Washington Post announces sweeping layoffs scaling back news coverage

Two Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.

“Here in Asia, and especially South East Asia, we’re particularly busy right now. Our market share is growing. We’re delivering more airplanes into the region… we’re very busy in Vietnam. In Singapore, Indonesia, Malaysia, Australia, New Zealand,” Scott Neal of Gulfstream said.

The chancellor should be “bold” in next month’s Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government’s finances, and will “almost certainly” have to raise taxes….

A GP says patients are presenting with mental health problems because of stress they feel over their levels of personal debt. According to Citizens Advice, north-east England has the second highest number of people who require professional assistance with debt problems – only London is higher. Debt charity StepChange said in 2024 the highest concentration…

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Paramount Skydance’s $108bn bid to gatecrash Netflix’s deal for Warner Bros Discovery has cleared a key US antitrust hurdle, in a signal of support from the Trump administration. The media group, whose bid…

What to watch for during Trump’s State of the Union address BBC Washington correspondent Daniel Bush on who may skip the speech, why the president is fuming at the Supreme Court, and what policies could, or couldn’t, be in for a shake‑up. 7 hrs ago