Latest in Billion Spending Hit
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AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - 5 days ago -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - 4 days ago -
Rachel Reeves defiant after historic tax and spend Budget
Verdict of markets will be critical for UK chancellor’s plans to increase government borrowingBusiness - Financial Times - 4 days ago -
Construction spending ticks up to four-month high in September
Construction spending rose 0.1% in September, the Commerce Department reported Friday.Business - MarketWatch - 4 days ago -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - 4 days ago -
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Musk draws skepticism with call for $2 trillion in spending cuts
Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...Politics - The Hill - 2 days ago -
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Hidden behind the budget is a terrible bombshell: billions in cuts for disabled people | Frances Ryan
The DWP confirms that draconian ‘savings’ are coming down the track. Are we a nation that will repair hospitals, but not help a nurse with long Covid?. In the days after the budget, the headlines ...World - The Guardian - 23 hours ago -
Election Day Can Be Stressful. Here’s How Some People Plan to Spend It.
Watching the news, attending election parties, singing with friends and getting Botox are among the activities some people have planned.Lifestyle - The New York Times - 19 hours ago -
Wells Fargo Tripled State-Level Political Spending Since 2014
The bank has steered donations to groups seeking to influence state legislatures, attorneys general, and gubernatorial elections.Business - Inc. - 13 hours ago -
Trump and Harris spend $3.5bn in most expensive presidential election
FT analysis of campaign filings shows candidates raised $4.2bn in race for the White HouseBusiness - Financial Times - 12 hours ago -
The presidential election is prompting some Americans to 'doom spend,' report finds
Some Americans are "doom spending" as a coping mechanism for worries about the presidential election and inflation, according to a new survey.Business - CNBC - 9 hours ago