How the US economy lost its aura of invincibility
Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has faded
Read more at Financial Times
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Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - 4d -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - 4d -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 4d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 4d -
DOGE Has Deployed Its GSAi Custom Chatbot for 1,500 Federal Workers
Elon Musk’s DOGE team is automating tasks as it continues its purge of the federal workforce.Wired - Mar. 7 -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 18h -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 6d -
Democrats unveil bill to reinstate veterans fired in Trump workforce cuts
Democrats are proposing a measure to reinstate veterans who were recently fired from the federal government without cause, which has affected an estimated 6,000 veterans who make up about 30 ...The Hill - 6d -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 2d
More from Financial Times
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Investors seek to profit from Russia as Trump pursues rapprochement
Hedge funds and brokers eye the country’s corporate bonds and the roubleFinancial Times - 9h -
Trump plans Tuesday talks with Putin on Russia-Ukraine war
US president says ‘a lot of work’ has been done over weekend towards ceasefire dealFinancial Times - 1h -
Trump plans Tuesday talks with Putin on Russia-Ukraine war
US president says ‘a lot of work’ has been done over weekend towards ceasefire dealFinancial Times - 1h -
How Jack Ma’s pivot to AI rehabilitated Alibaba
The Chinese tech giant is establishing a lead in a fiercely competitive sector, and its billionaire founder is back in favourFinancial Times - 4h -
The Democrats must make a choice
If they want to fight Trump, they have to know what they stand forFinancial Times - 4h
More in Business
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The market’s at a fork in the road, says RBC as it becomes third firm to cut S&P 500 forecasts.
Three is a trend, as RBC Capital Markets joined Goldman Sachs and Yardeni Research in slashing S&P 500 price targets.MarketWatch - 14m -
The market’s at a fork in the road, says RBC as it becomes third firm to cut S&P 500 forecasts.
Three is a trend, as RBC Capital Markets joined Goldman Sachs and Yardeni Research in slashing S&P 500 price targets.MarketWatch - 14m -
‘They hate our generation’: My son and daughter-in-law want us to sell our house — and move to Oregon to start a commune
“They have spent thousands of dollars taking month-long earthship-building classes.”MarketWatch - 18m -
Rosie O’Donnell has moved to Ireland in wake of Trump’s election: ‘Best for myself and my 12-year-old child’
Rosie O’Donnell has revealed that she has moved away from the U.S. and won’t return until it is once again “safe for all citizens.”MarketWatch - 31m -
NFL’s DK Metcalf is off to Pittsburgh: All about his $6.3 million property portfolio in L.A. and Mississippi
Wide receiver DK Metcalf hails from Oxford, Miss. He’s now ready to say goodbye to Washington and head to Pennsylvania.MarketWatch - 33m