Latest in Doom Spend Report
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United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend and fly more to earn elite benefits next year.Business - CNBC - 6 days ago -
Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR
Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparencyWorld - Financial Times - 6 days ago -
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to the increasingly crowded ...Top stories - NBC News - 6 days ago -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - 5 days ago -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - 5 days ago -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 6 days ago -
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.Business - CNBC - 6 days ago -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 5 days ago -
Holiday spending tips to avoid impulse buys and stay on budget
A recent study reveals Gen Z and Millennials are most likely to make impulse buys during the holidays than Gen X and Baby Boomers. Jill Schlesinger joins "CBS Mornings Plus" with tips to make ...Top stories - CBS News - 5 days ago -
Struggle for Senate control goes down to the wire as spending shatters records
Billions of dollars in ads are raining down on voters across the Rust Belt, Rocky Mountains and American southwest as the two major political parties struggle for control of the U.S. SenateTop stories - ABC News - 5 days ago -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - 5 days ago -
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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The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - 4 days ago -
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 - Yesterday -
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 - 20 hours ago