News
Kash Patel’s FBI Cuts Minnesota Out of ICE Shooting Investigation
More than a dozen schemes have popped up in Minnesota’s safety net programs in recent years, many of them involving members of the state’s…
Tag
Cuts
News
Airline Cuts Ties With ICE Over Deportation Flights
“The woman screaming was, obviously, a professional agitator, and the woman driving the car was very disorderly, obstructing and…
News
Top Trump Official Threatens Even More Aid Cuts in Minnesota
“The woman screaming was, obviously, a professional agitator, and the woman driving the car was very disorderly, obstructing and…
News
U.S. to commit $2 billion to U.N. humanitarian efforts, as foreign aid cuts continue
The U.S. will contribute $2 billion to U.N. humanitarian aid in 2026, the State Department said Monday. Source link
Business
BOJ cuts monthly bond purchase amount by 400 billion yen
The Bank of Japan on Friday (Dec 26) announced a 400 billion yen (S$3.28 billion) reduction in its monthly bond purchases, continuing its…
News
Christmas around the world: Waterskiing Santas and giant cuts of meat
From skiing Santas in the US and Mass with Pope Leo XIV at the Vatican, to giant cuts of meat being thrown into crowds in London,…
Fashion
Target Cuts Production Times, Keep Its Fashion Moving at Internet Speeds
Target Corp. is hitting the style accelerator. The mass merchant, which has been jolted to life after a period of stagnation, has…
Business
From Amazon to DBS: AI is driving thousands of job cuts worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years The global march of artificial intelligence (AI)…
News
Marco Rubio Stands by Cuts That Killed Hundreds of Thousands of People
Secretary of State Marco Rubio says he’s proud of shuttering the U.S. Agency of International Development—but he really shouldn’t be.…
News
Trump: Rise in jobless rate OK since it's fueled by federal job cuts
President Trump, hoping to boost his ratings on the economy, says a recent increase in the unemployment rate is OK because the change is…
Business
US Fed’s Goolsbee welcomes latest inflation data, says more rate cuts may loom
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it…
Business
UBS plans January job cuts to kick off final year of integration
UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be…
Business
Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75% The Bank of England (BOE) cut interest rates on…
News
Energy Department watchdog will audit Trump's cuts of nearly $8B in clean energy grants
An internal watchdog in the U.S. Department of Energy will investigate the Trump administration's termination of $7.6 billion in grants…
Business
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to…
Business
Thai central bank cuts policy rate by 25 bps, as expected
The reduction is the fifth since October 2024, with rates down by a total of 125 basis points Thailand’s central bank cut its key interest…
News
Former NIH scientist sues Trump administration, claims illegal firing over research cuts
A former leading scientist at the National Institutes of Health sued the Trump administration Tuesday, saying she was illegally fired for…
Business
Amazon European hub in Luxembourg braces for record job cuts
Amazon.com’s decision earlier this year to axe 14,000 employees around the globe is reverberating at the company’s European headquarters…
Business
McKinsey plots thousands of job cuts in slowdown for consulting industry
The firm’s revenue growth has flatlined in the last five years, leading to a reset after rapid hiring over the prior decade As McKinsey…
Business
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles The…
Business
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down…
Business
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The Swiss National Bank kept its…
Business
More dissenters could signal increased resistance to future Fed rate cuts
Investors should be positioned for the Fed to continue easing at least once more in 2026, say analysts THE US Federal Reserve’s expected…
Business
Gold rises as a divided Fed cuts rates; silver hits record high
Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook…