Spending articles

  • Mastercard Cuts Forecast, Network Spending Misses Estimates

    (Bloomberg) -- Mastercard Inc. cut a forecast for full-year revenue growth citing foreign exchange headwinds, as first-quarter spending on the payments giant’s network fell short of estimates. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales Growth in Year on AI...
  • US To Spend $320 Million Constructing Gaza Pier

    The US military’s estimate of the cost to construct a pier on the coast of Gaza has risen to $320 million, Reuters reported on Monday. The estimate is double what the military initially expected the project to cost. The construction has already begun and involves 1,000 US troops operating just off the coast of Gaza, … Continue reading "US To Spend $320 Million Constructing Gaza Pier"
  • Non-essential spending on ice as budget pressures mount

    Retailers in hospitality, fashion and other non-essentials likely posted another lacklustre month of sales as higher mortgage repayments, rents and cost of living pressures hoovered up more of the household budget. Yet with most people in jobs and some cohorts insulated from rising borrowing costs, the Australian Bureau of Statistics’ March retail sales update is […]