NY Declares Emergency to Fund Food Banks as Federal Aid Lapses
New York Governor Kathy Hochul takes emergency measures to fund struggling food banks as federal SNAP benefits set to expire, threatening food security for millions.
Category : Search result: federal aid cuts
Powell's Hawkish Stance Boosts Dollar, Curbs Rate Cut Bets
Federal Reserve Chair Jerome Powell's cautious comments on inflation have significantly reduced expectations for December rate cuts, strengthening the US dollar and impacting global markets.
Wall Street Tumbles After Fed's Hawkish Rate Stance
US Federal Reserve Chair Jerome Powell's cautious rate-cut comments trigger major selloff on Wall Street. Discover how key indices reacted and what it means for global markets.
Amazon, UPS, Intel Slash Jobs in October Tech Layoffs
Major technology and logistics companies including Amazon, UPS, and Intel announced significant workforce reductions in October, signaling continued turbulence in the tech sector despite economic recovery.
ICJ Orders Israel to Allow UN Aid into Gaza
The International Court of Justice issues urgent measures demanding Israel permit UN humanitarian aid flow into Gaza, while UN's own operational challenges during the conflict come under scrutiny.
Indian Stocks Surge on Fed Rate Cut Hopes, FII Inflows
Indian equity benchmarks Sensex and Nifty staged a strong recovery in early trade, buoyed by renewed hopes of US Federal Reserve rate cuts and fresh foreign capital inflows. Discover what's driving the market rally.
Amazon India May Cut 1,000 Jobs in Global Restructuring
Amazon's massive global layoffs hit India operations, potentially affecting 1,000 employees across multiple departments including AWS and HR. Get exclusive details on which teams face the biggest impact.
Sensex, Nifty Flat Ahead of Fed Meeting; Asian Markets Rally
Indian stock markets opened cautiously flat as investors await Federal Reserve meeting outcomes, while broader Asian markets surge on renewed rate cut optimism. Key sectors show mixed performance.
Fed Holds Rates Steady Amid Shutdown Concerns
Federal Reserve maintains interest rates at 22-year high as Jerome Powell navigates inflation battle while government shutdown looms. Key insights on when rate cuts might begin.
MAGA Influencer Faces Backlash Over Food Aid Remarks
Conservative influencer Lauren Boebert sparks nationwide outrage after insensitive comments about food assistance programs as millions of Americans face hunger crisis.
Tech Giants Axe 80,000+ Jobs in AI-Driven Restructuring
Silicon Valley's biggest players are executing massive layoffs as artificial intelligence reshapes workforce needs. Discover how Amazon, Microsoft, Google, Meta, Intel, TCS and IBM are cutting over 80,000 positions in historic tech restructuring.
Top 5 Contenders to Replace Fed's Jerome Powell
As Jerome Powell's term nears its end, speculation intensifies about his potential successor. Scott Bessent reveals five frontrunners for the most powerful economic role in America.
WCK Serves Meals to US Federal Workers During Shutdown
As the US government shutdown leaves workers unpaid, Chef José Andrés' World Central Kitchen serves compassion and hot meals in Washington DC, offering a lifeline to furloughed families.
UAE approves Dh92.4 billion federal budget for 2026
The UAE Cabinet has approved a massive Dh92.4 billion federal budget for 2026, with significant allocations for social development, infrastructure, and government affairs. Discover how this budget shapes the nation's future.
Sensex Soars 567 Points on Global Rally, Trade Deal Hopes
Indian markets surged dramatically as the Sensex jumped 567 points, riding a global stock rally fueled by optimism over US-China trade negotiations and potential Federal Reserve rate cuts.
Indian Stocks Rally on US Fed Rate Cut Optimism
Indian equity benchmarks surged in early trading, mirroring global market optimism as investors anticipate potential interest rate cuts by the US Federal Reserve. Sensex and Nifty gained significantly amid positive global cues.
41 Million Americans Face Food Aid Cuts in Govt Shutdown
Millions of low-income American families risk losing critical nutritional assistance as political impasse triggers government shutdown, with USDA refusing to tap emergency reserves.
US Stocks Rally as Inflation Cools, Fed Rate Cuts Expected
US stock markets surged as cooler-than-expected inflation data fueled expectations of Federal Reserve interest rate cuts. Dow Jones, S&P 500, and Nasdaq all opened higher in early trading.
Telangana gives ₹5L ex-gratia for Andhra bus fire victims
In a compassionate move, the Telangana government announces financial aid of ₹5 lakh each for families of victims in the tragic Andhra Pradesh bus fire incident, extending support across state borders.
Trump cancels federal deployment to San Francisco
Former President Donald Trump cancels planned federal law enforcement deployment to San Francisco following Mayor London Breed's direct appeal. The dramatic reversal comes amid ongoing tensions between federal and local authorities.
US Government Shutdown Becomes 2nd Longest in History
The ongoing US government shutdown has now become the second longest in the nation's history, surpassing 21 days and creating widespread disruption across federal services and agencies.
US Shutdown Puts Food Aid for Millions at Risk
Critical nutrition assistance programs including SNAP and WIC face immediate threat as US government shutdown looms, putting millions of vulnerable Americans at risk of food insecurity.
Court Backs Trump's Portland Troop Deployment
In a significant legal victory, a federal appellate court has upheld former President Trump's authority to deploy federal forces in Portland, Oregon. US Attorney General Merrick Garland praises the decision that addresses 2020 protest responses.
Fed to Cut Rates Twice in 2025: Reuters Poll
The US Federal Reserve is expected to cut interest rates twice in 2025, with the first reduction likely in December 2024, according to a Reuters poll. Discover what this means for global markets and the Indian economy.
Gaza Food Crisis: Aid Far Below Targets Says WFP
World Food Programme reveals humanitarian aid to Gaza remains critically insufficient despite international efforts, with food deliveries falling significantly below required levels.
US Court Allows Trump's Troop Deployment to Portland
A federal appeals court reverses decision, allowing Trump administration to deploy federal officers to Portland protests. Constitutional rights clash with government authority in ongoing legal drama.
Israel Halts Gaza Aid After Ceasefire Violations
In a dramatic escalation, Israel suspends all humanitarian aid to Gaza following accusations of Hamas violating truce terms. Get the complete breakdown of the unfolding crisis.
UAE sends 7200-tonne aid ship to Gaza
The United Arab Emirates dispatches a major humanitarian vessel carrying 7200 tonnes of essential aid to Gaza, marking a significant escalation in relief efforts amid ongoing crisis.
Delhi Diwali Markets Busy But Sales Growth Modest
Ahead of Diwali, Delhi's markets are vibrant with shoppers, but traders report that recent GST reductions haven't translated into the significant sales spike many had hoped for, as cautious spending continues.
US Education Dept Layoffs Threaten Student Programmes
Massive staff reductions at the US Department of Education threaten critical student support programmes. Discover which initiatives are on the chopping block and how Indian students could be affected.
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