Increased Ai Spending

Increased December Consumer Spending Bodes Well for 2025 Growth

New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.

Inc. - Jan. 16

Bessent says US should increase sanctions on Russian oil companies

Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regime

Financial Times - Jan. 16

Bessent open to increasing sanctions on Russia

Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...

The Hill - Jan. 16

Cancer cases are increasing in women while declining in men, report finds

Cancer cases are shifting from men to women in the U.S., and from older to younger adults, according to a new report from the American Cancer Society.

NBC News - Jan. 16

How wildfires increase financial risk for utility companies

As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructure

Financial Times - Jan. 16

Treasury Says Pandemic Spending Saved Jobs

Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.

Inc. - Jan. 15

Climate ‘whiplash’ events increasing exponentially around world

Global heating means atmosphere can drive both extreme droughts and floods with rapid switches. Climate “whiplash” between extremely wet and dry conditions, which spurred catastrophic fires in Los ...

The Guardian - Jan. 15

German defence minister says military spending must keep increasing

Yahoo News - Jan. 13

UK manufacturers increase pressure on government over industrial strategy

Despite gloomy outlook on business costs, executives report ‘heightened optimism’ about investment

Financial Times - Jan. 13

UK pledges huge increase in computing capacity to build AI industry

Labour to expand sovereign computing power in response to report by British venture capitalist

Financial Times - Jan. 12

Los Angeles Fire Department budget sustained cuts but saw overall increase

Los Angeles Fire Department budget sustained cuts but saw an overall increase.

ABC News - Jan. 11

California fires weather forecast: Strong winds expected to increase fire danger

There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.

ABC News - Jan. 11

How a Driving Instructor to the Stars Spends Her Sundays

Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.

The New York Times - Jan. 11

Reward for capture of Venezuela's Maduro increased to $25 million

The increase to $25 million reflects "the gravity of his crimes and the continued threat he poses," a senior official said.

CBS News - Jan. 10

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - Jan. 10

Why are the A's spending big this winter as they relocate to Sacramento?

Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.

Yahoo Sports - Jan. 9

Park City Strike Ends With Increase in Wages for Ski Patrollers

The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online fury about deepening economic inequality in rural mountain areas.

The New York Times - Jan. 9

Tesco and M&S warn of rising costs but pledge to minimise price increases

Shares in retailers fall despite positive Christmas trading

Financial Times - Jan. 9

Infinite Reality raises $3B to increase its immersive tech portfolio

Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.

VentureBeat - Jan. 8

Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill

Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...

The Hill - Jan. 7

‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.

The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.

MarketWatch - Jan. 7

Sources: A's keep spending with Rooker extension

Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...

ESPN - Jan. 7

Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows

Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.

NBC News - Jan. 7

Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.

CNBC - Jan. 7

Next blames clothes price rises on wage increases set out in Budget

The retailer expects employee costs to increase by £73m due in part to rising National Insurance

BBC News - Jan. 7

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - Jan. 7

Biden signs bill to increase Social Security benefits for millions of public workers

The Social Security Fairness Act repeals two provisions that reduced Social Security benefits for some public workers who also receive pensions.

CNBC - Jan. 6

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

Some Baseball Teams Won’t Spend Money, and It’s a Problem

Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.

The New York Times - Jan. 6

UK businesses plan price increases as Budget drives up costs

Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce

Financial Times - Jan. 5

How increased Israeli military activity is changing the Middle East

The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...

CBS News - Jan. 4

Isak extends Newcastle hot streak to increase heat on Postecoglou’s Spurs

Ange Postecoglou stood, as he always does, hands in pockets, at the edge of his technical area. It had been another frustrating afternoon, a defeat that means Spurs have now won just one of their ...

The Guardian - Jan. 4

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

CNBC - Jan. 4

Europe readies for scattergun defence-spend bonanza

Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spread

Financial Times - Jan. 4

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - Jan. 3

Pokemon Go Community Day Ticket Prices Increased For January Event

Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...

GameSpot - Jan. 3

The Biggest U.S. Retailers Increased Their Dominance in 2024

Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.

Inc. - Jan. 3

French Quarter fully reopens to the public with increased security days after attack

The younger brother of the driver in the New Year’s Day terrorist attack on Bourbon Street said he’s shocked by his brother’s actions and there were no red flags beforehand.