Latest in Sweeping Spending Cuts
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UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - Jan. 9 -
New York Yankees Done With Big Spending in Busy Offseason
The New York Yankees are done signing high-priced free agents, a source with knowledge of their situation said. That leaves coveted players such as Pete Alonso and Alex Bregman among the 164 free ...Yahoo Sports - Jan. 9 -
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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 -
Bond market ‘police’ are back as investors patrol spending plans
Debt market flare-ups show growing pushback against governments’ loose fiscal policiesFinancial Times - Jan. 9 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
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 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Titans fire GM Ran Carthon after two seasons despite big spending spree
The Tennessee Titans fired general manager Ran Carthon after just two seasons on the job and a 9-25 recordABC News - 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 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
‘75 hard’: the viral fitness challenge is back – but is it really the best way to spend January?
Do you yearn to do two workouts a day, eat healthily, eschew alcohol and commit to reading self-improvement books? If not, there are softer options .... Name: 75 Hard.. Age: 75 Hard was ...The Guardian - 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 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Want to live longer? You don’t need to spend millions like ‘Don’t Die’ bro Bryan Johnson.
Follow these 5 free antiaging hacks to stay healthy in 2025MarketWatch - 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 -
NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending
North Dakota State’s football team isn’t among the highest spenders in FCS—far from it in fact. But the school’s dominant 15-year run continued on the field Monday night, as the Bison upset ...Yahoo Sports - 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 -
Vikings spend nearly $2 million on tickets at Detroit's Ford Field for Week 18 clash vs. Lions
The Vikings purchased the seats on the secondary market and offered them to season ticket-holders.Yahoo Sports - Jan. 4 -
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 - Jan. 4 -
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 -
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 - Jan. 3 -
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 - Jan. 3 -
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 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
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
