Latest in Spending Beats Expectations
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Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
'I'll spend fans' money on Bahamas and yachts' - Collins hits back at crowd
Watch the moment and reaction of America's Danielle Collins taunting the Australian Open crowd after beating Australia's Destanee Aiava in the second round.BBC News - Jan. 16 -
Vought nomination signals bruising spending wars under Trump
The Senate’s confirmation hearing of Russell Vought, one of Washington’s staunchest advocates for cutting spending, offered a preview Wednesday of the bruising spending wars likely to consume ...The Hill - Jan. 16 -
How 'high-energy' Arsenal beat 'passive' Spurs
Match of the Day pundits Micah Richards and Alan Shearer discuss how Arsenal beat a "passive" Tottenham Hotspur 2-1 in the Premier League.BBC News - Jan. 16 -
Is transfer spending finally normal? Why a $100M player might be a thing of the past
Finances are stretched and clubs watch every penny now. Deflation is hitting the transfer market and it's why you won't see a massive deal anytime soon.ESPN - Jan. 15 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Why people are increasingly choosing to spend time away from others
In "The Anti-Social Century," Derek Thompson examines the rise of social isolation, a growing issue that predates the COVID-19 pandemic. He joins to discuss how people are increasingly choosing to ...CBS News - Jan. 15 -
'Swaps' and homegrown sales - how clubs kept to spending rules
'PSR deadline day' and selling homegrown players - how clubs deemed at risk stayed within Premier League spending rules.BBC News - Jan. 14 -
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 -
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Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 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 -
Klopp watches on as RB Leipzig beat Bremen
New Red Bull Head of global soccer Jürgen Klopp watched from the stands on Sunday as RB Leipzig beat Werder Bremen 4-2 in the Bundesliga.ESPN - Jan. 12 -
The internet wants me to spend £500 on a jumper. How can I say no?
I already have too much stuff – and every time I go online I’m being pushed to buy more. Time to channel my inner deinfluencer. I am uneasily aware that around this time last year I wrote that my ...The Guardian - Jan. 12 -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - Jan. 12 -
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 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - 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 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - 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 -
New York Yankees Done With Big Spending in Busy Offseason
The New York Yankees are done signing high-priced free agents, a source with knowledge of their situation said. That leaves coveted players such as Pete Alonso and Alex Bregman among the 164 free ...Yahoo Sports - Jan. 9 -
Bond market ‘police’ are back as investors patrol spending plans
Debt market flare-ups show growing pushback against governments’ loose fiscal policiesFinancial Times - Jan. 9 -
Cavaliers beat Thunder in clash of NBA's top teams
The NBA's best offense beat the NBA's best defense, in a game with 30 lead changes and no double-digit leads.Yahoo Sports - Jan. 9 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Opetaia retains belt, beats Nyika in 'dogfight'
Jai Opetaia retained his IBF cruiserweight title Wednesday with a spectacular fourth-round KO of David Nyika.ESPN - Jan. 8
