Latest in Cuts Councillor Says
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Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Embrace This Type of Failure, Science Says
Discover why failing well is crucial for your success—and how to do it right.Inc. - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Deer killed by dog in Richmond Park, police say
Met Police are appealing for help in identifying the owner of a dog believed to have killed a deer.BBC News - Dec. 4 -
A few bursts of vigorous movement a day may cut women's heart risks, study says
Short bursts of movement throughout the day — no matter how small — can help the heart, especially for women, research published Tuesday found.NBC News - Dec. 3 -
Apple says it uses Amazon's custom AI chips
Apple is currently using Amazon Web Services' custom AI chips for services like searching and will evaluate if its latest AI chip can be used to pre-train its AI models like Apple Intelligence.CNBC - Dec. 3 -
CDC says McDonald's E. coli outbreak is over
The CDC said 104 people in 14 states were infected in the E. coli outbreak linked to McDonald's.CNBC - Dec. 3 -
Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts
Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further ...MarketWatch - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Michigan Republican says gay marriage should be illegal
Michigan state Rep. Josh Schriver (R) rebuked gay marriage in a Monday social media post that has drawn backlash from some of the state’s top Democrats. “Make gay marriage illegal again,” Schriver ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
McDonald's E. coli outbreak is over, CDC says
The E. coli outbreak linked to slivered onions on McDonald’s Quarter Pounder hamburgers is over, the CDC said Tuesday.NBC News - Dec. 3 -
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Biden in Angola says the future runs 'through Africa'
President Biden on Tuesday declared the United States was “all in” on forging a stronger partnership with Africa as he nodded to the complicated and at times ugly history between the two during a ...The Hill - Dec. 3 -
Israel says it will hold Lebanon responsible if ceasefire collapses
Minister’s vow to ‘go deeper’ if hostilities resume comes after deadly Israeli air strikes severely test truceFinancial Times - Dec. 3 -
Rams were shocked to land former first-round pick off waivers after the Commanders cut him ahead of Week 13
Emmanuel Forbes is headed to Los AngelesCBS Sports - Dec. 3 -
Axelrod says Hunter Biden pardon 'handled poorly'
Democratic strategist David Axelrod was critical of the way President Biden handled the pardoning of his son, Hunter Biden, saying it was done "poorly." "It was just handled poorly, on top of ...The Hill - Dec. 3 -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Manchin says Biden should pardon Trump
Sen. Joe Manchin (I-W.Va.) said Monday in an interview with CNN that President Biden should pardon President-elect Trump. "What I would have done differently, and my recommendation as a counsel ...The Hill - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Bluesky says X's "partisan microphone" are driving users to it
Bluesky has added millions of new subscribers in the last month as some users leave X. Here's what to know.CBS News - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Harvey Weinstein taken back to hospital, lawyer says
Harvey Weinstein has been hospitalized for "emergent treatment due to an alarming blood test result that requires immediate medical attention," his attorney said.ABC News - Dec. 2 -
Feeding grazing cows seaweed could cut their methane emissions by nearly 40 percent: Study
Supplementing the diets of grazing beef cows with seaweed in pellet form could cut their methane emissions by almost 40 percent, a new study has found. The seaweed pellets led to this plunge in ...The Hill - Dec. 2