Meta and Microsoft Investors Cheer an A.I. Spending Bonanza The New York Times Big tech sees AI investments begin to pay off Axios Big Tech’s AI spend is still a shot in the dark Financial Times Big Tech may be breaking the bank for AI, but investors love it Reuters Why Jim Cramer backs Meta’s AI spending — and the latest on Apple and …
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Consumer spending heated up a bit last month – but so did inflation
Facebook Tweet Email Link US consumers continued to spend in June, powering the economy in the process, despite tariff-related price hikes becoming more present on store shelves and online. Consumer spending rose 0.3% from May, when spending was flat, according to Commerce Department data released Thursday. The report — which provides a comprehensive look on how prices are changing as …
Read More »Colorado lawmakers must cut $1 billion from state’s current budget because of GOP federal tax and spending bill
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 …
Read More »Visa Profit Climbs 8% as Consumers Keep Spending – Barron's
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
Read More »Visa, Mastercard set for higher profits on solid spending trends
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 …
Read More »Harvard Is Said to Be Open to Spending Up To $500 Million to Resolve Trump Dispute – The New York Times
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 …
Read More »Apple’s Secret to Keep Us Spending: New Subscription Perks in iOS 26
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 …
Read More »Ahead of Shutdown Deadline, Democrats Face a Dilemma on Spending – The New York Times
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 …
Read More »As Nintendo Switch 2 breaks records, game subscription spending hits another all-time high in the US — boding well for Xbox Game Pass?
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 …
Read More »Moran wants to expedite passage of spending bill for NASA
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 …
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