Latest in Spending Shake
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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 - 1d -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 1d -
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
Government investigations into Mr. Musk’s companies are stalling amid President Trump’s firings and Biden administration resignations.The New York Times - 1d -
Trump’s move to slash research funding shakes medical community
Efforts by the Trump administration to drastically cut federal investments in medical research are threatening to kneecap major research institutions and stifle scientific progress to combat ...The Hill - 8h -
UK spending shake-up would allow councils to favour local small businesses
Plan to change public procurement rules to boost local growth and job creationFinancial Times - 14h -
House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - 19h -
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 - 1d -
House Republicans release budget plan, with trillions in tax and spending cuts
House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.CBS News - 1d -
Trump fires USAID inspector general as federal shake-up continues
The Trump administration continued its campaign to shake-up the federal government with the firing of the USAID inspector general, a day after USAID released a report detailing the negative impact ...NBC News - 1d -
Starmer summons UK defence chiefs in tussle over spending
Donald Trump is pushing European governments to commit much higher funding to armed forcesFinancial Times - 1d -
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 - 1d -
Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image
Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.CNBC - 1d -
Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.CNBC - 1d -
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 - 1d -
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 - 2d -
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 - 2d -
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 - 2d -
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 -
Oil prices shake off tariff worries to finish higher after 3 straight weekly declines
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.MarketWatch - 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 - 3d -
7.6 magnitude earthquake shakes the Caribbean southwest of Cayman Islands, USGS says
A magnitude-7.6 earthquake has shaken the Caribbean Sea south of the Cayman IslandsABC News - 3d -
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 - 4d -
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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 - 4d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
The swarm of earthquakes shaking Santorini prompts Greece to declare an emergency
Greece has declared a state of emergency on Santorini because of the hundreds of undersea earthquakes that have shaken the resort island for nearly a weekABC News - 6d -
Inside the Elon Musk-Jim Jordan ‘mind meld’ shaking up Capitol Hill
Musk has a White House office and growing pull across federal agencies. Now he's burrowed into the House Judiciary Committee.Politico - Feb. 5
