Tag: Cuts
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Bank of Korea cuts rate to cushion economy from tariffs, political turmoil
The Bank of Korea delivered a widely expected interest rate cut Thursday to help buffer the export-driven economy from Donald Trump’s sweeping trade tariffs...
Two Fed rate cuts likely this year, but only if data slips: StanChart strategist
Standard Chartered Bank expects the US Federal Reserve to cut interest rates twice this year. While the Fed hasn’t yet seen strong enough data...
Trump tax bill holdouts lured with SALT hike, Medicaid cuts
House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit on the deduction for...
Donald Trump calls his own foreign aid cuts at USAID ‘devastating’
President Donald Trump said on Wednesday that his administration's cuts to the U.S. Agency for International Development and its aid programs worldwide have been...
Layoffs: Walmart cuts 1,500 jobs in technology team, says move will ‘reduce complexities, accelerate decisions’
Layoffs: American retail giant Walmart Inc. is cutting corporate staff at it's Bentonville headquarters in Arkansas, and other offices, Bloomberg reported, ciring sources.
The move...
