June 8, 2025
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Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump

Officials at the Federal Reserve on Friday showed little sign of deviating from their message that there is no urgency to lower interest rates, despite a claim by President Trump that there is “no inflation.” A solid economy affords the central bank the flexibility to wait and see what the economic impact of Mr. Trump’s […]

NASA cuts: ESA in talks about the ‘full repercussions’ | World News

NASA cuts: ESA in talks about the ‘full repercussions’ (Photo: AP) The US administration under Republican President Donald Trump has proposed billions in cuts to NASA’s budget, putting at risk major partnerships, and shifting the space agency’s priorities from the moon to Mars.Reacting to these cuts, European Space Agency (ESA) Director General Josef Aschbacher emphasized […]

US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump’s tariffs

File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think there’s […]

Newark airport faces disruption after United Airlines cuts 35 daily flights

Travellers using Newark Liberty International Airport faced significant delays and cancellations on Saturday owing to air traffic controller shortages, an issue the Trump administration has committed to resolve.The New York City-adjacent airport experienced continuous disruptions throughout the week. United Airlines reduced 35 daily flights from its Newark schedule beginning Saturday, citing the Federal Aviation Administration‘s […]

Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banks | World News

NEW YORK: The Campaign Against Hunger was already struggling to feed thousands of families a week when the Trump administration pulled more than $1.3 million in grants. Demand has only increased at the New York nonprofit since the city emerged from the COVID-19 pandemic and the related economic insecurity. In a first for the pantry, […]

Musk’s Tesla gets lift as Trump cuts red tape on self-driving car rules to counter China

The Trump administration is rolling back regulatory hurdles for self-driving cars to give US automakers, includint Tesla, a competitive edge in the global race for vehicle automation. The US department of transportation announced on Thursday that carmakers can now apply for exemptions from certain federal safety rules, provided the self-driving vehicles are used for research, […]

Watch: Hairstylist cuts 11-year-old girl’s braids after late fee dispute; pregnant mother injured in scuffle

A hairstylist at Draft Picks Barbershop in Baton Rouge, Louisiana, was fired after cutting off an 11-year-old girl’s braids when her mother refused to pay a $25 late fee. The incident, which escalated into a physical altercation, left the pregnant mother with a hand injury.According to the family, the mother and daughter arrived for their […]

How rental aid cuts could push over 60,000 Americans out of their homes

Tens of thousands of Americans could soon lose critical rental support under the federal Emergency Housing Vouchers (EHV) programme, with funding expected to run out by the end of 2025 unless Congress intervenes. The U.S. Department of Housing and Urban Development (HUD) has warned in a letter, obtained by the Associated Press, that no additional […]

Canada elections 2025: Mark Carney’s Liberals outline $130 billion spending on defence, housing, tax cuts

Canada PM and Liberal Party leader Mark Carney Canada’s prime minister Mark Carney on Saturday unveiled the Liberal Party’s “platform” (election manifesto) for the federal election scheduled for April 28. Also Read | Canada elections 2025 explained: Who’s running, who can vote, what to watch and why it matters“In a crisis, you need a plan. […]

After funding cuts Harvard University may also lose ability to enroll foreign students

Harvard University may lose the ability to enroll foreign students if it does not comply with the policy changes suggested by the Trump administration, US Department of Homeland Security said on Wednesday.Days after the government stripped the Ivy League university of federal funding and contracts worth over 2 billion, the DHS also terminated grants totaling […]