Spending Accelerating

Paul Tudor Jones says market reckoning on spending is coming after election: 'We are going to be broke'

Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.

Business - CNBC - October 22

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - 5 days ago

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - 5 days ago

New ‘RBG PAC’ Spending $19 Million From Secret Donors to Aid Trump on Abortion

A Republican super PAC is running ads invoking the name of Ruth Bader Ginsburg to help Donald Trump win voters who favor abortion rights. Her family denounced the effort as “nothing short of ...

Top stories - The New York Times - 5 days ago

We have $1.2 million for retirement, but my husband won’t let me spend it

Which one of us needs to change?

Business - MarketWatch - 2 days ago

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - Yesterday

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...

World - The Guardian - 13 hours ago

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

Possible Trump Treasury secretary says he'd work with Musk to cut federal spending

Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...

Politics - The Hill - 16 hours ago

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - 14 hours ago

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - 11 hours ago

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.

Business - CNBC - 10 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 - 5 hours ago

Asia needs to spend much more to adapt to climate change and limit its damage, bank study says

A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...

World - ABC News - 4 hours ago

At last, a government willing to spend – but this budget will expose it to two great dangers | Aditya Chakrabortty

The good news: more money is on the table. The problems lie around how it will be raised – and who doesn’t stand to benefit. Change. That’s what Keir Starmer promised, isn’t it? In white letters ...

World - The Guardian - 1 hour ago

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