Slashing Federal Budget

You’re Probably Making These Budgeting Mistakes

Three ways to fix your process so it supports growth and strategy.

Business - Inc. - Yesterday

Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.

Business - CNBC - October 30

Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.

Business - CNBC - October 31

Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms

Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.

Business - CNBC - November 7

How the FedEx-UPS Price War Could Slash Year-End Costs for Small Businesses

Falling parcel volumes and fewer year-end shopping days, this year have led the two transporters to extend big price reductions to small business owners.

Business - Inc. - November 8

Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions

A Dutch court on Tuesday dismissed a landmark climate ruling against Shell, after the oil giant was ordered to sharply reduce its emissions back in 2021.

Business - CNBC - November 12

Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands

Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.

Business - CNBC - November 12

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Business - CNBC - 5 days ago

Musk's DOGE wants to slash regulations. Workers and patients may suffer, experts say.

Trump appointed Elon Musk as co-head of the Department of Government Efficiency.

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - November 7

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Trump warned against meddling with Federal Reserve’s independence

Any effort by president-elect to interfere in interest rate policy could destabilise markets

Business - Financial Times - November 9

Germany's federal court to rule on 'river to the sea' slogan

World - Yahoo News - November 14

Federal workers brace for Trump overhaul of civil service

President-elect Trump’s plans to reshape the federal workforce would allow him to fire wide swaths of career employees and replace them with political appointees — a move that comes as he has ...

Politics - The Hill - November 18

Federer pays tribute to Nadal for 'epic career'

Roger Federer says Rafael Nadal "made the whole tennis world proud" during his "epic career" before the Spaniard's retirement.

Ex-Temple guard in federal point-shaving inquiry

Federal authorities are investigating whether former Temple men's basketball player Hysier Miller bet on his own games and manipulated the outcome of Owls games he played in, according to multiple ...

Sports - ESPN - 6 days ago

Republicans ask for investigation into federal funding for Planned Parenthood

More than 100 Republican lawmakers are asking for an investigation in to the amount of federal funding that has been awarded to health centers that also provide abortion, including Planned ...

Politics - The Hill - 5 days ago

Judge dismisses special counsel's election case against Trump

The case was dismissed "without prejudice", meaning charges could be refiled when Trump leaves office.

Top federal prosecutor in New York announces resignation before Trump takes office

The federal prosecutor who has overseen the convictions of Sen.

Judge dismisses Trump's federal election interference charges

President-elect Trump’s criminal indictment accusing him of conspiring to subvert the 2020 election results is no more. U.S. District Judge Tanya Chutkan on Monday swiftly granted special counsel ...

Politics - The Hill - 2 days ago

Special counsel dropping federal charges against Trump

Special counsel Jack Smith told federal courts he is dropping the federal election interference and classified documents cases against President-elect Donald Trump, citing a Justice Department ...

Politics - NBC News - 2 days ago

Could Trump's federal cases be revived in 2029?

A judge dismissed the federal election interference case against President-elect Donald Trump on Monday after special counsel Jack Smith filed a motion to end the proceedings. Smith also filed a ...

Federal authorities on alert for threats ahead of Thanksgiving

Federal and local authorities are reportedly warning the Macy's Thanksgiving Day Parade in New York City could be a target for would-be terrorists. Law enforcement officials will also need to be on ...

Rivian to Get $6 Billion Federal Loan for EV Factory

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.

Business - The New York Times - Yesterday

What to expect in Rachel Reeves’ first Budget

Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quickly

World - Financial Times - October 29

Chris Mason: Chancellor will set agenda for years to come

Rachel Reeves' historic first Budget will set the agenda for the Labour government for years to come.

Five things to watch out for in the Budget for Wales

What could Rachel Reeves' first Budget mean for Wales? Here are five things to watch.

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