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Campaign spending accelerates as Missouri primary election draws near

Ballot measure spending continues to dominate this year’s elections

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Jul 30 • 8:38 AM EDT • Politics • spectrumlocalnews.com
The new "science golden age" looks suspiciously like a grift

This edition of PN is made possible by paid subscribers. Become one ⬇️ 🚀 Subscribe to PN 🚀 The Trump regime is trying to usher in a “Golden Age in Science” where scientific research is run like a Trump family business, artificial intelligence is all that matters, profit is everything, and expertise is for chumps. Or at least that’s the vision emerging from a new 123-page “Report to the President” from Michael Kratsios, the Director of the White House Office of Science and Technology Policy. In a normal administration, you could probably skip over learning about a science policy document — but this is no normal administration, and this is no normal science policy document. Instead, it’s Trump’s attempt to end the actual golden age of science that was kicked off in 1945 with the publication of '“The Endless Frontier” by Vannevar Bush. [ ](https://www.publicnotice.co/p/harmeet-dhillon-portland) [ Harmeet Dhillon demonstrates danger of posting through it ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Liz Dye · Jul 29 [ Read full story ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Bush, at President Franklin Delano Roosevelt’s request, laid out a vision of federal support for science that centered on funding universities to do basic research, saying that as long as those institutions were “vigorous and healthy and their scientists are free to pursue the truth wherever it may lead, there will be a flow of new scientific knowledge to those who can apply it to practical problems in Government, in industry, or elsewhere.” Kratsios’s report is supposed to be the successor to Bush’s, and even apes the format, but this isn’t really a document about science policy. It’s one about ending science research as we know it in favor of shoveling cash at big tech companies. While it might be temping to wave this away as an aspirational policy document, Trump has already begun to shift billions in research funds to AI projects and has taken a hatchet to science funding across the board. He’s teed up the shift Kratsios proposes here, and since neither Congress nor the Supreme Court seem inclined to stop him from doing whatever he wants with taxpayer money, it isn’t doomering or hyperbole to say we are staring down the barrel of a world where the only “science” the government intends to support is for-profit tech and defense advancements. Science for dummies Part of how you can tell this isn’t a document about science is that you are immediately faced with an absolute wall of business-speak of the worst sort. Did you know we must “tightly couple our science and technology enterprises to ensure that groundbreaking ideas invented in the United States are rapidly prototyped, tested, manufactured, and scaled domestically”? You do now! That tone isn’t surprising, because Kratsios has no background in science or research. He has a bachelor’s in political science and spent most of his career working for Peter Thiel at Thiel Capital. After a stint in the first Trump administration as Chief Technology Officer, where he also did not do any science, Kratsios was tasked in 2020 with overseeing the Pentagon’s research budget for a brief time, a position that, as the Wall Street Journal put it, “carries a great deal of power in terms of dictating investment allocations.” He spent the Biden years at Scale AI as “head of strategy,” which you will also note is neither a science nor a research job. But Scale AI has contracts with the Department of Defense and, as the Washington Post wrote in 2023, “has been aggressively pitching itself as the company that will help the US military in its existential battle with China.” And now you have the necessary background for our new golden age, which is going to be a golden age of taking money away from scientists and universities and giving it to companies like Scale AI. A note from Aaron: Working with brilliant contributors like Lisa takes resources. If you aren’t already a paid subscriber, please become one to support our work. 👇 Subscribe In a genuinely galling move, Katsios spends a lot of time slamming universities because of “administrative burdens on researchers” and the “well-documented inefficiencies” in academia, the message being that those damn universities waste the time of amazing researchers with paperwork. Except it’s the administration that is attempting to impose inefficient, unnecessary burdens on those researchers with a proposed Office of Management and Budget rule that would require senior political appointees to approve every science grant and ensure it aligns with Trump’s personal priorities. Researchers would also have to seek prior government approval to attend conferences or publicize their research. And political appointees could terminate any grant at any time if they feel like it. [ ](https://www.publicnotice.co/p/omb-rule-science-funding) [ The murder of expertise ](https://www.publicnotice.co/p/omb-rule-science-funding) Lisa Needham · Jun 11 [ Read full story ](https://www.publicnotice.co/p/omb-rule-science-funding) But when it comes to AI, we’re going to “restore permissionless innovation.” The report proposes to give lucky ducky innovators a pile of cash up front for grants lasting five years or longer, saying “awards should be fully-funded in year one, with all resources earmarked upfront, to minimize administrative burdens and reduce pressure for researchers to generate intermediate results to secure continued funding.” Yeah, wouldn’t want to have to make the Very Special Tech Bros show results or get money parceled out year by year like the plebes at universities. The report also proposes that we should have “fast grants” with “simplified applications requiring just a few pages of writing” because that is definitely how science works, just writing a bit off the dome and getting some cash. [ ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) [ Tech elites are turning AI into ChatGPTrump ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Paul Waldman · July 29, 2025 [ Read full story ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Oh, and we should have prizes and challenges, where multiple teams compete. The proposed prizes include incentives like “advance procurement commitments,” which means the federal government agrees to buy whatever is being developed. There’s also “regulatory fast-tracking,” making sure all those great AI thingies don’t have to wait too long to be unleashed on a market. These aren’t incentives to do science. These are incentives to develop things with tax dollars that you can then sell to the government for more tax dollars. In the suggestion that might be the most unhinged, the most very opposite of how both government and research work, our new age will include “golden tickets.” That’s where an individual reviewer in an agency — yes, just one person — can “recommend unconventional proposals that may not pass consensus-driven review panels” because somehow this will “surface valuable ideas too divisive for committees and attract higher quality reviewers by empowering them to exercise independent scientific judgment.” Yes, that’s saying that a random person in an agency should be able to shovel money at some idea even if it can’t pass a review panel, and that the opportunity to do so will attract better employees because apparently all the best minds in science are chomping at the bit to be allowed to unilaterally fund AI research based on their personal vibes. But that isn’t at all how actual science works, and actual scientists aren’t unhappy about review panels. They work collaboratively, not siloed in some secret race to create the next AI chatbot. A 2020 study by the National Bureau of Economic Research examined whether peer review panels succeed in helping agencies predict which research ideas will best advance science. Peer review was better at finding “diamond in the rough” applicants than a single government program official. How about that. Trump always wants a taste It’s painfully clear that what Katsios is trying to do here is turn the whole of government science research and funding into the sort of “move fast and break things” paradigm that is the hallmark of big tech. That method works to line the pockets of tech executives, but it isn’t science. There’s a reason the government funds different kinds of research than private tech companies do. What Katsios either fails to understand or deliberately ignores is that the federal government is the main funder of basic research precisely because it can take a long time for it to bear fruit and is not intended to be profitable as such. “Basic” here does not mean rudimentary or simple, but rather research that is designed to advance scientific knowledge instead of achieving a specific outcome or product. Big tech companies don’t widely fund that sort of research, because it doesn’t make them money. Industry dollars account for only about 20 percent of basic research funding, while the government contributes around 60 percent. Big tech companies and startups do, however, rely on and benefit from that basic research. A 2019 study found that 35 percent of all patents obtained by venture-backed startups from 1976 to 2016 cited federally supported research. Basic research funded by the NIH contributed to every single drug the FDA approved from 2010 to 2016. [ ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) [ The Saudi nuclear farce and governance by whim and meme ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Noah Berlatsky · Jul 27 [ Read full story ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Unlike inventing the next ChatGPT, actual science is slow and iterative. Government funding of research that, on its face, would not appear to lead to any big new invention is actually what underpins those big new inventions. If the government hadn’t funded research into desert lizard venom, we wouldn’t know about semaglutide, and we wouldn’t have Ozempic. If research scientists hadn’t studied how bees optimize nectar foraging within a colony, we wouldn’t have the algorithm that assigns internet traffic across computer servers. The report assiduously ignores that a symbiotic, profitable relationship between the federal government, universities, and private companies already exists. Each federal research dollar generates about $1.50 to $3.00 in long-term economic benefits. The $36 billion the government awarded in NIH research funding in fiscal year 2025 generated $94 billion in new economic activity. Trump’s proposed new golden age is intended to strip those billions from universities, resulting in the dismantling of departments and the shuttering of labs. But Katsios has a plan for that: Universities should just become trade schools to churn out no-show STEM degrees! “Require universities and community colleges to embed practical technical training and externships into STEM curricula. Let hands-on experience and industry credentials count toward degrees.” It’s quite the feat to, on the one hand, strip schools of funding for scientific research while simultaneously demanding to control what is taught and, oh, also, colleges need to give degrees to employees at big tech companies just for being employees at big tech companies. The new golden age would also exacerbate the brain drain Trump’s policies have already caused. Nature found that in the first quarter of 2025, US scientists submitted 32 percent more job applications abroad than in 2024. A March 2025 poll by Nature of roughly 1,600 scientists found that over 1,200 said they were considering leaving the country. Europe is investing $565 million to make it a “magnet for researchers” and provide funding for scientists who relocate. The new golden age is also about embedding Trump’s xenophobia into the fabric of American science. The report complains of an “over-reliance on foreign students” that “creates a security challenge our institutions are ill-equipped to address” and that a “reliance on foreign talent sidelines American students.” This is, to put it mildly, nonsense. International students pay far higher tuition and often receive no financial aid. Their tuition dollars are what make it possible for American students to get financial aid. In the 2023-2024 school year alone, international students contributed $43.8 billion to the US economy and supported over 378,000 jobs. Those 1.1 million international students accounted for only six percent of the total number of students in higher education that year, but were such an economic engine that for every three international students, one job was created or supported. It’s impossible not to wonder whether part of Trump’s loathing for universities and their leading role in scientific research is that there is no way for him to corrupt the process and make money off it in the same way he can by giving millions and billions to Silicon Valley types who, in turn, give him millions in cash. There’s no way for his children to invest in universities that the government then gives no-bid contracts to, fattening the family’s bottom line, which is pretty much the Trump sons’ current venture capital practice. Trump and Katsios’s view of science is narrow, cramped, and wrong. We’re not in a crisis, we’re not a failed state. We’ve been a science superpower for decades, and the only thing that threatens that is Donald Trump. Tech bros are already living high off the hog in this administration. They don’t need any more of our tax dollars. Hopefully this new golden age never comes to pass. Thanks for reading Public Notice. This post is public so feel free to share it. Share We’ll be back with more tomorrow. If you appreciate today’s PN, please do your part to keep us free by signing up for a paid subscription. 🚀 Subscribe to PN 🚀 Thanks for reading, and for your support.

