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Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.CNBC - 14h -
The Guardian view on spending cuts: behold the grim return of slash-and-burn government | Editorial
Spending public money carefully is a virtue in itself, but running down the public sector can cause huge problems later on. Slash-and-burn government is back in vogue. Whether it is Elon Musk and ...The Guardian - 15h -
How Escalating Violence Is Upending Lives in the West Bank
Since Oct. 7, 2023, Israeli military raids in areas dominated by Palestinian militants in the West Bank have increased, often leaving civilians with limited access to medical care and caught in the ...The New York Times - 19h -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 1d -
Fast break AI: How Databricks helped the Pacers slash ML costs 12,000X% while speeding up insights
The jaw-dropping decrease is a credit not only to Databricks, but PS&E's ability to reduce ML compute to near-infinitesimal amounts.VentureBeat - 1d -
Reeves's CV exaggerated time at Bank of England
The BBC has established the Chancellor left the financial institution nine months earlier than she states in her LinkedIn profile.BBC News - 27m -
Chevron to slash up to 20% of its workforce
US oil group announces cuts despite Donald Trump’s exhortation to ‘drill, baby, drill’Financial Times - 15h -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 17h -
Fogel reflects on time in Russian prison; Trump empowers Musk to slash federal workforce
Marc Fogel, an American school teacher who was detained in Russia for more than three years, was welcomed at the White House Wednesday night where he said he's still processing his time in ...CBS News - 21h -
UK banks to lobby Reeves on hiring top foreign talent
Chancellor’s meeting with financial services groups expected to focus on visas, regulation and taxFinancial Times - 1d -
Medical research in jeopardy as Trump seeks to slash funding
Grants from the National Institutes of Health have helped create breakthroughs in cancer treatments, heart disease and vaccine development. But scientists from some of the nation's top medical labs ...CBS News - 1d -
Palestinians in West Bank fear being pushed out amid heightened violence
While the truce in Gaza holds, Israel is hitting Hamas in the West Bank, and Palestinians there are deeply concerned they, too, could be forced out. Chris Livesay has more.CBS News - 1d -
Is it risky to open a CD with an online bank? What experts say
Online banks may offer better rates, but there are some potential drawbacks to take into account, too.CBS News - 1d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 1d -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 1d -
Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank
Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...ABC News - 1d -
5 people killed in a suicide bombing near a bank in northern Afghanistan
Afghan police say a suicide bomber has detonated an explosive device near a bank in northern Afghanistan, killing at least five people and wounding seven othersABC News - 2d -
UK to change ‘unintended’ non-dom hit to overseas bank accounts
The effect of the provision would be reversed pending ministerial sign-off, a Treasury official saidFinancial Times - 2d -
Collins, Britt raise concerns about NIH move to slash billions in research costs
Two Republican senators, including a reliable ally of President Trump, have raised concerns about the National Institutes of Health's (NIH) decision to cut billions of dollars of “indirect” costs ...The Hill - 2d -
Israel's military ramps up West Bank raids
Israel's military is continuing raids in the West Bank and Palestinians are being driven out of their homes. This comes as the ceasefire deal with Hamas remains fragile. CBS News' Chris Livesay ...CBS News - 2d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 2d -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - 2d -
Israeli forces continue operations in West Bank
As the fragile ceasefire between Israel and Hamas in Gaza continues to hold, Israeli forces have stepped up operations in the West Bank in recent weeks. CBS News foreign correspondent Chris Livesay ...CBS News - 2d -
UK banks to detail IT failures after Barclays outage
MPs on Treasury select committee request information from past two yearsFinancial Times - 2d -
After the ceasefire in Gaza, West Bank Palestinians face more Israeli barriers, traffic and misery
To spend a rush hour these days at any of the traffic-snarled checkpoints outside Palestinian cities in the West Bank is to hear of the endless problems they have brought — families divided, money ...ABC News - 3d -
EU watchdog warns of resistance to Brussels’ bid to slash red tape
Esma chair says national pushback to harmonising rules risks undermining its push to become a European SECFinancial Times - 3d -
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".BBC News - 3d -
Sharing Bank Accounts Can Deepen a Couple’s Relationship
Fewer couples are combining their bank accounts. But that trend may not promote partners’ overall financial health, experts say.The New York Times - 4d -
Bennett Stirtz, Tavion Banks lead Drake over Indiana State 85-81 in OT for 10th win in row
Bennett Stirtz had 20 points and Tavion Banks scored seven of his 11 in overtime to rally Drake to an 85-81 victory over Indiana State, upping the Bulldogs’ win streak to 10ABC News - 4d -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 4d -
NIH announces it's slashing funding for indirect research costs
The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.NBC News - 4d -
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
Two exchange-traded fund experts deliver plays that should deliver multi-year gains.CNBC - 4d -
UMBC plays Maine after Banks' 30-point performance
UMBC Retrievers (11-13, 3-6 America East) at Maine Black Bears (15-9, 7-2 America East) Orono, Maine; Saturday, 2 p.m. EST BETMGM SPORTSBOOK LINE: Black Bears -5.5; over/under is 146.5 BOTTOM ...ABC News - 5d -
The Slash-and-Burn Tactics Musk Brings to Washington Often Backfired at Twitter
Can Elon Musk’s track record at X help predict the results of his current exploits within the U.S. federal government?Inc. - 5d -
USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency’s lifesaving work to screech to a halt.Wired - 6d -
Federal Employees Push Back on Trump’s Job Slashing Drive
Civil servants, officials, and outside groups are challenging Trump’s frenzied orders to slash federal agencies and headcounts, often denouncing them as illegal.Inc. - 6d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 6d