Latest in Spending Beats Expectations
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UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - Jan. 22 -
What to expect as historic snowstorm slams the South
The first-ever blizzard warning has been issued for parts of the Texas and Louisiana coast as a historic snowstorm hits the South.ABC News - Jan. 21 -
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 -
Cranswick Expects Results in Line With Market Views
The food producer expects its full-year trading to be in line with market expectations after “excellent volume growth” across its core U.K. business.The Wall Street Journal - 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 -
Breaking down Trump's expected economic impact
President Trump's economic impact could be determined by his take on big tech, immigration policies and cryptocurrencies. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Jan. 20 -
Immigration raids expected as Trump takes office
Americans are awaiting President Trump's next steps on immigration and border security as he begins his second term in the White House. CBS News' Lilia Luciano and Omar Villafranca report.CBS News - Jan. 20 -
Cruz expects to see TikTok sale under Trump
Sen. Ted Cruz (R-Texas) said Monday that he expects to see TikTok sold under President-elect Trump, as the incoming president has vowed to protect the app. “Well, the statute allowed for a 90-day ...The Hill - Jan. 20 -
Leadership in 2025: What to Expect and How to Prep
Being a CEO will look different in 2025. Here’s how to stay up to date.Inc. - Jan. 20 -
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 -
Israel approves Gaza ceasefire, expected to begin Sunday
Israel's cabinet voted overnight to approve the long-awaited Gaza ceasefire and hostage-prisoner release deal. Dozens of Israeli hostages are set to be freed in the first phase, which is begins ...CBS News - Jan. 18 -
Mike Pence expected to attend Trump's inauguration
Saturday's events will include a reception for the president-elect and fireworks, according to Trump's inaugural committee's events schedule.NBC News - Jan. 18 -
What to expect as temperatures plunge next week
The snow and wind will affect more than the presidential inauguration. Lonnie Quinn has the latest on the timing of next week's "big chill."CBS News - Jan. 17 -
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 -
Army expects to meet recruiting goals, in dramatic turnaround
The U.S. Army expects to meet its enlistment goals for 2025ABC News - Jan. 17 -
Saab Expects Sales Growth to Top Guidance
The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.The Wall Street Journal - 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 -
Pete Hegseth is expected to be grilled in confirmation hearing
President-elect Trump’s pick for secretary of defense, Pete Hegseth, is expected to be grilled during his confirmation hearing over allegations of sexual and financial misconduct and alcohol abuse. ...NBC News - Jan. 13 -
Trump, Putin call expected soon, Waltz says
President-elect Trump and Russian President Vladimir Putin are expected to have a phone call in the coming days or weeks, Trump’s incoming national security adviser, Rep. Mike Waltz (R-Fla.), said ...The Hill - Jan. 13 -
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 -
Lakers, Clips expected to resume home slate Mon.
After the postponement of three games in the L.A. area due to ongoing wildfires, the Lakers and the Clippers are expected to return to action with home games Monday.ESPN - Jan. 13 -
Don’t expect Mark Zuckerberg to save social media
Mark Zuckerberg's decision to do away with fact-checkers on Facebook and Instagram is not a solution to the problem of centralized power over speech, and congressional action is needed to dilute ...The Hill - Jan. 11 -
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 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 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 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS 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 -
Key moments to expect at Jimmy Carter's state funeral
Norah O'Donnell previews the special coverage of former President Jimmy Carter's state funeral, highlighting what to expect as the nation bids farewell to the 39th president at the Washington ...CBS News - Jan. 9