this week when Donald Trump delayed his threatened ...The Guardian - 2d -
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Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 3d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 3d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 3d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - 3d -
Who is helping Elon Musk gut the US government?
The billionaire’s cost-cutting ‘Doge’ staff includes wealthy executives, far-right ideologues and young engineers. Elon Musk’s rapid attempt to defund and depopulate the federal government has ...The Guardian - 3d -
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - 3d -
Inside Elon Musk's government takeover
A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial ...CBS News - 4d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 4d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 4d -
The US Government Is Not a Startup
Elon Musk and DOGE are moving fast and breaking things that can’t afford to be broken.Wired - 4d -
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Government Agencies Cancel Politico Pro Subscriptions
The U.S.D.A. said Thursday that it had canceled its subscriptions to Politico Pro, a news and information service aimed at policy professionals.The New York Times - 5d
