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FEDERAL GOVERNMENT SHRINK
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...16 Jun, 2026, 09.47 AM IST- India raises price cap on cancer drugs to tackle shortageIndia's drug price regulator has increased the ceiling prices of cancer drugs cisplatin and carboplatin by 50% to tackle shortages caused b...12 Jun, 2026, 11.02 AM IST
- Oracle awarded US contract to provide government-wide HR softwareOracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scot...11 Jun, 2026, 08.06 AM IST
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...04 Jun, 2026, 10.20 AM IST
- Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...28 May, 2026, 09.12 PM IST
- The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...19 May, 2026, 09.37 PM IST
- US Stock Market: Fed veterans urge Warsh to prioritise crisis tools over balance sheet cutsFormer Federal Reserve officials advised incoming Fed Chair Kevin Warsh to focus on clear principles for deploying the central bank's balan...19 May, 2026, 01.12 PM IST
- New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikesKevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces ...18 May, 2026, 03.53 PM IST
- US Stock Market: Bond market pressure clouds Kevin Warsh’s plans to shrink Fed balance sheetIncoming Fed Chair Kevin Warsh’s push to shrink the Federal Reserve’s balance sheet faces mounting challenges as rising Treasury yields, in...18 May, 2026, 11.28 AM IST
- Most married couples are leaving Social Security money on the table — here's how to claim it allSocial Security benefits for married couples are becoming one of America’s biggest retirement conversations in 2026. The average dual-incom...14 May, 2026, 12.00 AM IST
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...12 May, 2026, 09.33 PM IST
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...08 May, 2026, 09.33 PM IST
- Fiscally disciplined states to get priority access to ₹3,000 crore SASCI incentive poolStates that manage their finances prudently will receive priority for a ₹3,000 cr incentive fund. The Centre's new scheme rewards states fo...08 May, 2026, 06.43 AM IST
- Ohio primary election results: Sherrod Brown's victory boosts Democrats' bid to reclaim US Senate ahead of midterm electionsUS Primary election results: Ohio has trended steadily Republican over the past decade, making Brown's comeback bid - after a 2024 loss - ...06 May, 2026, 06.06 AM IST
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...01 May, 2026, 09.50 PM IST
- What is May Day: Why millions of workers are hitting the streets today — The truth you should knowMay Day protests: This year’s protests are being driven by a combination of economic pressure and geopolitical tensions, particularly the o...01 May, 2026, 06.36 PM IST
- G-Sec 10-year yield tops 7% as oil soarsMumbai's 10-year benchmark government bond yield surpassed 7% to close at 7.01% on Thursday, driven by rising crude oil prices and hawkish ...01 May, 2026, 06.01 AM IST
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