Sees Billion Spending

Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan

A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.

Business - Inc. - November 5

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 - October 31

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

Brazil freezes spending at $3.33 billion to comply with fiscal rules

World - Yahoo News - Yesterday

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - October 28

Fund entrepreneur Peter Hargreaves: ‘I can never see the point of spending money for the sake of it’

The Hargreaves Lansdown co-founder on building one of the UK’s most valuable companies, his take on the Neil Woodford scandal — and why he regrets buying a private jet

Business - Financial Times - November 9

Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says

Millennials plan to spend more than any other generation for the holidays, a new survey says. But using credit cards or payment plans may come at a high cost.

Business - CNBC - 2 hours ago

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - October 30

Americans spend $300 billion a year on gift cards. Why some experts say they should stop.

“Gift cards are a good idea for everybody but the person who receives them.”

Business - MarketWatch - November 13

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.

Business - CNBC - 3 days ago

President Joe Biden has forgiven over $166 billion in student debt—see how much in each state

Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.

Business - CNBC - November 15

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

Is the UK spending enough on defence?

And what Trump 2.0 could mean for Ukraine.

Where Some See Taboos, They See Opportunity

The founders of Starface took the shame out of blemishes. Now, they’re hoping to make it less risky to use recreational drugs and alcohol.

Lifestyle - The New York Times - October 30

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

Spend $1,800 On Jewelry, Get A PS5

The holiday season is coming up, and if you're looking to spend a lot of money on jewelry, you could get a PlayStation 5 for "free." Premium jewelry brand Helzberg has announced a new and ...

Tech - GameSpot - November 12

Will DOGE put spending on the chopping block?

President-elect Donald J. Trump has tapped Elon Musk and Vivek Ramaswamy to head up a non-governmental Department of Government Efficiency to recommend what government programs should be cut, with ...

Politics - The Hill - 3 days ago

How Israelis see the U.S. election

With Israel at war in Gaza and in Lebanon, and led by the most right-wing government in its modern history, the Middle East is closely watching the results of the U.S. election, which could ...

The Trump vibe shift was there for all to see

Voters didn’t enter the polling booths holding their noses; they went in with their eyes wide open

World - Financial Times - 11 hours ago

MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...

Business - MarketWatch - November 11

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Harris to spend election night at Howard University

Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...

Politics - The Hill - October 30

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - October 30

The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - October 31

Abortion-rights groups outspend opponents by more than 6 to 1 in ballot measure campaigns

The groups promoting abortion-rights amendments on the ballots in nine states have outraised their opponents by more than 6 to 1 and are spending far more on ads

Health - ABC News - October 31

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Business - The New York Times - October 31

Rachel Reeves loosens UK welfare spending target

Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

World - Financial Times - November 2

How Harris and Trump are spending eve of Election Day

Vice President Kamala Harris and former President Donald Trump are spending the last hours of the 2024 presidential race making their final pitches at rallies in several battleground states. CBS ...

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