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Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday.Business - CNBC - November 7 -
Fed cuts interest rates days after election
The Fed cut interest rates by a quarter of a percentage point.Top stories - ABC News - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.Business - The New York Times - November 7 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - 3 days ago -
Seahawks shake-up: Leading tackler Dodson cut
The Seahawks waived starting inside linebacker Tyrel Dodson, who leads the team with 71 tackles, on Monday.Sports - ESPN - 3 days ago -
Astonish cut-price soaps clean up in supermarkets
A family manufacturer in Bradford has been propelled by the growth of discount retailersBusiness - Financial Times - 3 days ago -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - 2 days ago -
Immigration cuts: Why prime ministers keep failing to meet their targets
Promises on net migration have been made for 15 years - but few kept themTop stories - BBC News - 3 days ago -
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.Tech - The Wall Street Journal - Yesterday -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - 23 hours ago -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - 22 hours ago -
28% of credit card users are still paying off last year's holiday debt. How to get this season’s tab under control
Americans tend to overspend during the holiday shopping season and this year will be no different, experts say.Business - CNBC - October 21 -
Airbus to cut up to 2,500 jobs at defence and space unit
Planned reductions are a response to cost increases and stiffening competitionBusiness - Financial Times - October 16 -
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Hong Kong cuts liquor tax in an effort to reignite its nightlife industry
Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining sceneWorld - ABC News - October 16 -
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GB win twice to cut NZ lead in America's Cup
Great Britain win both races on Wednesday to halve New Zealand's lead in the America's Cup in Barcelona.Top stories - BBC News - October 16 -
Starmer and Reeves face down cabinet revolt over spending cuts
Ministers complain about Treasury approach as prime minister and chancellor finalise October 30 BudgetBusiness - Financial Times - October 16 -
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitWorld - Financial Times - October 17 -
How a broke Argentine province is countering Milei's deep austerity cuts
After entering office last year, far-right President Milei swiftly imposed his fiscal shock therapy, slashing federal budget transfers to provincesWorld - ABC News - October 17 -
Blackstone plans to list some of its largest investments
Sluggish asset sales hit third-quarter profits at world’s biggest private capital groupBusiness - Financial Times - October 17 -
Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce
More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.Business - MarketWatch - October 17 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17