Keir Starmer faces pressure from unions over winter fuel payment cut
PM defends cutting winter fuel paymentsLeaders of two of the biggest unions have added further pressure on the government over its plan to cut winter…
ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
Breadcrumb Trail LinksPMN BusinessThe European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as…
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong…
Bank of Canada cuts rates, indicates bigger cut possible | Inflation News
Wednesday marked the third consecutive cut, with the central bank citing continued easing in broad inflationary pressures.The Bank of Canada (BoC) has trimmed its key…
Bank of Canada may make bigger cut after GDP data
Breadcrumb Trail LinksNewsEconomyDetails in report hint at a stalling economyPublished Aug 30, 2024 • Last updated 22 minutes ago • 5 minute read You can save…
Dozens injured, power cut as Typhoon Shanshan hits southern Japan | Weather News
Powerful storm with gusts of up to 216km per hour made landfall near Satsumasendai city in southwestern Kyushu.Dozens of people have been injured and power…
What a September Cut Could Mean for the Economy and the Election
Breadcrumb Trail LinksPMN BusinessThe time has come for a rate cut. On today’s Big Take podcast, what that cut could look like — and mean…
Pound soars to 29-month high following Fed rate cut signal at Jackson Hole
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…
Charting the Global Economy: Powell Pivots to September Rate Cut
Breadcrumb Trail LinksPMN BusinessChair Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials…
Mark Ruffalo: End Gaza war by threatening to cut off weapons for Israel
Throughout his nearly four years in office, President Biden regularly consulted historians to measure his accomplishments against history, and did so again before stepping out…
Mother and baby home compensation cut off ‘insulting’
BBCMark McCollum’s personal experience has driven his desire to help fellow survivorsSurvivors of institutions for unmarried mothers in Northern Ireland have said the families of…
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Aug 20, 2024 • 4 minute read You can save this article by registering for…
Trump tells defense workers he will cut energy costs ‘in half’ by boosting production
1 of 3 | Republican presidential candidate Donald Trump delivers policy remarks on the economy and energy at Precision Components Group in York, Pa., on…
GM to cut more than 1,000 software engineers
Article contentGeneral Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a…
Kamala Harris offers proposals to cut food and housing costs
RALEIGH, N.C. — Vice President Kamala Harris announced a sweeping set of economic proposals on Friday meant to cut taxes and lower the cost of groceries,…
White House says deals struck to cut prices of Medicare drugs
WASHINGTON — The Biden administration said Thursday that drug price negotiations will knock hundreds of dollars — in some cases thousands — off the list prices…
White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressAmanda Seitz And Zeke MillerPublished Aug 15, 2024 • 2 minute read You can save this article…
Currency war ahead? Euro gains as US CPI boosts Fed rate cut expectations
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Cisco earnings beat expectations as company announces 7% cut to workforce
Cisco Systems Inc., headquartered in San Jose, Calif., announced Wednesday it plans to lay off 7% of its global workforce to offset larger artificial intelligence…
US inflation slows in July, clearing way for a cut in interest rates | Inflation News
Year-over-year inflation has reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades…