Culture
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…
Tag
Spending
News
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…
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…
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…
Fashion
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…
Culture
Google shares slide on spending plans despite sales jump
TECH giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 per cent to…
Lifestyle
'Shadow government'? Billionaire Elon Musk's grip on U.S. government spending raises questions
The world’s richest man, acting as an unelected “efficiency” consultant to President Trump, has in recent days managed the rare feat of…
Business
Philippines shores up defenses with increased military spending
CHRISTCHURCH, New Zealand — As the Philippines beefs up its defensive posture, pivoting from internal security to territorial defense, the…
Culture
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
DAYS after Chinese upstart DeepSeek revealed a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology…
Fashion
Microsoft shares slide as cloud forecast, AI spending disappoint
MICROSOFT on Wednesday (Jan 29) forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per…
News
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025,…
Culture
AI spending is set to grow in 2025: report - The Business Times
ARTIFICIAL intelligence (AI) adoption is set to rise as most companies expect to ramp up spending on the technology in their next fiscal…
Fashion
Karen Bass: LA Mayor Cut Fire Department Funding by Nearly $18M and Diverted It to Homeless Spending Months Before Wildfires Wiped Out Cities
Los Angeles Mayor Karen Bass came under intense criticism on Wednesday after it was revealed that she cut the city's Fire Department…
Lifestyle
People taking Ozempic are spending less money on groceries
People using weight loss drugs like Ozempic are saving hundreds of dollars on groceries each year, according to a new study. Why It…
Lifestyle
Red Sox Rank 11th In MLB Free Agent Spending at Offseason Midpoint
On New Year's Day 2025, it has been 62 days since the end of the World Series, with 84 days remaining until opening day, March 27.…
Lifestyle
Opinion: Politics past will haunt Washington in 2025. It won't be pretty
To look back over the politics of the past year is to see a preview of the coming one. It’s not pretty. Donald Trump, as president again,…
Culture
Taiwan’s science ministry warns spending cuts could hit chips, AI funding
TAIWAN’S science ministry warned on Friday (Dec 27) that funding for areas such as semiconductors, artificial intelligence (AI) and…
Lifestyle
Republican "undecided" on Mike Johnson after spending bill passes House
What's New Republican Congressman Andy Harris has suggested that he is "undecided" about supporting Speaker of the House Mike Johnson's…
News
Hakeem Jeffries Lets Mike Johnson Dig His Own Spending Bill Grave
Mike Johnson is about to be hoist by his own petard, and House Minority Leader Hakeem Jeffries isn’t coming to the rescue this time.…
News
Republican Lawmaker Vows to Go to War With Trump on Spending Bill
Those who met with the president were reportedly told that “exchanges should be short and focused.” Meetings were strategically scheduled…
News
Trump Sure Seems Pissed at Elon Musk Over the Spending Bill
This election cycle, Trump heaped sincere praise on Ocasio-Cortez in a similar manner. And, notably, he chose to do so during what New…
News
Mike Johnson’s Spending Bill May Have Cost Him His Most Powerful Ally
House Speaker Mike Johnson has begun the steady descent out of Donald Trump’s favor. A source close to Trump told NOTUS Thursday that the…
Lifestyle
Musk is "president-elect" after he helped tank spending plan: David Axelrod
What's New Elon Musk's influence over President-elect Donald Trump has made him the true "president-elect," according to David Axelrod,…
News
Republican Rep. Kicks Off New Speaker Drama Over Spending Bill
It looks like House Speaker Mike Johnson might be at risk of losing his job. Republican Representative Thomas Massie said Wednesday that…