Where Can the Government Cut Billions from the Welfare Budget
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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 -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 5d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 4d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 3d -
Trump announces Taiwanese chip giant's $100 billion investment in U.S.
President Trump announced that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S.CBS News - 2d -
A.I. Start-Up Anthropic Closes Deal That Values It at $61.5 Billion
The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.The New York Times - 2d -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 2d -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 2d -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 2d -
EU unveils $840 billion "ReArm Europe" plan to boost defense spending
European Union leader Ursula von der Leyen says the bloc is "in an era of rearmament," as Trump casts rising doubt on old alliances.CBS News - 2d -
Egypt proposes $53 billion five-year Gaza reconstruction plan
Yahoo News - 2d -
CoreWeave and Anthropic make opposite money-raising moves as AI attracts billions
Nvidia-backed Coreweave files to go public, while Amazon-backed Athropic announces a private-market valuation of $61.5 billion.MarketWatch - 2d -
Honeywell beefs up energy security offerings with $2 billion Sundyne deal
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.MarketWatch - 1d -
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managersFinancial Times - 1d -
How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean Hackers
The cryptocurrency exchange Bybit lost $1.5 billion to North Korean hackers last month — and it all traced back to an account on a free digital storage service.The New York Times - 8h -
Taiwan President Defends TSMC’s $100 Billion U.S. Chip Investment
The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country.The New York Times - 6h -
Supreme Court rejects Trump's push to freeze billions in foreign aid
The Trump administration suffered a legal setback after the Supreme Court on Wednesday rejected its request to keep nearly $2 billion in foreign aid frozen. The ruling was 5-4, with conservative ...NBC News - 6h -
Senate adopts fallback budget in case Trump’s ‘big, beautiful bill’ falters
Now the onus is on House Republicans to build enough support to advance their own party-line plan, or face pressure to back the Senate’s slimmer vision.Politico - Feb. 20 -
Senate adopts budget resolution after marathon overnight vote-a-rama
The Senate on Friday adopted a budget resolution intended to serve as a blueprint to deliver the first part of President Trump’s agenda. Senators voted 52-48 along party lines on the resolution ...The Hill - Feb. 21 -
Senate Republicans approve budget framework, pushing past Democratic objections
Republican senators pushed a $340 billion budget framework to passage over Democratic objections after a nearly all-night voteABC News - Feb. 21 -
PBS and NPR on edge over FCC letter and Trump budget scrutiny
PBS President Paula Kerger has felt the heat from politicians over government funding before. But this time the FCC is focusing on the nonprofit's sponsorships.Los Angeles Times - Feb. 21 -
Details on Senate-passed GOP budget plan after "vote-a-rama"
Senate Republicans have passed a budget resolution after pulling an all-nighter through a process known as "vote-a-rama." The passage comes despite President Trump's earlier backing of a competing ...CBS News - Feb. 21 -
Senate G.O.P. Passes Budget Resolution, and Punts on Tough Questions
Approval of the Republican budget plan left major questions about tax cuts and spending reduction for another day.The New York Times - Feb. 21 -
US Senate passes budget resolution to fund Trump’s deportation plan
Bill approving $175bn for border security and extra $150bn for Pentagon faces tough challenge in House. US politics live – latest updates The US Senate has passed a budget resolution that ...The Guardian - Feb. 21 -
Jeffries urges full Dem attendance for GOP budget vote: ‘Pivotal’
House Democrats are united against the Republicans’ budget plan. But heading into this week’s vote on the resolution, Minority Leader Hakeem Jeffries (D-N.Y.) wants to ensure all of his troops are ...The Hill - Feb. 24 -
House Republicans face headwinds as they seek to pass budget for Trump's agenda
House Republican leaders are eying a high-stakes vote this week on a sweeping budget resolution to pass President Donald Trump's agenda.NBC News - Feb. 24 -
House Rules Committee advances budget resolution as path forward remains uncertain
The House Rules Committee voted Monday to advance the GOP conference’s plan to pass President Trump’s legislative agenda, sending the budget resolution to the full chamber even as its fate on the ...The Hill - Feb. 25 -
Democrats outline playbook to target House Republicans on Medicaid, budget and DOGE
Democrats to target vulnerable House Republicans by highlighting potential cuts to Medicaid, other federal spending in the budget GOP lawmakers hope to vote on this week.ABC News - Feb. 24 -
Johnson searches for consensus on budget resolution as opposition grows ahead of key vote
Speaker Mike Johnson (R-La.) and his leadership team are feverishly searching for consensus on the House GOP conference's plan to advance President Trump's legislative agenda, which has thus far ...The Hill - Feb. 25 -
Here's what upcoming budget negotiations may mean for Social Security
Benefit cuts are off the table for now in upcoming budget negotiations, experts say. But the agency may continue to struggle with customer service woes.CNBC - Feb. 25 -
Watch live: Progressive lawmakers speak on GOP's budget reconciliation hopes
The Congressional Progressive Caucus will give remarks Tuesday morning on the GOP-led budget resolution, which Speaker Mike Johnson (R-La.) is hoping to bring to a floor vote in the afternoon. ...The Hill - Feb. 25 -
House aims to vote on budget resolution in key test for Johnson
"There may be a vote tonight, there may not be," House Speaker Mike Johnson said after a meeting with Republican lawmakers on Tuesday.CBS News - Feb. 25 -
Watch: House Democrats speak on GOP-led budget blueprint
Leaders within the House Democratic Caucus addressed their GOP colleagues' budget blueprint on Tuesday morning, hours ahead of an expected vote on the measure. While Dems have little power to ...The Hill - Feb. 25 -
House GOP budget resolution on thin ice as conservatives dig in on opposition
The House GOP’s budget resolution is on thin ice as conservative budget hawks dig in on their opposition, threatening to derail Speaker Mike Johnson's (R-La.) plans to bring the legislation up for ...The Hill - Feb. 25 -
House GOP advances budget resolution as conservative opponents hold firm
House Republicans advanced their budget resolution to enact President Trump’s legislative agenda on Tuesday, teeing the measure up for a final vote even as GOP opponents of the measure appeared to ...The Hill - Feb. 25 -
Dem absences could help GOP pass its budget
House Democratic absences on Tuesday could help GOP leaders move their massive budget blueprint through the lower chamber. With just a hairline majority, Speaker Mike Johnson (R-La.) has raced for ...The Hill - Feb. 25 -
Evening Report — Moment of truth for House GOP budget proposal
{beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash House GOP budget resolution teeters on the brink SPEAKER MIKE JOHNSON (R-La.) and House GOP leaders are scrambling to secure support for ...The Hill - Feb. 25 -
In the Trump Era, Crafting a State Budget Becomes More Complicated
With funding from Washington uncertain, New Jersey, like other states, is budgeting cautiously.The New York Times - Feb. 25
