Citi Upgrades Premier Card As Travel Spending Takes Off – PYMNTS.com
city is enhancing its Premier Credit Card to offer travelers new benefits and protections. major bank’s Strata Premier CardAnnounced on Monday (May 13), it offers increased benefits and more opportunities to earn benefits, and comes as travel spending soars across age and income brackets. “We heard from cardholders that they wanted rewards on travel as […]
Former Utica Mayor Admits To Spending Nearly All Of Nonprofit’s Scholarship Donations On Himself
A former mayor of Utica in upstate New York admitted Friday to spending nearly all of the scholarship donations raised in memory of his late wife on himself, federal prosecutors said. Louis LaPolla, 78, pled guilty in a federal court in Syracuse to “mail fraud for soliciting and then stealing donations intended for a scholarship […]
Biden’s Chief Econ Advisor Struggles To Explain Theory Underpinning ‘Bidenomics,’ Mass Spending
Editors’ Note: At Prickly Pear, we noted the influence of Modern Monetary Theory early on. It is dangerous, it is foolish, it is very inflationary. Worse than not knowing how to explain it is the adoption of these policies in Bidenonmics. The government either crowds out private borrowers by excessive borrowing, or it pays for […]
Mike Lee sounds off on US national debt, spending
Republican Sen. Mike Lee of Utah is sounding the alarm about the high interest rates on the national debt. “We’re so fucked up. And we’re glued together. We’re tattooed. We’re going to pay more than $1.1 trillion in interest this year. That’s the result of decades of reckless, hegemonic It’s a result of control,” Lee […]
Budget leaders reach deal with Youngkin on Virginia spending plan
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The Myth of National Defense Spending
Editors’ Note: Without discussing the wisdom of Ukraine’s military aid, the author is correct in taking on the persistent myth that defense spending is always good for the economy. Instead, it diverts resources that would have been spent by consumers and businesses and directs resources into things that are either blown up or that blow […]
Blue state Dems turn on governor as homeless council can’t account for $20B in spending
Some California Democrats are calling for the Golden State’s leadership after Gov. Gavin Newsom’s Homeless Task Force failed to track whether the billions of dollars spent over the past five years to curb the homelessness crisis were successful. I’m rebelling against people. “When you come to the budget committee, you don’t have the numbers,” Democratic […]
Japan stocks lead gains in Asia after upbeat consumer spending data, U.S. rate cut hopes lift sentiment – CNBC
26 minutes ago Nippon Watch records current account surplus in 2023/24 According to Reuters, Japan recorded its largest-ever current account surplus worth 25.3 trillion yen ($162.9 billion) in the fiscal year ending March 2024. The current account surplus in March was 3.4 trillion yen. Current account measurements are important indicators of international trade. —Shreyashi Sanyal, […]
Biden’s big spending hasn’t swayed as many voters as he’d like: Poll
President Joe Biden has touted many of his major spending bills as he seeks a second term in the White House, but voters are not being swayed, according to new polling data. The poll from Politico-Morning Consult released on Wednesday shows that Biden’s bevy of laws passed during his first two years in office — […]
Rand Paul slams Biden, McConnell for spending “borrowed” money on Ukraine aid
Sen. Rand Paul (R-Ky.) grills President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) over spending “borrowed” funds to Ukraine in an interview broadcast Sunday. did. “The main reason I’m against sending money to Ukraine is because we don’t have the money,” Paul said in an interview with radio host John Catsimatidis on the “Cats […]