Jobless claims recede from 3-month high, but unemployment filings jump for federal workers
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Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - Feb. 27 -
Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits hit their highest level of the year last week.CNBC - 6d -
Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - Feb. 27 -
Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - Feb. 27 -
Case surge from fired federal workers jams federal board
A CBS News review of records of the U.S. Merit Systems Protection Board shows it has experienced a surge in new cases amid the torrent of layoffs by the Trump administration.CBS News - Feb. 25 -
Number of Americans filing for jobless benefits falls as labor market remains sturdy
Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employeesABC News - 3h -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
Breaking down Trump, Musk's claims that some federal workers are dead or don't exist
Amid widespread federal layoffs, another questionable claim has emerged from the Trump administration that there were dead workers on the payroll. CBS News Confirmed executive editor Rhona Tarrant ...CBS News - 6d -
Federal workers demand help from Congress after firings, Musk's ultimatum
Federal workers are struggling to figure out what is happening with their jobs after Elon Musk's ultimatum to document their work or resign. Some are showing up at town halls nationwide, demanding ...CBS News - Feb. 25 -
#AltGov: the secret network of federal workers resisting Doge from the inside
Government employees fight the Trump administration’s chaos by organizing and publishing information on Bluesky. After seeing Elon Musk ’s X post on Saturday afternoon about an email that would ...The Guardian - Feb. 26 -
Jobless claims may have just fired the clearest recession warning yet — here’s why investors should be worried
Layoffs by Elon Musk and his “DOGE,” along with signs of a slowing economy, spark questions about a potential serious stumble for the economy.MarketWatch - Feb. 27 -
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings
Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...The Guardian - Feb. 20 -
US judge temporarily blocks White House from ordering mass firing of federal workers
Ruling deals blow to efforts by Donald Trump and Elon Musk to shrink government workforceFinancial Times - 6d -
Federal workers block Musk’s ‘Doge’ from shutting down Africa development agency
US African Development Foundation staff barred entry to ‘efficiency’ agency, defying Trump’s shutdown order. Members of Elon Musk ’s so-called “department of government efficiency” (Doge) unit ...The Guardian - 1h -
Antivirus software company ordered to pay customer $16.5M: How to file a claim
Millions of American consumers who bought antivirus software from Avast may be eligible to receive a portion of a $16.5 million settlement, the Federal Trade Commission (FTC) announced Monday.The Hill - Feb. 25 -
Inside Trump’s federal worker firings
President Trump’s widespread firings of federal employees has reached every level of government, but critics say his selection of whom to axe is hardly arbitrary. In just a few weeks on the job, ...The Hill - 3d -
What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.The New York Times - Feb. 27 -
900-pound dolphin jumps from water, lands on fishermen's boat
Three fishermen saw a shadow across the bright summer sun and heard an almighty boom — before chaos unfolded.CBS News - 1d -
Under Trump, D.C. Faces More Federal Control, Fewer Federal Workers
The Washington region is bracing for a shock to the local economy from President Trump and Elon Musk’s sweeping cuts to the government work force.The New York Times - Feb. 21 -
Trump defends Musk’s ‘genius’ email to federal workers
President Trump on Monday defended tech billionaire Elon Musk after pushback over his email demanding federal workers list five accomplishments from the past week and in doing so, raising the of ...The Hill - Feb. 24 -
Deadline looms for federal workers over Musk’s demand
President Trump praised Elon Musk’s demand for federal workers to outline in an email what they accomplished last week – or face dismissal. But there is also confusion after the Trump ...NBC News - Feb. 25 -
Thune urges Musk to treat federal workers 'respectfully'
Senate Majority Leader John Thune (R-S.D.) on Tuesday urged Elon Musk and his team at the Department of Government Efficiency (DOGE) to treat federal workers respectfully as they look to cut ...The Hill - Feb. 25 -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - Feb. 26 -
Local leaders working to help fired federal workers
Widespread layoffs across federal agencies left thousands without jobs. Now, some local leaders are stepping in to try to help. CBS News correspondent Natalie Brand has more.CBS News - Feb. 26 -
Trump and DOGE Escalate Layoffs of Federal Workers
