Tag Archives: budgets
World military spending dips in 2012, first fall since 1998
STOCKHOLM (Reuters) – Global military spending dropped in 2012 for the first time in more than a decade thanks to deep cuts in the United States and Europe which made up for increases in countries such as China and Russia, a leading think-tank said on Monday. Big powers the United States and its European allies face tight budgets in an economic downturn and have scaled back involvement in conflicts in Iraq and Afghanistan. The world’s second biggest economy China, however, is ramping up spending and registered 7.8 percent growth in 2012 from the year before, up 175 percent from 2003 Continue reading
McConnell: Spending Cuts Are Modest
WASHINGTON — The Senate’s Republican leader says the automatic spending cuts that just started to kick in are modest and a step toward curing Washington of its “spending addiction.” Sen. Mitch McConnell says the across-the-board cuts are not as devastating as some predicted. The Kentucky Republican also says families have had to trim their budgets and can appreciate Washington’s step to curb spending. Continue reading
Cheapism: Top high-def TVs for low budgets
For sports fans with more modest budgets, here are Cheapism’s top LCD TVs under $600. Continue reading
Oracle beats outlook, shrugs off fiscal debate
BOSTON/SAN FRANCISCO (Reuters) – Technology giant Oracle Corp said software sales growth will stay strong into the new year despite a looming fiscal crisis that investors have worried could cause a slump in IT spending. Shares of the world's No. Continue reading
Fiscal cliff Q&A: ‘Will all hell break loose?’
Here are some answers to questions about the fiscal cliff and its impact on household budgets as posed to us by TODAY.com readers in a web chat this week. Continue reading
Deficit cutters eye Pentagon budget
The U.S. military, a beneficiary of robust budgets for more than a decade, is coming to grips with a new reality — fewer dollars. Continue reading
What mining slump? At Vegas show, industry’s glass is half full
Caterpillar Inc , Komatsu Ltd and other mining industry suppliers put on a brave face at a major industry conference this week, trying to stare down plunging commodity prices and shrinking mining budgets. Continue reading
Free lunch, and other things retailers give away
J.C. Penney made headlines this month by announcing it would offer free kids’ haircuts every Sunday, extending what had been p lanned as a one-month promotion. This was undoubtedly welcome news to many families struggling to balance their budgets Continue reading
European plan tries to convince Germany to do more
Top European officials have called on countries that use the euro to surrender more control over their national budgets, a move apparently aimed at easing Germany's fears of sharing debt burdens with struggling governments like Spain or Italy. Continue reading