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Jul 30 • 8:12 AM EDT • Science • publicnotice.co
Woman accused of stealing over $200k from Fort Myers business, spending money on online gambling

A Cape Coral woman is accused of stealing over $200,000 from her place of work and spending it on online gambling currency, according to the Lee County Sheriff's Office.

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Jul 30 • 8:01 AM EDT • Business • gulfcoastnewsnow.com
Federal appeals court hears Maine test case on regulating super PACs

The U.S. Supreme Court’s landmark decision that struck down limits on independent political spending does not need to be overturned to rein in Big Money in politics, Neal Katyal argued before the U.S. Court of Appeals for the First Circuit in Boston on Wednesday in defense of Maine’s 2024 referendum regulating political spending.

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Jul 29 • 5:06 PM EDT • Politics • mainemorningstar.com
Microsoft tops quarterly cloud growth estimates, easing spending concerns

Revenue at the company's Azure cloud-computing business rose 43%.

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Jul 29 • 4:04 PM EDT • Business • reuters.com
Greer OKs $685K for sports and events center furniture: City Council notes

Council approved spending $685,000 for a furniture package to equip the Greer Sports and Events Center.

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Jul 29 • 12:30 PM EDT • Sports • greenvillejournal.com
Wilmington Health urology department set to close end of August

Patients of Wilmington Health’s urology department started receiving letters last week informing them that this medical practice was “suspending operations” effective August 31.

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Jul 29 • 11:31 AM EDT • Health • whqr.org
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Can Anyone Spare a Buck For Texas?

One of America’s most competitive Senate races features a surprising dynamic: No Republicans are spending money yet.

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Jul 29 • 9:00 AM EDT • Politics • nytimes.com
MLB’s Upside-Down Playoff Picture Undercuts Owners’ CBA Messaging

The Tampa Bay Rays are providing an inconvenient counterweight to MLB owners’ framing of modern baseball. Owners have long held up the financial disparities in the sport, and their subsequent impact on competitive balance, as a reason to overhaul its cost structure and implement a salary cap. Yet the low-spending Rays have the best record …

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Jul 29 • 7:55 AM EDT • Sports • sports.yahoo.com
Visa Third-Quarter Revenue Climbs, Citing Resilient Consumer, Business Spending

The payments company said profit came in at $5.63 billion amid resilient consumer and business spending.