Federal officials circulated a memo asking agency leaders to plan even more job reductions after thousands of federal workers were fired in recent weeks.The New York Times - Feb. 27 -
Governors to fired federal workers: We're hiring
A growing number of governors, mostly Democrats, have begun to recruit federal workers impacted by DOGE's efforts for public and private sector jobs in their statesNBC News - 6d -
Democrats bringing fired federal workers to Trump speech
Congressional Democrats are lining up to bring fired federal workers to President Trump’s high-profile speech before Congress on Tuesday night. The Democrats have hammered Trump for the blitz of ...The Hill - 3d -
Understanding DOGE's mass firings of federal workers
Several former federal workers fired as a result of the Trump administration's widespread DOGE cuts are expected to attend the president's congressional address Tuesday night at the invitation of ...CBS News - 2d -
401(k) millionaires jump 27% as workers keep saving through bumpy markets
Millionaires aren’t made overnight. These have been investing for an average of 26 years.MarketWatch - Feb. 27 -
Knicks claiming forward Anton Watson from Celtics
The Knicks claimed rookie Anton Watson from the Celtics on Tuesday, filling their final two-way roster spot.Yahoo Sports - 1d -
Miami CB Allen files to switch from U.S. to Greece
Inter Miami CF defender Noah Allen could soon be representing the Greek national team after filing a FIFA one-time switch to change his association from the United States to Greece on the ...ESPN - 2d -
German unemployment steady at 6.4% in February
Yahoo News - 6d -
Fired federal workers see their dreams shattered and an uncertain future
As the Trump administration hacks away at government agencies, many employees who were cut are left fearing for their future and in the dark about their next steps.ABC News - Feb. 20 -
Trump administration can continue mass firings of federal workers, judge rules
US judge rejects bid by group of labor unions to halt president’s government overhaul through Musk-led ‘Doge’. The Trump administration can for now continue its mass firings of federal employees, ...The Guardian - Feb. 20 -
Federal workers took the 'buyout.' Some got fired anyway
Federal workers caught up in the mass firings despite taking the "deferred resignation program" have received conflicting information.ABC News - Feb. 21 -
Trump, DOGE mass job cuts: Federal workers’ money questions answered
The Trump administration is terminating federal workers across agencies. Here’s what to know about your rights and finances if you were impacted by the cuts.CNBC - Feb. 21 -
DOGE Cuts Hit Federal Workers Who Aren’t Funded by Taxpayers
Fees paid to agencies like the Food and Drug Administration and the FDIC fund part of their workforces, so cutting those jobs doesn’t save any tax money.Inc. - Feb. 21 -
Elon Musk demands federal workers explain their jobs or be sacked
Billionaire steps up efforts to cull government employees with emailed deadlineFinancial Times - Feb. 22 -
Elon Musk Tells Federal Workers to Detail Work in an Email or Lose Their Jobs
Elon Musk has drawn inspiration from his 2022 takeover of Twitter with the tactic. His threat on social media of termination did not appear in an email to federal workers requesting the work ...The New York Times - Feb. 23
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Shares of Starlink’s European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
Eutelstat Communications CEO says ‘months, not years,’ are needed to get as many satellites into Ukraine as Elon Musk’s Starlink has had there.MarketWatch - 15m -
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Americans elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 1h -
ECB delivers another rate cut, but economists see little room for more easing
The European Central Bank cut interest rates by a quarter-point Thursday, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge ...MarketWatch - 1h
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Trump Suspends Tariffs on Mexico for a Month
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.The New York Times - 14m -
Shares of Starlink’s European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
Eutelstat Communications CEO says ‘months, not years,’ are needed to get as many satellites into Ukraine as Elon Musk’s Starlink has had there.MarketWatch - 15m -
Mortgage rates are falling. Here’s how much a typical homeowner can save if they refinance.
How much can the average homeowner saving by refinancing? It depends on where they are starting from.MarketWatch - 23m -
Global bonds sell off as investors react to Trump's tariffs and a German 'paradigm shift'
Government borrowing costs rose across the globe on Thursday, although German bond yields came off highs.CNBC - 26m -
Why 10-year Treasury note, dollar are getting hit by Germany’s spending plans
Germany is about to enter what its next chancellor, Friedrich Merz, calls a historic “whatever it takes” moment of significant fiscal expansion to ramp up military spending and boost its economy, ...MarketWatch - 32m