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British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.CNBC - 1h -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - 1h -
Canada vows swift retaliation to 'unjustified' Trump tariffs
As top exporter of steel and aluminium to the US, Canada sees new trade barriers as a threat to its economy.BBC News - 1h -
EU vows US tariffs 'will not go unanswered' and will trigger tough countermeasures
European Union chief Ursula von der Leyen vowed that U.S. tariffs on steel and aluminum “will not go unanswered” and will trigger tough countermeasures from the 27-nation blocABC News - 4h -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 21h -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 1d -
Jim Jordan backs Elon Musk’s authority to cut federal government
“It's something that people evaluated and voted for on November 5,” the Ohio Republican said.Politico - 1d -
Progressive group sounds alarm on Medicaid cuts
Presented by American Medical Association — A new report from Democratic-aligned group Protect Our Care highlights potential GOP changes to Medicaid. {beacon} Health Care Health Care The Big ...The Hill - 13h -
More job cuts expected at Justice Department, FBI
Staff within the Justice Department and FBI are on edge and bracing for more firings due to the changes under the new Trump administration. CBS News Department of Justice correspondent Scott ...CBS News - 14h -
22 states sue to block Trump cuts to NIH research payments
Attorneys general in 22 states sued the top health agencies Monday, attempting to block the Trump administration’s plan to slash grant funding to universities and research institutions across the ...The Hill - 19h -
USAID cuts threaten global women's program championed by Ivanka Trump
Five years ago, Lillian Achom stood with President Trump as he backed her women's development work - work she says is threatened by his USAID cut.CBS News - 20h -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 20h -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”The New York Times - 22h -
UK steel industry fears ‘devastating blow’ from Trump tariffs; Brussels vows to react; FTSE 100 hits record high – business live
US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect. Trump to announce 25% aluminum and steel tariffs as China’s levies ...The Guardian - 22h -
‘Total chaos’: Monkey blamed for nationwide power cut in Sri Lanka
Energy minister says monkey ‘came into contact with grid transformer’, causing hours-long outage in sweltering heat. A countrywide power outage in Sri Lanka has been blamed on a monkey that ...The Guardian - 1d -
Minister blames monkey for Sri Lanka nationwide power cut
The outage is yet to be fully fixed, meaning hospitals and other buildings are having to use generators.BBC News - 1d -
Dismay as UK poised to cut funding for global vaccination group Gavi
Exclusive: Aid charities alarmed as decision would come in wake of Donald Trump’s decision to freeze USAid activities. The UK is poised to cut funding to a global vaccination group that has ...The Guardian - 1d -
Barcelona cruise past Sevilla to cut gap at top of LaLiga to two points
Barcelona beat Sevilla 4-1 at the Ramón Sánchez-Pizjuán Stadium to close the gap at the top of LaLiga to two points. Scorers: Vargas 8'; Lewandowski 7', López 46', Raphinha 55', García 89'The...Yahoo Sports - 1d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 1d -
Driver cut free after crash with highways vehicle
Firefighters say the highways vehicle was stationary within a closed work zone when it was hit.BBC News - 1d -
Kurdish officials fear Islamic State revival as US aid cuts loom
Humanitarian groups worried north-east Syrian camps holding suspected IS members will lose basic facilities. Kurdish officials have warned of an Islamic State resurgence if US foreign aid cuts take ...The Guardian - 2d -
‘This time, we stay’: the Palestinian families vowing not to leave Gaza
Defiant Gazans reject Trump’s resettlement plan after enduring 15 months of conflict. Saaed Salem’s eyes filled with tears as he surveyed the remains of his north Gaza neighbourhood on a freezing ...The Guardian - 2d -
North Korea's Kim slams US-South Korea-Japan partnership and vows to boost his nuclear program
North Korean leader Kim Jong Un has said an elevated U.S. security partnership with South Korea and Japan poses a grave threat to his country and vowed to further bolster his nuclear weapons programABC News - 2d -
Ukraine war briefing: Kim Jong-un vows ongoing support for Russia’s ‘just cause’
North Korean leader also pledged further development of nuclear forces; UK foreign secretary says no imminent peace talks with Russia. What we know on day 1,082. See all our Ukraine war ...The Guardian - 2d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 2d -
Trump Administration Cuts Put Medical Progress at Risk, Researchers Say
Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.The New York Times - 2d -
Scientists warn Trump’s $4bn funding cuts will harm US medical research
Academics say the move imperils scientific progress and helps America’s rivalsFinancial Times - 2d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 2d -
Gatland vows to fight on as Wales head coach
Wales slump to their 14th consecutive defeat with the latest loss to Italy in Rome.BBC News - 2d -
Bolton says DOGE cuts hurt ‘long-term American interests’
President Trump’s former national security adviser John Bolton said during an interview that some of the proposed Department of Government Efficiency (DOGE) cuts could hurt “long-term American ...The Hill - 2d -
Trump cuts aid to South Africa over ‘racial discrimination’ against Afrikaners
US president also offers asylum to Afrikaners and criticises law that allows land seizures without compensation in some circumstances. The US president, Donald Trump, has signed an executive order ...The Guardian - 2d -
7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.Inc. - 3d -
Cambridge risks losing ‘unbelievable talent’ amid PhD funding cut
Warning by vice-chancellor Deborah Prentice comes as ‘Silicon Valley’ planned between Oxford and Cambridge. The University of Cambridge risks “losing unbelievable talent” owing to a drop-off in ...The Guardian - 3d -
Trump and Japanese PM Ishiba talk tariffs and vow to stand against Chinese ‘aggression’
Leaders praise each other at White House but president warns Japan could face tariffs if it doesn’t cut US trade deficit to zero. The Japanese prime minister, Shigeru Ishiba, and the US president, ...The Guardian - 3d -
Trump says he is cutting off Biden's access to intelligence material
Former presidents are traditionally allowed to receive intelligence briefings if they are being consulted about events that occurred while they were in office.NBC News - 3d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 3d -
Administration vows to rehire DOGE Treasury Department staffer who left over posts
One day after a DOGE Treasury Department employee resigned over racist social media posts, the Trump administration has vowed to rehire him.ABC News - 3d -
Small Businesses and Contractors Also Get Hit by Trump’s Federal Funding Cuts
Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.Inc. - 3d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 4d
