TAG: cuts - PRESS AI WORLD
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According to the term you entered "cuts": 203 news found
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POLITICS
Elon Musk Lowers Budget Cut Target for DOGE Amid Federal Spending Challenges

Elon Musk reduces his federal budget cut target from $2 trillion to $1 trillion, highlighting challenges in government spending and efficiency.

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ECONOMY
Bank of Mexico Considers Larger Interest Rate Cuts Amid Easing Inflation

The Bank of Mexico may implement larger interest rate cuts as inflation eases, according to recent minutes from its monetary policy meeting.

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ECONOMY
Survey reveals 41% of companies plan job reductions due to AI advancements

A new survey indicates that 41% of companies plan to reduce their workforce due to advances in AI technology over the next five years.

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POLITICS
Musk Recognizes $2 Trillion Spending Cut Goal as Ambitious Under Trump’s Leadership

Elon Musk admits the goal of cutting $2 trillion from the federal budget under Trump is challenging, but aims for $1 trillion.

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ECONOMY
Job Cuts Surge in 2024, Hitting 15-Year High Except for Pandemic Year

Job cuts reached a 15-year peak in 2024, with major declines in technology, healthcare, and automotive sectors amid economic uncertainties.

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ECONOMY
UK businesses plan price hikes and job cuts due to tax increase, BoE survey reveals

UK firms anticipate raising prices and cutting jobs following increased social security contributions, as indicated by a recent Bank of England survey.

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ECONOMY
Federal Reserve's Susan Collins Advocates for Cautious Approach to Rate Cuts in 2025

Boston Fed President Susan Collins supports fewer rate cuts in 2025 due to positive employment figures and persistent inflation.

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ECONOMY
Wall Street Faces Potential 200,000 Job Cuts Due to AI Automation

Global banks may reduce up to 200,000 jobs in the coming years as AI increasingly automates tasks traditionally performed by humans.

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POLITICS
L.A. Mayor Karen Bass Faces Backlash Amid Wildfires and Awkward Airport Encounter

L.A. Mayor Karen Bass under scrutiny for fire response after awkward airport moment amidst ongoing wildfires threatening the city.

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ECONOMY
CII President Sanjiv Puri Advocates for Tax Cuts and Increased Government Spending to Boost Demand

Sanjiv Puri from CII proposes tax cuts and increased government spending to enhance consumption and stimulate economic growth amid challenges.

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