Latest in Spending Pressures
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Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Gulf states wary of return to Trump’s ‘maximum pressure’ against Iran
Saudi Arabia and UAE welcome president-elect but worry he could upend rapprochement with Tehran and inflame Middle East warBusiness - Financial Times - November 12 -
Hume: 'Trump world' pressure to back Scott in leadership race 'likely to backfire'
Brit Hume, chief political analyst at Fox News, suggested Monday that the push from President-elect Trump's allies to elevate Sen. Rick Scott (R-Fla.) into GOP leadership may not go the way they ...Politics - The Hill - November 12 -
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RWE scales back €55bn renewables bet after Trump win
German power producer was already under pressure from shareholders to lift returnsWorld - Financial Times - November 13 -
Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - November 14 -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
Matt Gaetz feels the heat
The would-be attorney general is facing new pressure this week from his accusers and from Senate Democrats.Politics - Politico - 6 days ago -
Trump team aims to bankrupt Iran with new ‘maximum pressure’ plan
President-elect wants to force Tehran to drop its nuclear programme and stop funding regional proxiesBusiness - Financial Times - November 16 -
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Roblox updates its safety systems and parental controls under outside pressure
Under outside pressure, Roblox announced updates to its safety systems and parental controls today to protect children. In a blog post, Matt Kaufman, chief safety officer at Roblox said the updates ...Tech - VentureBeat - 6 days ago -
Scholz under growing pressure to send long-range missiles to Ukraine
US decision to allow Kyiv to use Atacms on Russian targets heaps pressure on German chancellor to send TaurusesBusiness - Financial Times - 6 days ago -
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G20 waters down support for Ukraine amid pressure for peace talks
Advanced economies omit criticism of Moscow targeting civilian infrastructure and nuclear threats in Rio statementWorld - Financial Times - 5 days ago -
Scholz under pressure to stand aside for Pistorius before German election
Senior SPD figures hold talks on candidate for chancellor amid speculation about switch to popular defence minister. Germany’s chancellor, Olaf Scholz, is under mounting pressure to step aside as ...World - The Guardian - 5 days ago -
Trump team ramps up pressure on Senate GOP to approve controversial nominees
President-elect Trump’s transition team is ratcheting up the pressure on Republican senators to embrace his controversial nominees to head the Justice Department, Health and Human Services, the ...Politics - The Hill - 4 days ago -
NIO's Net Loss Widens on Lower Revenue Amid EV Pricing Pressure
The Chinese automaker’s net loss widened in the third quarter as revenue fell, dragged by lower selling prices.Business - The Wall Street Journal - 4 days ago -
Iran Faces Fresh International Pressure Over Nuclear Activities
The U.N. atomic agency has voted to censure Tehran, opening the way for punitive steps.World - The Wall Street Journal - 2 days ago -
US universities brace for ‘perfect storm’ of pressures under Trump
Concern rises over new taxes and funding cuts under a president who sees colleges as overrun by MarxistsWorld - Financial Times - 6 hours ago -
Harris to spend election night at Howard University
Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...Politics - The Hill - October 30 -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - October 31 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - October 30 -
The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'
Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.Top stories - BBC News - October 31 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Abortion-rights groups outspend opponents by more than 6 to 1 in ballot measure campaigns
The groups promoting abortion-rights amendments on the ballots in nine states have outraised their opponents by more than 6 to 1 and are spending far more on adsHealth - ABC News - October 31 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
Rachel Reeves loosens UK welfare spending target
Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’World - Financial Times - November 2 -
How Harris and Trump are spending eve of Election Day
Vice President Kamala Harris and former President Donald Trump are spending the last hours of the 2024 presidential race making their final pitches at rallies in several battleground states. CBS ...Top stories - CBS News - November 4 -
Where Harris and Trump will spend election night
Vice President Harris will spend election night at Howard University, her alma mater, while former President Trump will spend it at his Mar-a-Lago resort in Palm Beach, FL.Politics - The Hill - November 5 -
Elon Musk to watch results with Donald Trump
The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.Top stories - BBC News - November 6 -
How Harris and Trump are spending election night
Election Day 2024 is finally underway, and Americans are waiting to learn who will be the next occupant of the Oval Office. CBS News' Nancy Cordes and Tony Dokoupil report on how Vice President ...Top stories - CBS News - November 5 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - November 8 -
Defence chief calls for more spending on military
Treasury minister Darren Jones says defence spending should rise to 2.5% of GDP, but avoids saying by when.Top stories - BBC News - November 10 -
Why Are Cities Still Spending Big on Convention Centers?
Cities are spending more than ever to land the biggest events, but companies have long pulled back on spending for annual conferences and attendance has dwindled.Business - The New York Times - November 11