Business
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…
Tag
Spending
Politics
'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…
Politics
Lawmaker demands answers to reports Musk seeking Treasury payment access
Democrat lawmakers have demanded an explanation from the Trump administration as to why tech entrepreneur Elon Musk and his Department of…
Business
Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
We have sad news: We are following the latest on the midair collision near Ronald Reagan National Airport outside Washington between an…
Business
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…
Business
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…
Politics
Federal Spending Freeze Does Not Apply to Student Loans and Pell Grants
The U.S. Department of Education said in a statement on Tuesday morning that the memo sent to government agencies the day before calling…
Business
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,…
Business
AI spending is set to grow in 2025: report
ARTIFICIAL intelligence (AI) adoption is set to rise as most companies expect to ramp up spending on the technology in their next fiscal…
News
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…
News
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…
Politics
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,…
Politics
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…
News
Halloween Spending Statistics 2024
Halloween 2024 is shaping up to be a big year for spending, with Americans expected to shell out around $11.6 billion on costumes, candy,…
Politics
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…
Politics
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
Black Friday Spending by Category
Black Friday is that time of year when everyone seems to lose their minds over sales. It’s like a shopping frenzy, with folks lining up at…
Politics
NATO Considers Raising Defense Spending as Chief Fears Predictions of WWIII Might Come True and Says 'We're Not Ready for What's Coming'
NATO member countries are holding urgent discussions on increasing their defense budgets to 3 percent of their GDP amid growing concerns…
Business
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
Politics
Putin makes it official: Russia is all in on defense spending
Putin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war. Defense spending will rise to 13.5 trillion rubles,…
Business
China's 'Singles Day' shopping spree in spotlight as spending flags
China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding…
News
Israeli budget hikes military spending, VAT, cuts social services
The Israeli government on Friday approved higher military spending and cuts in education, health and social services in a draft budget for…
Politics
Brazil Ministers Renew Push to Sell Lula on Spending Cuts
(Bloomberg) -- Brazil’s government will unveil “as many measures as possible” to cut spending this year, Planning and Budget Minister…