Where Can the Government Cut Billions from the Welfare Budget
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India’s GDP rebound offers comfort to Modi government
Data shows growth rate reached 6.2% but still well below levels needed to hit PM’s long-term goalsFinancial Times - 6d -
HMRC to ditch Barclays as government’s bank in favour of Lloyds
UK tax authority to retain NatWest and Citigroup but drop Barclays from £334mn contractFinancial Times - 4d -
Programme for government a 'significant milestone', says O'Neill
The Programme for Government includes a target of treating an extra 70,000 patients to reduce hospital waiting lists.BBC News - 2d -
Global government borrowing set to hit record $12.3tn
S&P predicts higher bond issuance will push stock of long-term debt to $76.9tnFinancial Times - 2d -
Morning Report — Trump to sell disruptive governance in speech
In today’s issue: President Trump will tell Americans in a prime-time speech tonight that his dizzying moves early in his second term should give them confidence about constructing what he calls ...The Hill - 2d -
Thales challenges European governments on defence pledges
‘If the orders come, we will be ready,’ says French group’s chiefFinancial Times - 2d -
Why markets are missing risks of a Trump government shutdown
The “DOGE” blitz on the federal bureaucracy could complicate negotiations.MarketWatch - 2d -
Backdrop for Trump's speech to Congress is a potential government shutdown
A government shutdown looms as Trump addresses a joint session of Congress, where he’s sure to face a divided audience following his effort to slash the government.ABC News - 1d -
US government considers selling FBI and DoJ headquarters
Proposed sale of more than 80mn sq ft of ‘non-core assets’ comes amid aggressive cost-cutting agendaFinancial Times - 1d -
Netanyahu government seeks to remove Israel’s attorney-general
Move to target Gali Baharav-Miara set to deepen long-running crisis over democratic norms and rule of lawFinancial Times - 5h -
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry ...VentureBeat - 2d -
We Can Achieve Great Things
Progressives, who believe in using government to do good things, have built a system that renders government incompetent.The New York Times - 6d -
Can Starmer and Macron win the peace?
And, Trump criticises Zelensky again online.BBC News - 2d -
Trump's AI safety cuts
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story AI safety institute faces cuts under Trump Potential cuts to the U.S. AI Safety Institute (AISI) are ...The Hill - Feb. 24 -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - Feb. 22 -
Indonesia launches new multi-billion-dollar sovereign wealth fund
Yahoo News - Feb. 24 -
Von der Leyen: EU to disburse €3.5 billion in aid for Ukraine sooner
Yahoo News - Feb. 24 -
Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - Feb. 24 -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - Feb. 24 -
UAE set to invest billions in Italy as countries seek closer ties
Yahoo News - Feb. 24 -
Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - Feb. 24 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - Feb. 24 -
MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - Feb. 25 -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - Feb. 25 -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - Feb. 25 -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - Feb. 25 -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - Feb. 25 -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - Feb. 26 -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - Feb. 26 -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - Feb. 26 -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - Feb. 26 -
North Korea was responsible for $1.5 billion ByBit hack, FBI says
The FBI said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.NBC News - Feb. 27 -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - Feb. 27 -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - Feb. 27 -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 6d -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 6d -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 5d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 5d