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 holdings, but less so for the broader market — because the numbers suggest the Federal Reserve will need to keep […]
Tag: spending
A two-year-old girl has been rescued after spending 150 hours stuck under rubble as Turkey and Syria remain in crisis. The young child was later transferred to a hospital in Adana in southern Turkey. Images show the little girl being cared for by medical teams. Turkey and Syria were hit by a deadly 7.8 magnitude […]
BlackRock sharply increased its spending on lobbying in the US last year as the world’s largest asset manager came under attack over its use of environmental, social and governance (ESG) factors in investing. BlackRock disclosed spending $2.38mn in 2022 on federal lobbying, up 63 per cent from 2021. Within that, it more than doubled the […]
Paramount Network’s popular TV series “Yellowstone,” has sparked the interest of a worldwide audience, bringing an estimated 2.1 million visitors and $730 million in spending to Montana in 2021, according to a new University of Montana study. Conducted by UM’s Bureau of Business and Economic Research and UM’s Institute for Tourism and Recreation Research, the […]
Netflix still spends a small fortune on content. But relatively speaking, the streamer in 2022 kept a lid on payments for TV shows and movies — underscoring that the days of runaway spending on programming are behind it. Last year, the streamer paid out $16.84 billion on a cash basis for content, which was 4.9% […]
President Emmanuel Macron promised to boost French defence spending to the end of 2030 to reinforce the country’s capabilities in response to new global threats after Russia’s invasion of Ukraine. “The new conflicts of our century will not be of our choosing,” Macron said in a new year speech on Friday at the Mont-de-Marsan air […]
EastEnders star Danny Dyer has been left red-faced in Italy after his luggage spilt out of a fake Louis Vuitton suitcase that he had purchased on eBay for hundreds of pounds This post is originally appeared on OK UK
BOKEELIA, Fla. — It’s hard to imagine that southwest Florida could have a tourism season after Hurricane Ian, but some businesses are reporting an influx of visitors. The Tarpon Lodge on Pine Island in Bokeelia says people are coming to eat and rent out rooms. However, it’s not your typical visitor. “We have rented them […]
The leader of an RCMP unit tasked with policing resistance to resource extraction in British Columbia says court-ordered injunctions justify his squad spending nearly $50 million on operations over its five-year existence. “We don’t have a choice,” said Chief Supt. John Brewer, commander of the Community-Industry Response Group (C-IRG), in a phone interview from Surrey, […]
Rolls-Royce sold a record number cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen seen any slowdown or downturn,” Muller-Otvos told CNBC. “We haven’t seen any negative impact.” Rolls-Royce delivered 6,021 cars last year, up 8% over 2021 and the first time […]