Business
Bank of England cuts rates to 4% after narrow 5-4 vote
The Bank of England (BOE) cut interest rates on Thursday (Aug 7) but four of its nine policymakers – worried about high inflation – sought…
Tag
Cuts
News
RFK Jr.’s New Vaccine Cuts Are His Deadliest Yet, Experts Warn
Health Secretary Robert F. Kennedy Jr. has decided on a “who cares” approach to America’s public health policy. The vaccine conspiracist…
Business
Palantir hits $1 billion in quarterly sales for the first time, avoids DOGE cuts
Shares of Palantir Technologies sailed past previous record highs Tuesday after booking its first $1 billion sales quarter and raising its…
News
Nebraska Republican is shouted down by hostile crowd at a town hall on Trump's tax cuts
Rep. Mike Flood has gotten an earful during a public meeting in Lincoln aimed at discussing his support for the massive tax breaks and…
News
Nebraska Republican is shouted down by hostile crowd at a town hall on Donald Trump's tax cuts
Rep. Mike Flood has gotten an earful during a public meeting in Lincoln aimed at discussing his support for the massive tax breaks and…
News
Storm Floris clear up after power cuts and travel disruption
Storm Floris disruption is expected to continue on Tuesday as the clear-up continues after the amber weather alert. Scottish and Southern…
Business
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort. The cuts reflect an…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
From Figma’s IPO surge to SNAP cuts: 10 business stories that defined the week
From Wall Street to Main Street, this week was packed with major business moves. There were big market debuts, tough earnings reports, and…
News
Corporation for Public Broadcasting Shuts Down Thanks to Trump’s Cuts
“This case’s underlying question, then, asks whether parolees who escaped oppression will have the chance to plead their case within a…
News
Trump Demands Drug Price Cuts in Letters to 17 Pharma Giants Summary
US President Donald Trump has sent letters to 17 major pharmaceutical companies demanding they cut prescription drug prices in the United…
Business
South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar…
Fashion
Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling…
Business
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
News
Trump’s budget cuts may hand Spain a scientific prize worth billions
As the U.S. backs away from key climate, aid, and scientific investments, Europe is stepping in to pick up the slack. Europe’s latest…
Business
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday…
Business
VW cuts outlook after US tariffs added 1.3 billion euros in costs
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings…
News
Turnout for July 26 Families First protests against Trump’s ‘big beautiful bill’ and Medicaid cuts expected in all 50 states: What to know
On Saturday, July 26, tens of thousands of people, including large numbers of families, are expected to join Families First protests and…
Business
Just 7,000 steps a day cuts risk of health issues - study
Walking 7,000 steps a day can be enough to boost your brainpower and help protect against a range of different diseases, a major study…
Business
Rising affluence, rate cuts fuelling housing market, but economic uncertainty is a wild card: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a…
Business
Rate cuts seen lifting Philippine bonds from Asia’s lowest ranks
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…
Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
News
Trump cuts tariffs in deals with Japan and others, but Asia braces for economic fallout
U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on…