Category : Search result: federal funding cuts


Court Rejects Trump Admin's Move to Defund CFPB

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.

US pledges $2B for UN aid, demands major reforms

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.

Nifty Metal up 24% in 2025, but analysts see correction ahead

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.

US Mortgage Rate Dips to 6.18%, Market Stays Tight

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.

EM currencies climb to near two-month high

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.

US Withholds $5.5M from Minnesota Over Fraud Claims

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.

US Appeals Harvard Funding Freeze Ruling

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 Falls on Dollar Strength, Silver Recovers Sharply

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.

US Appeals Harvard $2.7B Funding Ruling

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 Muted, STOXX 600 Down 0.1%

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.

India's startup funding falls 17% in 2025: Tracxn

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.

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