Examining the potential ripple effects from DOGE cuts

Starbucks is laying off 1,100 workers and cutting drinks from its menu

Starbucks said the layoffs and slimmed down menu will help stores operate more efficiently.

CBS News - 4d

Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...

CBS News - 3d

U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.

The New York Times - 1d

Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts

Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.

NBC News - Feb. 21

Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted

Around 100 were fired from the Substance Abuse and Mental Health Services Administration.

CBS News - Feb. 21

Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.

CNBC - Feb. 21

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

DOGE for Ohio? Vivek Ramaswamy enters governor's race pushing cuts and merit pay

CLEVELAND — Biotech entrepreneur Vivek Ramaswamy, who will declare his candidacy for governor of Ohio on Monday, wants to reshape public schools, cut regulations and slash spending.

NBC News - 5d

How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy

The Trump administration's federal mass job cuts may amount to the largest in history. That has financial ramifications for households and the economy.

CNBC - 5d

How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy

The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local ...

NBC News - 5d

Taser maker Axon brushes off DOGE budget-cut worries as stock rallies

The company is playing up up its prospects for international growth and its cloud-services business

MarketWatch - 2d

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 - 2d

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

Roy Wood Jr. on DOGE cuts: Like watching people 'put together Legos without instructions'

Comedian Roy Wood Jr. likened the Department of Government Efficiency's efforts to cut federal spending to someone building LEGOs without instructions, while Elon Musk defended the team's mistakes ...

The Hill - 12h

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 Elon Musk’s DOGE Team From Education Department’s Student Loan Databases

The American Federation of Teachers, a union representing more than 1.8 million educators, had sued to keep members of Mr. Musk’s government efficiency team out of the Education Department’s systems.

The New York Times - 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

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

DOGE’s ‘What Did You Do Last Week?’ Email Gets Pushback From Trump-Appointed Officials

The weekend demand that federal employees justify their jobs — or lose them by refusing to reply — increased resistance to DOGE among Trump supporters.

Inc. - 4d

After heated town halls, Republicans seek more information — and compassion — from DOGE

Rep. Rich McCormick, R-Ga., said he planned to use a previously scheduled meeting at the White House on Tuesday to "bend" President Trump's ear on the issue.

NBC News - 4d

Will Americans get $5,000 checks from DOGE savings like Trump, Musk claim?

It's not clear if the Trump administration could share savings produced by the Department of Government Efficiency (DOGE) with Americans. Jay Zagorsky, a professor at Boston University's Questrom ...

CBS News - 3d

21 Civil Servants Resign From DOGE, Refusing to Implement Elon Musk’s Changes

The employees had worked for the U.S. Digital Service, a technology-focused unit rebranded by Mr. Musk and empowered by President Trump.

The New York Times - 3d

DOGE Staffers at HUD Are From an AI Real Estate Firm and a Mobile Home Operator

Elon Musk's men at HUD come from the real estate sector. They have access to vast stores of personal and financial data—and control over who can access which HUD systems.

Wired - 2d

At town halls, Republicans feel the heat from Trump and Musk's firing and cutting spree

Republicans members of Congress who held town halls back home this week got an earful from constituents upset about Donald Trump and Elon Musk's firing spree.

NBC News - Feb. 21

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

Third of emissions cuts must come from consumers, says UK climate watchdog

Government advisers call for an overhaul of domestic heating systems and suggest airfares could rise

Financial Times - 3d

Musk’s cost-cutting drive quietly deletes billions in claimed savings from website

‘Wall of receipts’ drops five largest savings claimed by ‘department of government efficiency’ after debunking. US politics live – latest updates When Elon Musk ’s cost-cutting drive, the ...

The Guardian - 2d

State Dept. says some life-saving efforts spared from massive USAID cuts

The State Department said it would keep funding life-saving treatments for diseases like HIV, malaria and tuberculosis while ending over 90% of its contracts.

CBS News - 1d

"Weathering" and its effect on poor health and life expectancy

Arline Geronimus' research shows how societal pressures like institutional racism, classism, financial stressors or the environmental can impact not just the length of life, but also the quality of ...

CBS News - 5d

Historic visual effects studio Technicolor collapses in UK

The company's UK entity has filed for administration, with 'the majority' of its UK staff made redundant.

BBC News - 4d

7 Habits of Today’s Most Highly Effective Leaders

Every leader should adopt these seven habits to go from good to great.

Inc. - 1d

3 Strategies for Self-Discovery That Drive Effective Leadership

Effective leadership demands self-discovery. Here are three strategies that help leaders reconnect with their inner compass while inspiring others.

Inc. - 1d

China tariffs set to take effect in March

Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - 1d

Trump endorses Donalds in potential bid for Florida governor

President Donald Trump on Thursday endorsed Rep. Byron Donalds (R-Fla.) for Sunshine State governor in the case that the House Republican makes a bid for the role. "Byron Donalds would be a truly ...

The Hill - Feb. 21

Trump directs investigation preceding potential copper tariffs

President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...

The Hill - 3d