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Jul 28 • 4:35 PM EDT • Business • wsj.com
Visa posted 14% revenue growth as consumer and business spending held up

The payments company reported net revenue of $11.6 billion and non-GAAP earnings per share of $3.32 for the quarter ended June 30

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Jul 28 • 4:23 PM EDT • Business • qz.com
Sports betting industry spending on US midterm elections surpasses $72 million

The industry has become the third-largest corporate donor in the U.S. midterms behind crypto and technology.

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Jul 28 • 3:41 PM EDT • Sports • nbcnews.com
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Most Americans favor big changes to the political system that likely would require amending the Constitution

Most Americans support term limits, campaign spending caps, and Electoral College reform, but achieving these changes likely would require amending one of the world's hardest constitutions to change.

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Jul 28 • 1:52 PM EDT • Politics • pewresearch.org
Campaign season boosts business for Tallahassee print shop

As campaign season ramps up ahead of Florida’s primary election, one Tallahassee print shop said candidates’ spending is providing an economic boost for local businesses.

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Jul 28 • 12:37 PM EDT • Business • wctv.tv
Replay Sports Cards Returns to Chicago for the National Sports Collectors Convention with a Full Week of Giving Back

Replay Sports Cards ("Replay"), America's first national franchise dedicated exclusively to the hobby, is spending the days leading up to the 2026 National Sports Collectors Convention (July 29-Aug. 2) at the Donald E. Stephens Convention Center in Rosemont, giving back to the Chicagoland community that will host the industry's biggest show. Between hosting trivia night before a Chicago White Sox game, donating cards to patients and families at La Rabida Children's Hospital, and placing donation

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Jul 28 • 10:28 AM EDT • Sports • finance.yahoo.com
Apple Set to Make Big Smart Home Push With Siri AI at Center

Apple Inc., after spending years as a laggard in the smart home market, is preparing a dramatic new push into the category with fresh devices and software.

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Jul 28 • 9:00 AM EDT • Technology • bloomberg.com
India’s 'looksmaxxing' economy: More science, more spending, fewer taboos

What’s in your latest beauty haul?

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Jul 28 • 8:45 AM EDT • Science • timesofindia.indiatimes.com
Sports betting industry spending on US midterm elections surpasses $72 million

DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at ​least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online betting.

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Jul 28 • 6:03 AM EDT • Sports • reuters.com
Tech Stocks Tumble on Worries About A.I. Spending and China’s Chip Competition

South Korea temporarily paused trading on Tuesday as its benchmark stock index led losses across the region, closing more than 10 percent lower.

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Jul 28 • 4:21 AM EDT • Business • nytimes.com
Fight over anti-corporate spending initiative brings in big money

The filings came three days after the Board of State Canvassers certified the measure, which means it will appear on the November ballot unless the Legislature adopts the bill first.

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Jul 27 • 7:45 PM EDT • Politics • crainsdetroit.com
House ethics panel investigating Gooden, who rejected the allegations

Gooden said allegations related to spending are ‘baseless.’

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Jul 27 • 5:03 PM EDT • Politics • dallasnews.com
‘Money out of politics’ proposal cleared for Michigan ballot

Michigan voters may decide this fall whether to ban political spending by regulated utilities and large government contractors in state elections

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Jul 27 • 4:30 PM EDT • Politics • washingtonpost.com
'Money out of politics' proposal cleared for Michigan ballot

Michigan voters may decide this fall whether to ban political spending by regulated utilities and large government contractors in state elections.

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Jul 27 • 4:25 PM EDT • Politics • newsday.com
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‘Money out of politics’ proposal cleared for Michigan ballot

Voters will likely have the chance to decide this fall whether to ban political spending in state elections by Michigan’s regulated utilities and large government contractors.

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Jul 27 • 4:25 PM EDT • Politics • apnews.com
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Pharma’s drug spending deflection

Job lock, surging prescription drug costs, No Surprises Act update, and more from STAT's Health Care Inc.

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Jul 27 • 2:13 PM EDT • Health • statnews.com
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My spouse is spending all our money

Therapist Jordan Alam answers a question from a reader: "My spouse is spending money needlessly and depleting our nest egg. What should I do?"

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Jul 27 • 1:00 PM EDT • Health • seattletimes.com
Sit back and watch the birds—your health will thank you, data shows

A psychologist says scientific research have cited consistent evidence to show spending time in nature leads to health improvements.

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Jul 27 • 10:49 AM EDT • Health • fortune.com
The Illinois Federation of Teachers spends millions on politics, but teachers can say ‘no’

The union embraces political spending tactics the Chicago Teachers Union uses in an effort to further its political goals.

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Jul 27 • 7:00 AM EDT • Politics • illinoispolicy.org
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West Hartford Business Buzz: July 27, 2026 - We-Ha

A round-up of openings, closings, and other news about West Hartford businesses. Business Buzz is sponsored by NBT Bank, and we are very thankful for their support! By Ronni Newton As I write this column on Sunday afternoon, I'm still in a dream-like haze after spending the most wonderful weekend celebrating

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Jul 27 • 12:02 AM EDT • Business • we-ha.com
Health Policy Watch: African Union pushes for greater domestic spending on health amid reports of huge disruptions to HIV and TB services

The African Union held a special health summit on 21-22 July, primarily aimed at mobilising high-level political support for more domestic health spending.

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Jul 26 • 4:34 PM EDT • Health • eatg.org
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9-year-old trades screen time for gardening, builds successful business

While many kids spend their summer vacation in front of a screen, 9-year-old Richard Andino is spending his days in the garden.

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Jul 26 • 12:33 PM EDT • Business • ksl.com
From 6 staffers to 75: Mamdani expands coastal resilience workforce amid growing flood threat

Mayor Zohran Mamdani is spending $43.2 million to expand New York City’s coastal resilience bureau from six employees to roughly 75.

