Reeves Vows to Cut Waste in Spending Review
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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 -
Nvidia’s stock has been ‘brutalized.’ Here’s the big disconnect.
Investors appear worried about the health of AI spending. But big AI customers don’t seem hesitant, an analyst notes.MarketWatch - 2d -
American travelers are booking fewer domestic flights in another warning sign for the economy
Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.MarketWatch - 2d -
Brett Favre suggests Aaron Rodgers should sign with Vikings: 'They're loaded at pretty much every position'
Favre spent most of his career with the Packers before spending his final two seasons with the VikingsCBS Sports - 2d -
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.The New York Times - 2d -
Naples residents camp outdoors after overnight quake
Many people in and around the Italian city spend the night on the streets and in their cars, fearing aftershocks.BBC News - 1d -
Under G.O.P., Congress Cedes Power to Trump, Eroding Its Influence
On spending, oversight and other issues, Republican lawmakers have willingly ceded power traditionally reserved for Congress to the Trump White House.The New York Times - 7h -
Merz Challenges Germans to Make a Bold Strategic Shift. Will They Do It?
The likely next chancellor has staked his government on a move to increase military spending. But the window for change is closing fast.The New York Times - 43m -
Merz Challenges Germans to Make a Bold Strategic Shift. Will They Do It?
The likely next chancellor has staked his government on a move to increase military spending. But the window for change is closing fast.The New York Times - 43m -
Police get more time with North Sea crash captain
The Russian national will spend an extra 24 hours in police custody after being arrested on Monday.BBC News - 42m -
2025 NFL free agency: Lions' Amon-Ra St. Brown laments Bears' 'unlimited money' amid spending spree: 'What the f*** is this?'
"This s***'s crazy."Yahoo Sports - 2d -
Trump says McMahon made decisions on mass layoffs at Education Department
President Trump on Wednesday said Education Secretary Linda McMahon was behind the mass layoffs at the agency, not mentioning tech billionaire Elon Musk while defending the overhaul. “When we cut— ...The Hill - 1d -
Trump admin aims to get undocumented immigrants to self-deport with new messaging campaign
The Trump administration is spending $200 million on a new messaging campaign with ads and a "self-deportation" mobile app to convince immigrants to leave the U.S.NBC News - 1d -
Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors
While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.MarketWatch - 1d -
This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing
Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.MarketWatch - 14h -
China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows
Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.CNBC - 10h -
Afghan women who fled Taliban to study abroad face imminent return after USAID cuts
US aid funding enabled the women to study in Oman - but their scholarships have been abruptly terminated.BBC News - 6d -
Russian strike on Ukrainian town kills 11 as US cuts intelligence sharing with Kyiv
A Russian strike on a town in Ukraine’s embattled Donetsk region has killed at least 11 people as a wave of heavy aerial attacks continued into the second night following a U.S. decision to stop ...ABC News - 6d -
Funding bill skips measure to avert physician pay cuts, a blow to GOP Doctors Caucus
A key Republican said inclusion of the language would be a “line in the sand” necessary for his support.Politico - 5d -
No disease is deadlier in Africa than malaria. Trump's US aid cuts weaken the fight against it
Malaria season begins this month in a large part of AfricaABC News - 5d -
'You lose all hope': Federal workers gripped by mental health distress amid Trump cuts
In interviews with NBC News, many federal workers shared stories of overwhelming stress, personal crises, rapid weight loss, panic attacks and more.NBC News - 5d -
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The United States has declined to renew a waiver that had allowed Iraq to buy electricity from Iran without running afoul of sanctions, the U.S. Embassy in Baghdad said SundayABC News - 5d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 4d -
India’s official Oscar entry, which failed to make the cut, wins big at major Bollywood awards show
The film that was submitted as India’s official Oscar entry but failed to make the final list of nominees has swept the International Indian Film Academy AwardsABC News - 4d -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 4d -
As Federal Cuts Brush Against Private Sector, Should Your Company Make a DOGE Contingency Plan?
A really good long-term business plan may include processes to follow in disaster scenarios. It’s something to think about, as Elon Musk’s DOGE teams upends the federal government and side effects ...Inc. - 3d -
‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.MarketWatch - 2d -
Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
American Airlines now sees a much bigger Q1 loss, and Southwest said less government travel hurt revenue.MarketWatch - 2d -
Staff shortages halt some federal weather balloon launches amid Trump cuts
The Trump administration is pausing at least a handful of balloon launches that collect weather data in at least three locations due to staffing shortages. On Friday, the administration said it ...The Hill - 2d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 2d -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - 2d -
Bracketology Bubble Watch: Oklahoma can bolster résumé, but other teams on cut line facing can't-lose games
North Carolina, Arkansas and West Virginia are among the teams who can't afford a bad loss WednesdayCBS Sports - 1d -
Department of Education offices closed for "security reasons" after major job cuts announced
Offices at the Department of Education are closed Wednesday for "security reasons" after the announcement that nearly half the department's staff would lose their jobs. CBS News congressional ...CBS News - 2d -
Fed rate cuts could ward off a serious recession, Jim Cramer says
CNBC's Jim Cramer analyzed Wednesday's market action.CNBC - 1d -
Judge orders Elon Musk and Doge to produce records about cost-cutting operations
The documents would ultimately inform whether Musk has been operating unconstitutionally to the extent Doge’s activities should be halted. Elon Musk and his so-called “department of government ...The Guardian - 1d -
'We will just die in silence': US aid cuts hit Ethiopia's fragile Tigray region
Aid agencies distributing U.S. food aid in Ethiopia's war-affected Tigray region say they have had to stop feeding millions of people because of the Trump administration's restrictions on foreign aidABC News - 1d -
Vaccinating poultry could help cut soaring egg prices but US remains hesitant
Vaccines could be a key means of suppressing bird flu and avoiding the slaughter of millions of chickens, which is blamed for egg prices averaging nearly $5 a dozenABC News - 1d -
US weather forecasts save lives and money. Trump’s cuts put us all at risk
Noaa, my former employer, is an integral part of our daily lives, tracking hurricanes, supporting safe flights and helping farmers. Across the United States , from rural communities to coastal ...The Guardian - 1d -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 20h -
These proposed tax cuts and benefits could help caregivers in crisis — if they can get through Congress
The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week.MarketWatch - 18h