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Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday (Jul 29), as the global payments processing company was helped by strong card spending volumes despite…
The received wisdom in corporate America is that to you need to spend money to make money. And that’s true enough. But exactly how much money companies choose to push back into their…
ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about US$85 billion and predicted a further increase next…
Most Senate Democrats on Tuesday temporarily put aside their frustrations with the Trump administration's handling of government funding and joined Republicans in teeing up action on…
Partisan tension over Trump administration efforts to cut spending is raising the prospect of a shutdown fight come September, when government funding will run out. Source link
Congress cleared a $9 billion package of spending cuts to foreign aid and public broadcasting for President Trump's signature, codifying a small portion of Department and Government…
The first half of the year was a learning curve for everyone. The economic uncertainties with the ever-changing tariffs put in place, rapid accelerations in artificial intelligence,…
ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated chip-making machines, even as chief executive…
Yields for long-term debt from Japan and Germany to the UK and France rose on Monday (Jul 14) as growing concern over widening fiscal deficits dented demand. The yield on Japan’s 30-year…
The Senate is set to take up a White House-requested $9.4 billion spending-cut package in the coming days, but Republicans may need to pare it back to secure enough votes for passage.…
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor Manufacturing Company’s (TSMC) revenue rose a…
Bradley Cooper, Anne Hathaway's COVID-19 Lockdowns While COVID-19 might feel like a distant memory now, it turns out there are some tidbits of information from five years ago that we still…
Billionaire entrepreneur Elon Musk has officially launched a new political organization called the America Party, marking a dramatic shift in his political alignment and signaling a direct…
President Donald Trump plans to sign his package of tax breaks and spending cuts into law Friday after his cajoling produced almost unanimous Republican support in Congress for the…
Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.…
Protesters screaming that President Trump's proposed cuts to foreign aid would kill people were removed from a Senate hearing Wednesday with the top White House budget official. Source link
“I’m not being boujee, but they have to do this while we’re talking,” Logic says as a crew of makeup artists encircle him, powdering his face as we chat. “It’s okay,” I assure him. “You’re…
The firm continues to face challenges due to weak consumer demand, stiff competition, and 25% US tariffs Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its…
Senate Republicans are plotting ways to cut more spending than their House counterparts did in President Trump's "big, beautiful bill" as concerns about the measure's deficit impact mount…
Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will powers the demand for digital infrastructure and…
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the next 12 years, and will go public to fund the…
Elon Musk, who has been one of Donald Trump‘s closest and most influential allies, has exited the administration 128 days into the President’s second term. On Wednesday, Musk took to his…
A group of Senate Republicans, led by fiscal stalwart Ron Johnson of Wisconsin, are prepared to torpedo President Trump's signature tax cut bill unless changes are made to slash much more…
Sen. Ron Johnson says the spending cuts in President Trump's "big beautiful bill" amounts to a "rounding error" in the amount of money Uncle Sam spends each year. Source link
