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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 retailersBusiness - 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 themTop stories - BBC News - November 12 -
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 -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - November 14 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - November 14 -
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.Top stories - BBC News - November 15 -
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.Top stories - BBC News - November 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.Top stories - BBC News - November 19 -
£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.Top stories - BBC News - November 19 -
Medicaid May Face Big Cuts and Work Requirements
Republicans in Congress are eyeing cuts to Medicaid, which could threaten health coverage for tens of millions of poor Americans.Health - The New York Times - November 20 -
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 cancellationsWorld - 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.Top stories - BBC News - November 20 -
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 - November 21 -
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 ...Politics - The Hill - November 21 -
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Giants agree to cut Jones: Best for QB and team
The Giants are granting Daniel Jones' request to be released, saying the sides mutually agreed that it "would be best for him and for the team" to move on.Sports - ESPN - November 23 -
Bosch to Cut Thousands of Jobs as Auto Woes Intensify
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.Business - The Wall Street Journal - November 22 -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - November 22 -
How to Cut AI's Appetite for Electricity and Water
Artificial intelligence doesn’t have to be such a power guzzler. Here’s how to make it less hungry.Business - The Wall Street Journal - November 21 -
Elon and Vivek: Please listen before cutting government
If Elon and Vivek are to make any headway, here are the three largest points of leverage.Politics - The Hill - 3 days ago -
Interest Rate Debate Continues on December Cut
The minutes of the Fed’s November meeting indicate the central bank’s policymakers haven’t decided on a rate cut next month.Business - Inc. - 3 days ago -
Car speed limits could be cut but raised for HGVs
Under government plans, the car limit would go from 60mph to 50mph on single carriageways and from 40mph to 50mph for lorries.Top stories - BBC News - 3 days ago -
How to cut down on Thanksgiving food waste
Experts share tips on how families preparing for Thanksgiving can take steps to cut down on the amount of food wasted during the holiday season.Top stories - CBS News - 2 days ago -
Union begins legal action to stop winter fuel cuts
The union argues the government did not properly assess the impact of the cuts on pensioners' health.Top stories - BBC News - 2 days ago -
South Korea unexpectedly reduces benchmark lending rates in first back-to-back cuts since 2009
This surprised economists polled by Reuters, which expected the BOK to hold rates.Business - CNBC - 2 days ago -
Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay
The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.Business - The Wall Street Journal - October 31 -
Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - November 1 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1