Latest in Pac Spending
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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 - October 31 -
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 - October 31 -
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 - November 1 -
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 - November 1 -
Construction spending ticks up to four-month high in September
Construction spending rose 0.1% in September, the Commerce Department reported Friday.Business - MarketWatch - November 1 -
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 - November 1 -
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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 - November 1 -
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 - November 3 -
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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 - November 5 -
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 - November 5 -
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. - November 5 -
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 - November 5 -
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 - November 5
