Latest in Bet Spending
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U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - 8 hours ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 15 hours ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Cabinet fightback: the revolt over spending
Plus, the English justice system in crisisWorld - Financial Times - October 18 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
Companies curb UK advertising spending ahead of the Budget
Marketing budgets fail to grow for the first time in 14 quarters, trade body findsBusiness - Financial Times - October 16 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
Harris to spend election night at Howard University
Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...Politics - The Hill - Yesterday -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - Yesterday -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - Yesterday -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - Yesterday -
The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'
Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.Top stories - BBC News - 21 hours ago -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - 9 hours ago -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - 12 hours ago -
Abortion-rights groups outspend opponents by more than 6 to 1 in ballot measure campaigns
The groups promoting abortion-rights amendments on the ballots in nine states have outraised their opponents by more than 6 to 1 and are spending far more on adsHealth - ABC News - 9 hours ago -
US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - Yesterday -
NBA betting: Three futures bets to make on all 30 teams this season
While not every team is a contender, each one offers a chance to make a betSports - ESPN - October 21 -
The Magnificent 7: place your bets
And the sustainability of US growth outperformanceWorld - Financial Times - 2 days ago -
Concerns over 2024 election betting
New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at ...Top stories - CBS News - 5 hours ago -
Demis Hassabis’s drug discovery start-up accelerates spending to ‘solve’ diseases
Losses widen at Isomorphic Labs, as new Nobel Prize winner pushes forward with effort to use AI in healthcareBusiness - Financial Times - October 14 -
Cruz calls out McConnell-aligned group for not spending 'a penny' in Texas
Texas Sen. Ted Cruz (R) vented his frustration with the Senate Leadership Fund, a super PAC aligned with Senate Republican Leader Mitch McConnell (Ky.), for not spending any money in his ...Politics - The Hill - October 14 -
UK must show ‘swagger’ to attract spending, investment minister says
Keir Starmer ‘supports’ rather than ‘degrades’ businesses, Poppy Gustafsson tells FTBusiness - Financial Times - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
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Russian man rescued after spending 67 days adrift
Officials say Mikhail Pichugin was found with the bodies of his brother and his 15-year-old nephew.Top stories - BBC News - October 16 -
Starmer and Reeves face down cabinet revolt over spending cuts
Ministers complain about Treasury approach as prime minister and chancellor finalise October 30 BudgetBusiness - Financial Times - October 16 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.Business - MarketWatch - October 18 -
Here's How Many Hours Netflix Users Spend On The Platform Every Day
People watch a lot of Netflix, but just how much do they watch? As part of Netflix's latest earnings briefing , the company revealed the number of hours the average paid subscriber watches: ...Tech - GameSpot - October 18 -
This Museum Is Old. But With $75 Million to Spend, Why Is It So Dingy?
Decades of mismanagement and financial neglect have turned the New York State Museum, a trove of national treasures, into a dreary place.Top stories - The New York Times - October 19