BANGKOK (Reuters) -Thailand’s new cabinet on Wednesday approved a plan for higher fiscal 2024 spending of 3.48 trillion baht ($97.29 billion) and a larger budget deficit of 693 billion baht,…
SYDNEY (Reuters) – Australia’s household spending rebounded in August, led by gains in the education, transport and recreation categories, data from the Commonwealth Bank of Australia showed on Wednesday, a…
SHANGHAI/BEIJING (Reuters) – Simon Yu’s monthly mortgage payments for his Shanghai apartment will drop after China’s latest measures to support the ailing property sector, but so will the interest he…
By Jan Strupczewski BRUSSELS (Reuters) – The European Union is close to agreeing provisions in revamped fiscal rules to enable extra military spending in the wake of Russia’s invasion of…
US Deficit Skyrockets Thanks To Biden’s Massive Government Spending Lillian Tweten on September 4, 2023 The federal government’s deficit for fiscal year 2023 is set to double thanks largely to…
TOKYO (Reuters) – Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility in some items meant the outlook might not be as…
By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in cinema takings after the release…
By Kailyn Rhone (Reuters) – See-through backpacks and jean shorts are among the popular last-minute purchases ahead of the new school year, several retailers said, as heat waves sweep the…
WASHINGTON (Reuters) – U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays on single-family housing projects. The Commerce Department said on Friday…
By Rachna Uppal (Reuters) – Qatar recorded a budget surplus of 10 billion riyals ($2.74 billion) in the second quarter of 2023, the finance ministry said on Thursday, despite lower…
By Sakura Murakami TOKYO (Reuters) – Japan’s defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a…
By Lisa Pauline Mattackal (Reuters) – Insufficient government spending cuts, rising global interest rates and tighter liquidity place Brazil in a risky fiscal situation, a former governor of the central…
SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing a deterioration in the global…
JENNY BETH MARTIN: House Freedom Caucus Wants To Do Something About Out Of Control Spending Jenny Beth Martin on August 27, 2023 On Monday, the House Freedom Caucus (HFC) struck…
By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Major U.S. department stores including Macy’s and Nordstrom are flagging delays in store credit card repayments, another risk to revenues as…
WARSAW (Reuters) – Poland plans to raise spending on defence, health, social benefits and public sector pay in 2024, the prime minister said on Thursday, after the government approved the…
SYDNEY (Reuters) – Australia faces decades of slower economic growth as its population gets older which will pressure the budget and lift national debt, a government report projected on Thursday,…
Germany On Track To Miss Climate Goals Despite $500B+ Green Spending Spree Nick Pope on August 23, 2023 Germany is on track to fall short of its ambitious long-term climate…
House Freedom Caucus Throws Wrench Into Congress’ Government Spending Fight Arjun Singh on August 21, 2023 The House Freedom Caucus has issued a list of demands for 12 appropriations bills…
‘Bloated Federal Spending’: Mike Pence Unveils Plan Reverting Power Back To The States Mary Lou Masters on August 16, 2023 Former Vice President Mike Pence unveiled his plan Wednesday to…
By Granth Vanaik (Reuters) – Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer…
Federal Government’s Spending And Money Printing Spree Causing ‘Inflation Tax’ Which Is Greater Than Income Tax Will Kessler on August 11, 2023 Americans are paying far more to offset the…
Universities Are Spending Like Crazy To Grow Their Bureaucracies, And Students Are Footing The Bill, Analysis Finds Reagan Reese on August 10, 2023 Public universities across the United States are…
LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed…
(Reuters) – Brokerage Morgan Stanley on Monday warned that lofty U.S. equity valuations could be questioned by investors if aggressive fiscal spending is curtailed after the downgrade of sovereign debt…