Business
Australian central bank cuts rates for first time since November 2020
Inflation has dropped from a peak of 7.8 per cent in December 2022 and now sits at 2.4 per cent, according to the RBA AUSTRALIA’S central…
Tag
Cuts
Politics
France cuts prison activities to smooth facial massage outcry
France's powerful justice minister on Monday announced the government was restricting nearly all recreational activities for prisoners…
Politics
Trump cuts hit FDA employees in food safety, medical devices and tobacco products
The Trump administration's effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend, as…
Politics
Republicans confront difficult Medicaid choices in search of savings to help pay for tax cuts
Congressional Republicans are targeting Medicaid, the government health insurance program for low-income Americans, for hundreds of…
Politics
Dem lawmakers fighting Trump's agency cuts represent states receiving $231 billion in federal funds
House Democrats are leading an effort to fight President Trump's sweeping overhaul of the federal government through a task force that…
Business
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
Politics
Government staff cuts reach CDC, prompting outcry from Georgia Democratic senator
The Trump administration is reportedly slashing the workforce at the Centers for Disease Control and Prevention, the nation's premier…
Politics
DOGE Chaotic Cuts Have Locked Federal Workers Out of News Outlets
The employee said they could not access Politico, The New York Times, or Bloomberg, despite having paid subscriptions to all of them, and…
Politics
CDC to lose one-tenth of workforce under Trump administration job cuts
Nearly 1,300 probationary employees at the Centers for Disease Control and Prevention - roughly one-tenth of the agency's workforce - are…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…
Business
Bezos’ rocket firm bracing for job cuts after years of expansion
Blue Origin is bracing for a large reduction in its workforce, sources familiar with the matter said, in a sign the Jeff Bezos-backed…
Politics
Top N.I.H. Official Abruptly Resigns as Trump Orders Deep Cuts
The No. 2 official at the National Institutes of Health abruptly resigned and retired from government service on Tuesday, in another sign…
Politics
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Republicans in Congress have responded to President Trump’s unilateral moves to freeze federal spending, dismantle programs and fire civil…
Politics
Senate Budget panel Republicans defend plan to move on border, defense funding ahead of tax cuts
Senate Republicans on Wednesday began consideration of their budget blueprint that sets instructions for forthcoming legislation featuring…
Business
Commerzbank plans job cuts, new targets to keep UniCredit away: sources
GERMANY’S Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy’s…
Politics
What does USAID spend money on? List of potential cuts
The future of the U.S. Agency for International Development (USAID) is in jeopardy due to cost-cutting measures proposed by former…
Politics
House Freedom Caucus offers budget plan that sides with Senate approach but has more spending cuts
The House Freedom Caucus released its own budget blueprint Monday, including a proposed $4 trillion increase in the debt limit, as the…
Business
California joins legal fight to stop NIH cuts that could be a blow to UC, CSU other universities
California joined 21 Democratic-run states Monday in a lawsuit to stop cuts to billions of dollars in NIH funding that supports medical…
Politics
Speaker Johnson says tax cuts will be offset with spending cuts
House Speaker Mike Johnson said Sunday that Republicans will find spending cuts to offset President Trump's push for tax cuts, which a…
Business
Amazon cuts reference to diversity from annual report; Accenture scraps DEI goals
AMAZON.COM removed a reference to “inclusion and diversity” in its annual report filed on Thursday (Feb 6), after it told employees in a…
Politics
NIH cuts put medical research at risk, scientists say, raising concerns at UC and elsewhere
Each year, the National Institutes of Health gives billions of dollars to the University of California to pay for research into cancer,…
News
Federal Worker Drops Bombshell: Elon Musk's Visit Led to 50% Job Cuts and Secret Takeover!
A video of a federal worker sharing his experience after Elon Musk's visit to his agency has gone viral, sparking a heated debate about…
News
Attention Must Be Paid: The Tax Cuts and Jobs Act Is Set to Expire
Expiring provisions promise tax hikes if not extended. Source link