Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

Carmaker Porsche AG plans to cut an additional 1,900 jobs across the entire company over the next four years after a ...

Elon Musk's Department of Government Efficiency wants to cut government spending, but it's also prompting lawsuits and ...

The University of Kansas Student Senate is considering a proposal that would cut 80% of funding to the school’s newspaper, The University Daily Kansan. The paper says its current budget is $3.64 per ...

The Department of Government Efficiency’s embed into the federal government has raised a host of concerns, transforming a ...

BP will cut bonuses for its senior leaders to 45% of target after the company missed some key financial goals in 2024, three ...

News of the cuts rattled the scientific community with many scientific institutions set to lose millions of dollars in ...

PHOENIX — A former Vice President at Morgan Stanley and Merrill Lynch is warning against a Trump plan to potentially eliminate the Consumer Financial Protection Bureau.

Russell Vought, director of the Office of Management and Budget and the acting director of CFPB, ordered the federal watchdog ...

Nissan has detailed the depths of its financial hardship, which is set to lead to at least three factories closing down.

"The president does not have unilateral authority to shut down an expenditure, or instrumentalities funded by Congress, ...

Meanwhile, the company's third-quarter results have demonstrated its ability to outperform financial targets, despite the impending changes in ownership and management. In other recent news ...