Latest in Cabinet Office to cut 400 jobs in effort to streamline department
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Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - 6d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 6d -
Trump assembling US cabinet of billionaires worth combined $340bn
President-elect tapping mega-rich backers for positions that will give them power to cut spending on public services. Enough billionaires and multimillionaires have been assembled by Donald Trump ...The Guardian - 6d -
More than 400 chemicals in plastic products linked to breast cancer – study
Exposure to these toxic compounds, found in everyday items, could be elevating cancer risk in young women. More than 400 chemicals regularly used in everyday plastic products are linked to breast ...The Guardian - 6d -
Vance to travel to North Carolina to survey hurricane recovery efforts
Vice President-elect JD Vance will travel to North Carolina on Friday to survey hurricane relief efforts, a spokesperson told The Hill. He is scheduled to visit Fairview, N.C., weeks after ...The Hill - 6d -
Memphis Says It Will Not Yet Agree to Federal Oversight of Police Department
The city’s mayor reiterated his reluctance to enter a consent decree after the Justice Department found a pattern of discrimination and excessive force by its officers.The New York Times - 6d -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - 6d -
Vance to tour Helene recovery efforts in North Carolina
Vice President-elect JD Vance is expected to travel Friday to Fairview, North Carolina, to survey Hurricane Helene recovery efforts.NBC News - 6d -
Memphis police ‘regularly violate constitution’, says justice department
‘Exhaustive’ investigation finds discrimination against Black people and conduct that ‘violates people’s civil rights’. The US Department of Justice said Memphis police “regularly violate the ...The Guardian - Dec. 5 -
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Trump’s Cabinet Will Be an Embarrassment of Wretches
The onslaught of awful makes bad look good.The New York Times - Dec. 5 -
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Does Linda McMahon need to be an educator to lead the Department of Education?
President-elect Donald Trump's education secretary nominee, Linda McMahon, is under a microscope for her lack of experience in schools.ABC News - Dec. 5 -
Elon Musk-led effort to cut federal workforce risks stifling labour market
Plus, does Trump spell good news for bankers?Financial Times - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - Dec. 5 -
Trump’s Cabinet choices are disastrous. Why are so many Democrats in Congress quiet?
Trump's Cabinet picks are uniquely dangerous for the country — and many Democrats are acting like everything's normal.NBC News - Dec. 5 -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Trump picks Monica Crowley for senior State Department post
President-elect Trump on Wednesday nominated Monica Crowley, a former Fox News contributor who faced public scrutiny during Trump’s first term over allegations of plagiarism, for a top public ...The Hill - Dec. 4 -
High-profile South Korean cabinet ministers offer to resign
Moves pile pressure on President Yoon Suk Yeol to leave office after failed attempt to impose martial lawFinancial Times - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
What Trump’s Cabinet Picks Say About Climate Change
President-elect Donald Trump’s cabinet would include one person who calls global warming an “existential” threat and some who don’t accept it as a problem at all.The New York Times - Dec. 4 -
Republican senators torn over FBI background checks for Trump Cabinet picks
Republicans senators returned to Washington after Thanksgiving recess to a renewed peppering of questions about President-elect Donald Trump's Cabinet picks.ABC News - Dec. 3 -
Former congressmen preview fight to confirm Trump Cabinet picks
Now that President-elect Donald Trump has named most of his top Cabinet roles, how likely will they get through the confirmation process? Former Republican Rep. Fred Upton of Michigan and former ...CBS News - Dec. 3 -
King hails Qatar's peace efforts - and banquet menu revealed
King Charles praises the mediation efforts of Qatar in the Middle East at a state visit banquet.BBC News - Dec. 3 -
Supreme Court wrestles with Hungary’s effort to end Holocaust survivor lawsuit
The Supreme Court on Tuesday probed the international consequences of allowing a group of Holocaust survivors and their heirs to leverage U.S. courts to seek compensation from Hungary for ...The Hill - Dec. 3 -
Monster Hunter Wilds Doesn't Sacrifice Depth In Streamlining The Experience
Buried under Capcom's Osaka, Japan headquarters is a small foley studio. Dozens--if not hundreds--of shoes are tucked into cubbies outside the door. Inside, the space looks more like an antique ...GameSpot - Dec. 3 -
Trump’s controversial cabinet picks prep for confirmation hearings
President-elect Trump’s controversial cabinet nominees are making the rounds on Capitol Hill to meet with lawmakers as their confirmations near. Meanwhile, Trump has announced that his first trip ...NBC News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Who is new Cabinet Secretary Chris Wormald?
Prime Minister Sir Keir Starmer says his new pick will be able to re-wire the British state.BBC News - Dec. 2