Business
Shell boosts investor returns, trims spending, and bets big on LNG
Shell said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of…
Tag
Spending
Politics
Lawmakers in both parties hope next spending battle will yield different results
Republicans and Democrats have different spending priorities but are largely united in their hope of striking a bipartisan deal the next…
Politics
House narrowly OKs budget plan for trillions of dollars in tax and spending cuts
WASHINGTON — The House narrowly adopted a sweeping budget resolution Tuesday night, paving the way for massive tax and spending reductions…
Business
Payments firm Block’s profit misses estimate on underwhelming holiday spending
BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in…
Politics
Trump administration launches review of California's high-speed rail spending
The Trump administration has launched a compliance review into California’s high-speed rail project, Transportation Secretary Sean Duffy…
Politics
Hegseth faces backlash after proposing Pentagon cuts to fund Trump's agenda
Secretary of Defense Pete Hegseth faced some heat on Wednesday after directing the Department of Defense (DOD) to find $50 billion in…
Politics
Hegseth wants to cut Biden-era spending in the Pentagon to fund Trump priorities
Defense Secretary Pete Hegseth wants Pentagon officials to lop off about 8% from the next defense budget to help fund the military…
News
How Much Does a College Student Spend on Groceries?
Grocery shopping takes up a significant portion of an average college student’s budget. With tuition, rent, textbooks, and other expenses,…
Business
Germany argues for limits to EU defence spending exemption
German Finance Minister Jörg Kukies on Monday argued that countries such as Italy, Spain and Belgium should not be able to benefit from…
Politics
Where U.S. adults think the government is spending too much, according to AP-NORC polling
Many U.S. adults believe the federal government is overspending - but polling also shows that many Americans, including Republicans, think…
Politics
Trump's spending pause exposes extreme reach of federal government
As the battle over President Trump's spending pause plays out in the courts, it's becoming clear just how far Uncle Sam's financial…
Politics
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Republicans in Congress have responded to President Trump’s unilateral moves to freeze federal spending, dismantle programs and fire civil…
Politics
Appeals court rejects Trump administration push to reinstate spending freezes on grants and loans
A federal appeals court on Tuesday rejected a Trump administration push to reinstate a sweeping pause on federal funding, a decision that…
Politics
Red states launch DOGE efforts to purge wasteful spending
Eight red states from Iowa to Texas started versions of President Trump's Department of Government Efficiency to stop wasteful spending --…
Politics
House Freedom Caucus offers budget plan that sides with Senate approach but has more spending cuts
The House Freedom Caucus released its own budget blueprint Monday, including a proposed $4 trillion increase in the debt limit, as the…
Politics
Democrats divided over using government shutdown to fight Trump agenda
Democratic New Jersey Senators Cory Booker and Andy Kim were divided on Sunday about using the upcoming deadline to pass a spending…
Politics
Speaker Johnson says tax cuts will be offset with spending cuts
House Speaker Mike Johnson said Sunday that Republicans will find spending cuts to offset President Trump's push for tax cuts, which a…
Business
China inflation picks up after Lunar New Year spending boost
Lunar New Year shopping helped boost consumption in China in January (GREG BAKER) Inflation picked up in China last month, official…
Politics
Trump Has Launched a Necessary Fight Over the President’s Spending Discretion
Whether he realizes it or not, he could help restore the system the Founders envisioned. Source link
Business
Japan's December household spending beats expectations
TOKYO (Reuters) - Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much…
Business
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up…
Business
Gen Z is giving more expensive Valentine's Day gifts than millennials
As Valentine's Day approaches, new data suggests that Generation Z consumers are poised to spend more on gifts and experiences than…
Politics
Senate to move on Trump agenda as House GOP splinters over spending cuts
Senate and House Republicans, after weeks of sparring over which chamber holds the key to enacting President Trump's legislative agenda,…
Politics
Sen. Joni Ernst applauds Secretary of State Rubio's push to overhaul USAID and review its spending
Sen. Joni Ernst is looking to keep the focus on the lack of transparency and accountability at the U.S. Agency for International…