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…
U.S. construction spending unexpectedly falls in May
WASHINGTON – U.S. construction spending unexpectedly fell in May as single-family homebuilding stalled, more evidence that the Federal Reserve’s aggressive monetary policy tightening was slowing the economy. The Commerce Department said on…
Democratic Rep Cast Most Of His Votes By ‘Proxy’ While Spending Tens Of Thousands On Travel And Events
Democratic Rep Cast Most Of His Votes By ‘Proxy’ While Spending Tens Of Thousands On Travel And Events Gabe Kaminsky on June 30, 2022 Democratic Illinois Rep. Bobby Rush has mostly voted…
Companies cut spending, jobs as outlook grows less certain
By Medha Singh (Reuters) – Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs while others are shelving projects or deals…
Former Financial Advisor Sentenced to Prison for Defrauding Close to $6 Million Dollars from Clients and Spending it on Extramarital Affairs
Miami, Florida – Yesterday, a federal district judge in Miami sentenced German Nino, a former UBS Financial Advisor, to 78 months in federal prison for stealing millions of dollars from client accounts…
Five more companies will show political spending – New York’s DiNapoli
By Cole Horton (Reuters) – Five additional U.S.-based companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, state Comptroller Thomas DiNapoli said…
UK consumer spending softens, job ads fall in past week
LONDON – British consumers’ spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings rose sharply, weekly data collated by…
Brazil’s Economy Ministry tries to limit spending on fuel-related subsidies, sources say
By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new cash transfer program for truck drivers, which…
House Dems Approve Massive Defense Budget Despite Calls To Cut Spending
House Dems Approve Massive Defense Budget Despite Calls To Cut Spending Micaela Burrow on June 16, 2022 The House Appropriations Subcommittee on Defense approved House Democrats’ personnel-focused $762 billion defense budget Wednesday…
SHEFFIELD: Fed’s Effort To Tame Inflation Is Too Little Too Late After Democrats’ Massive Spending Spree
SHEFFIELD: Fed’s Effort To Tame Inflation Is Too Little Too Late After Democrats’ Massive Spending Spree Carrie Sheffield on June 15, 2022 The Fed today announcing a three quarters percentage-point interest rate…
Pro-Israel Billionaire Spending Thousands To Unseat Rashida Tlaib Through PAC Tied To CNN Pundit
Pro-Israel Billionaire Spending Thousands To Unseat Rashida Tlaib Through PAC Tied To CNN Pundit Gabe Kaminsky on June 13, 2022 A billionaire hedge fund manager, who has contributed to pro-Israeli causes, has…
UK’s Johnson: higher public spending and wages risk fanning inflation
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support people through the cost-of-living crisis, and to…
UK’s Johnson: higher public spending and wages risk fanning inflation
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support people through the cost-of-living crisis, and to…
UK shoppers cut spending by most since COVID lockdown in 2021
By William Schomberg LONDON – British shoppers facing a surge in inflation cut their spending in May by the most since the country was in a coronavirus lockdown in early 2021, according…
Joni Ernst Demands Answers From Fauci About NIH Spending Millions On ‘Potentially Deadly’ Puppy Experiments
Joni Ernst Demands Answers From Fauci About NIH Spending Millions On ‘Potentially Deadly’ Puppy Experiments Gabe Kaminsky on June 3, 2022 Republican Iowa Sen. Joni Ernst is demanding Anthony Fauci’s National Institute…
Ford may slash ad spending, revamp dealers to boost EV profit, CEO says
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking its dealer network – if it is…
Shanghai’s modest post-lockdown ‘revenge spending’: beauty products, bubble tea
By Casey Hall SHANGHAI – Mother-of-two Yang Zengdong, 40, is ready to take her family for a long-awaited outing to mark Shanghai’s grand re-opening from COVID-19 lockdown on Wednesday. Her ambitions –…
Plagued by default fears, Russian e-commerce player Ozon boosts spending
(Reuters) – Flagging escalating fears it may default on some corporate debt, Russian e-commerce player Ozon said it has increased its capital expenditure and seen free cash flow turn negative as it…
Multi-Kilogram Drug Trafficker Convicted At Trial, After Spending More Than Four Years On The Lam
Tampa, Florida –United States Attorney Roger B. Handberg announces that a federal jury has found Derrick Samuel Lewis (51, Sarasota) guilty of conspiracy, possession with the intent to distribute five kilograms or…
Exclusive-India considering spending additional $26 billion to fight inflation -sources
By Aftab Ahmed NEW DELHI – The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices and fight…
Inflation crimps Indian firms as rural millions cut spending
By Krishna N. Das and Aftab Ahmed NEW DELHI – Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances which saw…
U.S. online prices dropped, spending slowed in April – Adobe
By Howard Schneider (Reuters) – Online prices fell 0.5% in April and U.S. consumers pulled back on electronic commerce, possibly reflecting a change in consumer behavior and the Federal Reserve’s efforts to…
Exclusive-War forces Ukraine to divert $8.3 billion to military spending, tax revenue drops – minister
By Natalia Zinets KYIV – Ukraine has been forced to spend 245.1 billion hryvnia ($8.3 billion) on its war with Russia instead of development, the finance minister said on Thursday, providing a…
Peru to increase public spending in mining regions to curb social conflicts
LIMA – Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday. Peru is the…
Analysis-Brazil’s spending cap brings fiscal surplus – and candidates’ ire
By Marcela Ayres and Bernardo Caram BRASILIA – Strong commodity prices and a recovering job market have helped a sharp improvement in Brazil’s public finances, analysts say, allaying concerns about the country’s…
U.S. consumer short-term inflation outlook dips, spending plans rise -NY Fed survey
(Reuters) – U.S. consumers’ inflation expectations one year from now dipped in April but their view of inflation over the medium-term rose and household spending expectations also climbed to a record high,…
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