Economy - PRESS AI WORLD
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ECONOMY
Columbia University Lays Off 180 Researchers Following Trump's $400 Million Funding Cut

Columbia University announces the layoff of 180 staff due to funding cuts from the Trump administration over handling campus protests.

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ECONOMY
UK and India Forge Landmark Trade Deal Amid Global Trade Challenges

UK and India have finalized a significant trade deal projected to bolster bilateral trade and reduce tariffs, amid Donald Trump's global tariff impacts.

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ECONOMY
Intel Shareholders Approve New CEO Pay and Equity Incentive Plan

Intel shareholders approved a new equity incentive plan and CEO compensation as part of a company restructuring.

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ECONOMY
Asian Currencies Surge Amid Concerns Over Dollar's Future

Asian currencies strengthen against the dollar, signaling a potential shift in investment strategies and concerns regarding U.S. economic policies.

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ECONOMY
Student Loan Collections Resume Amid Record Delinquency Rates

The Department of Education resumes federal student loan collections, impacting millions facing delinquency as financial pressures mount.

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ECONOMY
U.S. Trade Deficit Hits Record High in March Amid Tariff Concerns

The U.S. recorded a record trade deficit of $140.5 billion in March, driven by heightened imports ahead of tariffs.

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ECONOMY
DoorDash Announces Acquisition of Deliveroo for $3.9 Billion

DoorDash's acquisition of Deliveroo worth $3.9 billion aims to expand market share in the competitive meal delivery sector.

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ECONOMY
Defense Secretary Orders 20% Reduction in Military Leadership

Defense Secretary Pete Hegseth announced a 20% cut in military leadership positions to streamline operations.

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ECONOMY
Mattel to Raise U.S. Toy Prices as Tariffs Impact Costs

Mattel plans to raise toy prices in the U.S. to offset increased costs from tariffs, highlighting challenges in the current economic climate.

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ECONOMY
SMBC Approaches Major Stake Acquisition in India's Yes Bank

Sumitomo Mitsui Banking Corp is in advanced discussions to acquire a 51% stake in Yes Bank, potentially marking a historic banking deal in India.

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