Tag Archives: cut

By Ann Saphir (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in September should fresh data prove reassuring, but said recent reports showing a rise in services inflation give him some pause amid what he calls the “stagflationary” impulse from tariffs. “I feel like we still need another one …

PBS plans to cut its budget by 21% as public media faces the loss of $1.1 billion in federal funding over the next two fiscal years. Paula Kerger, president and CEO of PBS, informed station general managers Wednesday of the planned cuts. The overall pool of station dues will be reduced by $35 million, she said. Local outlets are grappling …

1 Player Each NFL Team Should Cut Before the 2025 Season  Bleacher Report Team By Team Preseason Trade Block  NFLTradeRumors.co 10 veterans in danger as the NFL cutdown deadline approaches  theScore.com 4 NFL trades that should happen before the regular season  SB Nation NFL Preseason: Who Will Be the Next Victims of the Salary Cap?  Al Bat Source link

When the director of the National Institutes of Health this week said funding for the development of mRNA vaccines – the backbone of Covid vaccines – was being wound down because they had failed to “earn public trust”, it was met, publicly and privately, with exasperated incredulity. Critics say few have done more than Jay Bhattacharya and other top health …

Oil prices climb 2% to 1-week high as Fed rate cut, Trump-Putin talks loom  Reuters Oil falls ahead of Trump-Putin summit in Alaska  Reuters Oil Steadies at End of Tepid Week With Eyes on Trump-Putin Talks  Bloomberg.com Energy & Utilities Roundup: Market Talk  The Wall Street Journal Trump-Putin Summit Could Swing Oil Market. Prices Could Slide, or Hit $90.  Barron’s Source link

In brief Bitcoin’s price fell Thursday following a hotter-than-expected PPI report. Producer prices rose 0.9% in July, the largest monthly increase in over three years. Traders abandoned the prospect of a 50-basis-point rate cut. Bitcoin and other cryptocurrencies slipped on Thursday after rising producer prices blunted rate-cut hopes, and U.S. Treasury Secretary Scott Bessent said the government wouldn’t start cutting …

Kanye West’s Former Malibu Beach House Gets a Price Cut  Mansion Global Source link

Stocks retreat after hot US inflation data shakes Fed rate cut hopes  Reuters Why hotter-than-expected wholesale prices make the Fed’s September rate cut decision harder  Yahoo Finance PPI report shows biggest surge in three years. Here’s what that says about inflation.  CBS News Businesses have been eating Trump’s tariffs. That’s starting to change  CNN Wholesale prices rose 0.9% in July, much more than expected  CNBC …

An Amazon worker on the picket line during a strike over pay at the Amazon.com Inc. fulfilment center in Coventry, U.K., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images Artificial intelligence has emerged as a key tool for companies to drive growth — and reduce labor costs —particularly as pressure mounts for businesses to remain competitive. Companies in …

Asia Stocks Seen Higher as Fed Cut Momentum Builds: Markets Wrap  Bloomberg.com Fed rate-cut drumbeat pegs back dollar; Asian stocks take a breather  Reuters Asia-Pacific markets trade mixed as investors bet on Fed rate cut  CNBC Asian Shares Are Mixed After Days of Gains Driven by Hopes for US Rate Cuts  U.S. News & World Report Kyodo News Digest: Aug. 13, 2025  english.kyodonews.net Source link