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Jul 26 • 11:22 AM EDT • Politics • amny.com
Andy Burnham and the rise of ‘aura farming’ in politics

Is “aura farming” the new political superpower? There are some days in TV news when you find yourself standing in the middle of a farm, surrounded by baby goats, trying to explain internet slang. Subscribe This was one of those days. There I was, in wellies, trying to unpack aura farming - a Gen Z term for carefully cultivating your image online so that you look effortlessly cool, authentic and charismatic. The trick, apparently, is that it can’t look like you’re trying too hard. Which, I’ll admit, felt slightly ironic as we filmed an entire report on a farm purely because the word farming is in the title. ‘Shaped by algorithms’ Whether you like it or not, politics increasingly feels like it’s being shaped by algorithms as much as manifestos. Take Andy Burnham. Since arriving at Number 10, he’s been impossible to miss online. One minute he’s out for a casual jog with Mo Farah. Next he’s announcing policy alongside TikTok high priestess Bus Aunty. His social media paints a very deliberate picture: less polished Westminster operator, more bloke from the North who just happens to be running the country. It’s not accidental. Burnham’s “King of the North”, New Order-loving persona has become part of a carefully constructed political brand. Authenticity is now something politicians work incredibly hard to make look effortless. But Burnham isn’t inventing this playbook. Like so many of us doomscrolling on an evening, he’s been influenced online. The digital strategy of New York Mayor Zohran Mamdani, pictured above right, has become a case study in viral political communication, and some of the people behind that campaign have recently been advising the Labour Party in Britain. Their message is simple: if you want to reach younger voters, you need to show up where they already spend their time. Embracing content creators And increasingly, that doesn’t mean traditional news interviews (awkward). It means speaking to content creators like Max from The Career Ladder, whose channels reach around 20 million followers worldwide. His interview with Burnham, pictured below, was posted almost immediately after he became Prime Minister. What struck me wasn’t just the audience size, but something Max told me afterwards: many people in the comments said they’d discovered Britain had a new Prime Minister through his interview. Think about that for a moment. Not through rolling news. Not through newspapers. Through a creator they were already following while scrolling. Share That’s a profound shift in how political information reaches people, one that’s been gathering momentum for some time. It also explains why politicians are embracing content creators and spending millions on digital marketing. Of course, this isn’t unique to one party. ‘Personality before policy’ In many ways, the right were quicker off the mark in building their aura online. Donald Trump built much of his political identity on social media. Nigel Farage remains one of Britain’s strongest political performers on TikTok. Politicians across the spectrum now understand that personality often reaches people before policy does. During a six-week UK general election campaign alone, overall digital ad spending routinely tops £11m. Share Channel 4 News Former Number 10 social media adviser Andrew Wong put it well when he told me that “vibes” can help someone get noticed, but they only work if they’re rooted in a genuine personality. Force it, and audiences spot it instantly. The bigger question is whether internet charisma can backfire on you - especially when you’re Prime Minister. Because behind Burnham’s carefully curated videos is a veteran politician with decades of Westminster experience. The spontaneity is produced. While the authenticity may be genuine, it’s managed. That’s not necessarily a criticism. It’s simply the reality of modern political communication. Aura farming alone is not enough to harvest change. But in the age of algorithms, winning attention may be the first battle. Subscribe Share Channel 4 News Leave a comment

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Jul 25 • 4:01 AM EDT • Politics • channel4news.substack.com
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‘Money out of politics’ proposal cleared for Michigan ballot

A group seeking to ban political spending by regulated utilities and large state contractors submitted enough signatures to put its proposal on Michigan’s general election ballot, a bipartisan board determined Friday.

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Jul 24 • 5:35 PM EDT • Politics • bridgemi.com
US business activity perks up in July, helped by World Cup, but trend may not last, S&P Global says

Activity in the vast U.S. services ​sector accelerated in July, aided in part by spending around the FIFA World Cup and the Independence ‌Day holiday, while the pace of growth in the manufacturing sector eased to the slowest since March amid a slowdown in precautionary stock building prompted by the U.S.-Israeli-led war with Iran.

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Jul 24 • 9:54 AM EDT • Business • reuters.com
US Business Activity Picks Up on World Cup, July 4 Spending

US business activity expanded at the fastest pace in eight months as strong domestic demand for services offset cooling factory production, growing supply chain delays and rising costs.

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Jul 24 • 9:45 AM EDT • Business • bloomberg.com
Shapiro Administration Highlights $1 Million Housing Investment to Improve Health, Lower Health Care Spending for PA Medicaid Recipients

Shapiro Administration Highlights $1 Million Housing Investment to Improve Health, Lower Health Care Spending for PA Medicaid Recipients

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Jul 24 • 8:00 AM EDT • Health • pa.gov
AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending

American Express increased its full-year revenue growth forecast and beat Wall Street expectations for second-quarter profit on Friday as its affluent customers continued ​to swipe their cards for travel and dining despite lingering ‌economic uncertainty.

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Jul 24 • 7:05 AM EDT • Business • reuters.com
Las Vegas bets big on the booming wellness economy

From boutique wellness clubs to Strip resorts, businesses are investing in preventive health as consumer spending shifts beyond traditional entertainment.

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Jul 23 • 10:00 AM EDT • Business • reviewjournal.com
Airlines are spending ever more to maintain their fleets

Engine-makers are earning big bucks as a result

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Jul 23 • 9:00 AM EDT • Business • economist.com
Alphabet's cash burn raises alarm for Big Tech as AI spending climbs

Alphabet's first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending strains one of ​the world's most profitable companies, and the pain is only expected to increase.

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Jul 23 • 8:05 AM EDT • Business • reuters.com
House votes to adopt Department of War renaming as part of annual defense bill

The House on Wednesday passed a defense policy bill that incorporates President Donald Trump's request for a historic $1.15 trillion in spending for national security and that would designate the Department of Defense as the Department of War.

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Jul 22 • 7:45 PM EDT • Politics • pbs.org
Google justifies its massive AI spending with a booming cloud business

Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.

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Jul 22 • 6:01 PM EDT • Business • techcrunch.com
Republican blocks bill to halt retrofit of Qatari-gifted Air Force One

Democrats have been trying to stop the Pentagon from spending more money on the luxury jet, which they call an "illegal" gift.

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Jul 22 • 2:33 PM EDT • Politics • washingtonpost.com
Arrington, eager to appease fiscal hawks, proposes $28 billion boost to health fraud busting - Live Updates

The bill's introduction comes as fiscal hawks are livid over a lack of payfors in a major new spending bill.

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Jul 22 • 10:58 AM EDT • Health • politico.com
House passes temporary government funding bill months early

The bill funds the federal government through December 4

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Jul 22 • 9:57 AM EDT • Politics • spectrumlocalnews.com
House passes temporary government funding bill months early

The bill funds the federal government through December 4

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Jul 22 • 9:57 AM EDT • Politics • spectrumlocalnews.com
City sales tax continues steady upward climb

Consumers are spending, businesses are growing -- and it's showing in city sales tax revenue.

