Latest in D.C. housing market shows signs of cracks amid mass federal layoffs
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D.C. housing market shows signs of cracks amid mass federal layoffs
The supply of homes for sale across the nation always rises ahead of the busy spring market, but the Washington, D.C., metropolitan area is seeing an outsized increase, according to Realtor.com.NBC News - 2d -
DC housing market shows signs of cracks amid mass federal layoffs
The number of active listings in the D.C. metro area is sharply higher compared with last year.CNBC - 3d -
FAFSA site sees outage after Education Department mass layoff
The studentaid.gov website was down for hours Wednesday after the Education Department laid off half its workforce. Downdetector saw hundreds of users report the outage of the Free Application ...The Hill - 3d -
Mobile gaming market shows tentative signs of growth again | Adjust
Adjust’s latest report shows that the mobile gaming market has new growth opportunities following the recovery of 2024.VentureBeat - 2d -
Most AAPI adults oppose eliminating federal agencies: Survey
A majority of Asian Americans and Pacific Islanders (AAPI) and Native Hawaiians disapprove of eliminating federal agencies and mass layoffs of federal workers, according to a poll. Nearly 60 ...The Hill - 4d -
How federal lands can be used to ease the housing crisis
President Trump's pledge to open up federal land for housing construction could alleviate the housing market's top financial worry, which is inflation, by making homeownership more affordable.The Hill - 6d -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - 5d -
Education secretary: Mass layoffs first step toward total shutdown
Education Secretary Linda McMahon affirmed late Tuesday that mass layoffs are the first step toward shuttering the Education Department — a long-time goal of President Trump's since his time on the ...The Hill - 4d -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - 5d -
Second federal judge orders White House to rehire fired probationary workers
The order from U.S. District Judge James Bredar came in a lawsuit filed by 19 states and the District of Columbia against multiple federal agencies alleging the mass firings are illegal.CBS News - 3d -
Trump says McMahon made decisions on mass layoffs at Education Department
President Trump on Wednesday said Education Secretary Linda McMahon was behind the mass layoffs at the agency, not mentioning tech billionaire Elon Musk while defending the overhaul. “When we cut— ...The Hill - 4d -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - Mar. 8 -
'Upsetting': Civil servants across the US part of Department of Education's layoffs
The Department of Education's mass layoffs on Tuesday affected some 1,315 employees -- including civil servants around the country.ABC News - 4d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 5d -
Trump to speak on "law and order" at Justice Department as purge continues
President Trump is expected to deliver remarks Friday at the Department of Justice focused on "law and order." The visit comes amid mass layoffs and demotions at the department. David Weigel, ...CBS News - 3d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 6d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 5d -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 6d -
Second judge blocks mass firings of probationary federal workers
A second federal judge has blocked the Trump administration from firing federal workers, issuing an order Thursday that probationary employees be reinstated weeks after their dismissal. The ruling, ...The Hill - 2d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 6d -
NOAA braces for mass layoffs, fueling concerns about lifesaving weather services
NOAA is preparing to lay off more than 1,000 workers as part of the Trump administration's mandate for agencies to prepare "reductions in force," according to sources.ABC News - 4d -
"Dismantling" independent oversight in D.C.
In its purge of federal employees, the Trump administration has fired independent inspectors general, heads of government watchdog agencies, and everyday civil servants. Here's why so many ...CBS News - Mar. 10 -
Job openings see gains in January in a sign of labor market stability
The Job Openings and Labor Turnover Survey showed that postings rose to 7.74 million on the month, up 232,000 from December.CNBC - 5d -
NTSB calls for immediate changes at D.C. airport after deadly midair collision
Federal regulators say there's a "serious safety issue" in the airspace around Reagan National Airport in Washington, D.C. An investigation into the midair collision of a military helicopter and a ...CBS News - 5d -
One in 15 Americans has witnessed a mass shooting – study
Report finds that 7% of Americans have been present at the scene of a mass shooting and 2% have been injured in one. One in 15 Americans has witnessed a mass shooting, a new study shows, revealing ...The Guardian - Mar. 8 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 6d -
US stock market closes up amid signs government may avert shutdown
The gains erase some losses suffered during an escalating trade war.ABC News - 2d -
3 warning signs about the future of government oversight
Taken together, these three elements will show the American public whether the Trump administration is serious about federal oversight.The Hill - 5d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 5d -
Here's where Trump's approval rating stands on key issues
President Trump's approval ratings are showing signs of weakening nearly two months into his second term. While his efforts to crack down on immigration seem largely well-received, Trump’s ...The Hill - 1d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 6d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 5d -
Trump admin live updates: White House asks court to stay deportation flights TRO
Despite a federal judge ordering deportation flights of Venezuelans to cease, video shows more deportees arriving in El Salvador.ABC News - 12h -
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - Mar. 8 -
Why student-loan borrowers ‘are going to feel the brunt’ of the Education Department layoffs
The cuts come during what was already set to be a period of mass upheaval for the student-loan system.MarketWatch - 4d -
Senate passes bill that seeks to keep D.C. government's use of local tax dollars intact
The government funding bill that's headed to the White House limits Washington, D.C.’s ability to fully use its local tax dollars. The Senate-passed measure aims to fix that.NBC News - 2d -
Republican congressman faces extended boos and jeers at rowdy town hall
Rep. Chuck Edwards, R-N.C., faced a rowdy crowd at a town hall with constituents, the latest such event to go viral on social media as Republicans face backlash over President Donald Trump's mass ...NBC News - 2d -
Treasury Secretary Scott Bessent says he's 'not at all' worried amid stock market sell-off
Treasury Secretary Scott Bessent said he was "not at all" worried about the stock market, which has dipped multiple times amid Trump's tariff threats.NBC News - 19h -
Mass prison escapes stoke panic in DRC after rebel advance
People warn of growing lawlessness amid concerns that thousands of escaped convicts may try to exact revenge. Mass prison escapes during the chaos of fighting in the eastern Democratic Republic of ...The Guardian - Mar. 10 -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 1d