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Study suggests party affiliation affects consumer sentiment and spending intentions after elections

Credit: CC0 Public Domain Consumer sentiment generally refers to consumers' attitudes and expectations about economic conditions. A new analysis published in Economic Inquiry indicates that U.S. party affiliation has a significant effect on consumer sentiment, and that sentiment, in turn, affects spending intentions. In the study that relied on information dating back to 1991 and focused…

Saudi Aramco Hikes Dividend, Adjusts Spending

Saudi Arabia’s national oil company raised its dividend payouts for last year after it achieved its second-highest ever net profit and said investment plans to 2028 would be reduced by an abandoned plan to boost production. Saudi Arabia’s national oil company raised its dividend payouts for last year after it achieved its second-highest ever net profit and said investment plans to 2028 would be reduced by an abandoned plan to boost production. FOLLOW US ON GOOGLE NEWS Read original article here Denial of…

Cigna to cap employer insurance plan spending

Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | ReutersCigna on Thursday unveiled a new effort to expand insurance coverage for weight loss drugs by limiting how much health plans and employers spend on the highly popular treatments each year. The move comes as many insurers mull whether they should cover those drugs or drop them from their plans altogether due to their high costs. Americans have flocked to the treatments, along…

Potential UK Apple Card launch has rival banks calling for scrutiny over iPhone maker’s spending data harvesting

Apple currently offers multiple different financial services and products in the United States including Apple Pay, Apple Card, and Apple Pay Later, but it's a different story in the United Kingdom. Right now, Apple Pay is all that the company offers and UK banks are worried that won't remain the case for too much longer. Amid recurring rumors that Apple intends to bring its credit card to the UK, some UK banks have called for an investigation into, and potential limitations on, the data that Apple collects about iPhone…

ebay earnings: EBay beats earnings estimates on strong US holiday spending

E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during the holiday season and strength in its focus categories such as refurbished goods and auto parts.Shares of the company rose around 4% in extended trading.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM…

Saab Beats Views as Global Defense Spending Continues

Saab posted a forecast-beating rise in fourth-quarter earnings and raised its dividend as global defense spending continued to surge. Saab posted a forecast-beating rise in fourth-quarter earnings and raised its dividend as global defense spending continued to surge. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Google, Facebook take bigger share of ad spending, but economic slowdown could hurt growth

 Weak results from Google, Snap and other big sellers of online ads are raising concerns that Wall Street's optimistic growth forecasts are setting investors up for rude surprise this year.Google, which dominates the $270 billion digital advertising sector, recently disappointed Wall Street when its 8.9% fourth-quarter ad revenue growth fell short of expectations. Snap, which owns social media app Snapchat and also relies heavily on advertising dollars, reported discouraging revenue for its most recent quarter. The…

Russian Cosmonaut Sets New Time Travel Record After Spending 879 Days in Orbit

As of Sunday, Russian cosmonaut Oleg Kononenko has clocked more time in Earth orbit than any other astronaut, surpassing the mark held by his Russian colleague Gennady Padalka. And as a fun quirk introduced by Einstein’s Special and General Theories of Relativity, Kononenko has traveled farther into the future than anyone else—even if by the tiniest fraction of a second.Alex Winter on Innovative Horror Movies Kononenko has now spent 879 days in orbit and counting. The illustrious record was set aboard the International…

Google Parent Alphabet’s Spending on Acquisitions Cratered in 2023

Pennies were pinched in Mountain View last year. For much of its existence as a public company, Google had made a headline-grabbing acquisition at least once a year as it used the profits from its surging ads business to bet on new frontiers. Billions of dollars went to scooping up Motorola, Nest, HTC, and Fitbit to build up it hardware business. Apigee, Looker, and Mandiant rounded out Google’s cloud computing unit. But Alphabet’s latest annual report reveals that the splurging stopped in 2023.Alphabet omitted a section…