Latest in Cutting Measure
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Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthWorld - Financial Times - October 15 -
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...World - The Guardian - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
Wednesday Briefing: U.S. Warns it May Cut Israel’s Military Aid
Plus, an investigation into China’s panda breeding program.World - The New York Times - October 15 -
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He was a Week 1 fantasy hero. Now it's time to cut him
Scott Pianowski examines six players you might be better off without on your fantasy football roster.Sports - Yahoo Sports - October 15 -
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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Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.Top stories - BBC News - October 16 -
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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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