Latest in Spending Beats Expectations
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Ford beats earnings expectations but forecasts tougher year ahead
Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for the company.CNBC - 1d -
Uber beats fourth-quarter revenue expectations but offers soft guidance
Uber's mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting $6.77 billion.CNBC - 1d -
Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off
The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business and stock price.CNBC - 2d -
Pfizer’s stock falls despite fourth-quarter revenue and earnings beat. This analyst expects growth to accelerate.
Pfizer Inc. shares fell 2% Tuesday despite the drugmaker topping Wall Street’s revenue and profit estimates in its fourth-quarter results.MarketWatch - 2d -
Snip, snip: Spending cuts are coming
The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion fThe Hill - 2d -
Steep levies are expected on an array of goods.
White House officials said the president would impose steep levies on Saturday as punishment for the countries allowing drugs and migrants into the United States.The New York Times - 5d -
What to expect from the Grammys this weekend
Chris Willman is the senior music writer and chief music critic for Variety. He joined CBS News to discuss the potential winners and performances at Sunday's Grammys.CBS News - 6d -
How to spend it in February
HTSI writers pick the best food, fashion, auctions, exhibitions and adventures for the month aheadFinancial Times - 6d -
Apple reports sagging iPhone sales in China as first-quarter earnings barely beat Wall Street’s expectations
Investors pay close attention to tech company’s foray into AI after Apple Intelligence’s glitches and inaccuracies. Apple slightly beat analysts’ expectations in its first-quarter earnings for ...The Guardian - Jan. 30 -
Levi beats earnings estimates but expects pressure this year from strong U.S. dollar
Levi expects its sales to slow in the current fiscal year because of the strong U.S. dollar and one fewer selling week.CNBC - Jan. 29 -
Steinbrenner: 'Difficult' to spend like Dodgers
Yankees owner Hal Steinbrenner said it is "difficult" for other teams to keep up with the Dodgers' offseason spending.ESPN - Jan. 29 -
GM stock falls even as company beats analyst expectations on earnings
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.CNBC - Jan. 28 -
Democrats to hold ‘emergency’ meeting on Trump’s spending freeze
House Democratic leaders have arranged an “emergency” meeting of the full caucus on Wednesday in response to President Trump’s decision to freeze a large chunk of federal spending. The meeting, ...The Hill - Jan. 28 -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - Jan. 27 -
Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - Jan. 27 -
A look at Trump's NATO spending targets
Presented by Lockheed Martin — The U.S. spends around 3 percent of economic output on defense {beacon} Defense &National Security Defense &National Security The Big Story Unpacking Trump's push ...The Hill - Jan. 24 -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Chelsea's Lawrence expects 'battle' with Arsenal
Chelsea and Canada defender Ashley Lawrence has said the upcoming London derby against Arsenal will be a "tough battle" and a "really good test" for her side after an unbeaten start to the season.ESPN - Jan. 23 -
Adidas Shares Jump After Preliminary Results Beat Expectations
The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.The Wall Street Journal - Jan. 22 -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
These hedge-fund legends beat their peers. But a simple model beat them.
The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is far less expensive.MarketWatch - Jan. 21 -
Here Are Trump’s Expected Executive Orders
The president moved swiftly in his first hours in office, signing a slew of executive orders in front of a roaring crowd and then in the Oval Office.The New York Times - Jan. 21 -
Vivek Ramaswamy expected to depart DOGE
Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.CBS News - Jan. 19 -
Biden to Spend a Last Day as President in Charleston
President Biden will spend his final full day in office in Charleston, S.C., where five years ago he revived his flailing campaign.The New York Times - Jan. 19 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
Pence expected to attend Trump inauguration
Former Vice President Mike Pence is planning to attend President-elect Trump’s inauguration on Monday, a source familiar with his plans told The Hill. Pence will likely be one of many current and ...The Hill - Jan. 18 -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - Jan. 17 -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.The Wall Street Journal - Jan. 17 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - Jan. 13 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9
