#Spending

I wrote the other day about Uber blowing its 2026 AI budget in four months, and how that wasn't particularly surprising given they would have set that budget in 2025, …

Broner details the lavish purchases, lost pieces, and financial lessons he learned while discussing money, fame, and maturity on ‘One Night with Steiny.’

U.S. personal savings rate plunged to 2.6% in April 2026, its lowest in nearly four years, as 3.8% inflation outpaced wage growth. Households draw down reserves to sustain spending on essentials, complicating Fed policy and raising risks of further…

"I would bet that in five years the average enterprise spends more on compute than headcount," Mercor's CEO Brendan Foody said.

Nvidia CEO Jensen Huang argues hyperscalers' AI capital spending, already near $700 billion this year, will climb toward trillions annually. Strong ROI, the shift to agentic systems, and 1,000x greater compute needs than classical systems drive continued…

Is the Bilt Palladium Card worth its $495 annual fee? The welcome bonus covers year one, but here's my honest accounting of whether everyday spending can clear the fee after that.

One is allied with Anthropic. The other is tied to OpenAI. They’re both spending millions to influence the midterms, and they’re leaving a trail of fearful candidates and canceled ads in their wake.

The US secretary of war says America will stop subsidizing wealthy NATO members amid disputes over military spending and the Iran war

Australia’s AI data center boom drove private investment sharply higher, even as weaker household spending exposed a widening economic split.

A single increase in a bill probably isn't a big deal, but several increases can pressure your cash flow. Budget tweaks can help you get a handle on things.

Is the World of Hyatt Credit Card worth the $95 annual fee? The anniversary free night alone covers it — here's why it's also one of the rare cards genuinely worth spending on, and where the $15,000 sweet spot comes from.

Higher energy costs can force consumers to raid their savings and lean more on debt to cover expenses.

Uber has increasingly positioned AI as a core part of its technology stack, and AI models now represent a significant portion of its corporate spending. Costs are rising, but the company has yet to see meaningful returns in terms of ROI.…

Organizers see political and legal battles ahead for a novel solution to America’s campaign finance fiasco

Mamdani managed to avoid any real spending cuts this year, at the price of spending all his available political capital — and of putting himself in a far deeper hole for the rest of his term.

Scientists reveal how a connection with nature unlocks a more positive outlook on life.

JPMorgan Asset Management’s bullish view on the high-grade corporate bond rally faces two potential stumbling blocks: an even bigger surge in technology spending and waning retail demand.

The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal race

Pope Leo XIV has criticized rising European military spending, warning rearmament fuels tensions and weakens diplomacy