SEOUL—Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses feel the effects of curbed consumer spending on tech products in the midst Read more
Tag: Spending
Opinion: The opioid epidemic is costing us $1.5 trillion a year. And we’re spending peanuts to fight it.
The U.S. economy is being battered on all sides: Inflation, snarled supply chains, severe labor shortages. The pandemic, which has contributed to all three, rolls on; there are still 40,000-plus Read more
‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Outlays for construction projects fell 0.7% in August to $1.78 trillion, the Commerce Department reported Thursday. Wall Street was expecting a drop of 0.2%. Spending in July fell a revised Read more
Forget the 4% retirement spending rule. Would you believe 1.9%?
Retirees and near-retirees have known for some time that the famed 4% rule needs to be revised downwards. But by how much? Would you believe 1.9%? That’s the conclusion of Read more
Consumer spending barely rose last month after factoring in high inflation
The numbers: Consumer spending rose a modest 0.4% in August, as Americans appeared to pocket savings from lower gas prices instead of using the extra cash on other goods and Read more
Micron cuts capital spending to stem oversupply cycle; shares flat after hours
Micron Technology Inc. shares were flat in the extended session Thursday after the memory-chip maker said it was taking steps to emerge from a current downcycle in market by scaling Read more
Front Office Sports: Fans went on a spending spree in honor of Roger Federer’s retirement
On Thursday, tennis star Roger Federer announced he will retire following the 2022 Laver Cup.
Political ad spending is breaking records: Here’s where the money is going in critical Senate races
Outside spending is pouring into the 2022 Senate races, as Democratic control of the chamber hangs in flux. Nearly $450 million in outside spending has been spent on Senate races Read more
Political ad spending is breaking records: Here’s where the money is going in critical Senate races
Outside spending is pouring into the 2022 Senate races, as Democratic control of the chamber hangs in flux. Nearly $450 million in outside spending has been spent on Senate races Read more
Live it up now: The pleasure we get from spending declines as we age
“Enjoy yourself, it’s later than you think Enjoy yourself, while you’re still in the pink! The years go by, as quickly as a wink — Enjoy yourself, enjoy yourself, it’s Read more