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Jul 22 • 9:30 AM EDT • Business • siouxfalls.business
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Old-guard WA Democrats stage an intervention as party tacks left

Two of Washington’s former governors have now called out their own party, the Democrats, for “out of control” spending and taxes in Olympia. Is the party cracking up?

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Jul 22 • 9:00 AM EDT • Politics • seattletimes.com
House Narrowly Passes Stopgap Spending Bill, but Shutdown Fight Looms

Republicans managed to push through legislation to fund the government through Dec. 4. But with Democrats opposed, the stage is set for a broader battle.

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Jul 21 • 10:25 PM EDT • Politics • nytimes.com
Exclusive | White House to Redirect Billions in Research Funds Toward AI, Away From Colleges

The overhaul will reshape $200 billion in spending a year and favors individual scientists to outpace China.

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Jul 21 • 6:00 PM EDT • Science • wsj.com
More charges expected in NC political nonprofit spending investigation, according to DA

More charges expected after new search warrants indicate a politically connected nonprofit was spending money at strip clubs, beach vacation rentals and golf outings.

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Jul 21 • 5:11 PM EDT • Politics • wral.com
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COVID-19 Linked to Short-Term Increases in Medicare Health Care Spending

Postacute COVID-19 symptom diagnoses, health care spending, and utilization among Medicare beneficiaries diminish within 3 months of infection.

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Jul 21 • 9:22 AM EDT • Health • infectiousdiseaseadvisor.com
Quest for research answers takes undergraduate student to Japan

Kaylin Lamaute has been spending the summer finding answers to her fascinations in materials science and engineering through the Adopting Sustainable Partnerships for Innovative Research Ecosystem (ASPIRE) program, an international initiative primarily driven by the Japan Science and Technology Agency.

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Jul 21 • 9:17 AM EDT • Science • psu.edu
Michael Page Wants New UFC Contract

UFC welterweight and middleweight fighter Michael Page is hoping to get a new contract as he has just one fight left on his current deal.Page joined the UFC in 2o24 after spending the majority of his MMA career up to that point in Bellator MMA. When the UFC signed Page, it was looked at as […] The post Michael Page Wants New UFC Contract appeared first on HEAVY.

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Jul 21 • 1:43 AM EDT • Sports • sports.yahoo.com
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NC political corruption probe: Warrant says group spent big on strip clubs, golf

The new warrant highlights nearly $80,000 in spending from 2022 to 2024 on strip clubs, sports and a beach rental.

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Jul 20 • 7:28 PM EDT • Politics • wral.com
Trump intervenes as House GOP revolt puts SAVE America Act at center of spending showdown

Trump urges House Republicans to unify behind the budget reconciliation bill, but some fiscal hawks balk at $95 billion in new spending with no payfors.

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Jul 20 • 1:59 PM EDT • Politics • foxnews.com
Fewer Canadian shoppers leave border businesses struggling

Border businesses in Minnesota and North Dakota say fewer Canadian visitors are cutting into sales, forcing some to reduce hours, staff and spending.

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Jul 20 • 11:00 AM EDT • Business • mprnews.org
As AI grows, so does its influence on Florida politics

From political spending to data center debates, here's how AI is shaping politics in this election season.

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Jul 20 • 9:48 AM EDT • Politics • jaxtoday.org
Texas Tech coach Joey McGuire welcomes defined pay-for-play rules governing NIL

In an exclusive conversation with USA TODAY, Texas Tech coach Joey McGuire - his program no stranger to spending - says he welcomes real rules for all

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Jul 20 • 4:59 AM EDT • Sports • usatoday.com
Pirate Problems: Buccaneers 1st Divisional Matchup is a big One

After surrendering the NFC South crown to Carolina, Todd Bowles and the Buccaneers head to Charlotte seeking revenge and job security against a revamped, high-spending Panthers defense.

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Jul 19 • 10:33 PM EDT • Sports • sports.yahoo.com
Crowley reenters Wisconsin’s Democratic governor primary

David Crowley has reentered Wisconsin's Democratic primary for governor, two weeks after suspending his campaign, after receiving the endorsement of Gov. Tony Evers.

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Jul 19 • 5:20 PM EDT • Politics • latimes.com
Boeing on track for 2028 Air Force One delivery, costs rise

Boeing said on Sunday it remains on track to deliver two new Air Force One ​jets in 2028, but meeting that target will ‌require additional spending on a program already years behind schedule and billions of dollars over budget.

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Jul 19 • 12:28 PM EDT • Business • reuters.com
AIPAC has spent a record amount on Michigan's Senate primary, the biggest test of its influence yet

U.S. Rep. Haley Stevens is benefiting from tens of millions in pro-Israel spending in her race to be the Democratic nominee for Senate in Michigan.

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Jul 19 • 9:28 AM EDT • Politics • news4jax.com
Eye on Politics: Spending on flood prevention, Senate race update, Comptroller changes
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Jul 19 • 8:26 AM EDT • Politics • cbsnews.com
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Funflation Engulfs Home Entertainment as Gaming, OTT Costs Surge

Funflation Engulfs Home Entertainment as Gaming, OTT Costs Surge U.S. home entertainment spending drops as Gen Z, millennials cut back; South Korea faces similar price surges

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Jul 18 • 8:00 PM EDT • Entertainment • chosun.com
Psychiatrists, psychologists spending more than other healthcare providers to lobby policymakers

Payments to lobbyists from healthcare providers fell 13% over a 10-year period ending in 2024. Yet lobbyist spending by one specialty—mental healthcare—rose by nearly 30%. What explains the against-the-current cash flow?

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Jul 18 • 4:26 PM EDT • Health • healthexec.com
David Crowley reenters battleground Wisconsin’s Democratic governor primary with Gov. Evers’ backing

David Crowley has reentered Wisconsin's Democratic primary for governor, two weeks after suspending his campaign | 1010 WINS

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Jul 18 • 11:52 AM EDT • Politics • audacy.com
David Crowley reenters battleground Wisconsin’s Democratic governor primary with Gov. Evers’ backing

David Crowley has reentered Wisconsin’s Democratic primary for governor, two weeks after suspending his campaign

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Jul 18 • 11:39 AM EDT • Politics • washingtonpost.com
Is Big Tech spending more just to stand still in the AI race?

Big Tech's AI spending is soaring, but higher capex may reflect inflation as much as expansion this earnings season.

