Heathrow flights restarting after power cut and travel chaos | Heathrow airport
Saturday morning, flights began landing at Heathrow, with the aim of returning to normal operation after closing down the power loss. The Transport Department said the Ministry of Transport should temporarily lift overnight flight restrictions and passengers should come to Heathrow on Saturday as usual. British Airways, which has a big presence in Heathrow, said […]
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it agreed to a list of requests from the Trump administration. After the administration cut off funding for what it called not protecting students from anti-Semitism, the federal government outlined the steps that universities must take to begin debate about getting their money back. Columbia agreed to all of them, even […]
Trump doubles down on Fed rate cut pressure
President Trump has argued that the central bank could cut down on the Federal Reserve and doubled the rates down, as the costs of eggs, groceries and gas are falling. “Egg prices have fallen much from Biden-inspired prices just a few weeks ago. 'groceries' and gasoline are also falling. The president said The true society […]
FX option expiries for 21 March 10am New York cut – ForexLive
As highlighted in the day, there are quite a few to pay attention to. Bold. The first one is for EUR/USD between current spot prices at 1.0800 and 1.0850. This should help to further pin the price action in the previous session after seeing the seller grab the short-term control. Overall risk sentiment will remain […]
Hegseth signs memo to cut over $580M in ‘wasteful spending’ at DoD
US Secretary of Defense Pete Hegses said the unnecessary spending was over. “We've returned with another simple update on our efforts to reduce wasteful spending and quickly reduce it at the Department of Defense,” Heggs announced in a post on X. “Today, I am signing a memo directing the termination of a DOD contract of […]
Trump Says Fed Should Cut Rates as Tariff Hikes Approach
President Donald Trump is escalating high-stakes clashes between the White House and the central bank as he calls for a Federal Reserve cut and his administration prepares to unleash a new wave. “The Fed will have a much better cut rate as US tariffs begin the road to the economy (easiness!),” Trump declared Wednesday night […]
Trump presses Fed’s Jerome Powell to cut interest rates
Federal Reserve Chair Jerome Powell explains how policymakers work to determine whether tariffs are already contributing to sustained inflation. The Federal Reserve did not change interest rates at its March meeting shortly after it learned that President Trump prefers a different strategy. “As Ustariffs begin their economic transition (easy!), the Fed will have much better […]
Trump presses Federal Reserve to cut rates
President Trump once again pressed the Federal Reserve to cut the interbank lending rate as the administration's fundamental tariffs are set to resume next month. “The Fed would prefer a better cut rate as US tariffs begin to begin (easy!) into the economy. Do the right thing,” Trump said. I wrote it on a Wednesday […]
Treasury to cut IRS taxpayer advocate staff
The Trump administration intends to cut down on the offices of National Taxpayer Advocates (NTAs). The third time announced staffing cuts at the Internal Revenue Service, which is amid a broader initiative to significantly reduce the federal workforce. In response to a hill's question about NTA's reductions to the workforce, he reported to Congress about […]
Intel’s new CEO Lip-Bu Tan wants to revamp chipmaking, cut jobs: report
Intel's next CEO will revamp the chip-making operations of the tech giants that fought and cut down on jobs to compete better with industry rivals, according to the report. Lip-Bu Tan, a former Intel board member who took over on Tuesday, will focus on streamlining Intel's manufacturing processes and firing more AI chips for clients […]