Latest in Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
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Trump says Zeldin plans to cut up to 65 percent of EPA staff
President Trump said Wednesday that Environmental Protection Agency (EPA) Administrator Lee Zeldin has floated cutting the agency’s workforce by up to 65 percent. Speaking at the inaugural Cabinet ...The Hill - 1d -
Trump says House budget plan will not cut Medicaid benefits
President Trump said the budget plan he endorsed and that passed in the House will not lead to cuts to Medicaid benefits. CBS News' Caitlin Huey-Burns has more.CBS News - 1d -
Trump Says E.P.A. Layoffs Will Cut Staff by 65 Percent
The president said Lee Zeldin, the E.P.A. administrator, was planning mass layoffs. Several hours later, White House officials said the president was referring to budget cuts.The New York Times - 1d -
Mulvaney says Trump, Musk 'itching for a fight' with courts on federal worker cuts
NewsNation contributor and former White House chief of staff Mick Mulvaney said President Trump and Elon Musk are itching for a fight with the courts over their cuts to the federal workforce. ...The Hill - 1d -
Deeper government cuts may include 65% reduction at EPA, Trump says
Surrounded by his cabinet, President Trump warned far deeper cuts are coming than the ones imposed so far, including potentially a 65% budget cut at the Environmental Protection Agency, which ...CBS News - 1d -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 1d -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 17h -
Trump touts DOGE cuts at CPAC as he tells Elon Musk to 'get more aggressive'
Trump is scheduled to deliver remarks today at the Conservative Political Action Conference. He's spoken at the conference every year since 2016.NBC News - 6d -
Evening Report —Trump, Musk defend DOGE as federal workforce braces for more cuts
{beacon} Evening Report TRUMP FIRST 100 DAYS © Andrew Harnik, Getty Images Trump, Musk defend DOGE as federal workforce braces for more cuts PRESIDENT TRUMP AND ELON MUSK united to defend the work ...The Hill - 1d -
Trump’s latest DOGE order aims to cut costs through federal contracts, travel
President Trump on Wednesday signed an executive order directing agency leaders to work with staff from the Department of Government Efficiency (DOGE) to cut costs through contracts, employee ...The Hill - 1d -
Elon Musk's DOGE, federal cuts and Ukraine discussed at President Trump's first Cabinet meeting
On Wednesday, Elon Musk joined President Trump's first Cabinet meeting of his second administration. Meanwhile, the president also announced that he will host Ukrainian President Volodymyr ...CBS News - 1d -
Trump says workers who don't reply to OPM email will eventually lose jobs
President Trump on Tuesday said workers who do not respond to an email from the Office of Personnel Management prompted by Elon Musk's Department of Government Efficiency will eventually be fired. ...CBS News - 2d -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - 4d -
Amorim: Job cuts result of poor performance
Ruben Amorim has admitted that the Manchester United staff who are set to lose their jobs in the latest round of cut-backs are paying the price for the team's lack of success on the pitch.ESPN - 2d -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - 1d -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - 1d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 21h -
Pride Toronto loses corporate funding as Trump’s DEI purge has chilling effect
Canadian event loses three sponsors who also do business in the US to avoid being seen as supporting LGBTQ+ rights. Pride Toronto , one of the largest celebrations of LGTBQ+ people in North ...The Guardian - 20h -
Trump, Musk float idea of $5,000 'DOGE dividend' checks. Here's what experts say
As the Department of Government Efficiency looks to make massive spending cuts, there's talk of sending some of the money back to Americans.CNBC - 22h -
Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.CNBC - 3m -
The Postal Service’s History Amid Trump’s Threats to Change It
Trump has mused about privatizing the postal service.Inc. - 5d -
Pritzker: Trump actions 'threat to our democracy'
Illinois Gov. JB Pritzker (D) on Wednesday called President Trump’s efforts to reshape and shrink the federal government a “threat to our democracy.” “The things that I'm speaking out about now, ...The Hill - 1d -
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 - 2d -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - 1d -
'Hard choices are necessary' - Man Utd to cut up to 200 more jobs
After 250 members of staff were made redundant last year, Manchester United announce up to 200 more redundancies to "return the club to profitability".BBC News - 4d -
Starbucks asks office workers to stay at home as it announces 1,100 job cuts
Corporate lay-offs are the first for coffee shop chain since 2018Financial Times - 3d -
The Callisto Protocol Dev Cuts More Jobs In Gaming's Latest Layoffs
Striking Distance Studios, the Krafton-owned game studio that made 2022's The Callisto Protocol and 2024's Redacted , has undergone a new round of layoffs. This follows on from a previous round ...GameSpot - 3d -
Federal workers urge congressional lawmakers to reverse job cuts
The newly-formed Fork Off Coalition, composed of recently laid off government employees, represents an alphabet soup of agencies with various levels of tenure.CBS News - 2d -
Social Security Administration announces ‘massive’ reorganization, ‘significant’ job cuts
The Social Security Administration announced a “massive” reorganization and “significant” job cuts on Thursday that critics said could increase customer-service wait times and make it more ...MarketWatch - 16h -
Sen. Booker says ‘we are seeing real crises’ across U.S. from Trump and Musk cuts: Full interview
Democratic Sen. Cory Booker (N.J.) says Americans are feeling the “pain” of federal cuts from the Trump administration’s Department of Government Efficiency headed by billionaire Elon Musk.NBC News - 5d -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - 4d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 3d -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - 2d