Millions of households will be spending nearly third of income on fuel by spring

Millions of households will be paying almost a third of their income in fuel costs this spring, amid warnings that a “black hole in provision” remains for Britain’s poorest families. The vast majority of households in some vulnerable groups – including some 70% of pensioners – will be spending a tenth or more of their … Read more

‘Difficult times ahead in public spending’ warns Alliance deputy leader

There are difficult times ahead in terms of public spending in Northern Ireland, the Alliance deputy leader has warned. Stephen Farry was reacting after Secretary of State Chris Heaton-Harris moved to set a budget for the region in the absence of a Stormont Executive. Mr Farry described as “regrettable but inevitable” that it fell to … Read more

Japan finance minister urges swift adoption of more spending measures

* Japan compiles $207-bln extra budget, backed by debt * PM Kishida hopes extra budget eases pain from weak yen * Global recession risks add to pallid COVID recovery By Tetsushi Kajimoto TOKYO, Nov 21 (Reuters) – Japanese Finance Minister Shunichi Suzuki vowed on Monday to guide economic and fiscal policy in a “responsible” manner, … Read more

Harriett Baldwin set to take on Jeremy Hunt over taxes and spending

would describe herself as the “Cassandra” of the Treasury Select Committee. For the last three years, says Ms Baldwin, she has been asking the Bank of England Governor about inflationary pressure and the Deputy Governor about possible risks in the gilt market. Now, as the newly elected Tory chairman of the committee, the 62-year-old has … Read more

Global Real World Evidence Solutions Market Report 2022: Increased R&D Spending for the Development of New Pharmaceu

Global Real World Evidence Solutions Market Dublin, Nov. 17, 2022 (GLOBE NEWSWIRE) — The report has been added to ResearchAndMarkets.com’s offering. The global RWE Solutions market is projected to reach USD 2.9 Billion by 2027 from USD 1.5 Billion in 2022, at a CAGR of 15.2% during the forecast period. Rise in the geriatric population … Read more

Meta employees are bracing for possible layoffs as growth slows and spending on the metaverse soars

Good morning, everyone! It’s Thursday, which means there are only about 36 more hours until the weekend begins (but who’s counting). Today I’m dreaming of Bali, which will soon let tourists move there for five or 10 years. It seems like the perfect option for the digital nomads among us, but there’s just one little … Read more

Alphabet’s earnings report confirmed a big ad spending slowdown, and that bodes poorly for Meta

Google’s ad revenue fell by nearly $2B compared to the previous quarter, proving a slowdown in the ad market The disappointing results are a “bad omen” for digital advertising companies at large, including Meta. The numbers follow Snap, which also reported that advertising partners are “decreasing budgets.” Alphabet’s quarterly results prove the advertising market is … Read more

Fed Is Losing Billions, Wiping Out Profits That Funded Spending

(Bloomberg) — Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity. Most Read from Bloomberg The bond market is enduring its worst selloff in a generation, triggered by high inflation and … Read more

American Express CEO: ‘We’re not seeing any changes in consumer spending’

American Express () CEO Stephen Squeri has a message for investors on Friday following the company’s third-quarter earnings release: Read the release again. “We’re not seeing any changes in consumer spending,” Squeri told Iheart Finance. “We have strong credit quality.” The CEO also addressed concerns about a business slowdown should a recession materialize. “If anything … Read more

American Express CEO: ‘We’re not seeing any changes in consumer spending’

American Express () CEO Stephen Squeri has a message for investors on Friday following the company’s third-quarter earnings release: Read the release again. “We’re not seeing any changes in consumer spending,” Squeri told Iheart Finance. “We have strong credit quality.” The CEO also addressed concerns about a business slowdown should a recession materialize. “If anything … Read more