By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest …
Spending
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By Lucia Mutikani WASHINGTON – U.S. consumer spending barely rose in July as falling gasoline prices hurt sales at service stations, but monthly inflation slowed sharply, which could reduce the …
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‘Incongruities In Morality’: Biden’s Climate Activist Allies Aren’t Happy With Massive Spending Bill
‘Incongruities In Morality’: Biden’s Climate Activist Allies Aren’t Happy With Massive Spending Bill Jack McEvoy on August 18, 2022 Activists on President Joe Biden’s environmental justice council are frustrated by …
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LONDON (Reuters) – British consumers’ spending on credit and debit cards fell sharply over the past week and other measures of their behaviour were either stable or declined, weekly data …
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Top Biden Adviser’s Consulting Clients Stand To Benefit From New Gov’t Spending Gabe Kaminsky on August 16, 2022 A financial disclosure shows White House Senior adviser Anita Dunn has consulted …
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WASHINGTON – The U.S. government posted a $211 billion budget deficit for July, a 30% drop from the $302 billion deficit reported in the same month last year, as receipts …
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By Nivedita Balu (Reuters) – Businesses stung by rising costs and lower consumer spending are shying away from Shopify’s platform, creating a roadblock in its plan to fix past missteps …
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BERLIN – Germany wants European Union rules on member states’ debt to be enforced more rigorously, government sources said on Friday, setting out reforms sought by Berlin. The rules must …
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By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON – The West’s energy giants are set to return a record $30 billion to investors after reporting bumper profits in the …
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FRANKFURT – Euro zone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the …
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WASHINGTON – U.S. construction spending tumbled in June as outlays on single-family homebuilding declined sharply amid rising mortgage rates. The Commerce Department said on Monday that construction spending dropped 1.1% …
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Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package Jack McEvoy on July 29, 2022 Green energy shares spiked on Thursday after Sen. Joe Manchin of West Virginia …
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WASHINGTON – U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the most since 2005. Consumer spending, …
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Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike Jack McEvoy on July 28, 2022 Democratic Sen. Joe Manchin of West Virginia, the nation’s second-largest producer of coal, is …
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Dem’s New Spending Bill Imposes Methane Tax To Fund ‘Environmental Justice’ Programs Jack McEvoy on July 28, 2022 Senate Democrats agreed Wednesday to the biggest climate spending package in U.S. …
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WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday a second quarter contraction of U.S. economic output was a sign of an inevitable slowdown but there was still broad …
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SHEFFIELD: Fed Scrambles To Get A Grip On Inflation While Manchin Hands Schumer A Green Spending Spree Carrie Sheffield on July 27, 2022 The Federal Reserve hiking interest rates by …
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(Reuters) -Canadian retail group Loblaw Cos Ltd reported quarterly revenue below estimates on Wednesday as high inflation forces consumers to rein in discretionary spending. With prices for gasoline and food …
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By Walter Bianchi BUENOS AIRES – Argentina’s new economy minister told a gathering of investors in the United States on Tuesday she had begun an adjustment to government spending supported …
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By Andy Bruce and Elizabeth Piper LONDON – The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during …
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By Andrew Hay (Reuters) – The United States on Monday said it had tripled annual reforestation spending to tackle a four million acre replanting backlog driven by intense, climate-driven wildfires. …
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By Marcela Ayres and Jose de Castro BRASILIA – Brazilian fixed-income markets are pricing in the highest risk levels in years, raising red flags among investors and government officials who …
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Biden State Department Spending Up To $100K Flying In Africans To Teach Them How To Fight ‘Disinformation’ Gabe Kaminsky on July 19, 2022 The U.S. Department of State is spending …
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By Krisztina Than and Anita Komuves BUDAPEST -Hungary’s parliament on Tuesday approved the 2023 budget, which sets out to reduce the budget deficit next year to 3.5% of economic output …
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‘Knife In The Back’: MSNBC Host Sounds Off On Manchin Killing Biden’s Climate Spending Plan Harold Hutchison on July 15, 2022 An MSNBC host decried the demise of Biden’s climate …