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Jul 18 • 10:00 AM EDT • Business • businessinsider.com
AI’s new political donor class is already outspending Big Tech’s last one

Campaign filings show AI employees donating faster, more heavily, and more in sync than three prior tech-IPO donor classes. Here’s where the money is going.

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Jul 18 • 9:00 AM EDT • Politics • sfstandard.com
Now or never: Spending exceeds fundraising in race for GOP gubernatorial nomination

Closing arguments are being made and reserves are being tapped.

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Jul 18 • 8:59 AM EDT • Politics • floridapolitics.com
Ballot initiative to block political donations by utilities and contractors advances

The Michigan elections bureau on Friday recommended certification of a ballot initiative that, if passed, would significantly restrict political spending by regulated utilities and large government contractors.

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Jul 17 • 9:39 PM EDT • Politics • crainsdetroit.com
As AI spending surges, return-on-investment questions mount

The rapid expansion of artificial intelligence is creating major opportunities while also exposing companies to significant financial risks, The New York Times reports. Larry Ellison and his son are using Oracle-generated wealth to expand into media, with control of Paramount and a potential takeover bid for Warner Bros. Discovery. Meanwhile, Oracle is facing financial pressure […]

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Jul 17 • 3:28 PM EDT • Business • businessreport.com
Even with sentiment shaky, U.S. Bancorp says consumers and businesses look healthy

The Minneapolis-based bank is seeing accelerated discretionary spending across credit scores.

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Jul 17 • 1:40 PM EDT • Business • startribune.com
US regional banks brush off war jitters with lending surge, fee boost

U.S. regional banks including U.S. Bancorp and PNC Financial relied on a lending rebound and strong fee income to deliver broad second-quarter gains, alleviating concerns that the Middle East war would weigh on loan demand and spending.

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Jul 17 • 10:43 AM EDT • Business • reuters.com
Missouri ballot measure campaigns dominate fundraising, ad spending for primary

Broadcast ad spending on Amendments 4 and 5 is approaching $9 million as days run down before Aug. 4 vote

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Jul 17 • 10:42 AM EDT • Politics • spectrumlocalnews.com
OpenAI Employees Are Funding a Political Fight Against Their Own President

Researchers charged with studying AI’s risks are spending their own money to counter the political influence of one of their company's co-founders.

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Jul 17 • 9:23 AM EDT • Politics • inc.com
Stocks Sink on Anxiety About Tech and A.I. Spending

A sell-off in Asia led by chipmakers spilled into Europe and U.S. markets on Friday.

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Jul 17 • 8:31 AM EDT • Business • nytimes.com
In heated Minnesota Senate primary, barrage of political ads is omen of more to come this fall

In a closely contested battle for DFLers in the U.S. Senate primary, candidates and their backers are spending big on advertising. They’re bringing their case to every available screen they can find.

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Jul 17 • 5:00 AM EDT • Politics • mprnews.org
Sports without politics is a fantasy and the World Cup proves it

