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FEDERAL SPENDING REDUCTION
What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...- India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
- US Stock Market: Hawkish Fed voices grow louder amid energy-driven inflation surgeA growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This c...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
- 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 ...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
- US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome PowellKevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are ...
- Hundreds of residents are getting surprise $500 deposits — here's how the program worksEvanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...
- Air India terminates flights to multiple destinations as fuel price bitesAir India is cutting international flights for three months starting June. Soaring jet fuel prices are forcing the airline to suspend servi...
- 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...
- India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- US Stock Market: Wall Street rally faces crucial test this week as big tech earnings and Fed decision loomIndian markets are watching US stocks closely. A strong rally faces key tests this week. Major companies report earnings, especially tech g...
- Kevin Warsh at Fed may not deliver big policy shift, no quick rate cutsPresident Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation ...
- Are mortgage interest rates and FHA loan rates finally dropping or staying high? Mortgage rates in the USA hit 6.1% on April 23, 2026— what homebuyers need to know nowMortgage and refinance interest rates today, April 23, 2026, hold steady near 6.10% for 30-year fixed loans. Mortgage interest rates are ea...
- Social Security update: The reason April stimulus payments may be less than usual for AmericansSocial Security payments April 2026 look higher but feel smaller for millions. Over 75 million Americans depend on these monthly benefits. ...
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