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…
New Italian government’s budget to boost spending to fight energy crisis
By Crispian Balmer ROME (Reuters) – Italy’s new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing…
Brazil spending waiver may trigger record debt, crimp monetary policy
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a constitutional budget cap could push public debt…
White House says more infrastructure spending coming, rejects inflation link
WASHINGTON (Reuters) – The White House on Tuesday said it had pushed out $185 billion in funding under a $1 trillion bipartisan infrastructure law passed last year, with that same amount or…
US Senate to tackle gov’t spending, debt limit, marriage equality, Schumer says
WASHINGTON (Reuters) – The U.S. Senate will focus on government spending, the nation’s debt ceiling and marriage equality, among other issues during its remaining so-called lame duck session, U.S. Senate Majority Leader…
‘Lead By Example’: Biden Pledges Billions In Climate Spending Abroad, But More Regulations On US Drilling
‘Lead By Example’: Biden Pledges Billions In Climate Spending Abroad, But More Regulations On US Drilling Micaela Burrow on November 11, 2022 President Joe Biden announced millions in spending aimed at clamping…
‘We Didn’t Pick Up A Single Seat?’: Watters Blasts Trump, McConnell Over Campaign Spending In Senate Races
‘We Didn’t Pick Up A Single Seat?’: Watters Blasts Trump, McConnell Over Campaign Spending In Senate Races Harold Hutchison on November 9, 2022 Fox News host Jesse Watters ripped former President Donald…
Voters Pass Constitutional Amendment Forcing Crime-Ridden Dem City To Increase Police Spending
Voters Pass Constitutional Amendment Forcing Crime-Ridden Dem City To Increase Police Spending Trevor Schakohl on November 9, 2022 Missouri voters approved a constitutional amendment Tuesday requiring Kansas City to increase spending on…
‘Not Ideal’: Ted Cruz Calls Out Trump For Lack Of Midterm Spending
Trump funded Ohio and Pennsylvania Republican candidates Mehmet Oz and J.D. Vance through MAGA Inc. The PAC spent $135,650 on ads placed in Pittsburgh and $276,000 on ads in Columbus and Cleveland.…
Canada cuts 2022/23 deficit forecasts, pledges targeted new spending
OTTAWA (Reuters) – Canada set out on Thursday C$11.3 billion ($8.2 billion) in new spending this year and next, and slashed its budget deficit forecast by nearly a third for the current…
DANNENFELSER: Dems Are Spending Mountains Of Money On Abortion Ads — It’s Totally Backfiring
DANNENFELSER: Dems Are Spending Mountains Of Money On Abortion Ads — It’s Totally Backfiring Marjorie Dannenfelser on November 2, 2022 In a reversal of their fortunes for most of the summer months,…
L’Oréal suspends advertising spending on Twitter -FT
(Reuters) – Cosmetics maker L’Oréal SA has suspended advertising spending on Twitter, the Financial Times reported on Wednesday, citing sources familiar with the matter. The social media platform was acquired by billionaire…
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) – The global chip industry is bracing for a downturn by reining in on investments for the year, in a stark contrast to initial 2022 predictions that pandemic-fueled demand would drive…
Brazil’s Lula may seek more than $39 billion in extra 2023 spending, says aide
By Bernardo Caram BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva will negotiate in the coming weeks an increase in 2023 government spending that could exceed 200 billion reais ($39…
U.S. construction spending unexpectedly rebounds in September
WASHINGTON (Reuters) – U.S. construction spending unexpectedly rebounded in September, amid a surge in investment in nonresidential structures that offset a further decline in outlays on single-family homebuilding. The Commerce Department said…
Australia retail sales up again in Sept as spending stays resilient
By Wayne Cole SYDNEY (Reuters) -Australian retail sales posted another solid increase in September thanks to spending on food, clothing and eating out with consumption staying surprisingly resilient in the face of…
Japan cabinet approves spending package to ease inflation pain
TOKYO (Reuters) – Japan’s government on Friday unveiled a new stimulus package with spending worth 39.0 trillion yen ($265 billion) that it said would boost gross domestic product (GDP) by around 4.6%.…
Two-thirds of Britons to cut festive spending this year – Accenture survey
LONDON (Reuters) – Over two-thirds of British adults are planning to cut back on festive spending this year due to a worsening cost of living crisis, according to a survey published on…
Australia to cut economic growth forecasts on lower consumer spending
SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer Jim Chalmers in…
Brazil’s economy seen in soft landing as private spending cools – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing financial costs,…
Real Retail Spending Fell In September As Inflation Pinches Consumers
Real Retail Spending Fell In September As Inflation Pinches Consumers John Hugh DeMastri on October 14, 2022 Retail spending held steady in September compared to August, but fell adjusted to inflation…
China’s digital currency passes 100 billion yuan in spending – PBOC
SHANGHAI (Reuters) – Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out of a…
Japan Inc strongly backs defence spending, many firms near limit on weak yen – Reuters poll
By Rocky Swift TOKYO (Reuters) – Japanese firms overwhelmingly support increasing defence spending amid heightened sabre-rattling in Asia, according to a Reuters monthly poll on Thursday, which also showed half of companies…
UK government: no spending cuts, no reverse on tax cuts
By Alistair Smout, Andrew MacAskill and Elizabeth Piper LONDON (Reuters) -Britain’s new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to…
NY Fed survey finds big drop in expected spending plans
By Michael S. Derby NEW YORK (Reuters) – U.S. households predicted last month a sharp pullback in spending plans over the next year, in a report that also found moderating expectations for…
Inflation, early shopping to slow U.S. online holiday spending – report
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) – U.S. online holiday sales are expected to rise this year at their slowest pace since at least 2015, according to a report, as…
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