Latest in FirstFT: OECD cuts global growth forecast
Sort by
701 items
-
Israel to cut off electricity in Gaza in apparent effort to force hand of Hamas
Humanitarian officials say move could hit already meagre water supply, as ceasefire talks grow increasingly chaotic. Israel is to cut off any remaining electricity supplies to Gaza in an apparent ...The Guardian - Mar. 9 -
Former USAID employees on cuts: 'We are going to put lives in jeopardy'
Two former employees of the U.S. Agency for International Development (USAID), who were fired last month, told CNN the 83 percent spending cuts Secretary of State Marco Rubio announced Monday would ...The Hill - Mar. 10 -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - Mar. 10 -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
Oz dodges questions about Medicaid cuts in confirmation hearing
Dr. Mehmet Oz, President Trump’s pick to lead the Centers for Medicare and Medicaid Services (CMS), dodged questions from Democrats on Friday about whether he supported potential cuts to Medicaid. ...The Hill - 3d -
These 13 growth stocks are expected to roar back from their declines so far this year
These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.MarketWatch - Mar. 10 -
Mo Vaughn, Ex-M.L.B. Slugger, Admits He Used Human Growth Hormone
Vaughn, a three-time All-Star, hit 328 home runs across 12 seasons with the Red Sox, Angels and Mets.The New York Times - Mar. 10 -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - Mar. 10 -
UK growth push held back by poor Whitehall co-ordination, watchdog finds
National Audit Office says departments needs to work together more effectively on industrial strategyFinancial Times - 6d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 6d -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - 5d -
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.CNBC - 4h -
UK hotter than Costa del Sol on warmest weekend of the year
Temperatures topped 19.7C this weekend in Crosby near Liverpool but cold weather is back in the forecast.BBC News - Mar. 9 -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - Mar. 10 -
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.The New York Times - Mar. 10 -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 6d -
Bond market strains intensify for Reeves as investors await OBR’s verdict
Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yieldsFinancial Times - 5d -
Wholesale price measure was flat in February, compared with expected increase
The producer price index was expected to rise 0.3% in February, according to the Dow Jones consensus forecast.CNBC - 5d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 5d -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - 5d -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - 5d -
UN World Food Program to cut food aid for over 1 million people in Myanmar
The United Nations food agency says that more than 1 million people in the war-torn nation of Myanmar will be cut off from food assistance due to critical funding shortfallsABC News - 4d -
The 49ers bring back Kyle Juszczyk days after cutting him, AP source says
Fullback Kyle Juszczyk is returning to the San Francisco 49ers on a two-year, $8 million contract just days after being cut, a person familiar with the deal told The Associated Press on Saturday. ...Yahoo Sports - 3d -
7-foot-9 Florida center Olivier Rioux goes viral after unique approach cutting down net
Olivier Rioux, who hit the 7-foot mark in the summer before seventh grade, didn't need a ladder to cut the net after Florida won the SEC Championship.Yahoo Sports - 1d -
Starmer to drive through welfare cuts that could affect UK’s most severely disabled
PM faces backlash over plans to tighten eligibility, potentially leaving more than 600,000 claimants £675 a month worse off. Keir Starmer is to defy growing anger by driving through welfare cuts ...The Guardian - 1d -
Saints would have set an NFL dead money record by cutting Derek Carr
Derek Carr was reportedly open to testing the market, so why didn't the Saints cut him? Doing so would have set an NFL dead money record.Yahoo Sports - 1d -
Johns Hopkins University says it's laying off 2,200 due to USAID funding cuts
Trump administration funding cuts have come to Johns Hopkins University, a major research institution headquartered in Maryland. The university says 2,200 workers are being laid off. CBS News ...CBS News - 1d -
EU’s foreign policy chief laments US funding cuts to Radio Free Europe
Kaja Kallas says the bloc cannot automatically fill the gap left by the US. The EU’s foreign policy chief, Kaja Kallas, expressed disappointment over US funding cuts to Radio Free Europe and said ...The Guardian - 23h -
U.S. Foreign Aid Cuts Hit Sudanese Refugees Fleeing Violence and Famine in Darfur
Just weeks after the U.S. government suspended its work in massive foreign aid cuts announced in January, humanitarians say much of the damage to critical programs has already been done.The New York Times - 3h -
U.S. Foreign Aid Cuts Hit Sudanese Refugees Fleeing Violence and Famine in Darfur
Just weeks after the U.S. government suspended its work in massive foreign aid cuts announced in January, humanitarians say much of the damage to critical programs has already been done.The New York Times - 3h -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - Mar. 9 -
Does cutting benefits actually work?
The government has set out plans to save billions of pounds from the welfare bill - how have previous attempts to do this fared?BBC News - 57m -
Mistral releases new optical character recognition (OCR) API claiming top performance globally
Mistral AI enables businesses to extract, analyze and interact with their documents in more intelligent ways.VentureBeat - Mar. 6 -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - Mar. 9 -
Saudi Arabia tries to shed 'pariah status,' remaking itself as a key middleman in global conflicts
Saudi Arabia will host a key summit Tuesday between Secretary of State Marco Rubio and Ukrainian President Volodymyr Zelenskyy.NBC News - Mar. 10 -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - Mar. 11 -
Lakers governor Jeanie Buss 'didn't anticipate the global impact' Doncic trade would have
The Luka Doncic trade didn't just shock the NBA, it shocked the basketball (and non-basketball) world.Yahoo Sports - Mar. 11 -
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live
Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...The Guardian - 6d -
Cohere targets global enterprises with new highly multilingual Command A model requiring only 2 GPUs
Command A from Cohere offers faster speeds, a larger context window, improved multilingual handling, and lower deployment costs.VentureBeat - 5d -
The global battle against the climate crisis needs China. I’m visiting Beijing, and that’s what I’ll tell them | Ed Miliband
I will be the first UK energy secretary since 2017 to visit. It is negligence towards today’s and future generations not to engage China on this critical topic. The climate crisis is an existential ...The Guardian - 4d
