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Tag Archives: spending

For banks, spending data could be a gold mine

NEW YORK — There’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card. For years, Google and Facebook have been showing ads based on your online behavior. Retailers from Amazon to Walgreens also regularly suction …

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Central Bankers Have Declared War On Your Savings – OpEd

By Andrew Moran When any one of the plethora of bubbles burst – pick your poison – and the next financial crisis impacts Wall Street and Main Street, how will the central banks and federal governments react? They have fired all their unconventional rounds of bullets, from subzero interest rates to vast money-printing . …

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How has Brexit vote affected UK economy? November verdict

Sterling rebounds as no-deal risk declines The pound stabilised this month near $1.30 after a recovery in October from the summer woes that pushed sterling down below $1.20 and almost to parity against the euro. To the relief of holidaymakers going to the continent, the pound now stands at €1.18. …

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U.S. Health Care Spending: Unlocking the Keys to the Excess

America’s health care spending shares some unfortunate attributes with the country’s obesity epidemic: It’s a growing problem, easy to see, and harder to fix than you might think. In 2017, U.S. health expenditures weighed in at $3.49 trillion, or $10,739 per capita. That works out to 17.9% of gross domestic …

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Exports and extra spending help Germany avoid recession

Rising exports, consumer consumption and an increase in government spending helped Germany avoid recession in the third quarter of the year, a breakdown of the statistics showed today. German GDP grew by 0.1 per cent quarter on quarter in the three months to September, data showed last week, meaning it …

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