Latest in Spending Powers Boosts
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UK ministers head to India in search of trade deal they hope will boost economy
Business secretary says negotiations – now in their 15th round – are a ‘top priority’ for Labour government. Ministers are relaunching negotiations with India this week in an attempt to clinch a ...The Guardian - 4d -
UK and India relaunch trade talks in bid to boost investment opportunities
British government has pinpointed world’s most populous country as key export market for its businessesFinancial Times - 4d -
North Koreans on Chinese Tuna Boats Boost Revenue for Kim Jong-un
Thousands of miles from home, North Koreans work on Chinese tuna longliners in the Indian Ocean for pay that goes to their leader, a new study says.The New York Times - 4d -
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - 4d -
Huawei improves AI chip production in boost for China’s tech goals
Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advancesFinancial Times - 3d -
Brighton 2-1 Bournemouth: Seagulls boost Champions League hopes
Brighton edged past Bournemouth in a thrilling encounter.Yahoo Sports - 2d -
Social Security boost for more than 3.2 million coming in April
Social Security Administration says it is immediately starting to pay retroactive benefits due to more than 3.2 million retirees.CBS News - 2d -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - 2d -
These small changes could boost your investment gains by millions of dollars
The very best way to invest in the stock marketMarketWatch - 2d -
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House Democrat: 'Absolute lie' that Trump, Musk are boosting government efficiency
Rep. Adam Smith (D-Wash.) said it was an “absolute lie” that President Trump and Elon Musk were increasing government efficiency through a series of federal employee layoffs and cuts to federal ...The Hill - 2d -
Dozens of DOGE 'receipts' saved no money and killed contracts meant to boost efficiency
Take a quick look at the Department of Government Efficiency’s list of canceled contracts and you’d think the Agriculture Department spent $25 million on diversity trainings four separate times, ...NBC News - 2d -
California May Boost Its Controversial $20 Fast-Food Minimum Wage
Less than a year after it came into effect, the state’s alternatively decried and hailed $20 fast-food pay law may get a 3.5 percent boost—reviving clashes during its rollout.Inc. - 1d -
UK National Wealth Fund boosts support for energy efficiency in social housing
Rebranded UK Infrastructure Bank will guarantee loans from insurer RothesayFinancial Times - 15h -
A buyout of Walgreens is supposed to boost the stock, but this analyst says sell
Deutsche Bank believes the hype over a Sycamore buyout and subsequent breakup has gone too far, and puts the deal at risk.MarketWatch - 5h -
NHL Power Rankings: Red Wings ride scorching hot power play into playoff position
The Red Wings have been rolling thanks to an elite power playCBS Sports - 2d -
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 - 6d -
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 - 3d -
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 -
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 -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 2d -
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 - 1d -
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 - 1d -
White House says EPA will cut 65 percent of spending, not staff
Shortly after President Trump said Environmental Protection Agency (EPA) Administrator Lee Zeldin plans to cut 65 percent of the agency’s staff, the White House clarified and said Trump was ...The Hill - 1d -
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 - 1d