Drivers Spend
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1 dead, 14 injured after driver crashes into New Mexico store
The woman was apparently trying to park her vehicle and stepped on the accelerator instead of the brakes, police saidCBS News - Top stories -
Can Lia Block be the first U.S. woman driver in F1?
Lia Block could be the first U.S. woman driver in Formula One -- with a little help from Jamie Chadwick.ESPN - Sports -
Uber faces £250mn lawsuit from London’s black-cab drivers
Legal action set to revive long-simmering battle between US ride-hailing giant and UK capital’s taxi tradeFinancial Times - Business -
Fed Chair Jerome Powell Projects Optimism, But Inflation Data Are in the Driver's Seat
Some analysts warn of limits to how long the Fed can keep rate increases off the table.The Wall Street Journal - World - Federal Reserve -
Uber faces £250m London black cab drivers case
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.BBC News - Top stories -
Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
Giuliani’s Bankruptcy Creditors Demand to Know His Spending
Rudy Giuliani promised a bankruptcy court that he would limit his spending, but it didn’t take long before he broke that pledge, and by a lot.The New York Times - Top stories -
US teen averts tragedy by taking wheel after school bus driver falls ill
Eighth-grader Acie Holland from Wisconsin hailed as hero for quick thinking after he noticed driver had become unresponsive. An eighth grade student recently averted a tragedy when he brought a careening school bus carrying him and his fellow ...The Guardian - World -
More than 10,000 London black-cab drivers launch £250m Uber lawsuit
Individuals could win £25,000 or more if they are successful in claim Uber broke taxi booking rules. More than 10,500 of London’s black-cab drivers have launched a £250m legal case against Uber, accusing it of breaking the capital’s taxi booking ...The Guardian - World -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
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Investment arm of UK international development plans to boost Africa spending
Nick O’Donohoe says British International Investment ‘needs to be stepping forward’ as it eyes renewable energy sectorFinancial Times - World - United Kingdom -
Investment arm of UK international development plans to boost Africa spending
Nick O’Donohoe says British International Investment ‘needs to be stepping forward’ as it eyes renewable energy sectorFinancial Times - Business - United Kingdom -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Council spends £1.34m buying back land wrongly sold to developers
The council says it wrongly deemed the land as being surplus to requirements, back in 2017.BBC News - Top stories -
NBA offseason: What is the CBA’s second apron? And how does it limit high-spending teams?
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more than ever before.Yahoo Sports - Sports - NBA -
Walmart launched its bettergoodspremium foods private label,aiming to attract new shoppers andprompt customers to spend more.
Walmart launched its bettergoods premium foods private label, aiming to attract new shoppers and prompt customers to spend more.The Wall Street Journal - World -
Airbnb plans to list Paris museum, house owned by Prince on website
Airbnb says it's going to give customers a chance at overnight stays in a Paris museum, a bedroom filled with Ferrari racing cars, and other exotic settingsABC News - Entertainment -
People are spending less on fast food. That makes sense for consumers, even if it’s a red flag for companies — and the economy.
“Americans need to reprioritize their cash flow in difficult times,” according to one financial planner. “McDonald’s and Starbucks will survive.”MarketWatch - Business -
Norway to add millions more to historic increase in defense spending announced last month
The Norwegian center-left government says it wants to add 7 billion kroner, or $630 million to the Scandinavian country’s armed forces over the next 12 years amid increased tensions in the regionABC News - World -
I’m 62 with no debt and a part-time job. My advisers say keep saving, but my kids say spend — do I go for a Roth 401(k)?
“My salary was never high and I lived a frugal life to accumulate these savings.”MarketWatch - Business