Latest in Cost Cuts China
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Business - Financial Times
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market5 hours ago - China -
Business - CNBC
Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.14 hours ago - China -
Politics - The Hill
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...13 hours ago - Donald Trump -
Top stories - CBS News
How much does a $30,000 home equity loan cost per month now that rates were cut?
A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.Yesterday -
World - Financial Times
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further2 days ago -
World - Financial Times
Investors pile into emerging-market funds that cut out China
Demand for ‘ex-China’ strategies soar as tensions with west linger, despite recent stock rebound2 days ago - China -
Business - CNBC
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.2 days ago - China -
World - Financial Times
Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words
The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humour3 days ago - Russia -
Business - Financial Times
US consumers cut back on spirits as cost of living pressures bite
Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky3 days ago -
Business - The Wall Street Journal
Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'
Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.4 days ago - Elon Musk -
World - Financial Times
China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth4 days ago - China -
Business - CNBC
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.4 days ago - China -
Top stories - BBC News
Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.5 days ago -
Business - CNBC
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.October 18 -
Top stories - NBC News
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.October 18 -
Sports - Yahoo Sports
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.October 17 - NFL -
Business - The Wall Street Journal
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.October 17 -
World - Financial Times
China is turning Japanese
At least that’s what the bond market is whisperingOctober 17 - China -
Business - The Wall Street Journal
McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsOctober 17 - China -
Top stories - CBS News
How much does a $25,000 HELOC cost monthly now that rates were cut?
A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.October 16 -
Top stories - CBS News
How much does a $15,000 home equity loan cost monthly now that rates were cut?
A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.October 15 -
Sports - CBS Sports
Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report
Ferguson was reportedly paid around $3 million a year for his servicesOctober 15 - Premier League -
Top stories - CBS News
How much does a $200,000 home equity loan cost per month now that rates are cut?
As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.October 14 -
Top stories - BBC News
Children must not pay price of council cuts, commissioner says
Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.October 14 -
Top stories - BBC News
A Japanese boy was killed in China. Was cyber-nationalism to blame?
The Chinese government has been accused of using online nationalism as a useful safety valve.October 13