Spending Stopgap Foreshadows

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

CNBC - 9h

Europe readies for scattergun defence-spend bonanza

Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spread

Financial Times - 17h

Johnson commits to working with Musk, Ramaswamy on spending cuts ahead of speakership vote

Politico - 1d

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - 1d

Bacon knocks Musk over spending bill claims: 'What he said was not true'

Rep. Don Bacon (R-Neb.) criticized Elon Musk on Thursday over false claims he levied against a proposed year-end funding package last month, successfully torpedoing the bill and forcing Congress to ...

The Hill - 1d

Helping boomers spend their retirement funds is harder than it sounds

Worries about running out of money makes people frugal and wary of taking any big pension decisions

Financial Times - 1d

Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'

Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...

The Hill - 2d

Here's what to know about Medicare's new spending cap

This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.

CBS News - 2d

Latest in Spending Stopgap Foreshadows