Latest in Consumers Still 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 - October 31 -
Rachel Reeves loosens UK welfare spending target
Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’World - Financial Times - November 2 -
How Harris and Trump are spending eve of Election Day
Vice President Kamala Harris and former President Donald Trump are spending the last hours of the 2024 presidential race making their final pitches at rallies in several battleground states. CBS ...Top stories - CBS News - 5 days ago -
Where Harris and Trump will spend election night
Vice President Harris will spend election night at Howard University, her alma mater, while former President Trump will spend it at his Mar-a-Lago resort in Palm Beach, FL.Politics - The Hill - 4 days ago -
Elon Musk to watch results with Donald Trump
The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.Top stories - BBC News - 3 days ago -
How Harris and Trump are spending election night
Election Day 2024 is finally underway, and Americans are waiting to learn who will be the next occupant of the Oval Office. CBS News' Nancy Cordes and Tony Dokoupil report on how Vice President ...Top stories - CBS News - 4 days ago -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - Yesterday -
Is the US jobs market still booming?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - October 27 -
Cowboys: Confidence is still there with QB Rush
The Cowboys said they have confidence in backup quarterback Cooper Rush, who went 4-1 as a starter in place of an injured Dak Prescott in 2022.Sports - ESPN - Yesterday -
Goodbye to Democracy? Not Quite Yet.
In a year filled with elections, the state of democracy is thriving by many measures. But there are dark clouds on the horizon.Top stories - The New York Times - Yesterday -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
Sanofi Enters Exclusive Talks With CD&R Over Consumer Business Stake Sale
Sanofi moved ahead with a plan to sell a controlling stake in its consumer-healthcare unit Opella to Clayton Dubilier & Rice, entering exclusive talks for a deal that values the business at $17.4 ...Business - The Wall Street Journal - October 21 -
Consumer sentiment hits 6-month high as Republicans grow confident in Trump win
Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.Business - MarketWatch - October 25 -
These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - October 25 -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Six Flags’ revenue beats as theme-park operator says consumers flocked to its parks in October
Six Flags Entertainment Corp.’s stock rose 2.9% early Wednesday, after the theme-park operator’s third-quarter revenue beat consensus estimates and it said strong consumer demand continued through ...Business - MarketWatch - 3 days ago -
Consumer credit posts small increase as Americans cut back on credit-card purchases
The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.Business - MarketWatch - 2 days ago -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - Yesterday -
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