Just 50 American families have funneled more than $600 million into the 2024 elections in donations to political parties, PACs and super PACs, a new report has found — a staggering figure that underscores the disproportionate influence the wealthy will wield on the outcome of November’s elections. The report, from the progressive nonprofit Americans for […]
Tag: spent
Gavin Newsom confronted at press conference about missing $24bn spent on tackling homelessness
California’s governor Gavin Newsom was confronted while being probed at a press conference over the state’s spending of $24 billion to tackle homelessness. Mr Newson led a conference on Friday announcing that California’s budget deficit is at least $45 billion and proposed various spending cuts to state worker jobs, education programs and health services. He […]
I spent five days wearing an Apple Watch clone, and now I’m angry
Americans have spent their savings. Economists worry about what comes next
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Americans saved quite a bit of money during the pandemic: $2.1 trillion worth, to be exact. That […]
Apple Has Spent $183 Billion on R&D in Less Than 12 Years — but It’s the $674 Billion Apportioned to This “Investment” That’s Turning Heads
Though there are thousands of publicly traded companies for investors to choose from, few have the ability to be portfolio game-changers. Tech stock Apple (NASDAQ: AAPL) has been one of a select group of businesses that’s left an indelible mark for investors. Since the page turned to the 21st century, shares of Apple have gained […]
Woman spent 25 years stealing $1 million meant for dead aunt, feds say. She’s indicted
A 77-year-old New Jersey woman accused of stealing more than $1 million in benefits from her dead aunt’s bank account over 25 years has been indicted in federal court, prosecutors said. After the death of her aunt in 1998, the woman drained her bank account of about $1.01 million in retirement and survivor benefits paid […]
Voters may be asked to approve a hotel tax increase. Here’s how the money would be spent
Voters may be asked this summer to approve a 3.75% increase in Oklahoma City’s hotel tax as its conventions and visitors bureau looks to boost marketing and event incentives tied to new venues and attractions. The Oklahoma City Council is set to hear a proposal on Tuesday, which also would provide funding for long-term capital […]
Paramount has spent a decade as the source of buyout rumors. That might finally come to an end.
Paramount Global (PARA) has been at the center of media merger talks for years. Now, the company’s fate could soon be determined with a key negotiation window set to expire on Friday. National Amusements, the holding company run by Shari Redstone, is in exclusive talks with David Ellison’s Skydance Media to sell its controlling stake […]
I Spent Way, Way Too Much Time On The Internet Last Month, So Here Are The 26 Funniest Political Tweets I Could Find
April is officially complete, but the political humor from last month is unforgettable. I scoured my timeline to find the funniest political tweets out there, so let’s dive into a good ol’ recap. Oh, and don’t forget the most important thing: CNN / @ball_kn0wer Now, let’s get into it: 1. @iloveminigolf 2. @kirawontmiss 3. @SundaeDivine […]
The US spent so much time fighting insurgents that it forgot ‘what it means to actually fight a war,’ a US vet in Ukraine says
An American veteran who fought in Ukraine said the US “kind of forgot what it means to actually fight a war.” He said US training has long been heavily focused on fighting insurgents in places like Iraq and Afghanistan. He said his own training wouldn’t have prepared him for a war like Ukraine. An American veteran […]
I’m Gen Z and spent 7 hours a week on TikTok. I deleted the app and now have more time to do actually fun things.
A Gen Z reporter decided to delete the TikTok app from her phone. The addictive nature of the app’s algorithm led to wasted hours on mindless content. The reporter is still trying to figure out whether she wants to return to TikTok. Watching that white musical note disappear from my iPhone screen was more satisfying […]
New Marine One helicopters the US spent $5 billion on aren’t allowed to carry the president because they could scorch the lawn
The US has spent $5 billion on a fleet of new helicopters to transport the president. But the VH-92 continues to scorch the White House lawn, Bloomberg reported on Tuesday. This years-long problem has sidelined the helicopters from carrying Biden for now. The new Marine One helicopters, part of a program that the US spent $5 billion […]