US Government Shutdown Crisis Looms Over Political Standoff
Growing fears of another US government shutdown as political tensions escalate between Democrats and Republicans over spending bills, with American families caught in the crossfire.
Category : Search result: federal spending
US Government Shutdown Looms as Funding Deadline Nears
America faces imminent government shutdown as political deadlock over funding intensifies. Critical services at risk as Trump administration takes hardline stance in budget negotiations.
Trump and Vance push for government shutdown over spending
Donald Trump and running mate JD Vance push Republicans toward October government shutdown in aggressive spending confrontation with Democrats.
Trump's Supreme Court challenge over Fed's Lisa Cook
Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.
Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
US Shoppers Defy Recession Fears with Surprise Spending Spree
New data reveals a stunning paradox in the US economy: consumer spending soars to a six-month high despite deepening recession anxieties and soaring inflation. Discover the sectors booming against the odds.
Court Upholds Trump's Firing of Fed Governor Lisa Cook
A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power
Millions of Brits Too Scared to Enjoy Outdoors Due to Costs
Shocking new research shows the UK's cost-of-living crisis is forcing families to cancel summer plans, with millions too worried about finances to enjoy simple outdoor pleasures.
ICE Agent Shot in Critical Condition in Chicago
A US Immigration and Customs Enforcement agent is in critical condition after a targeted shooting in Chicago's West Side. Federal authorities are investigating the brazen daylight attack.
US Inflation Outpaces Wages, Census Data Reveals
Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.
Federal Agents Raid Chicago Suburb in Major Operation
The Chicago suburb of Evanston was the scene of a significant federal law enforcement operation on Monday, with agents from multiple agencies executing a search warrant at a residential property. The nature of the investigation remains undisclosed as auth
BBC spends £4k of licence fee cash on 'behaviour' mugs
The BBC is under fire after it was revealed the corporation spent thousands of pounds of licence fee money on branded mugs urging staff to 'call out bad behaviour', sparking outrage over wasteful spending.
Australian Household Spending Surge Defies Economic Gloom
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.
Trump's Plan to Strip Protections from US Federal Workforce
Exclusive: The Trump administration is advancing a sweeping plan to strip job protections from thousands of federal employees, potentially reshaping the US government's structure and igniting a fierce political battle over the future of the American civil
Trump Sued by Fed's Lisa Cook Over Discrimination Claims
Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh
Fed Governor Lisa Cook Sues Trump Over Dismissal
US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.
Who is Lisa Cook? The Economist Reshaping US Policy
An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.
UK Food Inflation Crashes to 18-Month Low
In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.
2008 Recession-Era Restaurant Deals Make Worrying Comeback
Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten
UK Retail Sales Crash Amid Soaring Inflation
New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.
Trump pledges federal crackdown on crime in Democrat cities
In a fiery campaign speech, Donald Trump pledges to send federal forces into Democrat-run cities like Chicago and Detroit to combat soaring crime rates, labelling them 'cesspools of violence'.
NHS spends £6.9m on spin doctors during GP crisis
Exclusive investigation reveals NHS splurged millions on PR and communications staff while GP practices struggle with funding shortages and patient backlogs.
Freshers Splurge £10k on 'Insane' Dorm Makeovers
A new trend sees British university freshmen spending thousands on luxury dorm room transformations, from custom furniture to high-end tech, sparking debates on student spending and social media influence.
Rat Infestation Costs Scots Police £500k
Police Scotland faces a growing rodent infestation crisis, diverting half a million pounds from its strained budget to emergency pest control services in stations and fleet vehicles.
Labour reveals £8.2m daily cost of asylum seeker hotels
Exclusive investigation reveals the full scale of UK asylum seeker hotel use under the Conservatives. Discover which towns are housing migrants and the staggering £8.2m daily cost to taxpayers.
Trump's National Guard Deployments Cost $1.5 Billion
Exclusive analysis uncovers the enormous financial burden of Donald Trump's extensive National Guard mobilisations during his presidency, with costs soaring into billions.
Kristi Noem Accused of Delaying Homeland Security Funds
Exclusive: South Dakota Governor Kristi Noem is under fire after a federal report accused her office of deliberately delaying sign-off on millions in Homeland Security funds, impacting local law enforcement and emergency services.
Trump's DC Hotel Grass Scandal: Taxpayer-Funded Turf
Exclusive investigation reveals Donald Trump's Washington DC hotel charged the government exorbitant fees for grass installation during his presidency, raising serious ethical concerns.
Pensioners injured on 'ski slope' paving after £1.3m council revamp
Multiple pensioners have been injured on a dangerously steep paved area in a British market town, following a controversial £1.3 million renovation by the local council that residents are branding a 'complete waste of money'.
Treasury's Fiscal Rules Become Dangerous Growth Bottleneck
Exclusive analysis reveals how the UK's rigid fiscal framework, designed for stability, is now actively hindering economic recovery, suppressing growth, and exacerbating the cost-of-living crisis. Experts warn the Treasury's orthodoxy is no longer fit for
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