Latest in Employee Fears of an Economic Downturn Rise on Latest Data
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Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - 1d -
Will gold's price keep rising this spring? Here's what experts think.
The price of gold has been climbing, and there's a chance that trend could continue, experts say. Here's why.CBS News - 1d -
Sharp rise in UK young people not in work, education or training
Figures are uncertain but suggest men in particular are struggling to enter slowing labour marketFinancial Times - 1d -
Autodesk says it’s cutting 9% of its workforce, and shares rise
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...MarketWatch - 1d -
UK house prices rise more than expected in February
Average cost of £270,493 is 3.9% higher year on year as buyers try to get ahead of stamp duty changes in AprilFinancial Times - 23h -
Will Men Wear Really, Really, Ridiculously Low-Rise Jeans?
Rear-end revealing denim at Diesel proves there are still some taboos.The New York Times - 19h -
Is Price Gouging Part of Rising Egg Prices? Officials Want to Know
Consumer advocates, Democratic legislators and an FTC official call for an investigation into why the average price for a dozen eggs is now $4.95, squeezing restaurants and household shoppers.Inc. - 16h -
Home price growth has slowed. But high costs, economic worries have some buyers retreating
High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.CNBC - Feb. 20 -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - Feb. 21 -
S&P 500 and Dow slide in worst day of 2025 amid economic worries
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.CBS News - Feb. 21 -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 4d -
10-year Treasury yield ends at nearly 11-week low as economic concerns build
Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.MarketWatch - 3d -
Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the message it sends about the mood among consumers right now.MarketWatch - 18h -
The People’s Union USA’s ‘Economic Blackout’ Organizer Served Jail Time on Sex Charge
John Schwarz, who organized a viral shopping boycott, was previously registered as a sex offender after pleading guilty to “disseminating voyeuristic material.”The New York Times - 15h -
We're buying the dip in an AI data center play still under pressure post-DeepSeek
We see this as an opportunity.CNBC - Feb. 21 -
DOGE’s USDS Purge Included the Guy Who Keeps Veterans’ Data Safe Online
The cybersecurity lead for VA.gov was fired last week. He tells WIRED that the Veterans Affairs digital hub will be more vulnerable without someone in his role.Wired - Feb. 21 -
Do you need to make $100,000 to buy a home? Census data says yes
The median income for new homebuyers has increased sharply since the Covid pandemic and surpassed six figures, according to an NBC News analysis of U.S. Census Bureau data.NBC News - Feb. 22 -
Judge blocks DOE, OPM from disclosing troves of sensitive personal data to DOGE
A federal judge on Monday temporarily barred the Department of Government Efficiency (DOGE) from accessing troves of sensitive personal data from federal agencies. U.S. District Judge Deborah ...The Hill - 4d -
Judge blocks Department of Education, federal personnel office from sharing data with DOGE
A federal judge in Maryland has blocked the Department of Education and Office of Personnel Management from sharing the personal information of plaintiffs in a lawsuit against the Trump ...NBC News - 4d -
Federal judge blocks Musk's DOGE from access to student loan borrowers' personal data
Elon Musk's government-slashing effort, DOGE, is temporarily barred from accessing personal data on 42 million student loan borrowers, a federal judge ruled.CNBC - 4d -
Republican files article of impeachment against judge who ordered agencies to restore scrubbed data
Rep. Andy Ogles (R-Tenn.) on Monday introduced an impeachment resolution against a federal judge who ordered federal health agencies to temporarily restore online datasets scrubbed as part of the ...The Hill - 4d -
21 DOGE staffers resign over refusal to 'jeopardize Americans' sensitive data,' letter says
Twenty-one civil service employees resigned en masse Tuesday from Elon Musk's DOGE, according to a letter posted online and shared with media outlets.NBC News - 3d -
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.CNBC - 3d -
Data shows some California fire victims at risk of falling behind on mortgage payments
New data shows that about one in four borrowers in the area of Los Angeles' Palisades Fire are at risk of falling behind on their mortgage payments. Sarah McGregor, Bloomberg News managing editor ...CBS News - 3d -
Semantic understanding, not just vectors: How Intuit’s data architecture powers agentic AI with measurable ROI
From automation to autonomy: How Intuit's 'done for you' agentic AI architecture drives concrete business outcomes.VentureBeat - 21h -
Not Even DOGE Employees Know Who's Legally Running DOGE
Despite all appearances, the White House insists that Elon Musk is not in charge of DOGE. US DOGE Service employees can’t get a straight answer about who is.Wired - Feb. 18 -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
Thousands of IRS employees expected to be fired by Trump administration this week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the ...CBS News - Feb. 20 -
Request to block mass firing of probationary employees denied by judge
A judge has denied labor unions' request to temporarily block the administration from carrying out mass firing of probationary employees and deferred resignation offers.ABC News - Feb. 21 -
Fired IRS employees slam layoffs as agency makes cuts nationwide
As the IRS fired thousands of workers across the country on Thursday, many laid-off employees walked out of the headquarters in Washington, D.C., for the last time.ABC News - Feb. 21 -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - Feb. 21 -
Hegseth previews Pentagon staffing cuts, targets probationary employees
Defense Secretary Pete Hegseth said the Pentagon is preparing for a hiring freeze and an “aggressive” effort to fire civilian employees as the Trump administration’s axe to the federal workforce ...The Hill - Feb. 21 -
Layoffs hit FAA employees tasked with producing air traffic navigation maps
Terminated probationary employees at the FAA include some who work on the team responsible for producing air traffic navigation maps, sources told ABC News.ABC News - Feb. 21 -
IRS employee says getting fired over performance was an insult
Thousands of Internal Revenue Service employees are out of a job as the Trump administration cuts the size of its workforce. CBS News reporter Kati Weis spoke with one of those employees.CBS News - Feb. 21 -
How Federal Employees Are Fighting Back Against Elon Musk
Some civil servants are using whatever levers they have to resist the orders of the world’s richest man, both in public and behind closed doors.The New York Times - 6d -
Musk sends warning to federal employees over new Trump policy
Elon Musk, special advisor to President Trump, warned federal employees on Saturday of a new policy requiring them to detail their work efforts via email in order to keep their jobs. “Consistent ...The Hill - 6d -
Elon Musk demands federal employees justify their work or resign
Federal employees are on edge after weeks of mass firings and President Donald Trump urging Elon Musk and his DOGE team to “get more aggressive” on government cuts. Musk and his team emailed ...NBC News - 5d -
Patel tells FBI employees to pause any responses to DOGE email
FBI Director Kash Patel told employees to hold off on responding to an email, sent at tech billionaire Elon Musk’s direction, asking federal workers to list their accomplishments during the ...The Hill - 5d -
Trump Appointees Fire 2,000 U.S.A.I.D. Employees and Put Others Worldwide on Leave
The announcement, by email, came two days after a judge said the Trump administration could proceed with plans that amount to dismantling the aid agency.The New York Times - 5d -
Musk demands federal employees list accomplishments or lose job
Elon Musk faces new resistance from inside the Trump administration over an ultimatum he sent to more than 2 million federal workers, asking them to justify their work or resign. Some agencies told ...NBC News - 4d