The Trump administration halts federal child care funding, demanding extra verification from all states. Minnesota faces intense focus amid fraud claims, sparking legal and political backlash. Read the full story.
Duke University implements major cost-cutting, including staff buyouts and building closures, to counter $299 million in reduced US federal funding for higher education. Learn how this impacts operations.
The Trump administration halts $185 million in childcare funding to Minnesota, citing alleged fraud. Governor Walz calls it political. Get the full story on the investigation and fallout.
US HHS halts all childcare payments to Minnesota after fraud allegations. New 'Defend the Spend' system requires receipts nationwide. Read details and impact.
A US federal judge blocked the Trump administration's attempt to cut funding for the Consumer Financial Protection Bureau. Senator Elizabeth Warren praised the ruling. Read the details.
The US commits billions to UN humanitarian aid, marking a stark reversal from the Trump administration's funding slashes. Discover the global impact.
Elon Musk accuses Bill Gates of pushing 'lies' about USAID cuts leading to deaths. The feud reignites over foreign aid, HIV grants, and billionaire responsibility. Read the full story.
The US pledges $2 billion for UN humanitarian aid, a sharp drop from past funding. The Trump administration demands consolidation, warning agencies to adapt or face closure. Explore the global impact.
Residents of Kansal and Nayagaon face up to 8 hours of daily power cuts. PSPCL helplines go unanswered, disrupting lives of students, elderly, and businesses. Details inside.
Federal research funding cuts under Trump disrupted US universities. Pittsburgh lost $24M & 104 jobs. Academic freedom and critical health disparity studies are under threat. Explore the impact.
The Bloomberg Dollar Index fell 0.8% this week, its worst since June. Traders await key US jobs and inflation data in January to gauge the Federal Reserve's next interest rate moves. Read more.
Silver breaches $77, gold surpasses $4,549 as Fed rate cut hopes & geopolitical tensions fuel historic rally. All precious metals post strong weekly gains. Read analysis.
Los Angeles Unified School District announces major budget cuts and school consolidations due to declining enrollment and end of pandemic funds. Details on the $1.6 billion deficit plan inside.
Gold surged 1% to $4,541/oz and silver jumped over 4% to $74.90/oz as investors sought safety. US stocks traded mixed in thin volumes post-Christmas. Get full market insights.
Nifty Metal index delivers over 24% returns in 2025, trailing only PSU Bank. Hindustan Copper leads with 55.6% surge. Analysts debate if the rally driven by Fed rate cuts and China demand can last. Read for expert views and technical outlook.
The S&P 500 surged to a record intraday high of 6,921 points in a shortened Christmas Eve session. Investors are betting on Fed rate cuts in 2025 after mixed economic data. Read the full analysis.
US 30-year fixed mortgage rate falls slightly to 6.18%, offering limited relief. Housing market sees more listings but affordability is a key hurdle for first-time buyers. Details here.
Emerging market currencies and stocks rose 0.4% each, reaching levels last seen in late October, buoyed by a softer dollar and local policy cues amid thin holiday trading. Key moves seen in South Korea, Israel, Turkey, China, and Vietnam.
The 2026 US federal holiday calendar is out! Discover the 11 official holidays, find out which ones create long weekends, and start planning your travel and time off. Get all key dates here.
The Trump administration suspends $5.5 million in annual funding to Minnesota, alleging fraud in COVID-era loans. This escalates federal clashes with Democratic-led states. Read the full story.
Asian equity markets traded higher, led by tech shares, while gold and silver surged to fresh records. The rally was fueled by expectations of US interest rate cuts and easing AI concerns. Get the full market analysis.
The Trump administration appeals a court order restoring $2.7 billion in federal research funds to Harvard. The legal clash over alleged retaliation and free speech heads to the US Court of Appeals. Read the latest.
The Trump administration appeals a court ruling that found it illegally withheld $2B in research funds from Harvard. The case highlights a clash over university autonomy and federal power. Read the full story.
Gold prices fell for a second day on December 19, pressured by a rising US dollar. However, the metal is set for a weekly gain on Fed rate cut bets. Silver staged a sharp recovery. Read the full analysis and outlook.
The Trump administration appeals a court order to restore $2.7 billion in frozen research funds to Harvard University. Explore the legal battle's implications for university autonomy and federal oversight in India.
European shares traded flat on Friday, with tech and consumer stocks falling while banks gained. The STOXX 600 index dipped 0.1% but is set for a strong weekly finish. Read the full analysis.
President Trump signs an executive order giving US federal employees a four-day Christmas break, a move that contrasts his past criticism of public holidays. Read the details and implications.
Indian tech startups raised $10.5B in 2025, a 17% YoY decline. However, IPO exits surged 17% and acquisitions rose, signaling a maturing, resilient ecosystem. Read the full analysis.
India's tech startup funding declined to $10.5 billion in 2025, down 17% YoY. Early-stage deals rose 7%, while seed and late-stage fell sharply. Discover key trends and sector insights.
Federal funding for over 70 community schools providing food, healthcare, and counselling has been abruptly cancelled. Learn about the impact and the political divide over these essential programmes.