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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 - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - 1d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 1d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 1d -
Starmer prepares to meet Trump after raising defence spending
The PM will head to Washington a day after announcing military budgets would rise to 2.5% of national income by 2027.BBC News - 1d -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - 1d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 19h -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 13h -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 6h -
Norwegian Cruise’s bookings are still booming, and passengers are spending more
Norwegian Cruise swings to a quarterly profit that beat expectations by a wide margin, and the stock gets a lift.MarketWatch - 3h -
1 in 5 Americans are 'doom spending' — here's how that can backfire
"Doom spending," or spending money despite economic and geopolitical worries, is an increasingly common way to cope with stress.CNBC - 1h -
Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor
By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...The Guardian - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 6d -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - 3d -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 3d -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - 1d -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - 1d -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - 1d -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 1d -
2025 NFL free agency: Biggest needs for every AFC team this offseason; how will Patriots, Raiders spend money?
Breaking down the biggest needs in the AFCCBS Sports - 1d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 1d -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 23h -
U.S. will spend up to $1 billion to combat bird flu, USDA secretary says
The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said.NBC News - 1d -
White House ‘very pleased’ with UK’s increase in defence spending ahead of Starmer-Trump meeting – live
The two leaders will hold talks later, followed by a joint press conference. European Commission president Ursula von der Leyen will travel to London this Sunday to take part in an informal meeting ...The Guardian - 34m