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…
Bank of America: consumer spending on cards up from 2021 across all income groups
By Elizabeth Dilts Marshall NEW YORK – Bank of America said Thursday that consumers’ debit and credit card spending rose across all income brackets in April, although spending levels for lower-income customers…
U.S. construction spending rises less than expected in March
WASHINGTON – U.S. construction spending barely rose in March as a moderate increase in outlays on private projects was partially offset by a further decline in public spending. The Commerce Department said…
UK card spending, online job ads fall after Easter – ONS
LONDON – Measures of consumer behaviour in Britain weakened after the recent Easter holidays, and online job adverts also decreased, the Office for National Statistics said on Thursday. Interbank CHAPS payments related…
Here’s Where Mitch McConnell Is Spending His Money In Midterms
Here’s Where Mitch McConnell Is Spending His Money In Midterms Sebastian Hughes on April 18, 2022 A super PAC attached to Republican Senate Minority Leader Mitch McConnell is reserving $141 million worth…
U.S. consumers, low-income households included, still spending, BofA research says
(Reuters) – U.S. consumer credit and debit card spending so far in 2022 is up 15% on a year earlier, Bank of America research showed on Wednesday, a sign that Americans’ gloom…
U.S. consumers up view of inflation, spending in coming year, NY Fed survey finds
(Reuters) – U.S. consumers boosted their expectations for inflation and household spending in the year ahead as the price of gas and food steepens, but tempered their view of inflation over the…
Italy unions protest over projected decline in school spending
By Gavin Jones and Angelo Amante ROME – Italian government forecasts showing a steady decline in education spending triggered an angry reaction on Monday from the country’s trade unions, which threatened strikes…
Analysis-Pre-election spending could haunt Hungary’s Orban – or his successor
By Gergely Szakacs BUDAPEST – A $5.35 billion spending spree by Hungary’s Prime Minister Viktor Orban ahead of an election next week has left a budget hole that may spell trouble for…
Sanofi halts new spending on non-essential drugs in Russia and Belarus
PARIS – French drugmaker Sanofi on Wednesday said it would stop immediately any new spending not related to the supply of essential and life-changing medicines and vaccines in Russia, as well as…
Analysis-Ukraine crisis could derail drive to limit U.S. defense spending
By Patricia Zengerle and Richard Cowan WASHINGTON – Many Democrats thought their control of the White House and Congress would provide an opportunity to rein in U.S. military spending, which had leaped…
U.S. Republicans want higher defense spending, citing Ukraine and China
WASHINGTON – A group of 40 U.S. Republican members of the Senate and House of Representatives Armed Services Committees urged President Joe Biden to include a 5% increase above inflation for defense…
UK consumer spending in line with pre-pandemic level – ONS
LONDON – British consumers’ spending on credit and debit cards slipped back slightly in the week to March 10 to match its average level in February 2020, weekly Bank of England CHAPS…
China Jan-Feb fiscal spending quickens in fight to support slowing economy
BEIJING – China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up support for…
Japan households accumulate record financial assets as COVID curbs spending
By Leika Kihara TOKYO – Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the COVID-19 pandemic…
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census Bureau announced…
Justice Reporter Who Called Constitution ‘Trash’ Heads Up Dark Money Group Spending Millions To Support Jackson SCOTUS Nomination
Justice Reporter Who Called Constitution ‘Trash’ Heads Up Dark Money Group Spending Millions To Support Jackson SCOTUS Nomination Jennie Taer on March 11, 2022 A pundit who called the Constitution garbage is…
Factbox-U.S. approves Ukraine aid, boosts military and domestic spending
WASHINGTON – Congress approved $13.6 billion in aid to Ukraine on Thursday as part of a $1.5 trillion spending bill that funds U.S. government operations through Sept. 30. President Joe Biden is…
U.S. COVID local aid emerges as key social policy tool as Biden spending plans stall
By David Lawder WASHINGTON – Philadelphia is plugging a massive budget hole opened by COVID-19, avoiding layoffs and the closing of swimming pools. St. Louis is handing out $500 checks to 10,000…
Leonardo sees EU defence spending boosting cash flow, pays dividend
MILAN – Italian aerospace and defence group Leonardo expects free cash flow to more than double this year compared with 2021 as governments around the world step up military spending in response…
EU leaders to make room for more spending over Ukraine, no new joint debt seen
By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning any new…
Senate Majority leader Schumer: expect to pass U.S. spending bill by week’s end
WASHINGTON – U.S. Senate Majority Leader Chuck Schumer said on Tuesday he aimed to pass an omnibus government spending bill by the end of the week that will include more than $12…
U.S. Senate Republican: Spending, Ukraine aid bill awaits leadership approval
WASHINGTON – U.S. Senator Richard Shelby, the top Republican on the Senate Appropriations Committee, said on Tuesday that a sweeping government funding bill with emergency aid for Ukraine is now awaiting a…
Schumer says quickest way to pass Ukraine aid is in omnibus spending bill
WASHINGTON – The quickest way to get $6.4 billion in humanitarian and security aid to Ukraine is to include in the upcoming omnibus spending bill, U.S. Senate Majority Leader Chuck Schumer said…
U.S. Senate talks on omnibus spending bill hit snag over Ukraine defense money -Republican leader McConnell
WASHINGTON – U.S. Senate talks on an omnibus spending bill to fund the U.S. government have hit a snag over defense spending related to Ukraine, Senate Republican leader Mitch McConnell said on…
U.S. construction spending surges in January on homebuilding
WASHINGTON – U.S. construction spending surged in January, boosted by strong outlays on single-family homebuilding and private nonresidential structures. The Commerce Department said on Tuesday that construction spending increased 1.3%. Data for…
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