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Spending

Japan Inc strongly backs defence spending, many firms near limit on weak yen – Reuters poll

October 12, 2022
Japan inc strongly backs defence spending, many firms near limit on weak yen - reuters poll - photo licensed by shore news network.

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 …

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UK government: no spending cuts, no reverse on tax cuts

October 12, 2022
Uk government: no spending cuts, no reverse on tax cuts - photo licensed by shore news network.

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 …

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NY Fed survey finds big drop in expected spending plans

October 11, 2022October 11, 2022
Ny fed survey finds big drop in expected spending plans - photo licensed by shore news network.

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 …

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Inflation, early shopping to slow U.S. online holiday spending – report

October 10, 2022October 10, 2022
Inflation, early shopping to slow u. S. Online holiday spending - report - photo licensed by shore news network.

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 …

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Brazil’s Lula eyes flexible primary surplus target to replace spending cap

October 7, 2022
Brazil's lula eyes flexible primary surplus target to replace spending cap - photo licensed by shore news network.

By Lisandra Paraguassu SAO PAULO (Reuters) – Economic advisers to Brazilian presidential candidate Luiz Inacio Lula da Silva are looking at two main ideas to …

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As NYC teacher and student numbers plummet, school spending increases

October 5, 2022
As nyc teacher and student numbers plummet, school spending increases - photo licensed by shore news network.

Reagan Reese on October 4, 2022 New York schools will spend almost double the national average per pupil, as state aid increases 9.4% per student …

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U.S. construction spending posts biggest drop in 1-1/2 years in August

October 3, 2022
U. S. Construction spending posts biggest drop in 1-1/2 years in august - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. construction spending fell by the most in 1-1/2 years in August, pulled down by a sharp decline in outlays on single-family …

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China offers loans of $42 billion for infrastructure spending

September 28, 2022
China offers loans of $42 billion for infrastructure spending - photo licensed by shore news network.

BEIJING (Reuters) – China has distributed an additional 300 billion yuan ($42 billion) allocated for infrastructure projects through three state policy banks as of Wednesday, …

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Miami Resident Charged with Running $4.6 Million Ponzi Scheme, Spending Investor Money on Wedding and Vacations

September 27, 2022
Miami resident charged with running $4. 6 million ponzi scheme, spending investor money on wedding and vacations - photo licensed by shore news network.

MIAMI — South Florida federal prosecutors have charged Judith Dianne Paris-Pinder, 49, with defrauding people out of millions by lying about the nature of proposed …

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U.S. Senate Republican leader opposes Manchin energy permitting proposal included in stop-gap spending bill

September 27, 2022
U. S. Senate republican leader opposes manchin energy permitting proposal included in stop-gap spending bill - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said an energy permitting proposal by Democratic Senator Joe Manchin is a “poison pill” in a …

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Inflation, spending cuts undermine Biden’s hunger policy

September 24, 2022September 24, 2022
Inflation, spending cuts undermine biden's hunger policy - photo licensed by shore news network.

By Christopher Walljasper CHICAGO (Reuters) – Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago’s North Side in August. Throughout …

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US House could take up stop-gap spending bill on Tuesday, Pelosi says

September 22, 2022September 22, 2022
Us house could take up stop-gap spending bill on tuesday, pelosi says - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. House of Representatives can consider the stop-gap government spending bill next week as soon as it passes the Senate, hopefully …

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Brazil’s govt eyes new fiscal rule to increase spending from 2023

September 20, 2022

By Bernardo Caram BRASILIA (Reuters) – Brazil’s Economy Ministry is mulling a new fiscal rule that would allow government spending to grow above inflation depending …

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Japan PM Kishida faces pressure to ramp up spending as approval slides

September 20, 2022September 20, 2022
Japan pm kishida faces pressure to ramp up spending as approval slides - photo licensed by shore news network.

