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The day after Memorial Day in the US is not a bad one to ask how much money the country spends on national defence. It is a simple enough question and, given the state of public finances, certainly an important one. But bureaucratic obfuscation ...
May 29, 2012 at 06:40 | Source: MoneyControl.com
For the 2012 fiscal year the U.S. has set aside $531bn for the base military budget and $115bn for overseas contingency operations. But as defense analyst Winslow Wheeler points out, the U.S. spends a lot more than that, according to Money Control.
May 29, 2012 at 12:46 | Source: Presstv
To back it up, the administration cites a media report that claims federal spending is rising at the slowest pace since the Eisenhower years. "Federal spending since I took office has risen at the slowest pace of any president in almost 60 years," Obama ...
May 29, 2012 at 00:00 | Source: Associated Press
WASHINGTON - Retail spending by U.S. consumers likely cooled off in April after two months of big gains. Economists predict that retail sales rose just 0.2 percent last month, according to a survey by FactSet. The Commerce Department will release the ...
May 15, 2012 at 11:29 | Source: CNBC
If Apple were to launch a full-fledged television set, it could cause total average annual U.S. household spending on Apple products to double to $888 by 2015, according to a new projection. Analyst Katy Huberty with Morgan Stanley explained in a note to ...
May 18, 2012 at 11:33 | Source: Apple Insider
US lawmakers passed a sweeping defense spending bill Friday, defying the White House by exceeding a budget cap and refusing to make cuts outlined in President Barack Obama's revamped military strategy. By a vote of 299-120, the Republican-controlled House ...
May 18, 2012 at 18:56 | Source: YAHOO!
WASHINGTON - Government spending and debt are emerging as a campaign tug-of-war, with Republican Mitt Romney blaming President Obama for a "prairie fire of debt" and Obama calling the charge a "cowpie of distortion." Both candidates are reaching for ...
May 27, 2012 at 06:57 | Source: Arizona Daily Star
NEW YORK (AP) -- Stock futures rose Tuesday as government data showed that consumers spent slightly more in April as prices remained flat. Dow Jones industrial average futures rose 60 points to 12,715. Standard & Poor's 500 futures added 7.6 ...
May 28, 2012 at 17:12 | Source: Yahoo Finance
Stock buybacks are falling to a three-year low just as US CEOs boost spending on plants and equipment to a record. Companies announced $1.1 billion of repurchases a day on average during the earnings season in April and May, the lowest level since mid-2009 ...
May 29, 2012 at 03:41 | Source: New York Post
The Federal Reserve sees a quick, sharp tightening of US spending as a "sizable risk" to the economy, minutes from a recent top-level policy meeting revealed Wednesday. "Several" members of the Fed's interest rate-setting panel have expressed fears that ...
May 16, 2012 at 21:51 | Source: YAHOO!