Latest in Term Spending
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Johnson needs Dems to pass a stopgap spending bill. Here's what they want.
Given his thin margins in the House and conservatives who tend to always oppose short-term funding fixes, he will almost certainly need to get House Democrats on board.Politico - Dec. 9 -
Trump outlines more plans for second term in White House
President-elect Donald Trump discussed tariffs, birthright citizenship and potential pardons for Jan 6, 2021, rioters during an interview regarding his first days in the White House for his second ...CBS News - Dec. 9 -
Manchin, Welch unveil bill placing term limits on Supreme Court
West Virginia Sen. Joe Manchin (I) and Vermont Sen. Peter Welch (D) have introduced a resolution to impose 18-year term limits on Supreme Court justices, which would require some turnover on the ...The Hill - Dec. 9 -
Newsom appoints Schiff to Senate to complete Butler term
California Gov. Gavin Newsom (D) appointed Adam Schiff (D-Calif.) to the Senate to complete the rest of appointee Sen. Laphonza Butler’s (D) term. The appointment means Schiff, who has served in ...The Hill - Dec. 9 -
Crypto industry prepares for Trump's second term
The crypto companies that invested in the 2024 elections are hoping to win big returns on their investment as President-elect Donald Trump prepares for his second term in office. Axio's crypto ...CBS News - Dec. 9 -
Ro Khanna supports cutting defense spending in Trump's DOGE
Rep. Ro Khanna (D-Calif.) said that there could be “huge bipartisan cooperation” for President-elect Trump’s Department of Government Efficiency (DOGE) committee in the new year — at least when it ...The Hill - Dec. 9 -
Newsom lines up resistance to Trump's second term
California Gov. Gavin Newsom (D) is positioning himself as a leader of the Democratic resistance to Trump’s incoming second term, as chatter builds about his potential 2028 ambitions. Newsom moved ...The Hill - Dec. 9 -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - Dec. 8 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - Dec. 8 -
Report: 49ers still plan to give Purdy long-term deal this offseason
The San Francisco 49ers reportedly still intend on giving quarterback Brock Purdy a long-term contract extension this upcoming offseason.Yahoo Sports - Dec. 8 -
Trump says ‘we're not touching’ Social Security in proposed cuts to government spending
During an exclusive interview with Meet the Press, President-elect Donald Trump says he’ll make the federal government “more efficient,” but he does not plan to touch federal entitlements like ...NBC News - Dec. 8 -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - Dec. 6 -
A Second Trump Term Is Set to Scramble Trade Alliances
Europe’s new pact with South America, its largest deal to date, could be a sign of how countries will diversify trade relationships as Donald Trump threatens tariffs.The New York Times - Dec. 6 -
Texas House Speaker, Targeted by the Right, Drops Bid for Another Term
In the long-running war inside the Texas G.O.P., Dade Phelan survived a primary against a Trump-backed novice. But his increasingly conservative caucus turned against him.The New York Times - Dec. 6 -
Texas House Speaker abandons bid for another term
Texas House Speaker Dade Phelan (R) abandoned his bid to serve another term as the leader of the lower chamber. “Out of deep respect for this institution and its members, and after careful ...The Hill - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.The New York Times - Dec. 6 -
Blackburn unveils 'DOGE Acts' to cut spending, freeze federal hiring and salaries
Sen. Marsha Blackburn (R-Tenn.) has unveiled her “DOGE Acts” to cut spending and freeze federal hiring, as well as salaries. “Senator Blackburn is planning to introduce a package of bills – known ...The Hill - Dec. 5 -
Vivek Ramaswamy and Elon Musk meet with Republicans to talk DOGE spending cuts
Elon Musk and Vivek Ramaswamy began swapping ideas in person with congressional Republicans about ways they could slash federal spending and regulations.NBC News - Dec. 5 -
Musk and Ramaswamy pitch spending advisory board to lawmakers on Capitol Hill
NBC News Capitol Hill Correspondent Ryan Nobles, Senior Capitol Hill Correspondent Garrett Haake and CNBC Senior Washington Correspondent Eamon Javers join Meet the Press NOW to report on Elon Musk ...NBC News - Dec. 5 -
Tractor Supply Updates Long-Term Financial Targets, Announces Stock Split
The rural-lifestyle retailer said it is aiming to increase net sales by between 6% and 8%, same-store sales by between 3% and 5% and per-share earnings by between 8% and 11%.The Wall Street Journal - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
International students confused, anxious about their futures under second Trump term
International students are holding their breath as President-elect Trump gears up to return to the White House. Multiple schools have put out guidance on when foreign-born students should and ...The Hill - Dec. 5 -
Jeff Bezos, a Past Trump Foe, Is Optimistic About a Second Term
The Amazon founder said he saw signs of a “calmer” Donald J. Trump on the eve of his return to the White House.The New York Times - Dec. 5 -
Why a long-term CD is better than these 3 alternatives now
A long-term CD could be more beneficial than some popular alternatives in today's unique rate climate. Here's why.CBS News - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
Why gold will likely beat stocks over the near term
Stocks and gold have produced nearly identical returns so far this year.MarketWatch - Dec. 4 -
Ukraine ceasefire terms come into focus as Trump returns
Potential paths to a ceasefire in Ukraine are coming into focus as President-elect Trump approaches Inauguration Day, with Ukrainian President Volodymyr Zelensky signaling his concessions to end ...The Hill - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Trump's children won't have White House roles in his second term
As President-elect Donald Trump assembles a senior staff and Cabinet for his second administration, there are notable absences: his children.NBC News - Dec. 4 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
Black Republicans feel left out of Trump’s 2nd-term picks
As President-elect Donald Trump fills out his Cabinet and closest advisers, African American Republicans ask why more Black people haven’t been selected.ABC News - Dec. 3 -
Will a short-term or long-term CD be better for 2025?
Both offer unique benefits, but only one is arguably better heading into 2025. Here's what savers should know now.CBS News - Dec. 3 -
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BlackRock launches active short-term money market ETF
Manager claims to be first to offer strategy in a Ucits-regulated ETF in EuropeFinancial Times - Dec. 3 -
California legislators return for special session to prepare for new Trump term
California state legislators returned to the state capitol Monday to kick off a special session. Gov. Gavin Newsom called the session in November to prepare for the incoming Trump administration. ...CBS News - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Should you open a long-term CD this December?
Long-term CD accounts have been beneficial for savers in recent years. But are they still worth opening this month?CBS News - Dec. 2 -
Life term for boy who shot mum dead through door
A teenager gets a life term for murdering Lianne Gordon, who he shot in the head through her front door.BBC News - Dec. 2
