Tag Archives: cut

Alarming jobs report makes potent case for the Fed to cut interest rates  Axios Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy  CNBC Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell  The New York Times Fed holds rates steady but sees first double dissent in three decades  The Hill Powell didn’t just …

The Corporation for Public Broadcasting announced Friday that it will begin shutting down, weeks after Congress canceled previously approved funding for the nation’s steward of public media access. The CPB said in a statement that it will begin an “orderly wind-down” of its operations after nearly 60 years with the support of the federal government. It said that most staff …

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell  The New York Times Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards  Fortune Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts  CNBC 2 Fed officials break ranks as Trump wages war on Powell  Politico …

Trump Urges Fed Board to ‘Assume Control’ If Rates Are Not Cut  Bloomberg Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell  AP News Fed keeps interest rates unchanged for fifth-straight time  CNN Fed holds interest rates steady despite Trump pressure  BBC Trump lashes out at Powell over rate decision with stream of insults  Axios Source link

Trump gives major drugmakers 60 days to cut U.S. prices  Axios Trump is demanding drugmakers lower prices within 60 days. Pharma experts say it’s unlikely to happen.  CNN Trump’s drug price ultimatum sets pharma firms scrambling  CNBC Trump calls for price cuts on prescription drugs within 60 days in letters to Eli Lilly, Pfizer, other drugmakers  NBC News Trump pressures 17 pharma CEOs to …

Trump pressures 17 pharma CEOs to cut US drug prices  Reuters Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September  The New York Times Trump’s drug price ultimatum sets pharma firms scrambling  CNBC Trump calls for price cuts on prescription drugs within 60 days in letters to Eli Lilly, Pfizer, other drugmakers  NBC News Trump threatens drug giants with crackdown over …

Moderna to cut more than 800 jobs this year as it burns through cash  MarketWatch Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow  CNBC Moderna will lay off 10% of employees, Massachusetts-based company announces  CBS News Vaccine maker Moderna cuts hundreds of jobs; CEO says ‘every effort’ made to avoid layoffs  The Business Journals Moderna lays off 500 …

Jelly Roll revealed recently he will have surgery in the next step to making his weight loss goals. The country music star, who said he will have surgery in the next year, is preparing for his WWE SummerSlam ring appearance this weekend. “I’m gonna have to get my skin cut,” the singer said. “I’m gonna have to, because it’s interfering …

U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room at the White House in …

Massachusetts-based vaccine maker Moderna on Thursday announced plans to cut its workforce by approximately 10%. Moderna CEO Stéphane Bancel notified employees of the decision. His memo explained that the company is committed to cutting operating expenses by approximately $1.5 billion by 2027. Bancel said efforts to trim research and development, renegotiate supplier agreements and cut manufacturing costs were insufficient to …