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The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as European Central Bank (ECB)…
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings at the Audi and Porsche brands. The automaker now…
On Saturday, July 26, tens of thousands of people, including large numbers of families, are expected to join Families First protests and rallies against the Trump administration’s…
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a cocktail of challenges could test the otherwise resilient…
Philippine bonds are poised to rebound from the bottom of Asia’s debt rankings, thanks to the central bank’s room to cut rates and their relative insulation from US Treasury moves.…
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday (Jul 23). According…
U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher…
"Sesame Street's" Response To Trump's PBS Cuts Is Going Viral We've talk about this before, but Congress has passed a bill that will cut $1.1 billion in federal funding for PBS and NPR.…
It will start negotiations on additional reductions in the second half of this year [Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car…
The House gave final approval to President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid early Friday as Republicans intensified their…
Sen. Eric Schmitt told the White House budget office back in January he wanted to help it cut wasteful spending using a rare procedure known as rescissions. Source link
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters inquiry. “We’ve made the difficult business…
Senate Republicans were on track late Wednesday to pass a slimmed-down $9 billion package of spending cuts to foreign aid and public broadcasting that will codify a small portion of the…
Summers in New York bring the smell of barbecue, speakers blaring at block parties, and sweaty treks to cool off at a pool or the beach. Increasingly, warmer weather here also means…
PAYGO is not a term that crosses many lips in daily discourse. But it may soon be used more widely, as its impact resonates in the aftermath of the passage of the so-called One Big…
The Senate plans to ignore President Trump's request to slash $400 million from a global AIDS prevention program as it takes up a broader package of spending cuts that he asked for this…
Senate Republicans will test the popularity of Department of Government Efficiency spending cuts this week by aiming to pass President Donald Trump’s request to claw back $9.4 billion in…
The BBC has officially severed ties with longtime “MasterChef” presenter Gregg Wallace following the publication of an independent investigation into his conduct, marking the end of his…
The Senate is set to take up a White House-requested $9.4 billion spending-cut package in the coming days, but Republicans may need to pare it back to secure enough votes for passage.…
The State Department is set to begin firing more than 1,300 people on Friday, according to multiple sources including The New York Times, The Washington Post, and CNN, who has seen an…
“Food shelves would have to have the capacity to welcome twice the volume of meals through their doors, and their shelves, and their refrigerators and coolers, and so it is a logistical…
In an appearance on Fox Business on Wednesday, Trump’s agriculture chief, Brooke Rollins, revealed that the administration has no plan to fix the damage his mass deportations are…
Edesia had to lay off 10 percent of its staff in March as USAID was dismantled; Salem says that it took “many, many, many weeks” for the company to receive partial payment owed by the US…
The company has not given a total figure for the cuts, but a source familiar with the matter has put the amount at more than a fifth of staff Intel is cutting more than 500…
