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House clears $9 billion DOGE spending cut package, sending bill to Trump for signature
Congress cleared a $9 billion package of spending cuts to foreign aid and public broadcasting for President Trump's signature, codifying a…
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Cut
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Why the Fed Should Cut Rates Now
The economy is poised to grow. The job now falls to the Fed and Treasury to cut, sell, and coordinate before the window of opportunity…
Business
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius…
Business
Scale AI to cut 14% of staff following Meta investment
Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in…
Culture
John Malkovich’s Red Ghost Cut From ‘Fantastic Four’; Director Says ‘It Was Heartbreaking Not to Include Him’ (EXCLUSIVE)
The Red Ghost has escaped! Actor John Malkovich will no longer appear in Marvel Studios’ “The Fantastic Four: First Steps” as Ivan…
Business
Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live
Introduction: Bank of England could cut rates faster if jobs market slows, governor says Good morning, and welcome to our rolling coverage…
Business
Bank of England prepared to cut rates if job market slows, says governor
The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In…
News
Did Air India Pilot Commit Suicide and Took 241 Passengers with Him? Experts Claim Fuel Supply Cannot be Cut Off Accidentally
New forensic evidence from the tragic Air India crash, which resulted in the deaths of 241 passengers, suggest that the actions of the…
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'Why Did You Cut the Fuel Off?' Final Exchange of Words Between Air India Pilots Revealed Moments Before Plane Crashed Killed 241
The final words shared between the pilots of the Air India crash, which killed 241 passengers, have now been revealed along with new…
News
Air India Pilots Made Fatal Error as Probe Reveals Plane's Fuel Supply Was Cut Off Moments Before It Crashed Killing More Than 270 People
A preliminary report on last month's Air India crash, which killed 241 people, with a sole survivor miraculously walking away, found that…
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Fuel to engines cut off before Air India crash, preliminary report says
Fuel to the engines of the Air India plane involved in a deadly crash was cut off moments after take-off, a preliminary investigation…
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
BYD, other EV battery makers face more pressure to cut emissions
Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing…
Culture
India plans to kickstart rare-earth output to cut China reliance
A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch of large conglomerates,…
News
NEA delegates vote to cut ties with Anti-Defamation League
The National Education Association has voted to break with the Anti-Defamation League, seeking to end a decades-long partnership on…
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Japan, Korea eager to cut deal before Aug. 1 tariff deadline
Japanese Prime Minister Shigeru Ishiba said Tuesday it is "truly regrettable" that the U.S. will impose a 25% tariff on its exports…
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Camp Mystic: A girls' summer camp cut short by deadly disaster
Gary O'Donoghue Chief North America correspondent Reporting from Kerr County, Texas Camp Mystic, a Christian girls' camp perched on the…
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Trump plans to sign his tax and spending cut bill at the White House July 4 picnic
President Donald Trump plans to sign his package of tax breaks and spending cuts into law Friday after his cajoling produced almost…
News
Big, beautiful wins: Passage of sweeping tax cut legislation caps summer of victories for Trump
His critics said President Trump would find it impossible to pass his tax cut mega-bill through Congress, let alone get it done before the…
Business
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for…
Business
Japan’s bond market faces first 30-year sale since issuance cut
Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling…
Business
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…