Finance News – Spending
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Target sales fall sharply in first quarter as customers worry about tariffs
Target’s first-quarter revenue declined significantly, prompting forecasts of continued downturn throughout 2025 due to reduced consumer spending driven by economic concerns and tr...
Read Full Article →Blow to UK’s 2030 clean energy targets as SSE cuts spending on renewables
A major energy company has reduced its renewable energy investment by £3 billion over five years, potentially slowing progress toward the United Kingdom’s clean power objectives fo...
Read Full Article →GDP surge gives Reeves only brief respite from economic challenge
Although recent economic growth exceeded expectations, experts suggest the chancellor may still face the necessity of adjusting fiscal policies through increased taxes or reduced p...
Read Full Article →CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit
CoreWeave experienced significant revenue growth driven by increased AI demand, yet substantial expenses and large future investments have resulted in notable financial losses and...
Read Full Article →Trump’s dangerous projects follow a predictable pattern
The recent decline of several key government initiatives has led to financial setbacks, impacting trade policies and regional investments while highlighting broader economic challe...
Read Full Article →Trump has shaken Europe out of ‘lethargic’ habits, says DWS chief
According to Stefan Hoops, increased tensions from the trade conflict have prompted European businesses to accelerate investment and economic activity, breaking a period of slow fi...
Read Full Article →Trump eyes tax hike on wealthy—here’s how a 39.6% top rate compares to historic levels
A proposed increase in the top tax rate to 39.6% would impact high earners and could influence government revenue by aligning with or exceeding previous tax policies on the wealthy...
Read Full Article →March Madness drags down Flutter first-quarter results
Despite global economic uncertainties, CEO Peter Jackson expects continued customer engagement in online sports and casino gaming, although the first-quarter performance was negati...
Read Full Article →BAE Systems to spend billions on growth and hire thousands more staff
The company’s upcoming investment and large-scale recruitment efforts reflect expectations of increased demand in the defense sector, contributing to a significant rise in its stoc...
Read Full Article →Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Rivian has adjusted its 2025 expectations by lowering the anticipated vehicle shipments while simultaneously increasing its projected expenses due to challenges related to import d...
Read Full Article →Earnings show one tech segment starting to feel the tariff pinch fastest
Recent earnings indicate that while advertising-driven companies maintain stability, consumer-oriented segments are increasingly affected by reduced spending amid rising tariffs an...
Read Full Article →Here’s why Block is taking a more cautious view of the year ahead
Block's stock decline reflects growing consumer caution regarding spending through Cash App, raising concerns about future inflows and the company's financial outlook for the upcom...
Read Full Article →McDonald’s and General Motors say Trump’s tariff war is harming business
Both McDonald's and General Motors experienced financial setbacks attributed to tariff-related uncertainty, with the fast-food chain reporting a 3.6% decline in sales and the autom...
Read Full Article →Meta says China retailers are reducing digital ad spend
Chinese online retailers are decreasing their digital advertising expenditures on platforms like Facebook and Instagram, influenced by the economic implications of the current trad...
Read Full Article →Meta’s blowout earnings show why investors shouldn’t sweat a boost to AI spending
Meta's increased capital expenditure forecast reflects its strong revenue growth, indicating that the company can sustainably support its investments in artificial intelligence wit...
Read Full Article →As Musk nears end of 130-Day DOGE stint, he’s down $175 billion
Musk has experienced a significant financial decline, with his wealth decreasing by $175 billion and Tesla's market value dropping by $700 billion since January, outpacing recent g...
Read Full Article →Muddied U.S. GDP report leaves investors with little clarity about economic risk
The recent U.S. GDP report generates uncertainty among investors regarding economic risks, despite economists expressing optimism over the growth in consumer spending as a positive...
Read Full Article →Will five teams in the NHL playoffs (and a surge of patriotism) mean ka-ching for Canada?
The outcome of the NHL playoffs could significantly impact consumer spending in Canada, influenced by both national pride and prevailing economic uncertainties tied to the trade wa...
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