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May 24, 2022

spending

It’s not just spending — Biden’s record regulations are driving inflation too

NYPost
Jonathan Ingram The role of regulations in the inflation crisis is largely overlooked but shouldn’t be. When Washington wraps the economy in red tape, businesses must spend massive sums on compliance. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics......

Exclusive: India considering spending additional $26 billion to fight inflation

Reuters
Customers buy vegetables at a market in Ahmedabad, India, September 29, 2015. REUTERS/Amit Dave/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 22 (Reuters) – The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion......

Households are now spending an estimated $5,000 a year on gasoline

CNBC
CNBC – For more and to sign up click here A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022. Mike Blake | Reuters U.S. households are now spending the equivalent of......

House Democrats announce $28 million emergency spending proposal addressing baby formula shortage

Politico
Politico.com – For more and to sign up click here House Democrats announce $28 million emergency spending proposal addressing baby formula shortage lead image Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

New Jersey rakes in $6.9B more in tax revenue than expected: ‘Unprecedented’

USA TODAY – For more and to sign up click here Zachary Halaschak New Jersey’s tax revenues are $6.9 billion over what Gov. Phil Murphy projected just months ago, the New Jersey Office of Legislative Services announced on Monday. David Drescher, chief of OLS’s revenue, finance, and appropriations section, told......

Inflation remained near a 40-year high in April. Here’s where consumers plan to cut spending

CNBC
CNBC – For more and to sign up click here If inflation continues, more than 50% of adults say they’ll cut back spending on dining out and will consider reducing that further, according to the CNBC + Acorns Invest in You survey, conducted by Momentive. Kali9 | E+ | Getty......

Energy secretary explains why feds are spending $2.5 billion on carbon capture

CNBC
CNBC – For more and to sign up click here Secretary of Energy Jennifer Granholm takes questions during a media briefing at the White House in Washington, U.S., November 23, 2021. Evelyn Hockstein | Reuters The U.S. Department of Energy announced on Thursday it was taking its first steps to......

E-commerce stocks plummet as consumers pull back online spending

CNBC
CNBC – For more and to sign up click here The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on some items to still afford the essentials. That......

Seattle can make history as MLS spending rivals Liga MX

ESPN
For Garth Lagerwey, the flashbacks are unavoidable. Eleven years ago, the Seattle Sounders GM and president of soccer had a similar role with Real Salt Lake, and in 2011 the squad he put together was on the cusp of history. The final of that year’s CONCACAF Champions League pitted RSL......

Lyft offers lackluster profit goal, forecasts more driver spending, shares sink 27%

Reuters
The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register May 3 (Reuters) – Lyft Inc (LYFT.O) on Tuesday gave lackluster targets for operating earnings due to its need to spend more heavily to attract......

U.S. consumer spending accelerates; wage inflation rising

Reuters
Shoppers browse in a supermarket in north St. Louis, Missouri, U.S. April 4, 2020. REUTERS/Lawrence Bryant/File Photo Register now for FREE unlimited access to Reuters.com Register Consumer spending increases 1.1% in March PCE price index jumps 0.9%; up 6.6% year-on-year Core PCE gains 0.3%; increases 5.2% year-on-year Employment cost index......

Pinterest posts strong quarter on ad spending boost

Reuters
Pinterest app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Revenue jumps 18% on retail advertising strength Shares rally 9% in extended trading Ukraine conflict weighs on Q2 outlook April 27 (Reuters) – Pinterest Inc’s......

Visa allays slowdown fears as strong consumer spending lifts quarter

Reuters
A credit card is seen in front of a displayed Visa logo in this illustration taken July 15, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sees revenue growth above pre-COVID levels Shares gain 5% in after-market trading April 26 (Reuters) – Visa Inc (V.N) said......

Argentina inflation surges to decades-high in March, sapping spending power

Reuters
BUENOS AIRES, April 13 (Reuters) – Argentina’s monthly inflation rate soared to 6.7% in March, the government said on Wednesday, far above forecasts and the highest level in two decades as spiraling food and fuel prices dent the value of salaries and savings. The INDEC statistics agency said the annual......

Berlin derby a battle of contrasts in approach, spending, success

ESPN
Ahead of the latest installment of the Berlin derby, ESPN’s lead Bundesliga commentator Derek Rae says Union have outdone their capital rivals through shrewd football economics and squad building on a smaller budget, but sustaining that over many years might be a much bigger challenge. On Saturday night, Hertha Berlin......

Teens are worried about the U.S. economy, but they’re still spending on Nike and Lululemon

CNBC
CNBC – For more and to sign up click here Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growing economic uncertainty, according to a new survey. Athletic......

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