spending
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Business
German Government Slashes Spending, Except on the Military
Why it matters: Germany has neglected military spending for too long. Despite intense pressure from the United States, Germany last…
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Business
Consumer Spending Stalled Last Month
Private consumption slowed sharply last month. That’s good news for policy makers worried about inflation, but it’s also a sign…
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Business
Post-Pandemic Spending on Hotels and Travel May Be Cooling Down
After two years of heavy spending, deprived of vacations and other experiences in lockdowns caused by the pandemic, Americans may…
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Business
China’s Biggest Banks Cut Deposit Rates to Spur Consumer Spending
why it matters Lowering deposit rates is one of the tools policymakers can use to stimulate spending. Lower interest rates…
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Business
Why the Debt Limit Spending Cuts Likely Won’t Shake the Economy
The last time the U.S. came critically close to defaulting on its debt, a Democratic president and Republican House Speaker…
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Business
Consumer Spending Rose More Than Expected in April
Both American incomes and spending rose in April, demonstrating the resilience of the economy amid rising prices and warnings of…
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Business
Military Spending Emerges as Big Dispute in Debt-Limit Talks
Republicans are calling for waivers of the Pentagon spending cap and deep cuts to domestic programs such as education, and…
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Business
McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House
With the possibility of a federal debt default looming just over a week away, House Speaker Kevin McCarthy on Wednesday…
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Business
Debt Limit Negotiators Debate Spending Caps to Break Standoff
As negotiators in the White House and House Republican leadership struggle to reach a deal over raising the national debt…
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