Chase advertisers to target bank users based on spending history
JPMorgan Chase Bank on Wednesday announced a new division called Chase Media Solutions that will allow marketers to tempt customers with targeted ads and discounts tied to spending data. Chase Media Solutions, created when the company acquired and integrated marketing platform Figg in 2022, will give customers access to exclusive, relevant deals on Chase’s apps […]
Soaring interest costs to exceed defense spending as government faces fiscal reckoning
Soaring interest costs are set to exceed all defense spending this year, with the gap only growing over the next decade as lawmakers stare down major fiscal problems. This year, the United States will be shackled with $870 billion in payments on net interest. That is nearly 5.7% more than the $822 billion the government […]
Polish leader urges Europe to invest in defense spending
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Inflation ticker higher in February as consumer spending soared
Inflation rose for the second consecutive month in February, according to new federal data released Friday. Personal Consumption Expenditures (PCE) Price Index, Inflation, the Fed’s preferred method of measuring inflation, rose 0.3% in February. The annual inflation rate rose to 2.4% in February, up 0.1 percentage point from January. “Core” inflation, which excludes volatile food […]
Final fourth quarter GDP revised upwards as consumer spending rises
Increased consumer spending boosted U.S. economic growth in the fourth quarter. (iStock) Third and final estimate of real gross domestic product (GDP). 4th quarter of 2023 The Bureau of Economic Analysis (BEA) showed the U.S. economy grew at an annual rate of 3.4%, which was revised upward. The figure was slightly higher than BEA’s second […]
Stronger Consumer Spending Boosts Fourth Quarter GDP Estimate
The U.S. economy ended last year growing at an even stronger pace than previously thought, government data showed on Thursday. Gross domestic product, the economy’s official scorecard, grew at an annual rate of 3.4% in the last three months of 2023. According to previous forecasts, the economic growth rate was 3.2%. Figures are adjusted for […]
Congress expected to consider emergency spending measure to replace Baltimore bridge after collapse
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Why the tables turned, leaving conservatives as loser in spending fight
The tide has turned for House conservatives. Six months ago, emboldened by a new Republican majority and armed with new rules to rein in government spending, Republican deficit hawks moved out of their way, hoping to secure deep cuts. stormed the 2024 spending debate by threatening to eliminate anyone who did so. When House Speaker […]
Pride flags have been banned from all US embassies as part of Biden’s $1.2 trillion spending package
new york post recently reported Pride flags will no longer be allowed to be flown at U.S. embassies. The ban comes after President Joe Biden signed a $1.2 trillion spending package. “The bipartisan funding bill I just signed will keep our government running, invest in the American people, and strengthen our economy and national security,” […]
Lawmakers brace for brutal new government spending fight on heels of last shutdown battle
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