Latest in Reeves Spending
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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 - Yesterday -
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 - 2 hours 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 crisesBusiness - Financial Times - 14 hours 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.Top stories - CBS News - 14 hours ago -
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 ...Top stories - CBS News - 13 hours ago -
Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?
Digital asset companies are the biggest corporate donors in 2024Business - MarketWatch - 13 hours 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 healthBusiness - Financial Times - 7 hours 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 - 8 hours 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 - 10 hours 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 - 8 hours 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 - 7 hours 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 - 6 hours 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 - 5 hours ago