Latest in Spending Raising
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Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 4h -
Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.The New York Times - 7h -
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Hydratac raises $3M for ‘extremely realistic’ shooter game
Hydratac, with just seven people working on a next-generation "extremely realistic" shooter game, has raised $3 million.VentureBeat - 1d -
Phynd raises $10M for subscription-free smart TV cloud gaming platform
Phynd raised $10 million for its subscription-free smart TV cloud gaming platform. It comes from a man with an interesting pedigree.VentureBeat - 1d -
The Pentagon needs a budget cut, not a spending spree
Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and fail to address wasteful programs and inefficiencies.The Hill - 3h -
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Even as they praise the president’s unilateral actions to slash federal spending, G.O.P. lawmakers have quietly moved to seek carve outs or exemptions for their own constituents.The New York Times - 6h -
Russian defence spending exceeds all of Europe combined, study finds
IISS assessment lays bare challenges facing Europe should US cut back Ukraine military supportFinancial Times - 11h -
Questions raised over Lord Mandelson’s work with Chinese ‘influence operation’
New ambassador to US and his consultancy firm under spotlight over links to agency said to have aim of co-opting western businesspeople. Peter Mandelson’s face appeared at the top of the screen. ...The Guardian - 16h -
Chinese cranes at U.S. ports raise homeland security concerns
A yearlong congressional investigation found that automated cranes built by ZPMC for U.S. ports could potentially be monitored by the Chinese government.CBS News - 21h -
Chinese cranes at U.S. ports raise national security concerns
Ship-to-shore cranes are essential to operations at U.S. ports, so a congressional investigation into their connection to a Chinese-owned company is sparking serious security concerns. Carter Evans ...CBS News - 21h -
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 - 22h -
Reeves faces cutting spending or raising taxes as UK growth disappoints
Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Strong Storm Expected to Soak Southern California, Raising Fears of Mudslides
It could be the biggest storm the area has seen so far this winter.The New York Times - 1d -
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 - 1d -
Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank
Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...ABC News - 1d -
Waterlily Raises $7 Million to Help Aging Americans Plan for Care
Most Americans are unprepared to cover long-term care. This startup’s AI model could change that.Inc. - 1d -
Israeli Hostages’ Accounts of Abuse Raise Alarms for Remaining Captives
Freed hostages have told of starvation, and relatives of others held in Gaza say officials have relayed accounts of torture.The New York Times - 1d -
Former Treasury employee says DOGE access raises "real security questions"
Elon Musk's access to the Treasury's payment system is raising concerns about federal funding and personal data. Major Garrett speaks to a former Treasury employee about the role of the agency and ...CBS News - 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 - 2d -
Revelations of Israeli spyware abuse raise fears over possible use by Trump
After WhatsApp claimed 90 users were targeted last year, experts concerned over how US could use cyberweapons. Even as WhatsApp celebrated a major legal victory in December against NSO Group, the ...The Guardian - 2d -
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 - 2d -
New Zealand raises ‘concern’ as Cook Islands prepares to sign China deal
Deputy PM says New Zealand hasn’t been adequately consulted on an agreement the Cook Islands leader is expected to sign in Beijing this week. A diplomatic row has erupted between two tight-knit ...The Guardian - 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 - 3d -
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 - 3d -
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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 - 4d -
GOP gains in voter registration raise red flags for Democrats
Republican gains in voter registration are raising red flags for Democrats in key states, underscoring the inroads the GOP made across the country in 2024. Active registered Republicans now ...The Hill - 4d -
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 - 4d -
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 - 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 -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 5d -
Oscars flashback: Raising a glass to 'Sideways'
20 years ago, the adapted screenplay winner got the prize ahead of 'Before Sunset,' 'Million Dollar Baby,' 'Finding Neverland' and 'The Motorcycle Diaries.'Los Angeles Times - 6d
