News
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,…
Tag
Cuts
Business
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…
News
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…
News
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…
News
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Following the Trump administration’s cuts to foreign aid, two-thirds of Mercy Corps’ U.S.-funded programs have been rescinded.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…
Fashion
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…
News
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…
News
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…
Business
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…
Business
Gold hits record high as traders bet on US rate cuts, eye Powell’s signal
Investors are closely awaiting Powell’s speech for signals on the central bank’s policy, alongside remarks from other Fed officials this…
Business
Trump’s Fed appointee pushes for steeper rate cuts
President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate…
Business
Gold scales record high as markets brace for further rate cuts
GOLD surged to a record high on Monday (Sep 22), buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks…
News
Malaysia cuts RON95 petrol price to RM1.99 a litre ahead of Sabah state election, Budget 2026
Malaysians will soon pay less at the pump than before, after Prime Minister Anwar Ibrahim cut the price of RON95 petrol to RM1.99 (S$0.61)…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Business
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US…
News
Finnish Industry Voices Outrage Over Government Cuts, Fears ‘Ideological’ Motives: ‘Everyone Is on Alert’
The Finnish film industry has been lamenting proposed government cuts of 7 million euros ($8.26 million), set to come into effect on Jan.…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Business
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
The bank expects the US central bank to cut rates three times by the end of this year Deutsche Bank expects gold to average US$4,000 an…
Business
Bank of Canada cuts rates to 2.5%, says ready to cut again if risks rise
Canada faces tariffs and duties from the US and China, two of its biggest trading partners The Bank of Canada reduced its key policy rate…
Business
US Fed lowers interest rate by 25 basis points, signals more cuts ahead
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing…
News
How NIH funding cuts could stunt U.S. research for decades
In May 2025, the White House proposed reducing the budget of the National Institutes of Health by roughly 40%—from about $48 billion to…
Business
Markets gear up for series of Fed cuts with bullish bets at risk
Markets have also priced in reductions continuing deep into 2026 to ward off a recession A key question for investors this week is whether…
Business
BBC investigates Afghan maternal deaths after US aid cuts
Yogita LimayeSouth Asia and Afghanistan correspondent When Shahnaz went into labour, her husband Abdul called a taxi to take them to the…