By Leika Kihara TOKYO (Reuters) -Japan’s ruling party is ramping up calls for a fresh spending package worth at least $105 billion to cushion the …

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India economic growth to be sustained by consumer spending rebound, says govt review

September 17, 2022September 17, 2022
India economic growth to be sustained by consumer spending rebound, says govt review - photo licensed by shore news network.

MUMBAI (Reuters) – A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said …

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White House unveils $2 billion biotech spending plan ahead of industry summit

September 14, 2022
White house unveils $2 billion biotech spending plan ahead of industry summit - photo licensed by shore news network.

By Jarrett Renshaw (Reuters) – The White House released new details on Wednesday on how it plans to invest more than $2 billion in the …

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Energy permitting bill to be attached to stop-gap spending bill -U.S. Senate leader Schumer

September 13, 2022
Energy permitting bill to be attached to stop-gap spending bill -u. S. Senate leader schumer - photo licensed by shore news network.

WASHINGTON (Reuters) – A bill aimed at updating federal permitting of energy pipelines and other facilities will be attached to a temporary spending bill that …

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‘Boondoggles Of Spending’: Military Personnel Are Struggling To Get By As Pentagon Budget Falls Short

September 13, 2022

‘Boondoggles Of Spending’: Military Personnel Are Struggling To Get By As Pentagon Budget Falls Short Micaela Burrow on September 12, 2022 Like many Americans, some …

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French retirement spending threatens deficit targets -pension panel

September 12, 2022
French retirement spending threatens deficit targets -pension panel - photo licensed by shore news network.

PARIS (Reuters) – France’s public spending on pensions as currently planned threatens President Emmanuel Macron’s deficit-reduction targets, an independent retirement system panel said in a …

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Euro zone Q2 growth revised up, supported by household spending

September 7, 2022
Euro zone q2 growth revised up, supported by household spending - photo licensed by shore news network.

BRUSSELS (Reuters) – Euro zone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after …

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Business travel budgets rising as firms use 2019 as spending benchmark -CWT

September 6, 2022
Business travel budgets rising as firms use 2019 as spending benchmark -cwt - photo licensed by shore news network.

By Jamie Freed SYDNEY (Reuters) – Business travel budgets are poised to rise in 2023 as companies benchmark against pre-pandemic levels of travel spending despite …

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Australia government spending makes minor contribution to Q2 GDP

September 5, 2022
Australia government spending makes minor contribution to q2 gdp - photo licensed by shore news network.

SYDNEY (Reuters) – Australian government spending edged up 0.5% in the June quarter as consumption paused after a very strong first quarter, making a minor …

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Single-family homebuilding weighs on U.S. construction spending in July

September 1, 2022
Single-family homebuilding weighs on u. S. Construction spending in july - photo licensed by shore news network.

WASHINGTON(Reuters) – U.S. construction spending declined further in July as rising mortgage rates weighed on single-family homebuilding, offsetting a rebound in outlays on public projects. …

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SMITH: Biden’s Spending Spree Has Supercharged Washington’s Power Over The American People

September 2, 2022September 1, 2022
Smith: biden’s spending spree has supercharged washington’s power over the american people - photo licensed by shore news network.

SMITH: Biden’s Spending Spree Has Supercharged Washington’s Power Over The American People Rep. Jason Smith on August 31, 2022 When huge swaths of the country …

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Finland to slash electricity tax over winter, subsidise bills

September 1, 2022

By Essi Lehto and Anne Kauranen HELSINKI (Reuters) -Finland on Thursday slashed value-added tax on electricity to 10% from 24% over the winter and said …

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Sri Lanka’s president to cut spending in interim budget

August 29, 2022
Sri lanka's president to cut spending in interim budget - photo licensed by shore news network.

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s president is set to slash expenditure when he presents an interim budget on Tuesday to see the …

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M onthly inflation brakes sharply; Gasoline price drop restrains U.S. consumer spending

August 27, 2022August 27, 2022
M onthly inflation brakes sharply; gasoline price drop restrains u. S. Consumer spending - photo licensed by shore news network.

