Latest in Spending Investors Edge
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Tina is back: Investors say there is no alternative to US equities
Fund managers are finding it really hard to articulate a strong case to put money to work anywhere elseWorld - Financial Times - Yesterday -
Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.Business - The New York Times - Yesterday -
Trump names investor Scott Bessent as Treasury secretary
President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary. Bessent would be the key leader of the president-elect’s economic team, which will be tasked ...Politics - The Hill - Yesterday -
Trump’s Treasury Selection Seen as Calming for Investors
Donald Trump has picked Scott Bessent to serve as Treasury secretary.Business - Inc. - 5 hours ago -
A Psychologist Explains Why Americans Spend Billions to Scare Themselves Silly on Halloween
Why do Americans shell out north of $12 billion on Halloween? A psychologist explains the appeal of scaring ourselves silly.Business - Inc. - October 25 -
How Tom Llamas, an NBC Anchor, Spends His Sundays
Mr. Llamas, who has been racing between hurricanes and election coverage, makes time for baseball with his children and not-so-scary movies with his wife.Business - The New York Times - October 26 -
The average person will spend more than $100 on Halloween this year
This year, the average person will spend more than $100 on Halloween, with some decorating as early as June. Halloween is no longer one day of candy and costumes for kids.Top stories - CBS News - October 26 -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Hunt accuses OBR of ‘political intervention’ over spending review
Former chancellor says watchdog’s plan to publish findings of review on Budget day is a ‘significant concern’Business - Financial Times - October 28 -
The Real Reasons the G.O.P. Is Spending Millions on Anti-Trans Ads
Republicans are banking on an issue that isn’t a priority for voters: trans rights.Top stories - The New York Times - October 28 -
Enterprise AI moves from ‘experiment’ to ‘essential,’ spending jumps 130%
Wharton research shows dramatic surge in enterprise AI adoption, with spending up 130% and smaller companies leading in implementation rates.Tech - VentureBeat - October 28 -
Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.
Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.Business - MarketWatch - October 28 -
Why a Climate Nonprofit Plans to Spend $250 Million on Electric Semi Trucks
Climate United has a three-year plan to lease electric trucks and cut emissions at California ports to meet a 2035 zero-emissions deadline.Business - Inc. - October 29 -
Steve Bannon says spending four months in prison 'empowered' him
Steve Bannon, the right-wing podcast host and former Donald Trump campaign official, held a press conference following his release from prison. Bannon claimed he had been "a political prisoner" ...Politics - NBC News - October 29 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
EU should spend 20% of budget on security and climate disasters, report says
Finland’s former president reports on cost of Europe’s preparedness for multiple crisesBusiness - Financial Times - October 30 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
Expert on how much is too much in presidential campaign spending
Vice President Harris leads in fundraising, topping a billion dollars, while many Americans support limits on campaign spending. Daniel Weiner, director of elections and government at the Brennan ...Top stories - CBS News - October 30 -
Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?
Digital asset companies are the biggest corporate donors in 2024Business - MarketWatch - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
Rachel Reeves goes back to the future with a tax and spend budget
Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...World - The Guardian - October 30 -
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend and fly more to earn elite benefits next year.Business - CNBC - October 30 -
Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR
Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparencyWorld - Financial Times - October 30 -
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to the increasingly crowded ...Top stories - NBC News - October 30 -
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 technologyBusiness - Financial Times - October 31 -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30