Murphy blames GOP for rising energy costs in New Jersey, cites federal spending bill
TRENTON, N.J. — New Jersey Gov. Phil Murphy is blaming Republicans and the Trump Administration for rising energy prices across the state, criticizing a recently signed federal spending bill he says will…
Analysis: India’s post-COVID spending boom drives two-speed economy
By Ira Dugal MUMBAI (Reuters) – India is set to be the world’s fastest growing major economy in the year ahead, as a post-pandemic retail boom and recent bank balance-sheet repairs lure…
Brazil’s lower house to cut life span of bill that increases spending cap
BRASILIA (Reuters) – Brazilian lawmakers reached an agreement on Tuesday to cut the length of a proposal to expand the country’s spending cap to fund social welfare payments, said congressman Claudio Cajado.…
Dem Rep Earmarks Millions To Renovate A Planned Parenthood Clinic In New Spending Bill
Dem Rep Earmarks Millions To Renovate A Planned Parenthood Clinic In New Spending Bill Laurel Duggan on December 19, 2022 Democratic California Rep. Zoe Lofgren earmarked $2 million in federal taxpayer money…
Brazil’s top court lifts Lula with ‘secret budget,’ social spending rulings
SAO PAULO (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva scored two key victories on Monday, after the Supreme Court granted an injunction allowing him to increase social investment, while also outlawing…
India’s textile industry faces tough times as consumers cut spending
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets…
Dems Propose Forcing ICE To Release Thousands Of Illegal Immigrants As Part Of Spending Package
Dems Propose Forcing ICE To Release Thousands Of Illegal Immigrants As Part Of Spending Package Jennie Taer on December 13, 2022 Congressional Democrats are seeking to reduce the number of illegal immigrants…
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says John Hugh DeMastri on December 13, 2022 Crpyto exchange FTX mishandled billions of dollars of customer funds and went…
MICHAEL FAULKENDER: Biden Admin Is Blaming The American People For Its Own Ludicrous Spending
MICHAEL FAULKENDER: Biden Admin Is Blaming The American People For Its Own Ludicrous Spending Michael Faulkender on December 11, 2022 Last week, Treasury Secretary Janet Yellen blamed the American people for the…
Biden Admin Is Blaming The American People For Its Own Ludicrous Spending
MICHAEL FAULKENDER: Biden Admin Is Blaming The American People For Its Own Ludicrous Spending Michael Faulkender on December 11, 2022 Last week, Treasury Secretary Janet Yellen blamed the American people for the…
BlackRock has frozen hires, reduced spending, says CFO
By Carolina Mandl NEW YORK (Reuters) -BlackRock Inc Chief Financial Officer Gary Shedlin on Tuesday said his firm is freezing most hiring and reducing expenses. “We’re trying to be a little more…
House Intends To Revoke Military Vaccine Mandate In Defense Spending Bill
House Intends To Revoke Military Vaccine Mandate In Defense Spending Bill Arjun Singh on December 6, 2022 The House of Representatives will vote to include a provision in this year’s defense spending…
Australia government spending dips in Q3, minor drag on GDP
SYDNEY (Reuters) – Australian government spending dipped 0.6% in the September quarter due to a pullback in investment, an unexpected drag on economic growth in the quarter. Spending on operational items rose…
UK consumer spending fails to keep pace with inflation: surveys
LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressure on household budgets ahead of…
Biden wants energy permitting attached to defense spending bill
WASHINGTON (Reuters) – U.S. President Joe Biden wants a bill to speed energy permitting attached to the annual defense policy spending legislation that Congress is considering, the White House said on Monday.…
Factbox-When it comes to spending big on elections, few can challenge America
WASHINGTON (Reuters) – Georgia’s U.S. Senate race, set to end in a Tuesday runoff, will be the most expensive contest of America’s midterm elections, capping the election cycle of a democracy that…
U.S. construction spending falls in October on single family housing
WASHINGTON(Reuters) – U.S. construction spending fell in October, pulled down by continued weakness in single-family homebuilding amid higher mortgage rates. The Commerce Department said on Thursday that construction spending dropped 0.3% in…
GOP Senators Urge McConnell To Block Massive Spending Package
GOP Senators Urge McConnell To Block Massive Spending Package Arjun Singh on November 30, 2022 Four Senate Republicans on Wednesday urged Mitch McConnell to block an omnibus spending package to fund the…
French consumer spending falls in October, inflation unchanged in November
PARIS (Reuters) – France’s economy eked out meagre growth in the third quarter of 2022 while household spending fell more than expected in October and inflation remained at a high of 7.1%…
Brazilian senator files Lula’s welfare waiver from spending cap for 4 years
BRASILIA (Reuters) -A controversial proposal to make room for more spending in the 2023 budget under Brazil’s President-elect Luiz Inacio Lula da Silva was formally presented to Congress on Monday, providing for…
Indonesian household spending seen stable, investment to rise in Q4 – Finance Minister
JAKARTA (Reuters) – Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday. For the whole of 2022,…
Brazil’s central bank chief criticizes spending plan uncertainties
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto on Wednesday reiterated concerns about the spending program planned by the government of President-elect Luiz Inacio Lula da Silva, saying it had…
Key Brazil senator pushing to waive at least $19 billion from spending cap
BRASILIA (Reuters) -Brazilian Senator Marcelo Castro said on Wednesday that a constitutional amendment backed by President-elect Luiz Inacio Lula da Silva must exempt at least 100 billion reais ($19 billion) from a…
Analysis-Surge in Russia’s defence and security spending means cuts for schools and hospitals in 2023
By Darya Korsunskaya (Reuters) – Russia plans to spend nearly a third of next year’s budget on defence and domestic security while slashing funding for schools, hospitals and roads as it diverts…
Analysis-Surge in Russia’s defence and security spending means cuts for schools and hospitals in 2023
By Darya Korsunskaya (Reuters) – Russia plans to spend nearly a third of next year’s budget on defence and domestic security while slashing funding for schools, hospitals and roads as it diverts…
Japan finance minister urges swift adoption of more spending measures
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki vowed on Monday to guide economic and fiscal policy in a “responsible” manner, as he urged lawmakers to enact a second…
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