Latest in FirstFT: OECD cuts global growth forecast
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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 - 1d -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - 12h -
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 - 12h -
How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - 7h -
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 -
Olympic candidate Coe backs athletes calling for climate issues to be a priority in global sports
“If I’m successful next week that is very high in my in-tray,” Coe told reporters in an online call ahead of the vote in Greece next Thursday, where he is one of seven candidates to succeed IOC ...Yahoo Sports - 4d -
Pittsburgh Penguins and Nashville Predators to play NHL Global Series games in Stockholm in November
The games at newly renovated Avicii Arena are set to be the 47th and 48th games the league has held in Sweden.Yahoo Sports - 35m -
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 - 9h -
King's Commonwealth message of unity in 'uncertain times'
At a time of global tensions, King Charles emphasises the importance of countries working together.BBC News - Mar. 8 -
Macron's diplomatic comeback: from France's domestic crisis to reshaping Europe's defense
French President Emmanuel Macron is back at the center of global diplomacyABC News - Mar. 9 -
S&P and Nasdaq close up, Dow closes down after turbulent day amid trade war
An escalating global trade war hammered markets in recent days.ABC News - 6d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - Mar. 8 -
USAid cuts could create untreatable TB bug ‘resistant to everything we have’
Projects to detect, treat and research new ways to fight TB among those disrupted by sudden funding freeze . Dangerous new forms of tuberculosis (TB) for which there is no treatment could emerge as ...The Guardian - Mar. 10 -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - Mar. 11 -
'A lot of fear': Speaker Johnson's constituents react to potential cuts to Medicaid, food stamps
NBC News Capitol Hill Correspondent Melanie Zanona reports from Vinton, Louisiana, on how Speaker Mike Johnson’s constituents are reacting to potential cuts to Medicaid and food stamps. NBC News ...NBC News - 6d -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 5d -
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 billion cut to the district’s local budget, a move that has been catching ...The Hill - 5d -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 4d -
Here’s where the jobs are for February 2025 – in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.CNBC - Mar. 7 -
Stock Market Has Worst Weekly Drop in Months as Tariffs Hang Over Wall St.
Investors are worried about the economy and whether tariffs on America’s largest trading partners will stifle growth.The New York Times - Mar. 7 -
Noteworthy new books on economics
Why advanced economies are struggling to build; how Britain can boost growth; plus books on inequality and povertyFinancial Times - Mar. 10 -
Nvidia has teamed up with Utah to improve AI education and workforce training
Nvidia has teamed up with the state of Utah on an AI education initiative to improve workforce training and economic growth.VentureBeat - Mar. 10 -
Trump says a transition period for the economy is likely: 'You can’t really watch the stock market'
Officials have spent the past several days bracing Americans for a slowdown that they say will lead to stronger growth ahead.CNBC - Mar. 10 -
Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook
Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.CNBC - Mar. 11 -
What lies behind the dramatic shift in markets
The sudden change in investors’ growth expectations for the three largest economies is upending many consensus tradesFinancial Times - Mar. 11 -
White House: Stock market plunge is not as 'meaningful' as business activity
The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.CNBC - Mar. 11 -
Small Businesses Still Struggle to Hire, Despite Rising Recession Fears
The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.Inc. - Mar. 11 -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - 6d -
UK financial regulators in retreat as prime minister piles on pressure
City cheers Sir Keir Starmer’s crackdown on red tape but there are questions over how much it can boost growthFinancial Times - 6d -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 6d -
Dollar General says lower-income customers shouldn’t expect any relief from high prices this year
The average transaction amount increased amid growth in consumables, which includes food, while traffic declined.MarketWatch - 5d
