Down to their last few dollars: 7 successful founders reveal what they'd buy

We asked these successful business leaders and advisers in The Oracles what they would do if they were almost out of money.Some of their answers may surprise you. 1. "We'd pay for digital marketing." “We would spend our last few dollars on digital marketing. Instagram is more valuable (and more accessible!) than any retail shop window on Madison Avenue or […]

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US consumer spending surges 0.9% in March

FILE – In this April 24, 2019, file photo a customer shops for bananas at a Walmart Neighborhood Market in Levittown, N.Y. U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remained non-existent. The Commerce Department says the March gain in consumer spending was the biggest monthly increase since August 2009 and […]

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PG&E expects capital spending of about $6.6 billion in 2019

(Reuters) – U.S. power company PG&E Corp said bit.ly/2T5NcbG on Wednesday it expected capital expenses of about $6.6 billion in 2019 and $6.9 billion in 2020. PG&E, which provides electricity and natural gas to 16 million customers in northern and central California, faces widespread litigation, government investigations and liabilities related to wildfires that could potentially exceed $30 billion. In a […]

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U.S. Personal Income Rises Less Than Expected In November

Personal income in the U.S. increased by slightly less than expected in the month of November, according to a report released by the Commerce Department on Friday, although the report also showed slightly stronger than expected personal spending growth. The Commerce Department said personal spending edged up by 0.2 percent in November after climbing by 0.5 percent in October. Economists […]

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US consumer spending rises solid 0.4 percent in November

Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Continue Reading Below Consumer spending jumped by the most in 13 months in October, and November's solid gain on top of […]

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Saudi spending to hit record high as oil prices resume slide

FILE – In this March 9, 2018 file photo, children play by snow at the “Snow City” in the Othaim Mall, in Riyadh, Saudi Arabia. King Salman has extended monthly allowances for government employees, military personnel, pensioners, social security recipients and students into next year. The announcement, carried by the Saudi Press Agency on Tuesday, Dec. 18, 2018, comes on […]

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