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Articles for tag: cut, divided, Fed, rate, supports

November 4, 2025

News Desk

Divided US Fed supports rate cut for Q2 2025

A view of the facade as construction continues on the Federal Reserve Board Building during the Federal Open Market Committee meeting on interest rate policy at the Federal Reserve in Washington, DC, U.S., September 17, 2025. — Reuters The U.S. Federal Reserve on Wednesday announced its second straight quarterly interest rate cut to bolster a buoyant labor market, in a move that highlighted growing divisions within its ranks. Policymakers voted 10-2 to cut the bank’s key lending rate to between 3.75 percent and 4 percent, the Fed said in a statement. Opposing the action were Fed Governor Stephen Miran, who

November 3, 2025

News Desk

The government needs to cut wages and corporate taxes

KARACHI: It’s that time of the year again when millions of salaried Pakistanis are busy filing their tax returns. Alongside this annual ritual, an important debate has emerged on social media – how much of Pakistan’s total tax revenue actually comes from wage earners? The debate, while emotional, should be seen as a healthy sign of public awareness. But more than just comparing levies, it should help policymakers think about whether our tax system is fair, just and progressive. Wages in Pakistan remain among the lowest in the world, and even in regional comparison, our labor remains extremely cheap. This

October 23, 2025

News Desk

Punjab seed supply cut threatens wheat crisis

Seed Association warns of severe shortages as Punjab authorities block inter-provincial movement of wheat seeds LAHORE: Punjab’s seed companies meet about 90% of Pakistan’s total seed requirements, yet wrong policies are pushing the agricultural sector towards disaster, the Seeds Association of Pakistan (SAP) warned at a press conference held at the Lahore Chamber of Commerce and Industry (LCCI) on Tuesday. According to the club, if immediate remedial measures are not taken, the ongoing crisis will worsen. LCCI President Faheemur Rehman Saigol assured the Seeds Association of the chamber’s full support and urged the government to act without delay to address

October 19, 2025

News Desk

Trump urged Zelensky to cut a deal with Putin or risk facing disaster, FT reports

US President Donald Trump welcomes Ukrainian President Volodymyr Zelenskiy at the White House in Washington, DC, US, October 17, 2025. US President Donald Trump urged Ukrainian President Volodymyr Zelensky to accept Russia’s terms for ending the war between Russia and Ukraine at a White House meeting on Friday, warning that President Vladimir Putin has threatened to “destroy” Ukraine if he does not comply, the Financial Times reported on Sunday. During the meeting, Trump insisted that Zelensky hand over the entire eastern Donbas region to Russia, repeatedly repeating talking points the Russian president had made in their call a day earlier,

May 14, 2025

News Desk

Buzz cut and no chill

On Monday, Pakistani actress Naeema Butt shared an Instagram story with a famous photo taking her head shaved. The gesture, according to position, was a tribute "The people who died in Pakistan." The original post, shared by an Indian troll reading: "Naeema Butt sacrificing her long hair to support the people who died in Pakistan. PS – can do that for real." The miming showed an edge with tears in her eyes, holding a piece of her cut hair, while a man used clippers to shave the rest. The picture was particularly gloomy as the actor’s long, elegant hair has

May 12, 2025

News Desk

Govt suggests up to 10% tax cut for salaried class

A bank employee counts Pakistani rupees in a bank in Peshawar on August 22 2023. – Reuters The proposal depends on the approval of the IMF. Pakistan-Imf Parlyes to run from May 14th to 22nd. FBR reports proposals under discussion of a wage class. ISLAMABAD: The government shared some securities of the proposed tax measures with the IMF for the upcoming budget for 2025-26, including a reduction in tax burden of up to 10% in different income plates. The proposed reduction in tax rates, if agreed by the IMF at different entrances to the order of employees, may bring relief

Apple shares decrease by 5% in the market cut, Trump invoices hit

Listen to the article Apple Inc. They declined by 5% on Friday after the company announced a reduced stock market program and warned the cost of $ 900 million from US-China invoices this quarter. The move comes as Managing Director Tim Cook has revealed that Apple accelerates the supply chain from China, with most iPhones associated with the US now assembled in India. Authorization of the power of the technological giant decreased to $ 100 billion, from $ 110 billion last year – a rare decoupling that upset investors used for consistent or increasing levels of repurchase. Analysts said that

Trump suggests cut budget $ 163B, training and housing

Listen to the article US President Donald Trump’s administration on Friday proposed a reduction of $ 163 billion in the federal budget, which would strongly reduce spending in areas, including education and housing next year, while increasing the costs of defense and security. The administration said the proposed budget would increase the costs of paternal security by almost 65% from 2025 that has established levels. Expenditure that is not a defense-a slice of budget that excludes huge social security and Medicare programs, as well as the increasing cost of interest payments to the nation’s debt-will reduce by 23% to the

SUE TRUMP TRUMP Synders over 400 million $ columbia funding cut

Listen to the article Teachers ‘unions have filed a lawsuit against Trump’s administration on its decision to reduce $ 400 million in funding for Columbia University, accusing the White House of breaching Eleftherios’ protection and targeting academic freedom. The lawsuit, filed by the American Federation of Teachers (AFT) and the US Association of University Professors (AAUP), argues that cuts are retaliation, coming from pre-Palestinian protests at Columbia University earlier. President Donald Trump and senior officials have criticized the university to provide success for Israel’s military response to Gaza. The protests, which included campus professions, caused similar moves across the country.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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