By Lucia Mutikani WASHINGTON  – U.S. consumer spending barely rose in July as falling gasoline prices hurt sales at service stations, but monthly inflation slowed …

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‘Incongruities In Morality’: Biden’s Climate Activist Allies Aren’t Happy With Massive Spending Bill

August 24, 2022August 19, 2022
‘incongruities in morality’: biden’s climate activist allies aren’t happy with massive spending bill - photo licensed by shore news network.

‘Incongruities In Morality’: Biden’s Climate Activist Allies Aren’t Happy With Massive Spending Bill Jack McEvoy on August 18, 2022 Activists on President Joe Biden’s environmental …

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UK consumer spending drops as inflation hit intensifies

August 18, 2022
Uk consumer spending drops as inflation hit intensifies - photo licensed by shore news network.

LONDON (Reuters) – British consumers’ spending on credit and debit cards fell sharply over the past week and other measures of their behaviour were either …

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Top Biden Adviser’s Consulting Clients Stand To Benefit From New Gov’t Spending

August 22, 2022August 17, 2022
Top biden adviser’s consulting clients stand to benefit from new gov’t spending - photo licensed by shore news network.

Top Biden Adviser’s Consulting Clients Stand To Benefit From New Gov’t Spending Gabe Kaminsky on August 16, 2022 A financial disclosure shows White House Senior …

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U.S. July budget deficit down 30% as COVID spending falls, revenues edge up

August 10, 2022
U. S. July budget deficit down 30% as covid spending falls, revenues edge up - photo licensed by shore news network.

WASHINGTON – The U.S. government posted a $211 billion budget deficit for July, a 30% drop from the $302 billion deficit reported in the same …

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Shopify merchant growth falters as weak consumer spending hits businesses

August 8, 2022
Shopify merchant growth falters as weak consumer spending hits businesses - photo licensed by shore news network.

By Nivedita Balu (Reuters) – Businesses stung by rising costs and lower consumer spending are shying away from Shopify’s platform, creating a roadblock in its …

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Germany wants clearer EU debt rules to rein in spending – govt sources

August 5, 2022
Germany wants clearer eu debt rules to rein in spending - govt sources - photo licensed by shore news network.

BERLIN – Germany wants European Union rules on member states’ debt to be enforced more rigorously, government sources said on Friday, setting out reforms sought …

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Big Oil offers big returns but keeps spending tight

August 3, 2022
Big oil offers big returns but keeps spending tight - photo licensed by shore news network.

By Ron Bousso, Shadia Nasralla and Sabrina Valle LONDON – The West’s energy giants are set to return a record $30 billion to investors after …

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Euro area to get back half what it’s spending on war fallout – ECB

August 2, 2022
Euro area to get back half what it's spending on war fallout - ecb - photo licensed by shore news network.

FRANKFURT – Euro zone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies …

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U.S. construction spending dives in June on single-family housing weakness

August 1, 2022
U. S. Construction spending dives in june on single-family housing weakness - photo licensed by shore news network.

WASHINGTON – U.S. construction spending tumbled in June as outlays on single-family homebuilding declined sharply amid rising mortgage rates. The Commerce Department said on Monday …

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Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package

July 29, 2022
Pile of money

Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package Jack McEvoy on July 29, 2022 Green energy shares spiked on Thursday after Sen. …

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U.S. consumer spending beats expectations in June; inflation accelerates

July 29, 2022
U. S. Consumer spending beats expectations in june; inflation accelerates - photo licensed by shore news network.

WASHINGTON – U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the …

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Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike

July 28, 2022
Manchin’s spending bill shafts coal miners with massive tax hike - photo licensed by shore news network.

Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike Jack McEvoy on July 28, 2022 Democratic Sen. Joe Manchin of West Virginia, the nation’s …

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Dem’s New Spending Bill Imposes Methane Tax To Fund ‘Environmental Justice’ Programs

July 28, 2022
Dem’s new spending bill imposes methane tax to fund ‘environmental justice’ programs - photo licensed by shore news network.

Dem’s New Spending Bill Imposes Methane Tax To Fund ‘Environmental Justice’ Programs Jack McEvoy on July 28, 2022 Senate Democrats agreed Wednesday to the biggest …

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Yellen says U.S. economy slowing, but still shows job, spending strength

July 28, 2022
Yellen says u. S. Economy slowing, but still shows job, spending strength - photo licensed by shore news network.

WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday a second quarter contraction of U.S. economic output was a sign of an inevitable slowdown …

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SHEFFIELD: Fed Scrambles To Get A Grip On Inflation While Manchin Hands Schumer A Green Spending Spree

July 27, 2022July 27, 2022
Sheffield: fed scrambles to get a grip on inflation while manchin hands schumer a green spending spree - photo licensed by shore news network.

SHEFFIELD: Fed Scrambles To Get A Grip On Inflation While Manchin Hands Schumer A Green Spending Spree Carrie Sheffield on July 27, 2022 The Federal …

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Loblaw misses revenue estimates as inflation-hit consumers cut spending

July 27, 2022
Loblaw misses revenue estimates as inflation-hit consumers cut spending - photo licensed by shore news network.

(Reuters) -Canadian retail group Loblaw Cos Ltd reported quarterly revenue below estimates on Wednesday as high inflation forces consumers to rein in discretionary spending. With …

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Argentina’s economy chief touts spending adjustment to investors

July 26, 2022
Argentina's economy chief touts spending adjustment to investors - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES – Argentina’s new economy minister told a gathering of investors in the United States on Tuesday she had begun an …

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UK prime minister hopefuls feud over tax and spending plans

July 25, 2022
Uk prime minister hopefuls feud over tax and spending plans - photo licensed by shore news network.

By Andy Bruce and Elizabeth Piper LONDON – The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday …

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U.S. triples reforestation spending for wildfire devastation

July 25, 2022
U. S. Triples reforestation spending for wildfire devastation - photo licensed by shore news network.

By Andrew Hay (Reuters) – The United States on Monday said it had tripled annual reforestation spending to tackle a four million acre replanting backlog …

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Analysis-Brazil risk premium soars after Congress breaks spending cap

July 22, 2022
Analysis-brazil risk premium soars after congress breaks spending cap - photo licensed by shore news network.

By Marcela Ayres and Jose de Castro BRASILIA – Brazilian fixed-income markets are pricing in the highest risk levels in years, raising red flags among …

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Biden State Department Spending Up To $100K Flying In Africans To Teach Them How To Fight ‘Disinformation’

July 19, 2022
Biden state department spending up to $100k flying in africans to teach them how to fight ‘disinformation’ - photo licensed by shore news network.

Biden State Department Spending Up To $100K Flying In Africans To Teach Them How To Fight ‘Disinformation’ Gabe Kaminsky on July 19, 2022 The U.S. …

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Hungary approves 2023 budget and deficit cuts after pre-poll spending spree

July 19, 2022
Hungary approves 2023 budget and deficit cuts after pre-poll spending spree - photo licensed by shore news network.

By Krisztina Than and Anita Komuves BUDAPEST -Hungary’s parliament on Tuesday approved the 2023 budget, which sets out to reduce the budget deficit next year …

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‘Knife In The Back’: MSNBC Host Sounds Off On Manchin Killing Biden’s Climate Spending Plan

July 19, 2022July 15, 2022
‘knife in the back’: msnbc host sounds off on manchin killing biden’s climate spending plan - photo licensed by shore news network.

‘Knife In The Back’: MSNBC Host Sounds Off On Manchin Killing Biden’s Climate Spending Plan Harold Hutchison on July 15, 2022 An MSNBC host decried …

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