More ECB rate cuts increasingly unlikely, Wunsch says
The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation holding around the 2 per cent target, Belgian…
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Cuts
MAGA Senator Rendered Speechless Over Trump Cuts to His State
Republican Senator Tim Sheehy of Montana appeared dumbstruck Tuesday night after his ridiculous attempts to blame Democrats for massive funding cuts to energy projects blew up in his face.…
Ten Classic D’Angelo Deep Cuts, From Prince Covers to Duets With Erykah Badu and Lauryn Hill
D’Angelo, who died Tuesday at the age of just 51, was indisputably a musical genius, but he didn’t leave much behind: Just three studio albums and an under-the-radar live disc over the…
Goldman Sachs plans more job cuts to boost savings, leverage AI push
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its businesses and takes advantage of the opportunities…
Trump’s DOJ Cuts Are a Disaster for Sexual Violence Survivors
Indeed, Martina Shabram, executive director of Sexual Assault Support Services, or SASS, in Eugene, Oregon, said: “Certifying in that way would require us to engage in activities that are…
US sanctioning China oil terminal threatens Sinopec run cuts
The overall impact on China’s crude demand should be short-lived as traders re-route cargoes to other ports US sanctions on a key Chinese oil import terminal are redirecting crude flows…
Vance warns 'deeper' cuts ahead for federal workers as shutdown enters 12th day
Vice President JD Vance on Sunday said there will be deeper cuts to the federal workforce the longer the government shutdown goes on, adding to the uncertainty facing hundreds of thousands…
The Trump Administration Is Rushing to Implement SNAP Cuts
“All of this will lead to unnecessary chaos and confusion in the midst of widespread uncertainty, record inflation, and a government shutdown,” the Food Research and Action Center, an…
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on…
Asia bonds look vulnerable as Fed rate cuts deliver less support
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative 450 basis points so far in 2025 Emerging Asian…
The Download: carbon removal factories’ funding cuts, and AI toys
“OpenAI is building the future of AI on infrastructure it doesn't own, power it doesn't control, and capital it doesn't have.” —Andrey Sidorenko, head of research at data firm Mostly AI,…
BMW cuts annual guidance on weak China sales, tariff costs
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its financial guidance for the year on persistently weak…
Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump administration policies on the economy, while other central…
Trump Bizarrely Tries to Take Credit After Judge Blocks Funding Cuts
“Now, are they taking great pleasure in that? No. Is trolling the Democrats? Yes. I mean, yes! Because that’s what President Trump does, and people are having fun with this,” Johnson said,…
Trump Cuts Billions in Funding From Another Blue City in Revenge Tour
“Well, I mean, you know the data, though. You know where we are. I mean, we’ve had three months of slowing jobs,” the host observed, asking Chavez-DeRemer for a sense of the “jobs picture…
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight borrowing in Hong Kong could fall to about 3 per…
GOPer Quietly Admits Trump Cuts to Blue States Will Hurt MAGA Voters
Well, guess what? It turns out that the latter project spans Washington, Oregon, and Montana, a state that voted pretty overwhelmingly for Trump. Montana’s Republican governor, Greg…
Pfizer’s drug price cuts yield three-year Trump tariff reprieve
The US president has repeatedly pressured companies to bring their US prices in line with what foreign countries pay Pfizer secured a reprieve from US President Donald Trump’s…
How Mercy Corps CEO Tjada D’Oyen McKenna is leading her aid org in the face of Trump’s cuts
Following the Trump administration’s cuts to foreign aid, two-thirds of Mercy Corps’ U.S.-funded programs have been rescinded. CEO Tjada D’Oyen McKenna shares how she’s leading her team…
We. Communications cuts some of its Singapore workforce
The firm has also suspended salary reviews and bonuses for all levels until June 2026 Public relations company We. Communications recently laid off a significant number of staff in its…
Bill Clinton calls out aid cuts, political unrest, and more at the Clinton Global Initiative
Former President Bill Clinton opened the annual meeting of the Clinton Global Initiative Wednesday with a list of things that worry him. “It would be irresponsible, almost jarring, for us…
Trump’s Cuts Are Officially Ending PBS in an Entire State
To be eligible for federal funds, states were directed to comply with a number of conditions. For instance, they were to provide federal immigration agents “access to detainees” and “honor…
Elon Musk’s DOGE Cuts to Social Security Are Even Worse Than We Knew
To be eligible for federal funds, states were directed to comply with a number of conditions. For instance, they were to provide federal immigration agents “access to detainees” and “honor…
Powell signals Fed will move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent…