Tag Archives: Spending

Trump’s economy bounces on consumer spending surge  Politico The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported  CNN Economy Had a Strong Spring, Latest Revision Shows  The Wall Street Journal US economic growth revised up on strong consumer spending  BBC Surprisingly strong GDP report undermines economic slowdown narrative  Axios Source link

Alibaba Shares Jump After CEO Reveals Plans to Raise AI Spending  Bloomberg.com Alibaba’s Stock Price Does Not Reflect The Reality (NYSE:BABA)  Seeking Alpha From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot  CNBC Alibaba Shares Soar After CEO Hikes AI Spending Past $50 Billion  Yahoo Finance Alibaba shares rise over 6% after CEO unveils plans to boost AI spending  CNBC Source …

Alibaba‘s Hong Kong-listed shares surged on Wednesday to reach their highest point since 2021 after the company said it will invest more in artificial intelligence and rolled out new AI products and updates.  Shares of the company jumped over 6%, while its total gains year to date rose above 107%.  The tech giant plans to increase spending on AI models …

Nikhil Inamdar & Archana ShuklaBBC News, Mumbai LightRocket via Getty Images Lower GST rates coincide with the beginning of a long festive season in India Starting Monday, the daily economic burdens of millions of Indians could ease slightly. Staples like milk and bread, life and medical insurance and life-saving drugs will become tax-free. Consumption tax on small cars, television sets …

Low-income Americans slash spending, a worrying sign for the economy  The Washington Post Americans’ spending in this 1 key area has dropped for 3 months straight — that hasn’t happened since 2008. But 1 group is still throwing money around  moneywise.com Consumer Spending Growth Slows to 4-Year Low  PYMNTS.com Source link

Senate fails to pass stop-gap spending bills as shutdown looms  Axios ‘It’s a new world with Trump’: Inside Democrats’ shutdown gamble  CNN Democrats Block GOP Spending Extension as Government Shutdown Looms  The New York Times Senate rejects both parties’ bills to avoid a shutdown, leaving next steps uncertain  NBC News These four lawmakers bucked their party on stopgap spending bill  The Hill Source link

Microsoft boosts Wisconsin data center spending to $7 billion  ReutersView Full Coverage on Google News Source link

As Shutdown Looms, Democrats Outline Spending Demands on Medicaid and Obamacare  The New York Times GOP defections sink effort to censure Rep. Ilhan Omar  Politico Republican leaders reject Democratic health care demands for bill to avoid shutdown  AP News Republicans propose $88m in security for lawmakers after Charlie Kirk killing  The Guardian Democrats say shutdown necessary to send ‘message’ to Trump  The Hill Source link

Senate leadership US shutdown Congressional news Donald Trump See all topics Facebook Tweet Email Link Senate Minority Leader Chuck Schumer made a major calculation in March: He voted to keep the government open and convinced enough Democrats to go along with him – and endured furious blowback from the left. This time, he says, things have changed. “The situation is …

Moody’s economist: US avoids recession if well-to-do ‘keep spending’  The Hill The economy is chugging along, but consumers are uneasy  NBC News Top 10% of Earners Drive a Growing Share of US Consumer Spending  Bloomberg.com Wealthy consumers account for nearly half of all US consumer spending  Baton Rouge Business Report The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich …