Tag Archives: Spending

Colorado lawmakers must cut about $1 billion from the state budget for the current fiscal year, which began July 1, to address tax revenue reductions caused by the federal spending bill passed by Republicans in Congress earlier this month.  Nonpartisan Legislative Council Staff and the Governor’s Office of State Planning and Budgeting told top state legislators Wednesday that the so-called …

Visa Profit Climbs 8% as Consumers Keep Spending  Barron’s Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares  Yahoo Finance Visa says spending is growing at a healthy rate, but its stock dips after earnings  MarketWatch Visa, Mastercard set for higher profits on solid spending trends  Reuters Visa Profit Beats Estimates on Gains in Cross-Border Spending  Bloomberg.com Source link

By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Visa and Mastercard are expected to report higher quarterly profits this week on steady consumer spending, and analysts will scrutinize how demand for travel and discretionary purchases is shaping up in the face of tariff uncertainty. The results from the world’s biggest payment processors will help flesh out the broader financial outlook …

Harvard Is Said to Be Open to Spending Up To $500 Million to Resolve Trump Dispute  The New York Times Columbia deal is a ‘cultural change’ for universities: McMahon  ABC News Republicans May Come to Regret Trump’s Columbia Shakedown  Slate Magazine Columbia’s deal with Trump administration seeks to reduce foreign students  Gothamist Trump Presses Harvard To Pay More Than Columbia in Federal Settlement  The Harvard …

Apple’s biggest product is the iPhone. But its second most important product isn’t something you can hold in your hand or place on a desk — it’s subscriptions.  These include Apple Music, Apple TV Plus, Apple News Plus, iCloud Plus, Apple Arcade and Fitness Plus — the content we can stream, play or access instantly with a monthly fee. Last …

Ahead of Shutdown Deadline, Democrats Face a Dilemma on Spending  The New York Times Senators eye passage of three-bill bundle for ‘minibus’ funding package  Politico Democrats warn Trump’s plan to claw back more funds may spark a shutdown  The Washington Post Schumer faces ‘no-win situation’ with far-left Dems ahead of government shutdown battle, Sen. John Thune says  Fox News Both parties promise bipartisanship to …

Video game subscription spending reached a new monthly all-time high in the U.S. in June 2025. That’s according to the ever-insightful Circana executive director and analyst Mat Piscatella, who shared details on video game spending during the month via a Bluesky thread on Wednesday. Per Piscatella, the Nintendo Switch 2 sold 1.6 million units, setting a record for the highest …

LAS VEGAS — The chairman of the Senate appropriations subcommittee that funds NASA says he wants to quickly pass a spending bill that includes the agency to avoid a potential deterioration in the appropriations process. To continue reading this article: Register now and get3 free articles every month. You’ll also receive our weekly SpaceNews This Week newsletter every Friday. Opt-out …

Amex Beats Estimates as Premium Clients Keep Spending on Cards  Bloomberg Amex Q2 Card Member Spending Hits Record, Card Fees Soar  Yahoo Finance American Express Revenue Rises on Card Fee Growth  The Wall Street Journal American Express earnings show healthy spending — including on these fancy categories  MarketWatch American Express’ Affluent Cardholders Send Revenue to Record High While Earnings Slip  Barron’s Source link

By Niket Nishant (Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending from its affluent cardholders. The beat underscores how the credit card giant’s focus on wealthy customers has helped insulate it from the effects of waning consumer confidence, which is more pronounced among lower-income households. While not representative of the broader economy, AmEx’s …