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Rockland Trust"s Rachael Aiken Likes Both Mastercard And Visa Stocks
Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) will both benefit from a resurgence in spending and a shift to e-commerce, Rockland Trust's Rachael Aiken said Monday on CNBC's "Power Lunch." read more.....»»
Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before: Give NASA extra money
Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»
Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before, give NASA more money
Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»
Bill and Melinda Gates are getting divorced. Here"s a look inside their 27-year marriage, from meeting at work, to having 3 kids, to spending $45 billion on philanthropy.
Bill and Melinda Gates are worth over $100 billion and raised three kids d.....»»
The Ratings Game: Amazon sales are soaring but Whole Foods is a weak link
Amazon's net income for the 12 months ending March 31 was a stunning $26.9 billion with the pandemic fueling e-commerce spending......»»
Exxon posts $2.7B quarterly profit after unprecedented year
Exxon Mobil reported a quarterly profit of $2.73 billion, despite facing major spending reductions as a result of the pandemic......»»
Visa sees pandemic "storm" clearing
Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»
Intel"s $20B Capex Plans Could Affect Q1 Results: WSJ
Intel Corp’s (NASDAQ: INTC) quarterly sales and profit estimates are estimated to take a hit following CEO Pat Gelsinger’s aggressive $20 billion spending commitment for two new Arizona semiconductor p.....»»
Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening
The bounce nearly doubled the median estimate for a 5.8% gain and places sales at their highest level since data collection began in 1992. AaronP/Bauer-Griffin/GC Images US retail sales surged 9.8% in March to a record $619.1 billion, the.....»»
Bernie Sanders expresses "serious concerns" over Biden proposal for modest increase in Pentagon spending
Sanders, head of the Senate Budget Committee, criticized the $753 billion proposal, saying we must examine "waste and fraud" at the Pentagon. Sen. Bernie Sanders said he has "serious concerns" about the Biden administration'.....»»
Target commits to spending $2 billion with Black companies by 2025
Target Corp. said Wednesday that it will spend more than $2 billion with Black-owned businesses by 2025. Target s.....»»
Amtrak releases map of expanded US rail network it says it can build with $80 billion from Biden"s infrastructure plan
President Biden on Wednesday unveiled his $2 trillion plan, which includes federal spending on infrastructure like roads, bridges, and ports. The new map made by Amtrak. Amtrak Amtrak has released a map of a proposed expanded US rail netwo.....»»
The Funded: Plaid could be worth as much as $15 billion in a new funding round — nearly triple what Visa was going to pay
A rich valuation deal for San Francisco fintech Plaid tops Bay Area startup and venture news at the end of the week......»»
London Markets: February deficit hits record high as U.K. public finances worsen
Public sector borrowing hit a new high in February, with the U.K. government borrowing £19.1 billion ($26.6 billion) last month, as spending on measures amid the COVID-19 pandemic continued while tax receipts fell......»»
The pandemic boosted US e-commerce spending by $183 billion - equivalent to an extra holiday season
The extra spending was.....»»
China"s plans to boost military spending may make its neighbors even more uneasy
Chinese defense funding will reach US$209 billion in 2021, and Premier Li Keqiang says the military will get a training boost. .....»»
Global government IT spending to grow 5% in 2021, says Gartner
Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1% from 2020, according to Gartner......»»
: Verizon spends $45 billion in major 5G spectrum auction, while AT&T spends $23 billion
Verizon Communications Inc. was overwhelmingly the largest bidder in a crucial 5G auction, spending $45.5 billion or more than half the auction's total sum......»»
Home Depot"s Q4 sales jumped 25% to $32.3 billion, beating analyst estimates, but it said future consumer spending remained uncertain
Home Depot posted $132.1 billion in total sales for the 2020 fiscal year - a jump of 19.9% year-over-year. Nicholas Kamm/AFP via Getty Images Home Depot on Tuesday posted a 25.1% spike in f.....»»
What Duke Energy"s plans for $60B in capital spending means for business in the Carolinas
The Charlotte-based energy giant is spending $60 billion to ready for rapid changes in the market. Here's how it could pay off for the Carolinas......»»