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Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 9h -
Department of Education workforce slashed in half
The Department of Education says more than 2,100 civil service workers will lose their jobs. The department says all of its divisions are impacted by the reduction. NBC News’ Kelly O’Donnell ...NBC News - 22h -
Department of Education slashing nearly 50% of workforce; Steel and aluminum tariffs take effect
The Department of Education says half its workers are losing their jobs in a move that Education Secretary Linda McMahon says is meant to ensure "resources are directed where they matter most." CBS ...CBS News - 7h -
Trump to slash workforce at US education department
Halving of staff thought to be precursor to campaign pledge of shutting down the agencyFinancial Times - 19h -
Eye Opener: Trump administration slashes half the Department of Education's workforce
The Trump administration slashes half the Department of Education's workforce, causing uncertainty over the agency's future. Also, the U.S. says it will resume security support for Ukraine after ...CBS News - 7h -
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs
Education secretary Linda McMahon describes layoffs as ‘significant step towards restoring greatness’ – key US politics stories from Tuesday at a glance. The US Department of Education intends ...The Guardian - 17h -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 23h -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 19h -
Department of Education to lay off nearly half its workforce – US politics live
Education secretary Linda McMahon announced hundreds of staff were subject to the ‘reduction in workforce’. Polls have opened in Greenland for early parliamentary elections Tuesday as US President ...The Guardian - 19h -
Department of Education lays off nearly 50% of its workforce
Mass layoffs are impacted 1,315 employees of the Department of Education, sources told ABC News.ABC News - 7h -
US education department to lay off 1,300 people as Trump vows to close agency
Firings announced Tuesday as administration decried as ‘detached from how Americans live’. The US Department of Education intends to lay off nearly half of its workforce. The layoffs of 1,300 ...The Guardian - 18h -
US education department plans to cut half its workforce
The mass layoffs will impact nearly 2,100 people who are set to be placed on leave from 21 March.BBC News - 18h -
Nvidia has teamed up with Utah to improve AI education and workforce training
Nvidia has teamed up with the state of Utah on an AI education initiative to improve workforce training and economic growth.VentureBeat - 2d -
Department of Education lays off nearly half of workforce
The Department of Education announced Tuesday it was firing nearly half of its workforce, the latest Trump administration move to shrink the federal government that could face swift legal ...The Hill - 22h -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - 1d -
Education Department cutting nearly 50% of workforce
The Department of Education said staff affected by the job cuts would be placed on leave starting Friday, March 21.CBS News - 7h -
Is the US really heading into a recession?
Stock market falls, tariffs and other changes are reigniting fear of economic downturn in the US.BBC News - 7h -
The Memo: Trump, amid tariff tangle, sounds serious about bringing Canada into US
President Trump’s tariff policies sparked another day of political and financial-market turmoil Tuesday — along with new recognition that he really may be serious about trying to make Canada part ...The Hill - 10h -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 1d -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - 2h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 3d -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 21h -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 2d -
Justice Department office that prosecutes public corruption slashed in size, sources say
The Trump administration is slashing the size of the Justice Department's unit that oversees prosecutions of public officials accused of corruption, three sources told NBC News.NBC News - 22h -
First steps to dismantle Education Department begin
The Department of Education is cutting its workforce by nearly 50% as the Trump administration proceeds with plans to dismantle the agency. The bulk of the department's responsibilities include ...CBS News - 5h -
NHS England to cut workforce by half as Streeting restructures
The health secretary will shrink NHS England’s workforce to save money and avoid ‘duplication’. NHS England will lose half its staff and a huge swathe of its senior management team as part of a ...The Guardian - 2d -
Wall Street loses hope in a ‘Trump put’ for markets
US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investorsFinancial Times - 1d -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 1d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 1d -
'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 - 59m -
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 - 2d -
Education Department guts its workforce as it looks to wind down agency
Around 3,000 people work in the department's Washington headquarters, and roughly 1,000 are staffed in 10 regional offices across the country.NBC News - 22h -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - 2d -
GOP Rep. Mark Harris says Trump has done 'tremendous job' making case against Education Department
Rep. Mark Harris (R-N.C.) said on Tuesday that President Trump successfully made the case against the Department of Education during his 2024 campaign, leading more Republicans to support the ...The Hill - 17h -
3/11: CBS Evening News Plus
Wall Street reacts to Trump's tariff flip-flopping with Canada; Reporter's Notebook: "Animal spirits" and the stock marketCBS News - 15h -
Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’
Managers’ favourite stocks tumble as market volatility surgesFinancial Times - 6h -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 2d -
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - 2d -
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 - 1d -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 1d