News
Joni Ernst Just Made Her Awful Response to Medicaid Cuts Even Worse
Newark Mayor Ras Baraka is suing New Jersey’s acting Attorney General Alina Habba and a Department of Homeland Security special agent on…
Tag
Cuts
Politics
Meteorologist Warns Trump Cuts Will Have Dire Consequences on Live TV
Massive law firms that work on lucrative contracts, like Paul, Weiss, Kirkland & Ellis, and others, struck deals with the Trump…
Business
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…
Politics
Trump pledges to codify DOGE cuts
President Trump on Friday promised to make permanent the cuts identified by Elon Musk and the Department of Government Efficiency. Source…
Politics
Joni Ernst Stoops to Shocking Low When Told Medicaid Cuts Will Kill
Republican Senator Joni Ernst had a particularly unhinged response to questions from her constituents at a town hall in Parkersburg, Iowa,…
Business
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Business
Aramco CEO will keep borrowing even as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Politics
With billions at stake, California joins suit to stop Trump cuts to university science research
California on Wednesday joined 15 other states filing suit against the National Science Foundation and its acting director, alleging the…
Politics
Map shows states where seniors are most vulnerable to Social Security cuts
Seniors in states like Oregon, New Hampshire, and Vermont are among the most vulnerable to Social Security cuts in the country, according…
Business
New Zealand central bank cuts cash rate by 25 bps
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought…
Business
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Business
BYD shares extend losses as price cuts throw spotlight on sales
BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s…
Politics
Only Two Republicans Were Brave Enough to Vote Against Medicaid Cuts
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans…
Business
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed…
Politics
Republicans Sneak Massive Medicare Cuts Into Their Horrid Tax Bill
House Democrats immediately pounced. At a House Rules Committee meeting early Wednesday morning, ranking member Jim McGovern asked…
Politics
Republican Torched for Falling Asleep Amid Debate on Medicaid Cuts
Republicans want to add work requirements to Medicaid, but having to work themselves is apparently a problem. Representative Ralph Norman…
Politics
The Republicans’ Medicaid Cuts Could Cause a Rural Unemployment Crisis
Those problems led 136 rural hospitals, or about 3 percent, to close between 2010 and 2021. Almost three-fourths of those were in states…
Politics
Cognitive Decline or Fascism? Trump Rants About Cuts to Food Benefits
Donald Trump seems to think that cuts to food assistance means cheaper and more abundant food for everyone. “You campaigned on lowering…
Business
Australia’s central bank cuts rates to two-year low of 3.85%
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85 per cent, citing a darker…
Business
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also…
Business
Japan's Panasonic targets 10,000 job cuts worldwide
The figure represents around 4% of the firm’s total workforce of nearly 230,000 Japanese electronics giant Panasonic said Friday (May 9)…