Rachel Reeves has delivered her first spending review as chancellor after months of bitter negotiations with her cabinet colleagues. She has unveiled what amount to cuts for some departments, fuelling ...

Increased spending in Europe was the main driver of global spending growth. The U.S. kept its spot as the world's top defense spender, splurging $954 billion in 2025 alone. Defense stocks rallied ...

WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third ...