The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...

A judge temporarily barred the Trump administration from carrying out sweeping cuts and layoffs at over a dozen government agencies late Friday, part of a massive federal cost-cutting drive led by ...

US President Donald Trump has decided to cut off direct contact with Israeli Prime Minister Benjamin Netanyahu, a report said Thursday. Yanir Cozin, a correspondent for Israeli Army Radio ...

GOP leaders on Capitol Hill signaled Thursday they are scaling back their tax-cutting ambitions after running into difficulty making deep spending cuts and facing stern warnings from Republican ...

Japan’s Panasonic Holdings said on Friday it will cut 10,000 employees and expected to book structural reform costs of $896.06 million this business year as part of a continuing management ...

But some of that is of his own making. Back in early March, word leaked out of plans to slash as many as 83,000 jobs at the VA — a cut of about 15%. That news alarmed veterans groups and lawmakers.

Hundreds of AmeriCorps workers in Wisconsin lost their jobs due to sudden program cuts. The cuts affected programs like Girl Scout Reaching Out, Schools of Hope and Partners for After School ...

The Trump administration is cutting the Environmental Protection Agency’s (EPA) Energy Star program, which highlights energy efficient home appliances, according to sources and images of slides ...

In Wright’s debut in the House on Wednesday to defend the Trump administration’s energy budget, he encountered resistance from even some Republicans about cuts to nuclear and science programs.

While no final decision has been made, the question isn't if cuts will happen-but when. A recent Congressional Budget Office (CBO) analysis has pinpointed a definitive timeline for one of the most ...