Latest in Israel cut off food and supplies to Gaza. Aid groups scrambling. What's happening
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The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.
The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.MarketWatch - 2d -
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 - Feb. 24 -
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 - Feb. 25 -
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 - Feb. 26 -
Trump cuts off talk of Canada annex alongside UK’s Starmer: ‘That’s enough’
President Trump on Thursday cut off talk during a press conference with United Kingdom Prime Minister Keir Starmer about his desire to make Canada “the 51st state,” with Starmer insisting there is ...The Hill - 6d -
Protests over veterans laid off as part of Trump’s cuts to federal bureaucracy
In Michigan, veterans protested the dismissal of probationary workers at the Department of Veterans Affairs. The Trump administration said the downsizing is part of the president’s campaign promise ...NBC News - 5d -
BP to abandon pledge to cut oil and gas output as chief fights for group’s survival
Auchincloss must convince activist investor Elliott Management he can turn around troubled oil majorFinancial Times - Feb. 25 -
Investors worried about Trump can cut their risk by buying this ‘forgotten’ group of stocks
You can diversify away from the S&P 500 to reduce risk, based on stocks’ prices to expected earnings and on expected earnings growth rates — at the same time.MarketWatch - 1d -
Dana White, TKO Group partner with Turki Alalshikh to form boxing promotion: What it could mean for the sport
White has finally decided to make the leap into boxing after years of teasing a moveCBS Sports - 20h -
Trump administration goes to Supreme Court to stave off midnight deadline to unfreeze foreign aid
The Justice Department filed an emergency application at the Supreme Court Wednesday asking to block a midnight deadline for the Trump administration to unfreeze nearly $2 billion in blocked ...The Hill - Feb. 27 -
We asked the people of Gaza how they saw their future – this is what we found | Nils Mallock
Support for Hamas is declining – no obvious alternative has emerged, but our poll shows there are reasons to be hopeful. Nils Mallock is research fellow at the XCEPT research group at King’s ...The Guardian - Feb. 21 -
What 15 Americans Think About Elon Musk and DOGE’s Government Cuts
Americans across the country are deeply split over Mr. Musk, with some welcoming his cuts to government and others outraged at what they see as an abuse of power.The New York Times - Feb. 25 -
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 - Feb. 26 -
What NOAA cuts could mean for weather forecasts, natural disaster preparedness
The Trump administration's latest wave of cuts to the federal government hit the National Oceanic and Atmospheric Administration last week. Alan Sealls, president-elect of the American ...CBS News - 2d -
What to know about potential cuts to Medicaid and how it could impact you
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss potential cuts to Medicaid. As Congress works on a federal budget, Republicans are looking to slash $2 trillion in ...CBS News - 33m -
Minister resigns over cuts to overseas aid, saying move harms UK's reputation
Dodds delayed her resignation until after Keir Starmer's meeting with President Trump, saying he had needed a united cabinet.BBC News - 5d -
International aid is as vital as defence spending – cutting either undermines British security | Emily Darlington
When funding to support vulnerable countries is withdrawn, the risk of war and global destabilisation increases. National defence and international development are two sides of the same coin. Our ...The Guardian - 4d -
What to know about failed Hamas return of Shiri Bibas' body, bus explosions in Israel
Israeli forces have announced that none of the bodies returned by Hamas Thursday belonged to Shiri Bibas, as originally believed. CBS News foreign correspondent Debora Patta has more on that and a ...CBS News - Feb. 21 -
Trump's foreign aid freeze halted a crucial program fighting HIV in Africa. Here's what's at stake
The freeze on U.S. foreign aid ordered by President Donald Trump has effectively halted one of the world's most successful responses to a diseaseABC News - Feb. 19 -
What to know about Trump's new tariffs, pause on Ukraine aid before congressional address
President Trump will address a joint session of Congress Tuesday night after his long-anticipated tariffs against Canada, Mexico and China went into effect Tuesday morning. Mr. Trump has also put a ...CBS News - 2d -
What to Know About the Supreme Court Ruling Against Trump’s Foreign Aid Freeze
The groups that sued insist the court’s ruling ought to force the Trump administration to restore all funding delivered via U.S.A.I.D. But the administration says it has the power to decimate the ...The New York Times - 15h -
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 businessMarketWatch - Feb. 26 -
Canadian premier says he will cut off electricity exports to US 'with a smile on my face'
Ontario Premier Doug Ford said Monday he is prepared to cut off electricity exports to the U.S. if President Trump’s 25 percent tariffs on Canadian goods go through. “If they want to try to ...The Hill - 2d -
Disney’s Apology for Cutting Off the Oscars Before the Biggest Awards Missed the Most Important Point
The company blamed the major fail on ‘technical and live stream issues.’Inc. - 2d -
Canadian leader threatens to cut off energy to some U.S. states over Trump's tariffs
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.CBS News - 16h -
What Would Czcehia's Team Have Looked Like At The 4 Nations Face-Off?
