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Tag: Spending

Dollar Index stays low as core PCE inflation increases, personal spending decreases

Dollar Index stays low as core PCE inflation increases, personal spending decreases

The dollar index declined following the increase in Core PCE, which is the inflation measure favored by the Fed, in May. The US dollar remains weak, with the DXY nearing Thursday’s low of 97.00. The Michigan Consumer Sentiment Index and its expectations offer insights into consumer perspectives on the current economic conditions. The US Dollar […]

What issue do the Democrats face? It’s the spending, obviously.

What issue do the Democrats face? It’s the spending, obviously.

After a prolonged period of significant spending, it seems there’s a growing concern among Democrats about deficits and national debt. This is somewhat puzzling, as their actions indicate that their main focus isn’t really on reducing these financial issues but rather on maintaining high levels of spending and increasing taxes to cover it. Democrats often […]

U.S. Economy Shrinks in First Quarter as Imports Rise and Spending Slows Down

U.S. Economy Shrinks in First Quarter as Imports Rise and Spending Slows Down

The U.S. economy experienced a contraction in the first quarter of 2025, as consumer spending slowed down. The recent government data revealed a deeper decline than originally expected, largely driven by a surge in imports that widened the trade gap. According to the Commerce Department, the gross domestic product (GDP) dropped at an annual rate […]

European defense stocks rise by 1.4% following NATO’s increase in spending goal

European defense stocks rise by 1.4% following NATO's increase in spending goal

Balfour Beatty Wins £833 Million Contract for Groundbreaking Power Plant Balfour Beatty’s shares increased by 2.7% following the announcement that the company secured a contract worth £833 million to assist Net Zero Teeside Power in constructing the world’s first gas-fired power plant. This project is supported by BP and Equinor. The completed facility is anticipated […]

Former Ukrainian foreign minister considers NATO spending commitment a victory for Trump

Former Ukrainian foreign minister considers NATO spending commitment a victory for Trump

NATO Increases Defense Spending Goal Amid Ongoing Tensions NATO members announced on Wednesday that they are raising their defense spending target to 5% of their gross domestic product by 2035. This decision was tied to ongoing efforts led by the former President Donald Trump to bolster military expenditures, aiming to strengthen the Transatlantic Alliance’s security […]

NATO statement allows flexibility for 5 percent spending goal

NATO statement allows flexibility for 5 percent spending goal

NATO Leaders Adjust Spending Targets On Wednesday, NATO leaders came to an agreement that sidestepped new spending targets, thanks to some carefully crafted language. This gives some countries, including Spain, Belgium, and Slovakia, a bit of leeway. In their statement, the leaders didn’t specify “all allies.” Instead, they said, “We are committed to investing 5% […]

Trump’s view on Europe increasing NATO defense spending is supported.

Trump's view on Europe increasing NATO defense spending is supported.

Trump’s Call for Greater European Defense Spending The Washington Post reported on Monday that President Donald Trump was correct in stating that “Europe needs to do more” to bolster the North Atlantic Treaty Organization (NATO) by raising defense budgets. In response to Trump’s earlier criticism of nations benefiting from “free roads” provided by U.S. military […]