Record Defense Spending

Steve Bannon says spending four months in prison 'empowered' him

Steve Bannon, the right-wing podcast host and former Donald Trump campaign official, held a press conference following his release from prison. Bannon claimed he had been "a political prisoner" ...

Politics - NBC News - October 29

Visa says spending trends are stable, and this time Wall Street agrees

Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.

Business - MarketWatch - 6 days ago

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - 5 days ago

EU should spend 20% of budget on security and climate disasters, report says

Finland’s former president reports on cost of Europe’s preparedness for multiple crises

Business - Financial Times - 6 days ago

U.S. economy grew 2.8% last quarter, powered by consumer spending

Consumer confidence soared in October, signaling that Americans may continue to open their wallets.

Expert on how much is too much in presidential campaign spending

Vice President Harris leads in fundraising, topping a billion dollars, while many Americans support limits on campaign spending. Daniel Weiner, director of elections and government at the Brennan ...

Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?

Digital asset companies are the biggest corporate donors in 2024

Business - MarketWatch - 6 days ago

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - 6 days ago

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - 6 days ago

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...

World - The Guardian - 6 days ago

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 transparency

World - 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 ...

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 technology

Business - 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 - 5 days ago

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - 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 ...