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Tag: Spending

Top federal agency with history of wasteful spending could be next DOGE target

Elon Musk's Chief's efforts to clean federal waste and fraud soon came to the Social Security Agency (SSA) in recent reactions and potentially creating fires with Democrats. The focus will shift the measures taken against the United States Organization for International Development (USAID). Created by the Social Security Act under President Franklin D. Roosevelt in […]

Trump to direct Musk to review Pentagon, Education spending

President Trump said Friday that he plans to direct Elon Musk to consider spending in the defense and education sectors as the new administration is working on a federal overhaul. “Pentagon, education, almost everything. Trump said in a presser with the Japanese Prime Minister and Prime Minister Isbaiba. “I told him to check his education […]

Amazon shares fall on struggle to keep up with AI demand despite $100B spending

Amazon's stock has been warned by CEO Andy Jassy that despite plans to spend $100 billion on capital spending this year, CEO Andy Jassy could face capacity constraints on cloud computing units. , down 4% on Friday. “It's true that without some of the capacity constraints, we could grow faster,” Jassy said in a revenue […]

Amazon shares slide as weak revenue, AI spending rattle investors

Amazon posted sales in the last quarter of last year, with Wall Street estimates on Thursday. The holiday shopping season has boosted strong retail, but investors have taken stock due to the weakness of cloud computing units. Amazon's stocks dropped 3.5% in extended trade after reporting, eliminating stock market value worth around $90 billion. According […]

‘Sesame Street in Iraq’: USAID’s ‘wasteful and dangerous’ spending exposed by senator

Republican Senator Joni Ernst, a member of the Republican Senator, published a list of projects and programs that the US International Development Organization (USAID) has been funding for many years, and has undergone taxpayers to the government's efficiency. It emphasizes as a “dangerous” expenditure (DOGE) intervention. “From tax leakage to dangerous research in Uhan, UsAID […]

Google slammed with $200B stock hit over AI spending fears, slowing revenue growth

Google Parent Alphabet shares have dropped to more than 8 % (wiping out the market value of $ 200 or more) after searching for a large increase in AI -related spending, despite the deceleration of revenue. Google and other high -tech companies in the United States have revealed that the Chinese Startup DeepSeek has trained […]

Politico staffers suggest Elon Musk spending crackdown caused late paychecks

Politico staff is struggling with staff who believe that they received direct deposits every other week this week and played a role in paying the elon Musk for government expenditures. According to USASASPENDING.GOV, Politico has recently received at least $ 8.2 million from the US government, of which $ 44,000 has come from the US […]