Latest in Hegseth touts $580M in Pentagon cuts
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Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - Mar. 18 -
Source: Bills' Milano reworks deal, takes pay cut
Bills linebacker Matt Milano took a pay cut of over $3 million, which can be made back with incentives, and also will now be able to become a free agent in 2026 after restructuring his contract.ESPN - 6d -
Trump's cuts to Voice of America may be welcomed by China's government
The recent move by U.S. President Donald Trump to make cuts at Voice of America and other U.S. government-run media may be welcome news for China’s ruling Communist PartyABC News - 6d -
Agent Orange cleanup, efforts critical to ties with Vietnam jeopardized by USAID cuts
A multi-year cleanup at a former U.S. air base in Vietnam was abruptly halted when the Trump administration cut funding, leaving tons of dioxin-contaminated soil exposedABC News - 6d -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 5d -
Hawaii observatory to be evicted amid federal cuts as volcano shoots 700ft lava
Hilo office, with scientists and their volcano-monitoring equipment, may have lease cancelled from Doge cuts. As Hawaii’s most active volcano shot out fountains of lava on Thursday, some of them ...The Guardian - 4d -
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent and not simply extended. In response to an inquiry from House ...The Hill - 3d -
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...The Hill - 3d -
Starmer is warned against ‘appeasing’ Trump with tax cut for US tech firms
Labour MP and Lib Dem leader express concern social media companies could be let off hook just as benefits are cut. Keir Starmer has been warned against “appeasing” Donald Trump as he considers ...The Guardian - 1d -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 1d -
The Chaos of NIH Cuts Has Left Early-Career Scientists Scrambling
As graduate programs lose spots and labs face shutdowns following Trump administration cuts to science funding, the path to a science career for students and researchers just got a whole lot harder.Wired - 23h -
Trump Cabinet secretaries detail agency cuts in wake of Musk tensions
President Trump held a Cabinet meeting Monday with billionaire adviser Elon Musk in attendance, where agency leaders emphasized efforts being made to cut programs they deemed wasteful or ...The Hill - 16h -
Shell plans more cuts to costs and spending but hands CEO bigger bonus
Increase in pay package comes despite fall in profits and as oil company watered down pledge to cut emissions. Business live – latest updates The oil company Shell has revealed plans to ramp ...The Guardian - 1h -
Novo Nordisk cuts Wegovy prices, following similar move by Zepbound-maker Eli Lilly
Makers of the popular obesity treatments Wegovy and Zepbound are cutting prices for people without insuranceABC News - Mar. 5 -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
Medicaid cuts would decimate Native American programs, tribal health leaders say
As Congress mulls significant cuts to Medicaid, Native American tribes are bracing for potentially devastating financial fallout.CBS News - Mar. 14 -
Viktor Hovland & Ludvig Aberg missed Players Championship cut: What other stars are out?
Which top golfers missed the cut after Friday's second round of The Players Championship in Ponte Vedra Beach?Yahoo Sports - Mar. 14 -
Why HELOC borrowers shouldn't wait for more Fed rate cuts to borrow their home equity
If you're a homeowner considering borrowing with a HELOC, waiting for Fed rate cuts may not make sense. Here's why.CBS News - 6d -
Rune Aero uses Nvidia GPUs to cut virtual wind tunnel costs by 80%
Rune Aero is using Nvidia GPUs to cut virtual wind tunnel costs by 80%, bringing down costs of developing airplanes.VentureBeat - 6d -
Skate cut protection gets an emotional hockey dad endorsement at the NHL GMs meeting
Cut-resistant protection is mandated in the U.S. and Canada at youth levels and up through the minors is available but not required at the NHL level.Yahoo Sports - 6d -
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.CNBC - 4d -
U.S. to continue strikes on Houthis
Defense Secretary Pete Hegseth said the U.S. will continue strikes on Iran-backed Houthi rebels in Yemen. Willie James Inman reports.CBS News - Mar. 16 -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - Mar. 14 -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
Israel to cut off electricity in Gaza in apparent effort to force hand of Hamas
Humanitarian officials say move could hit already meagre water supply, as ceasefire talks grow increasingly chaotic. Israel is to cut off any remaining electricity supplies to Gaza in an apparent ...The Guardian - Mar. 9 -
Former USAID employees on cuts: 'We are going to put lives in jeopardy'
Two former employees of the U.S. Agency for International Development (USAID), who were fired last month, told CNN the 83 percent spending cuts Secretary of State Marco Rubio announced Monday would ...The Hill - Mar. 10 -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - Mar. 10 -
Oz dodges questions about Medicaid cuts in confirmation hearing
Dr. Mehmet Oz, President Trump’s pick to lead the Centers for Medicare and Medicaid Services (CMS), dodged questions from Democrats on Friday about whether he supported potential cuts to Medicaid. ...The Hill - Mar. 14 -
If Medicaid cuts include work requirements, people may lose health coverage as a result, research finds
Congress may have to implement Medicaid cuts to reach its budget targets. That could include new work requirements in order to obtain coverage.CNBC - Mar. 9 -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - Mar. 10 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
Watch: Florida 7-foot-9 freshman Olivier Rioux doesn't need ladder to cut down net
Olivier Rioux, Florida's 7-foot-9 freshman, did not require a ladder to cut down the net following the Gators' SEC tournament championship.Yahoo Sports - Mar. 16 -
U.S. launches strikes on Yemen as Houthis attack shipping vessels
The U.S. over the weekend launched strikes in Yemen, which the Pentagon says will continue until Houthi rebels stop shipping attacks. Charlie D'Agata has the latest.CBS News - Mar. 17 -
'All means all': Judge rebukes past discrimination in blocking trans military ban
U.S. District Judge Ana Reyes blocked the Trump administration from enacting the policy and offered a scathing rebuke of the Pentagon's development of the policy.ABC News - 5d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - Mar. 13 -
Trump vows to find, apprehend and deport student 'terrorist sympathizers'
President Trump on Monday said the arrest of a Columbia University student who led pro-Palestinian protests would be the first “of many to come.” Trump on Truth Social touted the arrest by ...The Hill - Mar. 10 -
Trump responds to market meltdown
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story White House touts record after Trump demurs on recession The Trump administration ...The Hill - Mar. 10 -
Trump’s ‘drill, baby, drill’ agenda could keep the world hooked on oil and gas
The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal. Donald Trump ’s repeated mantra of “ drill, baby, drill ” demands that more oil and ...The Guardian - Mar. 12 -
GOP lawmaker booed for DOGE defense at Wyoming town hall
Rep. Harriet Hageman (R-Wyo.) was loudly booed at a Wyoming town hall for defending the Department of Government Efficiency’s (DOGE) work, standing behind the advisory board's work while touting ...The Hill - 4d