Requires Cut Funding

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.

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 - November 11

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 - November 11

Astonish cut-price soaps clean up in supermarkets

A family manufacturer in Bradford has been propelled by the growth of discount retailers

Business - Financial Times - November 12

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. - November 12

Immigration cuts: Why prime ministers keep failing to meet their targets

Promises on net migration have been made for 15 years - but few kept them

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 - November 13

Job cuts 'inevitable' over £30m university deficit

Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

SNP plans to cut staff at party headquarters

The SNP's ruling body has proposed cutting staff the number of staff at its headquarters from 26 to 16.

Associated Press cutting staff through buyouts

The Associated Press is slashing a number of jobs as a cost cutting measure, the company confirmed this week. In a note to staff on Monday, CEO Daisy Veerasingham wrote the AP is will offer "a ...

Politics - The Hill - November 18

UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’

Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.

£100 payment to help pensioners with winter fuel cuts

Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.

Northern Rail to cut Christmas timetable to improve reliability

UK’s largest train operator outside London has breached its contract three times this year due to cancellations

World - Financial Times - November 20

Ford’s troubles continue. Its stock price slumps as automaker plans job cuts

Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...

Business - MarketWatch - November 20

£500m defence cuts as ships, drones and helicopters scrapped

Critics said the move would leave UK defence weaker, at a time of growing international tensions and after over a decade of funding pressures on the armed forces.

Medicaid cuts in crosshairs as Trump, GOP take control

Significant cuts to Medicaid could be on the table next Congress as President-elect Trump and Republicans look for ways to offset tax cuts and streamline government spending. Republicans on Capitol ...

Politics - The Hill - 6 days ago

5 obstacles Republicans will face on the road to tax cuts

Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...