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Democrats want answers on cost-cutting prescription payment models abandoned by Trump
House Democrats want to know what the Trump administration plans to do after it rescinded a Biden-era executive order to study potential payment models for lowering prescription drug costs, looking ...The Hill - 6h -
Fed pauses interest rate cuts—here’s when borrowing costs might drop in 2025
The Fed is holding off on more rate cuts for now, amid concerns that inflation isn’t slowing quickly enough.CNBC - 1d -
Tesla investors want Elon Musk to answer questions about 'salute,' role in Trump White House
Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side.NBC News - 2d -
Tesla investors want Elon Musk to answer questions about 'salute,' role in Trump White House
Tesla shareholders are asking questions about CEO Elon Musk and his political distractions ahead of fourth-quarter call.CNBC - 2d -
Democrats demand answers on Trump DOJ firings, reassignments
House Democratic leaders are asking Justice Department officials to explain an “onslaught” of firings and reassignments of prosecutors during President Trump’s first week in office. The letter from ...The Hill - 3d -
What are the costs of Trump's immigration crackdown?
President Trump's administration is carrying out nationwide immigration raids conducted by U.S. Immigration and Customs Enforcement. Jeremy Robbins, executive director of the American Immigration ...CBS News - 3d -
Trump Wants to Impose 25% Tariffs on Colombia. Here’s What Could Cost More.
Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.The New York Times - 4d -
Companies May Not Be Able to Abandon DEI Despite Trump Order
Some companies have begun pulling back DEI efforts, but it may open them up to serious legal issues.Inc. - 6d -
Trump cuts Fauci's security detail
President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...The Hill - Jan. 24 -
Landslide election cost £52m in staff turnover payments
Parliamentary standards body says the last election saw an "almost-unprecedented" staff turnover.BBC News - Jan. 23 -
Trump: 'We have to get Democrats' to approve tax cuts
President Trump said Thursday he’s working with Democrats on extending and building off of his 2017 tax cuts — one of the top legislative priorities for Republicans, who are split on many of the ...The Hill - Jan. 23 -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - Jan. 23 -
Simplification, not deregulation, is the EU’s answer to the Trump revolution
Also in this newsletter: The ICC asks why Italy released an alleged war criminalFinancial Times - Jan. 23 -
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.CBS News - Jan. 22 -
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for ...The Hill - Jan. 21 -
Musk Is Likely to Get a West Wing Office for His Cost-Cutting Project
The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.The New York Times - Jan. 20 -
Democrats nonplussed by their prospects want ‘political exorcism’
Democrats are down in the dumps this inauguration weekend, and their hopes are not being lifted when they look at their prospects for winning back the White House in 2028. As President-elect Trump ...The Hill - Jan. 18 -
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
German lender under pressure to cut costs and boost returns after approach from UniCreditFinancial Times - Jan. 18 -
Q&A: FT experts answer readers’ questions on Donald Trump’s return
From Ukraine to cryptocurrencies, these are the issues that matter to readersFinancial Times - Jan. 18 -
Democrats and Republicans partnered to ban TikTok. Now, neither party wants to own it.
Congressional leaders who championed the TikTok bill last year in the U.S. now want to delay the ban on the popular app from going into effect.NBC News - Jan. 18 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments
As tax filing season starts, 1 million taxpayers are already set to receive automatic payments from the IRS.NBC News - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments
The IRS plans to send 1 million Americans stimulus payments of up to $1,400 this month. Here's who qualifies.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - Jan. 15 -
Democrats want to slow Gabbard confirmation path
Senate Democrats want to slow the roll on Tulsi Gabbard, President-elect Trump’s pick to lead the U.S. intelligence community. Democrats are insisting on delaying Gabbard’s confirmation hearing ...The Hill - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
Trump Wants to Buy Greenland, But How Much Would It Actually Cost?
President-elect Donald Trump wants to buy the territory from Denmark, which says it’s not for sale. DealBook asked experts how they’d approach the deal.The New York Times - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
What Trump Wants With Greenland
Interest in the vast, ice-covered island reflects a global scramble for the Arctic.The Wall Street Journal - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - Jan. 7 -
