Chancellor to axe projects immediately after review of finances
Getty Images Rachel Reeves claims the Tories masked the true state of UK public finances then “ran away”. The chancellor is set to announce immediate cuts worth billions of pounds,…
Chancellor to axe projects immediately after review of finances
Image source, Getty Images Image caption, Rachel Reeves claims the Tories masked the true state of UK public finances then “ran away”. Article information The chancellor is set to announce…
Federal court blocks Biden’s pause on approving gas export projects
A federal court on Monday blocked the Biden administration’s pause on approving new facilities that export liquefied natural gas, dealing another legal blow to the president’s ambitious climate agenda. In…
Nike stock sinks after company projects larger sales decline than expected in 2025
Nike (NKE) stock fell as much as 11% Thursday in after-hours trading after the retailer said it expects revenue to decline more than previously thought in the coming year. The…
U.S. national debt will reach $50 trillion by 2034, CBO projects
As lawmakers grapple with increasing defense demands and spending on social safety net programs, the Congressional Budget Office projected Tuesday that the federal debt will equal 122 percent of the…
Fed holds rates steady at 23-year high, projects just one cut this year
The announcement comes after a Labor Department report showed that inflation slowed more than expected in May, even as prices remained high for millions of Americans. The Federal Reserve on…