From ancient Greece to Nazi Germany, sport and politics have long been intertwined. Nevertheless, we still imagine that international sport can be kept above the fray and serve as a neutral arena where nations compete on merit alone. In this article, diplomacy scholar Geoffrey Allen Pigman argues the 2026 FIFA World Cup shows this is a dangerous illusion. When international sport is left entirely to revenue-maximizing private bodies like FIFA, it doesn't escape politics, but rather surrenders to its worst expressions. With the 2028 Los Angeles Olympics fast approaching, the IOC must decide whether to learn that lesson or repeat the same mistakes. The largest and most lucrative FIFA World Cup ever draws toward its climactic conclusion amidst a swirl of controversy. Team members, staff, fans, and spectators have been denied their right to enter the United States to participate, and US President Donald Trump intervened with FIFA boss Gianni Infantino to overturn a referee’s call that Trump believed disadvantaged the US national team. It is a moment to step back and reflect on what the purposes of international sport mega-events like the World Cup, and international sport more broadly, are, and what they should be. Does international sport serve public purposes? Is there a public interest? Or is it primarily a private endeavor organized by commercial enterprises to entertain the global public (and generate profit in the process), which is occasionally used by governments and leaders for raisons d’etat? Central to the idea of sport is the principle of fair play, which in the international context demands that games be free from political interference. However, it is impossible to separate sport from politics, all claims to the contrary notwithstanding. The most positive political use of international sport through the millennia has been to facilitate diplomacy. The use of international sport for diplomatic objectives has existed since at least the time of the ancient Olympic Games, around which was instituted the custom of the Ekecheiria, or Olympic Truce, between participating states to facilitate fair competition and diplomatic achievements by ensuring that participants could travel safely to the Olympiad. In his seminal work On Diplomacy (1987), diplomacy scholar James Der Derian characterized the objectives of diplomacy as overcoming alienation and mediating estrangement between governments and between peoples. One increasingly important diplomatic tool in the technology-infused media environment over the past century has been public diplomacy, under which governments and non-state diplomatic actors (e.g. transnational corporations) communicate to global publics about their international policy objectives and to shape their global brand image. Political scientist Michał Kobierecki, in his important book Sports Diplomacy (2020), views sports diplomacy as falling broadly within the ambit of public diplomacy, as international sport intimately involves the participation of global publics as spectators and consumers of global media. Diplomacy scholar Stuart Murray and this author, in a 2013 article, distinguish between international sport used for diplomatic purposes and international sport-as-diplomacy, which encompasses the range of diplomacy that occurs as teams and competitors, spectators and fans, and government officials all converge for international sporting events like the Olympic Games and FIFA World Cup. Diplomacy scholar H.E. Chehabi, in a 2001 article on US-Iran sports diplomacy, describes the interaction between spectators and fans at international sporting events as “people-to-people diplomacy,” in which relationships develop independently of governments and their objectives. Diplomacy by the aforementioned definitions is often unsuccessful. Moreover, all too often the tools of diplomacy may be employed by governments and other actors to thwart or oppose the objectives of diplomacy as characterized by Der Derian. Governments routinely use the tools of public diplomacy to disseminate propaganda, spreading misinformation in the attempt to deceive global publics about their objectives and to create misleading impressions about their brand identity. Within sports diplomacy, the term “sportswashing” has been coined recently to describe how governments invest in and promote international sport to create positive global public impressions of their nations and, in doing so, to distract the global public from their deficient records in areas such as human rights and democratic governance. Murray, in his 2018 book Sports Diplomacy: Origins, Theory and Practice, introduces the concept of sports anti-diplomacy, wherein governments intentionally use international sport to advance aggressive and nationalistic objectives. Obvious historical examples include Hitler’s use of the 1936 Berlin Olympics to glorify his Third Reich and the 1969 El Salvador-Honduras football “war.” SUGGESTED READING The beautiful game made ugly By Emily Ryall FIFA argues that it is and seeks to be apolitical in its stewardship of international Association Football (soccer). FIFA policies governing bids to host the World Cup require uninhibited and non-discriminatory access for players, team staff, and spectators of all participating countries to host nations and venues. It became clear soon after Trump returned to power in the United States in January 2025 that Trump’s political intentions and objectives to limit non-US citizens from living and working in the United States and, in numerous cases, even visiting the country, would collide with FIFA’s host nation policies. Beginning soon after the start of the second Trump administration, US federal authorities imposed restrictions on entry to the United States of citizens of between 20 and 40 countries for any purpose, with only limited exceptions. Federal Immigration and Customs Enforcement (ICE) began arresting non-US citizens in the United States, including persons with and without legal status, holding them in jails, concentration camps, and other detention facilities until they were deported to their home or third countries, where they faced substantive risks to their personal safety. FIFA boss Gianni Infantino, in an effort to ensure the most successful and lucrative World Cup in history, engaged diplomatically with President Trump in an attempt to facilitate entry to the US for World Cup participants. Infantino did all in his power to ingratiate himself with Trump, to the extent of creating a FIFA “Peace Prize,” which he awarded to Trump in December 2025 at a ceremony in the then Trump-controlled John F. Kennedy Center for the Performing Arts in Washington, DC, on the occasion of the World Cup draw. The prize was an ersatz consolation for someone who aspired in vain to win the rather more prestigious and well-known Nobel Peace Prize. And in the run-up to the World Cup, conditions became worse. In February 2026, Trump and Israeli Prime Minister Benjamin Netanyahu launched a war of aggression against Iran, illegal under international law, under the false pretence that Iran’s government was preparing to attack the United States and Israel. During the US aerial bombardment of Iran, US planes bombed Azadi Stadium, the facility where Iran’s national football team trained. As the 2026 FIFA World Cup began, it was clear that Infantino’s efforts had been for naught: the Trump administration would not adhere to FIFA policies governing access to World Cup host nations. World Cup referee Omar Artan, a citizen of Somalia, was denied a US visa to enter the United States to participate in the World Cup. Trump’s government only granted US visas to Iran’s football team ten days before they were scheduled to arrive for the tournament. Numerous members of the support staff for Iran’s team were denied US visas. Iran’s team, which had been scheduled to train in Arizona, was directed to shift its training site to Tijuana, Mexico, notwithstanding that all three of their group stage matches took place at US venues. The US Department of Homeland Security only permitted the Iranian team to enter the US on the day before each scheduled match and then to return to Mexico immediately after playing. Members of Iraq’s and Switzerland’s football teams were delayed for hours by US officials at the US border, and an Iraqi team photographer was refused entry. Spectators and fans from Haïti and Iran were denied entry to the United States altogether. A large number of fans from a range of countries had their applications for US visas rejected. There were multiple off-ramps through which participants could have avoided the negative consequences of Trump’s decisions for the 2026 World Cup. Once it was clear that the Trump government intended to violate the established expectations for World Cup hosts, FIFA could have shifted the matches scheduled to take place in the United States to Mexico and Canada. The three nations were already designated as co-hosts, and host cities and venues had been selected. Once it was clear that FIFA, governed by FIFA boss Gianni Infantino’s dependent and dysfunctional relationship with Trump, would never consider this option on its own, it fell to the national football federations to act. The national federations, particularly some combination of federations of the leading contenders (France, Spain, Brazil, Argentina, Morocco, England, Germany, etc.), could have refused to participate under the US-imposed conditions or, at the least, demanded an ironclad agreement with the Trump government that FIFA policies on access would be respected. ___ International sport is inextricably entangled with diplomacy of different sorts, for good or ill, it cannot be considered to be in the purely private realm and left to revenue-maximizing private actors. ___ Why did neither FIFA nor the national football federations act to protect the interests of players, team staff, referees, fans, and spectators? In essence, the relentless engines of capitalism prevailed over norm observance, ethics, and fair play. The revenue interests of FIFA, sponsors, global media, and host cities won out. FIFA’s managers viewed hosting another World Cup principally in the United States as a veritable pot of gold for FIFA and its collaborators. FIFA has estimated its own revenue over the 2023-26 budget cycle, which includes the 2026 World Cup, at $13 billion, revised up from an initial projection of $11 billion, and 72% higher than the previous revenue cycle. Of that total, FIFA is estimated to have generated $8.9 billion from the Cup itself in revenue from TV rights ($3.92 billion), sponsorships ($2.69 billion), ticket sales ($3.1 billion), licensing rights, and other sources. A joint study by FIFA and the World Trade Organization estimates that the World Cup will contribute over $40 billion to global GDP, including nearly $14 billion in direct visitor spending in the three host countries (but principally in the United States, which hosted the lion’s share of the matches). The FIFA World Cup is now reportedly “the single most lucrative recurring commercial property in global sport.” And yet, notwithstanding the Trump government’s uses of the World Cup for sports anti-diplomacy, and the climate of anxiety that this created for participants and spectators, diplomacy that did not depend upon governments was able to thrive at the World Cup. Examples of successful people-to-people diplomacy were legion, as citizens of towns and cities across the States, as well as in Mexico and Canada, welcomed team members, their families and supporters, to training sites across North America. Fans of different teams joined together in person in stadiums for matches, at watch parties and bars, and at welcome events sponsored by host cities. The joy and camaraderie shared between the citizenry of Boston and Scotland’s “Tartan Army” of fans is but one example of how the “Beautiful Game” brings people together. Friendships forged across continents are likely to endure well beyond the Cup final. Even those achievements cannot be seen as unalloyed, however. As South African football fan Byron Pillay commented to Al Jazeera, “Football is called the Beautiful Game for a reason, for its ability to unite people. But it’s hard to believe in that magic with the politics and war rhetoric off the field of play, especially when one of the tournament hosts is central to that.” Ultimately, the experience of the 2026 FIFA World Cup illustrates that, as international sport is inextricably entangled with diplomacy of different sorts, for good or ill, it cannot be considered to be in the purely private realm and left to revenue-maximizing private actors. As long as there is the possibility of diplomatic progress in mediating estrangement between governments or between peoples, there is a broad and overarching public interest in international sport. Likewise, as it would be difficult to put on an international sport mega-event without international sporting organizations like FIFA and the International Olympic Committee (IOC), global media firms, and companies purchasing sponsorships, public and private interests in international sport must coexist, most likely somewhere on a shifting spectrum between partnership and rivalry or cross purposes. As the World Cup wraps up, the IOC needs to consider its lessons before the scheduled 2028 Los Angeles Olympics if they want to avoid a media-hyped Trump version of the 1936 Berlin Olympiad. The IOC and the National Olympic Committees need to set conditions on and make demands of Trump’s government with clearly articulated consequences for non-compliance, up to and including cancellation of the Games. Time is running out for the IOC, as unlike with the FIFA World Cup, there is no at-the-ready alternate venue for Los Angeles.

