Tag: spending
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Elon Musk slams Trump’s spending bill, warns ‘America Party’ will be formed if it passes
Elon Musk has reignited his feud with Washington, this time threatening to launch a new political party if what he calls an “insane spending...
US core inflation tops forecasts at 2.7% in May; income and spending slip
The Personal Consumption Expenditures (PCE) Price Index rose 0.1% month-on-month in May, keeping the annual inflation rate at 2.3%, according to data released by...
NATO Summit 2025: New defence spending pledge and other key takeaways
NATO leaders gathered for a historic summit at The Hague, Netherlands for two days. US President Trump called the summit a "huge success" after...
NATO leaders agree to massive hike in defence spending after pressure from Trump
The leaders also underlined their “ironclad commitment” to NATO’s collective security guarantee – “that an attack on one is an attack on all.” Ahead...
Explained: Trump’s NATO defence spending push and why it matters for Europe
NATO Secretary-General Mark Rutte on Wednesday urged member states to significantly increase defence spending to deter future wars, as allies consider endorsing a historic...
