Markets • March 15, 2023, 8:24AM EDT Ark Invest, Cathie Wood’s investment management firm, added 186,284 Block shares to three funds on Tuesday. The purchases were estimated at around $13.7 mill...
Tag: Spending
House GOP Calls Off Trump Financial Probe That Revealed Foreign Spending At His Hotel
Topline The Republican-controlled House is ending a yearslong probe into former President Donald Trump’s finances and whether his businesses benefited while he was president, The New York Times report...
NIO Inc. (NIO) Stock: Can high EV sales Counter Lavish Spending
NIO Inc. (NIO)’s lavish spending decreased their earnings, can positive sales help the growth. Founded in 2014 and headquartered in Shanghai, the EV manufacturer is known for their rebellious take on ...
House Conservatives Propose Spending Cuts
Topline The right-wing House Freedom Caucus wants to slash President Joe Biden’s student loan bailout program, rescind all Covid-19 funding and cap future federal spending over the next 10 years at fi...
Part IV – Value-Based Payment
This is the fourth and final installment for my series on the Health Affairs Council on Health Care Spending and Value’s February 2023 report, “A Road Map for Action.” Each piece details one of the fo...
Consumer spending in China isn’t surging back yet, companies say
A JD.com courier drives past the Zaha Hadid-designed Galaxy Soho complex in Beijing, China, on Saturday, Feb. 18, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has yet to see a strong reb...
Galaxy Digital has excess capital after acquisitions, needs to get them right before spending again
Galaxy Digital has leftover capital after its two infrastructure acquisitions late last year, but plans on getting it right with those first investments, co-president Chris Ferraro said. In Dece...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort – Press release Bitcoin News
press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-bac...
Remote work is now costing ‘the heart’ of NYC $12.4 billion annually in lost spending — here are 3 stocks that benefit from increasingly flexible work policies
Remote work is now costing ‘the heart’ of NYC $12.4 billion annually in lost spending — here are 3 stocks that benefit from increasingly flexible work policies The trend of working remotely has really...
Chelsea Transfer Spending Spree Derails Season For Potter And Boehly
COBHAM, ENGLAND – OCTOBER 07: Co-owner and Director Jonathan Goldstein, Head Coach Graham Potter and … [+] Co Owner and Chairman Todd Boehly of Chelsea during a training session at Chelsea...
Part III – Spending Growth Targets
This is the third in a four-part series on the Health Affairs Council on Health Care Spending and Value’s newly released report, “A Road Map for Action.” Each piece details one of the four priority ar...
Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts
Target (TGT) posted fiscal fourth-quarter earnings results before the market open on Tuesday that beat estimates as consumer spending shifts away from discretionary categories. The Minneapolis-based r...
Walmart, Amazon, And The Home Depot Agree, Consumer Spending Will Slow In 2023
Walmart’s value-oriented position will serve consumers well with diverse product offerings as … [+] spending slows for 2023. Getty Images Consumer spending may be waning as three of the to...
Companies Shrink Dividends as Executives Shift Gears on Spending
(Bloomberg) — Faced with declining earnings and heavy debt loads, companies are reducing dividend payments to shareholders to improve the health of their balance sheets. Most Read from Bloomberg...
San Diego Padres Owner Peter Seidler’s Spending Is Sending Shock Waves Through MLB And He Could Care Less
San Diego Padres owner Peter Seidler speaks at a news conference held to announce shortstop Xander … [+] Bogaerts’ $280 million, 11-year contact with the Padres, yet another rich deal fund...
After Wild Winter Of Spending, National League Clubs Contend For Six Spots In Baseball Post-Season
Pete Alonso led the 2022 Mets with 40 home runs, then signed a new one-year contract for $14.5 … [+] million, a record for a first baseman in his second year of arbitration eligibility. He’...
Texas Sues Biden To Undo Congressional Spending Bill
Topline Texas is trying to invalidate the $1.7 trillion omnibus spending bill Congress passed in December, as state Attorney General Ken Paxton (R) filed a federal lawsuit Wednesday against the Biden ...
Americans are spending despite high inflation. That means rate hikes
Fresh economic data this week shows Americans are shopping more than expected at the start of the year, even as prices continue to rise. That may be good news for some of the Club’s retail holdi...
Cannabis Spending On Super Bowl Sunday Takes Slight Dip This Year
A close up of a football with a marijuana plant. getty Cannabis spending declined this past Super Bowl Sunday, with the typical checkout basket size valued at $84.61, a -4% decline from same store sal...
Prices are still going up, and consumers are still spending: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 14, 2023 Today’s newslette...
Part I – Administrative Waste And Inefficiencies
This is the first in a four-part series on the Health Affairs Council on Health Care Spending and Value’s newly released report, “A Road Map for Action.” Each piece will detail one of the four priorit...
Venture Capital Joins Pentagon In Spending Big To Thwart China In Quantum-Tech War
Companies like Vector Atomic and Infleqtion are helping the military harness quantum technologies to develop underground sensing, secure communications and alternatives to GPS. By Jeremy Bogaisky Ifa ...
CleanSpark Going On A Spending Spree Despite Crypto Winter
Join Our Telegram channel to stay up to date on breaking news coverage CleanSpark, a bitcoin mining company based in the US, plans to continue to go along with its mergers and acquisitions, despite a ...
Are Republicans Serious About Cutting Pentagon Spending?
The negotiations over the election of Rep. Kevin McCarthy as Speaker of the House prompted howls of protest from the Washington establishment for one major reason – the fear that the budget freeze McC...
Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending
A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...
Inflation is wreaking havoc on the American middle class and 8 out of 10 say they are spending their savings just to get by
Surging prices over the past year have hit many people in their pocketbooks. Average wages have risen somewhat, but not enough to keep up with inflation, which peaked in June at a 40-year high of 9.1%...
How To Invest In Defense Stocks To Capitalize On U.S. Government Spending In 2023
Getty Images Key takeaways The U.S. government is poised to spend about $800 billion on defense in the coming year Some publicly-traded companies compete for government defense contracts that can be w...
BP May Cut Renewable Energy Spending. Its Stock Could Catch Exxon, Chevron.
BP stock was heading higher Wednesday morning after the Wall Street Journal reported that the European oil giant was planning to narrow its investments in renewable energy. The former British Petroleu...
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...