Remittances to Mexico near a record but ‘super peso’ crimps spending power
The appreciation of the Mexican peso and increase in living costs at home pinch households receiving money from abroad. U.S. News
Tag: spending
China to increase defense spending by 7.2%
China’s defense budget grew by 7.1% last year to 1.45 trillion yuan, faster than the 6.8% increase in 2021, according to official data. International: Top News And Analysis
Parents are spending a lot more on back-to-school shopping, even if it means going into debt
Thanks to high inflation and ongoing supply chain issues, families will find back-to-school supplies more expensive this fall. Here are some tips for saving. U.S. News
300-plus jobs: PennyMac Financial Services spending $4 million to open in Franklin
PennyMac Financial Services, a consumer direct lending business, will invest $ 3.9 million to create a new mortgage origination center in Franklin. GANNETT Syndication Service
GM ups spending on EVs and autonomous vehicles by 30% to $35 billion by 2025 on higher profits
GM, America’s largest automaker, is racing to catch up to Tesla on EVs and become a leader in the space against other well-established automakers such as VW. U.S. News
Russia and Saudi Arabia reject calls to end oil and gas spending, call IEA’s net-zero plan ‘unrealistic’
Policymakers are under immense pressure to deliver on promises made as part of the Paris Agreement. International: Top News And Analysis