Economic forecasts relied on by chancellor Philip Hammond in his Budget make no allowance for a so-called Brexit divorce bill, likely adding a significant extra burden to public finances.
The.. City A.M.
Facebook CEO Mark Zuckerberg spoke about Russia's use of Facebook to meddle in the 2016 presidential election during the company's Q3 earnings call on Thursday. Zuckerberg said, "What they did is wrong.. Source: Wochit Headline News -
The house (not House of Cards) that Netflix built has more competition than ever, but a recent earnings report shows that the company is very much dominating the streaming TV game, and could wind up.. Source: Wochit Headline News -
*At lunchtime today, Philip Hammond will give the weakened Conservative government’s first budget in the new parliament. *
Against a likely backdrop of downgrades for the economy from the OBR, the.. Zero Hedge
WASHINGTON--(BUSINESS WIRE)--#NRFNews--With the holiday shopping season about to hit the home stretch, most consumers say they will spend about the same as last year. But a new survey released today by.. Business Wire
TOPEKA, Kan. (AP) — State agencies have asked for more than $274 in new funding for next year just months after Kansas Gov. Sam Brownback called the current budget bloated. The agencies are.. Seattle Times
Raising public sector pay in line with inflation at the Autumn Budget next week would cost £3.3bn by 2020, according to new analysis by a think tank due to be published today.
While the gross cost.. City A.M.
Two weeks ago we noted how the savings rate in the US had plunged to 3.1% in September 2017, *its lowest rate since December 2007 which, coincidentally, was when the last recession started. Probably.. Zero Hedge
· U.S. Allies Fear Trump Will Pull a Nixon in China (WSJ)
· Partisan Tensions Flare as GOP Revises Tax Bill (BBG)
· Tax Overhaul Faces Major Hurdles (WSJ)
· Multinationals Scurry to Defuse House.. Zero Hedge
*Stumbling UK Economy Shows Importance of Gold*
***- UK economy outlook bleak amid Brexit, debt woes and rising inflation*
*- Confidence in UK housing market at five-year low*
*- UK high street.. Zero Hedge
Should the chancellor abandon his deficit reduction target to increase spending on public services?
*Scott Corfe, chief economist at the Social Market Foundation, says YES.*
While the latest UK.. City A.M.
Philip Hammond faces another £20bn hole in his deficit reduction plans, as the chancellor comes under political pressure to increase spending in the forthcoming Budget.
Analysis by the influential.. City A.M.
In a major push to boost growth, Union Cabinet chaired by Prime Minister Narendra Modi on Tuesday cleared a whopping Rs 14 lakh crore package that included investments in key development sectors such.. DNA
TORONTO: Canadian businesses are focused on spending to boost their competitive advantage this year amid an increasingly unpredictable global context, according to a 2017 survey of Canadian senior.. newKerala.com
European businesses are set for an increase in IT spending which should greatly accelerate digital transformation efforts within the next 12 months. That's according to new research from CenturyLink,.. betanews
WARSAW, Poland (AP) — Poland announced plans Thursday to significantly increase spending on health care as a hunger strike by young doctors demanding more funding entered its third week. Poland's.. SeattlePI.com
It seems that it was just yesterday when the market was celebrating Trump's avoidance of a government shutdown due to an "unprecedented" bipartisan deal with Democrats, which left Republicans out in.. Zero Hedge