Latest in Federal job cuts disrupt a stable retirement picture for many workers, including Black Americans
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Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - Feb. 25 -
L.A. County has cut homelessness, but wildfires threaten to erase gains
As Los Angeles looks to recover from historic wildfires, previously unsheltered and chronically homeless people are facing even greater instability.CBS News - 6d -
Taiwan catches Chinese-owned ship in act of cutting subsea cable
Confrontation comes after Taipei launched crackdown on Beijing’s ‘shadow fleet’Financial Times - 6d -
Potential cuts at AI Safety Institute stoke concerns in tech industry
Potential cuts to the U.S. AI Safety Institute (AISI) are causing alarm among some in the technology space who fear the development of responsible artificial intelligence (AI) could be at risk as ...The Hill - 6d -
Disease outbreaks and starvation set to grow after USAID cuts
Millions of people around the world are today feeling the repercussions of President Donald Trump’s decision to freeze international aid for 90 days and shut down the U.S.NBC News - 6d -
Kevin O’Leary: DOGE should cut 20 percent more
“Shark Tank” investor Kevin O’Leary defended tech billionaire Elon Musk on Monday evening, saying he thinks the Department of Government Efficiency (DOGE) should make even more cuts to government ...The Hill - 6d -
Jon Stewart cuts hand during fiery monologue on DOGE, prescription drugs
Jon Stewart railed against sweeping cuts by the Department of Government Efficiency (DOGE) — and suffered one of his own in the process — during an impassioned monologue on "The Daily Show." ...The Hill - 6d -
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 - 6d -
Jon Stewart takes on DOGE and makes some 'cuts' of his own
Jon Stewart may have gotten himself more than just a wee bit too worked up while hosting “The Daily Show” on Monday.NBC News - 6d -
N.S.F. Cuts Raise Fears of a Reduced U.S. Presence in Polar Regions
The National Science Foundation has fired workers at the office that manages polar research, raising fears about a reduced U.S. presence in two strategic regions.The New York Times - 6d -
71 percent of Trump voters oppose Medicaid cuts: Poll
Most President Trump voters say they oppose any cuts to Medicaid as Republican lawmakers wrestle with how to reach up to $2 trillion in budget cuts through their reconciliation bill, a poll ...The Hill - 6d -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - 6d -
DOGE Cuts Pause Development of Meal Bars for First Responders
Ryan Dowdy’s small-business grant is frozen until further notice.Inc. - 6d -
Jeffries says Johnson's budget plan could lead to big Medicaid cuts
House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.CBS News - 6d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 6d -
Palantir’s Alex Karp Says He’s Fine With Pentagon Budget Cuts
Nevermind that Palantir’s stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.Inc. - 6d -
The Next Phase of Trump’s Large-Scale Work Force Cuts Is Underway
Workers at a handful of agencies have begun receiving notifications that they are part of the “reduction in force” directed by the president, after a wave of firings that targeted probationary ...The New York Times - 6d -
DOGE cuts could hamper U.S. response to next pandemic
Around 700 people have been laid off from the Centers for Disease Control and Prevention in recent weeks due to cuts from the Trump administration. Some public health experts are expressing ...CBS News - 6d -
U.S. aid cuts will "deepen the suffering" in Sudan, front-line doctor says
A doctor battling to save lives amid Sudan's "forgotten war" tells CBS News he can't understand Mr. Trump's aid freeze, but Sudanese people will suffer for it.CBS News - 6d -
Cuts at the U.S. Forest Service could lead to unintended consequences
U.S. national forests are maintained by an army of Forest Service workers, but recent cuts could have the forests looking very different this summer.CBS News - 6d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 6d -
Starmer’s cuts are a huge mistake – foreign aid is an investment, not an expense | Halima Begum
At the height of the cold war, the west advanced its soft power through aid and development spending. If we cut that now, who will fill the vacuum?. Halima Begum is the chief executive of Oxfam ...The Guardian - 5d -
Police rescue a Chinese student whose finger was cut off by kidnappers
Philippine police say they safely recovered a Chinese student who was kidnapped by a gang that killed his driver and cut off the student’s finger in a bid to force his parents to pay a huge ransomABC News - 5d -
US climate research agency braces for ‘efficiency’ cuts: ‘They will gut the work’
Workers at National Oceanic and Atmospheric Administration fear crackdown will have global fallout. The Trump administration has set its sights on the National Oceanic and Atmospheric ...The Guardian - 5d -
What Can House Republicans Cut Instead of Medicaid? Not Much.
The math of the G.O.P.’s goals makes the move almost unavoidable.The New York Times - 5d -
Wonder Woman game axed as Warner Bros cuts three studios
Warner Bros Games joins a growing list of companies making cuts in the gaming industry.BBC News - 5d -
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 - 5d -
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 - 5d -
Could Forest Service cuts lead to more bear encounters?
Cuts of U.S. Forest Service staff members who work around America's national parks could impact visitors in different ways, even increasing the potential for harm. CBS News' Ian Lee explains.CBS News - 5d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 5d -
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 - 5d -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 5d -
Johnson says deal to avert shutdown will probably be 'clean,' without DOGE cuts
Speaker Mike Johnson (R-La.) said on Wednesday that a stopgap to avert a government shutdown next month is “becoming inevitable” and that it will probably be as “clean” as possible, as both sides ...The Hill - 5d -
GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.The New York Times - 4d -
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 - 4d -
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Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.MarketWatch - 4d -
How would Medicaid cuts impact seniors in nursing homes?
The safety net is already precarious, so any shifts could break the systemMarketWatch - 4d -
White House says EPA will cut 65 percent of spending, not staff
Shortly after President Trump said Environmental Protection Agency (EPA) Administrator Lee Zeldin plans to cut 65 percent of the agency’s staff, the White House clarified and said Trump was ...The Hill - 4d -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - 4d
