Culture
Asia: Markets up on hopes over shutdown deal, rate cut
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive…
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Cut
News
Trump Escalates War on CFPB With Move to Cut Off All Funding
The Bulwark asked the Trump-owned chatbot a series of questions about the impacts of Trump’s agenda, ranging from tariffs to the insane…
Culture
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use…
Culture
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations…
Culture
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon…
Culture
Trump administration orders 10% of flights cut at major US airports due to shutdown
US Transportation Secretary Sean Duffy said on Wednesday that he would order 10 per cent of flights at 40 major US airports to be cut…
Culture
Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10 Nissan Motor will…
News
Trump Told CBS What to Cut From 60 Minutes Interview—And They Listened
When asked on 60 Minutes about pardoning Zhao, Trump replied: “OK, are you ready? I don’t know who he is. I know he got a four-month…
Culture
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Culture
Fed's Waller calls for December rate cut, as hawks press for policy pause
A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest…
Culture
Gold rises on bargain hunting and US rate cut, set for monthly gain
Gold prices edged higher on Friday (Oct 31), and were on track for a third straight monthly gain, as bargain hunting and a US Federal…
Culture
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss German sportswear maker Puma on Thursday (Oct 30)…
Culture
Gold ticks up on US dollar retreat, Fed rate cut
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Blog
Federal Reserve votes for another quarter-percentage point cut
The Federal Reserve on Wednesday slashed interest rates for the second time in as many months, pointing to a slowdown in hiring. Source link
Culture
GM to cut over 1,200 jobs at EV plant
General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars,…
Culture
Fed to cut rates, but with no added signal
Federal funds futures indicate investors see a quarter-point cut as nearly a certainty Expectations are set for two things from this…
Business
Ohana: Knesset budget to be cut by NIS 125m. following two years of intense war with Hamas
Knesset Speaker Amir Ohana announces a NIS 125 million budget cut for 2025, with the funds directed to the treasury to support Israel's…
Culture
As Fed prepares to cut rates this week, all eyes are on outcome of Trump-Xi meeting in Seoul
The prospect of a trade deal between Washington and Beijing has raised hopes of prices of goods coming down ahead of the holiday season…
Culture
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Culture
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a…
Blog
Trump heads to Asia to build alliances, cut trade deals, go eye-to-eye with China's Xi
President Trump leaves Washington Friday for a whirlwind tour of Asia with an ambitious to-do list of high-stakes meetings, including with…
Culture
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Business
Momotaro statue, a gift from Japan, cut down and stolen from San Jose park
A bronze statue honoring San Jose's sister-city ties to Okayama, Japan, was cut down and stolen last week from Guadalupe River Park, city…
Culture
Internet services cut for hours by Amazon cloud outage
Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affected MANY popular Internet services, from streaming…