SPENDING

Congress reaches spending deal, lowering odds of government shutdown

Congress reaches spending deal, lowering odds of government shutdown

Our Desk WASHINGTON–Congress has reached an agreement to fund the federal government until September in a bipartisan deal that rejected President Donald Trump’s demand for a border wall and non-defense domestic spending cuts, according to a senior congressional aide. The spending bill will allocate $1.5 billion for additional technology and infrastructure on the border, but […]

UK CONSUMER SPENDING GROWS AT SLOWEST RATE IN THREE YEARS: VISA

UK CONSUMER SPENDING GROWS AT SLOWEST RATE IN THREE YEARS: VISA

LONDON – British consumer spending increased at the slowest annual pace in more than three years in the first three months of 2017, in a further sign that one of the economy’s main engines is losing steam as Brexit preparations begin, a survey showed on Monday. Payment card company Visa (V.N) said real-terms spending increased […]