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 ...

US Secretary of Defense Pete Hegseth has ordered senior Pentagon leadership to cut the number of four-star generals and admirals by at least 20% across the military, according to a memo signed by ...

America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm ...

Laura Gillen on Long Island and Josh Riley in the Hudson Valley — to push tax-cut extensions. “Did you see Congresswoman Laura Gillen just voted to let taxes go up by $4 trillion?” ...

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 ...