Latest in Sweeping Spending Cuts
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Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 7h -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - 10h -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - 14h -
England on the brink as Australia seal ODI clean sweep
Ash Gardner's century and Alana King's 5-46 sees England slump to a 3-0 defeat in the ODI leg of the Women's Ashes.BBC News - 22h -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 1d -
Stoic Borthwick aims for Six Nations sweep
England coach Steve Borthwick says the RFU have set him no specific targets for the forthcoming Six Nations campaign, but he wants to win every game.BBC News - 1d -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - 2d -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 4d -
Why Trump and GOP attacks on IRA can't score a clean sweep in red states
Not a single Republican voted in favor of Biden's IRA, but a vow from Trump and a GOP Congress to repeal the act would mean significant job losses.CNBC - 5d -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - 6d -
Biden Issues Sweeping Deportation Protections Before Trump Takes Office
The move allows hundreds of thousands of people from Sudan, Ukraine, El Salvador and Venezuela to stay in the country temporarily.The New York Times - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Victory over Maryland caps a successful sweep on USC’s first big East Coast trip in the Big Ten
JuJu Watkins and Southern California figured to do a lot of traveling in the Trojans’ first season in the Big Ten.Yahoo Sports - Jan. 9 -
California residents flee home for second time as flames sweep in
KNBC reporter Michelle Valles speaks with an Altadena, Calif., couple as they flee their home as it is surrounded by flames. The couple was evacuated Tuesday, but returned after the home they'd ...NBC News - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges
More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.The Wall Street Journal - Jan. 7 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Freezing temperatures take hold after major winter storm sweeps across U.S.
Millions of Americans are digging out from the first major winter storm of the year as freezing temperatures grip much of the country. CBS News national correspondent Manuel Bojorquez has more.CBS News - Jan. 7 -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - Jan. 7 -
Deadly winter storm sweeps across the country
At least five people have been killed in crashes in Kansas and Missouri as a major winter storm created hazardous conditions on the roads. Indiana, Pennsylvania, Maryland and New Jersey are among ...CBS News - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
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 decisionsFinancial Times - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
2024 delivers sweeping and consequential elections worldwide
More than seventy countries went to the polls in 2024. While some were free and fair, others saw questions around intimidation and foreign interference. NBC News International Correspondent Matt ...NBC News - Jan. 2 -
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 - Jan. 2 -
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 - Jan. 2 -
Superdome gets security sweep after truck attack
The Caesars Superdome in New Orleans was on lockdown for security sweeps ahead of Wednesday's Sugar Bowl after a pickup truck plowed into a New Year's crowd about a mile away, killing at least 15 ...ESPN - Jan. 1 -
Half of Puerto Rico without power after sweeping New Year’s Eve blackout
Nearly entire island without electricity as Luma Energy estimates it will take at least 24 hours to restore power. More than half of Puerto Rico remained without electricity early on Wednesday ...The Guardian - Dec. 31
