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Many UN organisations, including the World Health Organisation and the International Organisation for Migration, have slashed spending this year because some donors have cut back foreign...
An estimated 5.2 million passengers have been affected by staffing-related delays or cancellations since the government shutdown began on 1 October.
Leading European stock indexes opened lower on Monday following a major rally on Friday across the US markets. UK trading remained closed for a bank holiday.
Wall Street reached new records, but the euphoria ran out as a disappointing US jobs report was released, fuelling expectations that the Federal Reserve will cut...
The US House approved Trump's plan to cut $9 billion (€7.7bn) in public broadcasting and foreign aid, now awaiting his signature. The bill passed 216-213.
Now, Trump’s big budget bill might require particularly painful cuts in the South.
In addition to reductions at agency personnel, federal regulators are demanding $2.9 billion in contract cancellations, The Times has learned.
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point...
Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major...
Israel says it is cutting off its electricity supply to Gaza. It comes after it cut all supplies of goods to the crisis-ravaged Palestinian territory last...
