Latest in Trump’s Spending
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Holiday spending rose 3.8%, with apparel and restaurants strong, Mastercard says
Holiday spending rose 3.8% from a year ago, topping last year’s growth, as consumers were “willing and able” to spend, if there was a good deal, Mastercard SpendingPulse said.MarketWatch - 2h -
‘I’m betting on another 22 spins around the sun’: I’m 65 and have $3.9 million. How much should I realistically spend on a house?
“I have zero debt, no upcoming tax liabilities and no inheritance on the horizon.”MarketWatch - 6h -
Scrambling to spend your FSA money? Don't make these 3 mistakes, experts warn
If you have money in your FSA and don't know what to do with it, here are three mistakes to avoid as your spending deadline draws near.CNBC - 7h -
Here's why business leaders are spending big on Trump’s inaugural committee
Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as they seek to get on his good side and make inroads before he takes ...NBC News - 2d -
How NASA Might Change Under Donald Trump
The Trump transition team is looking for “big changes” at NASA—including some cuts.Wired - 2d -
Here's why business leaders are spending big on Trump's inaugural committee
Donations to President-elect Donald Trump's inaugural committee offer a "unique opportunity" to curry favor with the White House, experts told CNBC.CNBC - 2d -
Warning signs for conservatives who want to draft Trump in their spending war
Hardliners openly admit they felt they lost every funding fight this year. They’re hoping the incoming president turns that around.Politico - 2d -
‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.
“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”MarketWatch - 7h -
See how these 24-year-olds spend their 6-figure incomes in New York, California and Bali
Everyone spends money differently, even if they earn similar amounts. Here's how three 24-year-olds spend their six-figure salaries in various locations.CNBC - 12h -
Trump is right on tariffs, here's why
The Theory of Second Best suggests that introducing new distortions in an imperfect economy can offset existing distortions. Tariffs on Chinese tractors could be beneficial in preserving American ...The Hill - 12h -
Trump brings Silicon Valley to Washington
Silicon Valley is coming to Washington in force, as tech leaders take on prominent roles — both official and unofficial — in President-elect Trump’s second term. Tesla and SpaceX CEO Elon Musk is ...The Hill - 1d -
The Christmas that went wrong: We went into last-minute lockdown – and I had to spend the big day with my ex
Covid was everywhere, the fridge was empty and my former partner was coming to spend the day with me and my new girlfriend. Christmas was doomed … wasn’t it?. The year was 2020 and Christmas itself ...The Guardian - 1d -
The Evening: Signs of Trouble for Trump’s Spending Cuts
Plus, celebrating “Chrismukkah.”The New York Times - 2d -
Toyota to donate $1 million to Trump inauguration
President-elect Trump’s inauguration is getting $1 million from Toyota Motor North America. A spokesperson for Toyota confirmed the inauguration donation to The Hill on Tuesday. Toyota joins Ford ...The Hill - 2d -
Denmark to boost Greenland defense amid Trump comments
Denmark announced a major new package to boost the security of Greenland in a move the Danish defense minister called "ironic" because it came just two days after President-elect Trump called for ...The Hill - 2d -
Trump won last week's spending battle on points
Donald Trump's intervention in the funding fight led to the passage of a vastly scaled-back continuing resolution, demonstrating his power and ability to disrupt the status quo, while the ...The Hill - 2d -
Trump is waging a legal war against press freedom
Lawsuits can be time-consuming and expensive for defendants, even if there is no merit to them. Trump understands this.The Hill - 2d -
Can Trump hold his disparate coalition together?
A Catch-22 of politics is the fact that once you start governing and making decisions, you’re almost guaranteed to alienate some of the people who put you in office in the first place.The Hill - 2d -
Trump is poised to achieve a historic tech legacy
The incoming administration has the influence, momentum and wherewithal to lead a historic tech transformation that will benefit generations of Americans.The Hill - 2d -
Will Trump’s tariff threats protect the dollar’s dominance?
Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures. In 2023, the leaders of Brazil and the other Brics countries at the time – China, India, ...The Guardian - 2d -
Morning Report — Trump seizes stage from Biden
IN TODAY'S ISSUE Trump seizes stage from Biden President-elect Trump’s inauguration isn’t for another four weeks, but he is already seizing the reins of power as President Biden keeps a low ...The Hill - 2d -
House conservatives raised concerns about Johnson to Trump before spending fiasco
A handful of conservative House Republicans were voicing concerns about Speaker Mike Johnson (R-La.) to President-elect Trump even before last week’s government funding fiasco, multiple sources on ...The Hill - 2d -
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on ...MarketWatch - 2d -
Trump Will Confront a More Vulnerable but Determined Iran
“Coercive diplomacy” could leave Tehran to choose either a negotiated disassembly of its nuclear capability, or a forced one.The New York Times - 2d -
Could Trump heal Canada’s ailing economy?
Economists say a jolt from the south could shock the country out of its torporFinancial Times - 2d -
Mulvaney on Trump, Panama Canal: It’s a negotiation
Former White House chief of staff Mick Mulvaney said on Monday that President-elect Trump's recent provocations about the U.S. possibly retaking control of the Panama Canal are part of a ...The Hill - 3d -
Money for 9/11 Health Care Was Dropped from Year-End Spending Bill
A plan to ensure long-term funding to address health needs stemming from the terrorist attacks fell to the wayside after President-elect Donald Trump and Elon Musk objected to a bipartisan budget ...The New York Times - 3d -
Ford to donate $1M, fleet of vehicles to Trump inauguration
Ford Motor Company said it will donate $1 million and a small fleet of vehicles for use in President-elect Trump’s inauguration, multiple outlets reported Monday. Ford joins a recent wave of major ...The Hill - 3d -
Trump denies Elon Musk is "taking the presidency"
On Sunday, President-elect Donald Trump appeared in Arizona to speak at Turning Point USA's AmericaFest at the Phoenix Convention Center. Trump responded to a new attack from Democrats, saying that ...CBS News - 3d -
Trump allies to Gaetz: Don't back down
The former member of Congress has hinted at a possible run for elected office down the line. His allies urged him to fight.Politico - 3d -
Gimenez calls Trump Panama threats 'legitimate'
Rep. Carlos Gimenez (R-Fla.) on Monday called President-elect Trump’s recent threats about the Panama Canal “legitimate.” “I always take the president seriously, and it’s … [a] legitimate threat to ...The Hill - 3d -
Greenland to Trump: We're not for sale
Greenland’s prime minister said Monday the autonomous island is not for sale after President-elect Trump said owning Greenland “is an absolute necessity” for the U.S. “Greenland is ours. We are not ...The Hill - 3d -
Trump threatens to take the Panama Canal
President-elect Donald Trump made comments threatening to take back the Panama Canal based on what he said were high costs that ships are encountering. CBS News' Cristian Benavides reports.CBS News - 3d -
Trump announces slate of top Pentagon appointments
President-elect Trump on Sunday night revealed several new nominees for senior Pentagon roles, including his pick for the Defense Department’s No. 2 civilian. In a Truth Social post, Trump said he ...The Hill - 3d -
Greenland again tells Trump it is not for sale
It comes after the US president-elect repeated comments he made in 2019 that he would like to purchase the territory.BBC News - 3d -
Why some people are spending the holidays sans family: ‘My friends are more fun than my relatives’
Not everyone can – or wants to – celebrate with family. Some choose traditions with friends and neighbors instead. The holidays are often thought of as a time for family – a time to pack bags and ...The Guardian - 3d -
Trump announces slate of tech appointments, 'crypto council'
President-elect Trump announced a slate of tech appointments in posts on his Truth Social platform on Sunday. “I am pleased to announce the brilliant Team that will be working in conjunction with ...The Hill - 3d