Brooklyn Museum Will Lay Off Employees and Scale Back Exhibitions

The museum, which faces a projected $10 million deficit, said it planned to cut more than a tenth of its employees and mount fewer exhibitions.

Topics

U.S. Hiring Slowed in January

Employers added 143,000 jobs last month, signaling a more subdued labor market even as the unemployment rate edged down to 4 percent.
The New York Times - 47m
After DeepSeek Upended the Market, Is It Worth Investing in A.I.?

After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.
The New York Times - 3h
Trump’s Executive Orders Leave Imprint on the Fed

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
The New York Times - 9h
What Privatization of Fannie Mae and Freddie Mac Means

Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.
The New York Times - 2h
Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick

The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
The New York Times - 14h

White House calls mixed jobs numbers 'weak,' blames Biden

President Donald Trump's top economic aide, Kevin Hassett, said, "We're inheriting a very difficult jobs market because of Joe Biden's terrible policies."
CNBC - 4m
Harvard Law’s Innovation Lab Scrambles to Save Government Data

The unit is saving more than 300,000 data sets from Trump’s purges.
Inc. - 10m
Trump Allows Low-Cost Chinese Products to Enter U.S. Without Tariffs, for Now

The president temporarily paused a provision that had imposed tariffs on many packages sent from China beginning this week and that had sowed confusion among retailers and shippers.
The New York Times - 14m
Chappell Roan was one of the 25 million uninsured Americans — here’s why health coverage is still out of reach for some artists

Chappell Roan used her Grammy acceptance speech to call out record labels for not providing better protections for artists struggling to afford health care.
CNBC - 16m
Affirm shares soar 22% on revenue beat, surprise profit during holiday period

The buy now, pay later company topped Wall Street's fiscal second-quarter revenue forecast and posted a surprise profit amid a strong holiday shopping season.
CNBC - 18m