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Jul 16 • 8:00 PM EDT • Politics • iai.tv
N.Y. spending risks long term financial stability, state comptroller report says

The report shows spending continues to grow on programs like healthcare, education and childcare, but total reserves haven't kept up pace.

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Jul 16 • 4:32 PM EDT • Politics • spectrumlocalnews.com
Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds

NEW YORK (AP) — Shoppers slowed their spending in June from May as amid continuing economic uncertainty and fading benefits from generous government tax refunds. Retail sales rose 0.2% in June…

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Jul 16 • 9:01 AM EDT • Business • wtop.com
Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds

Shoppers slowed their spending in June from May amid continuing economic uncertainty and fading benefits from generous government tax refunds.

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Jul 16 • 8:45 AM EDT • Business • seattletimes.com
National Health Expenditures Expect to Grow Through 2034

More spending, fewer insured: New projections reveal healthcare trends.

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Jul 16 • 8:00 AM EDT • Health • docwirenews.com
TSMC Adds $100 Billion to Its U.S. Spending Plan

The pledge from the Taiwanese chip-making giant brought the total commitment to its fast-growing operations in Arizona to $265 billion.

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Jul 16 • 5:16 AM EDT • Business • nytimes.com
Team Welch demanded ‘misleading’ ad’s removal. Crist’s camp replaced it

A political committee backing Charlie Crist uploaded a new ad calling out City Hall spending with tweaked language.

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Jul 15 • 7:25 PM EDT • Politics • tampabay.com
House Republicans unveil $95B plan for Iran war, farm aid and elections

The package would be a sequel to the massive tax and spending cut bill President Donald Trump signed into law last year

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Jul 15 • 11:34 AM EDT • Politics • spectrumlocalnews.com
House Republicans release $95 billion spending bill with no offsets, which could endanger support

Republicans are racing to get money for the Pentagon and farm aid, but fiscal hawks have been asking to balance the budget request.

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Jul 15 • 11:18 AM EDT • Politics • washingtonpost.com
Insight hospital in Coldwater temporarily suspending inpatient behavioral health services

Inpatient behavioral health services will be temporarily suspended at Insight hospital in one week.

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Jul 15 • 8:13 AM EDT • Health • wwmt.com
Forrester’s 2027 Budget Planning Guides: After A Year Of Caution, Business And Tech Leaders Are Ready To Invest Again

CAMBRIDGE, Mass., July 15, 2026--According to Forrester’s (Nasdaq: FORR) 2027 Budget Planning Guides, business and technology leaders are approaching 2027 with renewed confidence as they increasingly accept volatility as a permanent feature of the business environment. After a year of more cautious spending, more than 80% of leaders expect their budgets to increase over the next 12 months, with as many as one-quarter anticipating growth of 10% or more. But planning in the age of AI demands more

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Jul 15 • 5:00 AM EDT • Business • finance.yahoo.com
Will UK Affordability Checks and Prediction-Market Scrutiny Change Flutter Entertainment's (FLUT) Regulatory Risk Narrative?

In recent days, UK gambling bosses, including Flutter Entertainment via the Betting and Gaming Council, have been weighing legal action against the Gambling Commission’s plan to introduce affordability checks for online customers spending over £1,000 within 24 hours, arguing the rules rely on weak evidence and could push bettors toward less regulated operators. At the same time, investor Michael Burry’s interest in Flutter, partly based on expectations that prediction markets may face...

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Jul 14 • 7:16 PM EDT • Entertainment • finance.yahoo.com
Taylor Riggs: This is an economy that's open for business

'The Big Money Show' co-host Taylor Riggs reports on major banks like JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo delivering blowout profits in Q2, indicating a resilient economy and strong consumer spending.

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Jul 14 • 6:08 PM EDT • Business • foxbusiness.com
IBM shares plunge as AI spending boom disrupts business

Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure.A global rush by tech companies to build out artificial intelligence infrastructure has sent demand for servers, memory chips and storage soaring, driving up prices and creating supply shortages across the industry.

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Jul 14 • 2:42 PM EDT • Business • finance.yahoo.com
Chamath Palihapitiya: Some CFOs are in for a tokenmaxxing shock

AI spending ballooned as companies pushed workers to use more tokens. Chamath Palihapitiya says CFOs may soon feel the hangover.

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Jul 14 • 11:57 AM EDT • Business • businessinsider.com
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI

IBM's preliminary second-quarter revenue forecast ​came below Wall Street estimate ‌on Tuesday, as customers prioritized spending on AI infrastructure, including servers, ​storage and memory purchases, sending ​its shares slumping 17% in ⁠premarket trading.

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Jul 14 • 7:10 AM EDT • Business • reuters.com
GOP health fraud fight escalates

Republicans are hoping GOP-led efforts to combat health care fraud could help pay for a new spending package.

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Jul 14 • 6:00 AM EDT • Health • politico.com
CBO is looking at how fighting health care fraud could help GOP boost defense spending - Live Updates

House GOP lawmakers are searching for savings to help fund their latest spending package, and want CBO to examine the Trump administration's fraud crackdown.

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Jul 13 • 5:13 PM EDT • Health • politico.com
Opinion | Alabama politics costs so much because power is worth buying

Alabama’s $40.6 million primary spending reveals how money, access and human nature can reshape the obligations of public office itself.

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Jul 13 • 9:22 AM EDT • Politics • alreporter.com
Graham’s death complicates Senate Republicans’ packed agenda

Republicans return to Washington facing a thinner working margin, stalled spending bills and a fight over Trump’s attorney general nominee.

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Jul 13 • 5:00 AM EDT • Politics • washingtonpost.com