By Jack Klinck, The Hockey News internYahoo Sports - Feb. 21 -
4 Nations Face-Off: The NHL Finally Gave The Players What They Wanted, And The Players Delivered
Almost 15 years to the day from when Sidney Crosby scored the Golden Goal for Canada in the 2010 Winter Olympics, Connor McDavid grabbed the torch and scored the decisive overtime goal to win the 4 ...Yahoo Sports - Feb. 21 -
This is a hard choice. We believe in foreign aid – but we have to make cuts. We must keep the UK safe | David Lammy
Putin’s Russia is a threat to all Europe, including the UK. Vital aid work will be hit as we spend more on defence, but we must deal with the world as it is. There are moments in history when ...The Guardian - Feb. 25 -
GOP scrambles to win over moderates on budget resolution
Senate passage of a budget resolution designed to execute large parts of President Trump’s policy agenda throws the ball back to the House, where GOP leaders are hoping to move swiftly on ...The Hill - Feb. 24 -
House Republicans scramble to pass budget plan
House Republicans are still working to pass a budget plan backed by President Trump. CBS News' Taurean Small reports.CBS News - Feb. 24 -
FDA’s Food Safety Chief Resigns
The chief said the loss of critical employees overseeing the nation’s food supply made his work impossible. Robert F. Kennedy Jr., the nation’s new health secretary, has pledged to gut the division.The New York Times - Feb. 18 -
House budget tees up steep Medicaid cuts and big SALT fight. Here’s what’s next.
House Republicans passed a new budget resolution in a razor-thin vote that puts the GOP on a path to enact President Donald Trump’s ambitious fiscal agenda, including deep tax cuts and significant ...MarketWatch - Feb. 26 -
DOGE Could Cut the IRS in Half. What Does That Mean for Your Tax Filings?
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.Inc. - 17h -
30 things we love in the world of food, 2025
From a taste of Brazil in Manchester to the rise of the choc ice. *** Continue reading...The Guardian - Feb. 23 -
Smaller Food Brands Are Winning Amid Continued Inflation
Corporate giants like Unilever and P&G are losing market share as customers increasingly turn to indie competitors.Inc. - 2d -
UK food inflation hits five-month high
Grocery price growth highlights persistent pressure on living costsFinancial Times - 2d -
‘Time is running out’: Lawmakers scramble for a deal to stop a shutdown
Short of a major breakthrough in the coming days, Congress is staring down the barrel of yet another crisis over government funding.Politico - Feb. 21 -
Farmers hit by a federal funding freeze scramble to respond ahead of spring thaw
Farmers are struggling to make critical decisions ahead of the spring thaw, as billions of dollars in promised payments remain frozen by the Trump administration.NBC News - Feb. 22 -
Poland scrambles military aircraft as Russian missiles target western Ukraine
Poland scrambled "military aviation" in its airspace early Tuesday morning in response to Russian missile strikes in Ukraine, the country's Operational Command said.ABC News - Feb. 25 -
How Trump’s Cabinet Scrambled to Respond to Musk’s DOGE Email
Behind the scenes, cabinet secretaries compared notes as they tried to figure out how to respond to a directive from President Trump’s most powerful adviser without angering the president.The New York Times - 6d
