Schumer Says Gop Doesnt Have Votes to Pass Funding Bill
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Super Micro’s stock has its doubters, but it just got a vote of confidence
Super Micro is a “show-me story,” says a Rosenblatt analyst, but he sees room for gross margins to expand as the company sells more to enterprise customers.MarketWatch - 3d -
‘Nothing is off the table’ on EU defence funding, says Ursula von der Leyen
Commission president says ‘something fundamental’ has shifted and democracy and rule of law are under threat. “Nothing is off the table” when it comes to raising money for defence, the head of the ...The Guardian - 4d -
DOGE Cuts Upend Trump-Voting West Virginia Town
‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.Inc. - 6d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 2d -
From troublemakers to team players: House Freedom Caucus softens as Trump transforms GOP
The band of far-right rebels supported a budget plan with a massive debt limit hike and a status-quo bill to keep the government open, two things they've long been fiercely against.NBC News - 1d -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - 1h -
The red counties that want to split from blue Illinois
Almost a third of the state’s counties have voted to investigate leavingFinancial Times - 3d -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 2d -
Woman accused in death of Telemundo reporter should not have been free when he died, AG says
Other men have accused the Louisiana woman linked to the death of a Super Bowl reporter of drugging and robbing them — and she shouldn’t have been on probation when the reporter was found dead last ...NBC News - 2d -
BlackRock's Fink says Trump deportations will have severe impact on agriculture, construction
"I think that over the next six to nine months, we're going to see a little more elevated inflation," Fink said the CERAWeek by S&P Global energy conference.CNBC - 3d -
Separatists say they have taken hostages in attack on train in Pakistan
Separatist militants said they had taken hostages during an attack on a train carrying hundreds of people in southwestern Pakistan on Tuesday.NBC News - 2d -
Russia says its forces have retaken key Kursk town of Sudzha
Push comes as Russian and US officials gear up for meeting to discuss end to Ukraine warFinancial Times - 1d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 19h -
‘Yes, Chef,’ You Say? Restaurant Workers Have Feelings About That.
The phrase, which traces to 19th-century France, has become popular in casual conversation thanks to “The Bear,” and offers a lens into shifting hierarchies in kitchens.The New York Times - 3h -
Rising mental ill health behind higher welfare bill, report says
The government is identifying cuts to the welfare budget ahead of the Spring Statement, with the PM working to rally MPs to support the move.BBC News - 1d -
Trump Administration Claws Back $20 Billion in Climate Project Funds
After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.Inc. - 1d -
NHS England abolition shows ‘we have to take difficult decisions’, says Starmer – UK politics live
PM says he is ‘bringing management of the NHS back into democratic control by abolishing the arms length body NHS England’. Starmer is now talking about regulatation, and giving examples of where ...The Guardian - 23h -
Scott Perry says no one 'legitimately' on Medicaid will lose coverage
Rep. Scott Perry (R-Pa.) suggested on Sunday that no one "legitimately" on Medicaid will lose their coverage due to GOP efforts to cut spending. In an interview on NewsNation’s “The Hill Sunday,” ...The Hill - 4d -
Shaheen needles Scott Brown over potential GOP Senate bid
New Hampshire Sen. Jeanne Shaheen (D) needled her former rival Scott Brown over his status as a former Massachusetts senator on Wednesday as he weighs a bid to replace her in the Senate. “You ...The Hill - 1d -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - 2d -
Trump cancels $400 million in federal funds to Columbia University
The Trump administration announced Friday that it is canceling $400 million in federal grants to Columbia University, saying the school is not doing enough to protect its Jewish students against ...NBC News - 5d -
Annual jab for HIV protection passes trial hurdle
Lenacapavir, which stops HIV from replicating inside cells, has passed early safety tests.BBC News - 2d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 3d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 2d -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - 1d -
Overseas managers have ‘no real advantage’ in Asia active ETFs
Senior executive at State Street says expertise in other markets will carry little weightFinancial Times - 1d -
GOP's Bacon: Trump repeating Taliban mistake in Ukraine talks
Rep. Don Bacon (R-Neb.) said President Trump is repeating mistakes he made in Afghanistan by not including Ukrainian President Volodymyr Zelensky in talks to end his country’s war with Russia. ...The Hill - 3d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 3d -
Gun-violence prevention programs may be caught in federal funding crossfire
Hospital-based violence intervention programs have operated in the U.S. since the mid-1990s, but recent moves by the Trump White House are raising anxiety about the programs' future.CBS News - 4d -
Laviska Shenault to sign with Bills
The Bills are set to add another player to their receiving corps.Yahoo Sports - 13h -
GOP Rep. Mark Harris says Trump has done 'tremendous job' making case against Education Department
Rep. Mark Harris (R-N.C.) said on Tuesday that President Trump successfully made the case against the Department of Education during his 2024 campaign, leading more Republicans to support the ...The Hill - 2d -
The right-to-repair movement is growing as wins stack up
But six states have passed right-to-repair laws, protecting consumers’ abilities to repair or modify their products.NBC News - 5d -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - 2d -
Syria says operation against Assad loyalists over after deadly violence
A monitoring group says 973 civilians have been killed in revenge attacks against the Alawite sect since Thursday.BBC News - 3d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 4d -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 2d -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - 1d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 5d -
New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.CNBC - 18h -
A Skeptical G.O.P. Senator Makes His Peace With Kennedy
After voting to confirm Robert F. Kennedy Jr. as health secretary, Senator Bill Cassidy, a doctor and Republican of Louisiana, is embracing the “gestalt” of Kennedy’s measles response.The New York Times - Mar. 6