Latest in Likely Cut Benchmark
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China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.CNBC - Jan. 20 -
Where is the upcoming winter storm likely to hit worst?
Nearly 70 million people are under weather alerts from North Carolina to Maine as a major winter storm is expected to bring snow and ice.ABC News - Jan. 19 -
Abuse report care pupils felt like 'troublemakers'
Allegations of abuse by former pupils at Wings School in Cumbria "almost double" in a month.BBC News - Jan. 20 -
This is Nvidia’s secret weapon and it’s likely to propel the stock in 2025
Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’MarketWatch - Jan. 18 -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 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 -
Trump’s Inauguration Day is Likely One of the Coldest in Decades
An arctic chill is headed to Washington (and much of the United States) on Monday.The New York Times - 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 -
Mike Pence to Trump: cutting Taiwan support would ‘likely spark a new nuclear arms race’
Former vice-president makes surprise visit to Taipei and predicts that if China annexes its neighbour other Asia-Pacific countries will build nuclear arsenals. Mike Pence called on Donald Trump’s ...The Guardian - 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 performanceFinancial 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 departmentsFinancial Times - Jan. 15 -
OpenAI Details How It Would Like AI to Be Regulated
The resulting regulation—or lack thereof—could have repercussions for businesses working on artificial intelligence.Inc. - Jan. 14 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
Europe Wasn’t Built to Be Like This
Schengen is now a symbol of the migration crisis driving the backlash against globalization and the ascendance of illiberalism.The New York Times - Jan. 13 -
A Mike Tomlin trade is possible, but it's not likely
The report came quickly, a day after the Steelers' season ended with another one-and-done postseason performance.Yahoo Sports - Jan. 13 -
This Part of Mozambique Was Like Paradise. Now It’s a Terrorist Hotbed.
Islamic State militants have rampaged across the northern Cabo Delgado Province for more than seven years. The government says the situation has stabilized. Residents tell a different story.The New York Times - Jan. 12 -
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 -
Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations
Based on a new benchmark, Google DeepMind found Gemini 2.0 Flash to be the most factual LLM, with a score of 83.6%.VentureBeat - 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 -
The TikTok Ban Is More Likely Than Ever
While Supreme Court justices pressed both sides in Friday’s oral arguments, experts say it’s hard to see how TikTok gets enough votes to survive.Wired - 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 -
Self-invoking code benchmarks help you decide which LLMs to use for your programming tasks
LLMs are good at coding simple functions. But how good are they at calling their own functions to solve complex problems?VentureBeat - 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 -
'Like a warzone': LA residents describe fleeing fire
People at an evacuation centre describe fleeing their homes as flames engulfed their streets.BBC News - Jan. 9 -
What This New Era of Power Looks Like in Washington
The vibe around the halls of Congress has been quite different from this time four years ago.The New York Times - Jan. 9 -
Why Milan looks like an art capital of the future
Gallerists and collectors are drawn by an impressive cultural heritage — and attractive tax arrangementsFinancial Times - Jan. 9 -
Biden becomes great-grandfather, in likely presidential first
President Biden welcomed his first great-grandchild into the world on Wednesday after his granddaughter Naomi had a cesarean section birth in Los Angeles. Biden, 82, is believed to be the first ...The Hill - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
We Are Not Prepared for Fires Like This
A decade ago, this kind of disaster seemed unthinkably rare.The New York Times - Jan. 8 -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
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 -
IV fluid shortage likely to extend into early 2025
This is a MedPage Today story. In late September, Hurricane Helene damaged a major supplier of intravenous (IV) fluids. In this report, we follow up on what has happened since. Hurricane Helene ...ABC News - Jan. 7