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You Searched For "federal spending" and got 20 results


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5 mins read

Why Elon Musk's push to cut federal waste might succeed where others failed

There's a chance the Department of Government Efficiency's plans could lead to the deepest cuts to …

Jack Newsham   


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3 mins read

Trump's plan to build more homes on federal land could push prices higher, UBS says

Trump's plans to turn federal land into housing could prove too costly, while tax incentives will b…

Kelly Cloonan   


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2 mins read

Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report

This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…

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4 mins read

Elon Musk's promise of an 'epic' leaderboard of 'dumb' government spending reveals his marketing savvy

Elon Musk wants to gamify the act of slashing government spending. Experts say it will get people t…

Geoff Weiss,Grace Eliza Goodw…   


Business Insider Latest Story Image
1 min read

OpenAI ranks fourth among top tech vendors that IT leaders plan to spend the most with, survey finds

More IT leaders plan to spend on OpenAI as AI integration becomes a priority according to Flexera's…

Helen Li   


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2 mins read

Elon Musk is looking to cut government waste. Here's what the US spends money on right now.

Trump selected Elon Musk and Vivek Ramaswamy to identify areas to cut government spending. The US s…

Ayelet Sheffey,Madison Hoff   


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2 mins read

US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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2 mins read

Elon Musk said he will launch a leaderboard to track 'insanely dumb' government spending, and business leaders are weighing in

Elon Musk will co-lead the Department of Government Efficiency and has already started crowdsourcin…

Alice Tecotzky   


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2 mins read

Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …

Kelly Cloonan   


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1 min read

Ukraine approves 'historic' war tax hike to help cover defense spending

The bill will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' pro…

Rebecca Rommen   


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1 min read

Elon Musk joined Trump's call with Zelenskyy, showing the Tesla CEO's new influence after spending at least $119 million on the campaign

Musk was reportedly present for Trump's calls with both Ukrainian President Volodymyr Zelenskyy and…

Bryan Metzger,Alice Tecotzky   


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2 mins read

Jamie Dimon is the latest CEO to weigh in on RTO — this time, for DC federal workers

JPMorgan's Jamie Dimon became the latest CEO to weigh in on RTO, saying that federal workers in Was…

Alex Bitter   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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5 mins read

AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.

Housing policy experts say a Democratic effort to get the federal government to build 'social housi…

Eliza Relman   


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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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3 mins read

Elon Musk is a Trump win away from serious federal power

Former President Donald Trump is taking a page out of Elon Musk's book, announcing a plan to create…

Ayelet Sheffey,Brent D. Griff…   


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3 mins read

Elon Musk's PAC is pouring millions into these 14 districts to keep the GOP in control of the House

After spending tens of millions on Trump, Musk's "America PAC" has begun spending at least $2.1 mil…

Bryan Metzger   


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2 mins read

Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

Business Insider Latest Story Image
2 mins read

Big Crypto is now spending more on US elections than any other industry

Crypto companies have already funneled some $119 million into federal elections, according to data …

Lakshmi Varanasi   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…