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The Federal Reserve plans to lay off about 10% of its staff.

17/05/2025

On the 16th local time, a memo sent by Jerome Powell, the chairman of the Federal Reserve, to employees showed that the Fed plans to cut approximately 10% of its staff in the coming years. This measure aims to align with President Trump's overall policy of streamlining the federal government.

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9 m ago

Yu Dayu signed a memorandum of cooperation with Almaty District Government of Kazakhstan on water conservation.

11 m ago

For six consecutive years, nearly 300 million people globally have been facing serious food insecurity issues.

17 m ago

There is stability and speed, a series of leading indicators show the strong and dynamic development of our country's economy.

17 m ago

US President Donald Trump does not believe former FBI director James Comey's explanation that he did not know the slang meaning of the number "86" in relation to violence. Trump stated, "He knows what this means. Kids know what this means. You're the FBI director and you don't know what this means? It means murder." It was reported that Trump fired then-FBI director James Comey during his first term. Trump, while evaluating Comey, pointed out that he was "not very competent but had enough ability to know what this means."

22 m ago

Nissan Motor Co. (NSANY.US) plans to close factories in Japan and Mexico.

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