Expected Cut - QuikReader

Bank of England expected to cut rates again as UK economy stagnates

Quarter-point reduction forecast even as short-term inflation pressures are set to increase

Financial Times - 10h

England’s councils expected to cut contributions to staff pensions

Local government scheme is in surplus by £85bn, according to consultant Isio

Financial Times - 10h

Steep levies are expected on an array of goods.

White House officials said the president would impose steep levies on Saturday as punishment for the countries allowing drugs and migrants into the United States.

The New York Times - 2d

What to expect from the Grammys this weekend

Chris Willman is the senior music writer and chief music critic for Variety. He joined CBS News to discuss the potential winners and performances at Sunday's Grammys.

CBS News - 3d

Here's the financial impact of the Fed's expected pause on rate cuts

The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

CBS News - 5d

Google employees petition for 'job security' ahead of expected cuts

Google employees have begun a petition for "job security" after CFO Anat Ashkenazi in October said the company could "push a little further" with cost cuts.

CNBC - 5d

Power cuts and flood warnings as Storm Herminia hits

About 700 homes are without power and the Met Office is warning of heavy rain across Wales.

BBC News - Jan. 27

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.

NBC News - Jan. 24

Trump cuts Fauci's security detail

President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...

The Hill - Jan. 24

Chelsea's Lawrence expects 'battle' with Arsenal

Chelsea and Canada defender Ashley Lawrence has said the upcoming London derby against Arsenal will be a "tough battle" and a "really good test" for her side after an unbeaten start to the season.

ESPN - Jan. 23

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

CNBC - Jan. 23

What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

The New York Times - Jan. 23

Stripe cuts 300 jobs in product, engineering and operations

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.

CNBC - Jan. 21

Here Are Trump’s Expected Executive Orders

The president moved swiftly in his first hours in office, signing a slew of executive orders in front of a roaring crowd and then in the Oval Office.

The New York Times - Jan. 21

Vivek Ramaswamy expected to depart DOGE

Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.

CBS News - Jan. 19

Pence expected to attend Trump inauguration

Former Vice President Mike Pence is planning to attend President-elect Trump’s inauguration on Monday, a source familiar with his plans told The Hill. Pence will likely be one of many current and ...

The Hill - Jan. 18

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - Jan. 17

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.

ESPN - Jan. 17

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - Jan. 17

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Missile Attack Prompts Emergency Power Cuts in Ukraine

President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

The New York Times - Jan. 15

Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments

Financial Times - Jan. 15

A global bond sell-off is deepening as investors pare Fed rate-cut expectations

A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.

CNBC - Jan. 14

Cutting aeroplane contrails is an easy climate win

Tackling these emissions should be simple, fast and cost-effective

Financial Times - Jan. 13

India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

CNBC - Jan. 13

U.S. Companies Cut Diversity Efforts as Challenges Mount

At least six major U.S. companies modified their DEI policies last year.

Inc. - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Meta cutting DEI team, programs in broad shift

Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...

The Hill - Jan. 10

December jobs report exceeds expectations

The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS News - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - Jan. 9

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Eagles cut reserve QB, signaling Jalen Hurts' expected return vs. Packers in 2025 NFL playoffs

Hurts missed the Eagles' final two games due to a concussion

CBS Sports - Jan. 8

More dangerous winds expected in California

As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.

CBS News - Jan. 7

Lions expect Montgomery to be ready for playoffs

Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...

ESPN - Jan. 7

Washington Post cutting 4 percent of workforce

The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...

The Hill - Jan. 7

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