Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Tag
Cuts
News
Cash, tinned food and radio news: Making it through one of Europe's biggest ever power cuts
The power is out and nothing is working. How am I supposed to get through the day? That was the question faced by millions of people on…
Politics
Trump DOJ cuts 360 DEI-related grants
The Justice Department announced Thursday it cut more than 360 grants to work with the Department of Government Efficiency, removing…
Business
Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending
Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for…
Politics
Trump Cuts Threaten Meals and Services for People With Disabilities and the Aging
Every Monday, Maurine Gentis, a retired teacher, waits for a delivery from Meals on Wheels South Texas. “The meals help stretch my…
News
Weather balloon cuts raise alarm: "Not a good sign"
The National Weather Service (NWS) on Thursday announced further reduction in its schedule of weather balloon launches—a change that is…
Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling…
Politics
Block of House Republicans warn they won't support deep cuts to Medicaid
A group of House Republicans warned Speaker Mike Johnson and his leadership team that they would not help pass President Trump's agenda if…
Politics
Cuts to NASA science budget sees bipartisan opposition
The bipartisan chairs of the congressional planetary science caucus have come out against the White House's proposed NASA budget cuts in…
Politics
Leaked State Department memo shows major budget cuts, but officials say it is not a done deal
The State Department is planning to close agencies, consulates and several U.S. diplomatic missions to advance President Trump's "America…
Politics
New Englanders Know the Trump Tax Cuts Need to Be Extended
Higher taxes and fewer jobs are not a recipe for economic growth. New Englanders will get both if Congress fails to extend the TCJA.…
Politics
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
Follow live updates on the Trump administration. The British government ramped up actions to help protect businesses and households from…
Politics
Opec cuts 2025 oil demand forecast over US tariffs
It expects demand to grow by 1.3 million barrels per day (bpd) in 2025, down from a previous forecast of 1.4 million bpd Opec slightly…
Business
Goldman cuts targets on China stocks for second time this month
The firm has long been bullish, often going against the tide during the market’s multiyear slump Strategists at Goldman Sachs cut their…
Politics
Antitrust chiefs counter proposed cuts as tech cases advance
Antitrust enforcers are pushing back against the impact of a broad, Justice Department-wide restructuring plan that would interfere with…
Politics
Trump Has Some Potentially Deadly Cuts Planned for Weather Research
The firms will provide services to causes “President Trump and the Law Firms both support and agree to work on, including in the following…
Politics
Republicans mull higher taxes on wealthiest Americans to pay for other cuts
Republicans are discussing whether to raise the top individual tax rate or create a new bracket for millionaires and billionaires to help…
Politics
UOB Kay Hian cuts Sats target price to S$2.89, downgrades it to ‘hold’ on likely tariff impact
Freight handler Sats might be hit by a potential slowdown in globalisation and decline in global trade volume as a result of the United…
News
‘It’s a shambles’: DOGE cuts bring chaos, long waits at Social Security for seniors
When Veronica Sanchez called a Social Security hotline Thursday, she waited two hours before her call was abruptly disconnected. On…
Business
RBI cuts rates, changes stance to 'accommodative' as US tariffs add to growth risks
The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday (Apr 9) for a second consecutive time and changed its monetary…
Politics
Catholic bishops end refugee aid partnerships with U.S. government, citing funding cuts
The U.S. Conference of Catholic Bishops announced Monday that it is ending a half-century of partnerships with the federal government to…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…