President Trump said Tuesday he’s supportive of “major spending cuts” after a meeting with Speaker Mike Johnson (R-La.) and House Republicans who have expressed skepticism about a budget ...

This second consecutive rate cut aims to control inflation, encourage borrowing, and manage liquidity amid global economic uncertainties. Consequently, loan EMIs could decrease, while fixed ...

The Department of Government Efficiency (DOGE) announced $51 million in cuts from the U.S. African Development Foundation, which included hundreds of thousands of dollars for marketing shea butter ...

More women could die in pregnancy and childbirth due to “unprecedented” aid cuts that threaten to undo two decades of progress in maternal healthcare, the World Health Organization (WHO ...

University of Minnesota researchers, scientists and other supporters protest against President Trump’s scientific research funding cuts. (Michael Siluk/UCG/Universal Images Group via Getty Images) ...

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The Institute of Museum and Library Services (IMLS), which provides grants to libraries and museums nationwide, has been effectively shuttered and its staff placed on administrative leave.

U.S.A.I.D. Advertisement The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.

Harvard University is imposing a temporary freeze on hiring faculty. Columbia University is grappling with cuts to $400 million in federal funding. California Institute of Technology is leaving ...

It has been difficult, though, to figure out exactly how many jobs have been, or will be, cut. For a department that loves to post its receipts (inaccurate as they can be), there is no single ...

Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Officer Ted Pick. The cuts will take place across the firm ...

The tobacco center’s entire management and regulation divisions were cut, as were the majority of staff at the Office of Smoking and Health at the Centers for Disease Control and Prevention.