Latest in Jobless claims little changed, while impact from government spending cuts expected later this spring
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Jobless claims little changed, while impact from government spending cuts expected later this spring
Initial jobless claims fell by 2,000 to 220,000 in the week that ended on March 8, the Labor Department said Thursday.MarketWatch - 5h -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - 5d -
Record spring break travel expected despite higher costs
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.CBS News - 3h -
From busy airports to savings, here's what to know about spring break travel
Airlines and airports say they expect to be busier than ever during spring break, which covers much of March and April. AAA says on average domestic air fares are up 7% from last year, while hotels ...CBS News - 6h -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 3d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 1d -
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 - 2d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 1d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - 3d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 23h -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - 1d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 3d -
Why 49ers' recalibration doesn't mean halt to 2025 spending
While 49ers general manager John Lynch has emphasized a recalibration of San Francisco's spending habits, that doesn’t mean there will be a change in philosophy.Yahoo Sports - 4d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 8h -
DOGE Is Putting Major Government Efficiency Projects at Risk
In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.Wired - 6d -
Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession
House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...The Hill - 3d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 5h -
Lessons from the COVID-19 pandemic 5 years later
Five years ago Tuesday, the World Health Organization declared COVID-19 a global pandemic. CBS News digital reporter Alex Tin explains the lessons the government and public health officials learned.CBS News - 1d -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - 6h -
House GOP narrowly passes spending bill, now heads to Senate
House Republicans on Tuesday narrowly passed a spending bill just days before the deadline of a government shutdown. The bill now goes to the Senate where it will need support from Democrats in ...NBC News - 1d -
In Napa Vineyards, AI Boosts Grape Expectations
Artificial intelligence applications, from smart tractors to precision irrigation, are making their way into viticulture, while generative AI is creating labels and helping sell wine.Inc. - 3d -
Louisiana voters in Speaker Johnson’s district react to Medicaid cut threats
Residents of Vinton, La., which is part of House Speaker Mike Johnson’s district, are concerned that Republicans will make cuts to Medicaid to reduce government spending. NBC News’ Melanie Zanona ...NBC News - 1d -
Rising mental ill health behind higher welfare bill, report says
The government is identifying cuts to the welfare budget ahead of the Spring Statement, with the PM working to rally MPs to support the move.BBC News - 1d -
New report casts significant doubt on Musk’s and Trump’s government-fraud claims
It’s yet another setback for Elon Musk’s claim of a $1 trillion “DOGE dividend.”MarketWatch - 6h -
Greenland votes for change but coalition talks will govern how it reacts to Trump | Miranda Bryant
The tone of relations with the US may depend on whether second-placed Naleraq ends up inside the government. It was an election that was fought on the global stage with sporadic commentary from ...The Guardian - 1d -
Senate Democrats insist on voting on 30-day government funding bill
Senate Democrats say they will not vote for the House-passed six-month government funding package, which would boost defense spending and cut nondefense programs, unless they first get a vote on a ...The Hill - 23h -
Congressional Republicans unveil spending plan to avert government shutdown
Congressional Republicans unveiled their plan for a spending bill to avert a government shutdown as the deadline approaches this Friday. NBC News’ Yamiche Alcindor reports.NBC News - 3d -
House Republicans unveil spending plan with government shutdown deadline set for Friday
Republicans in the House released a stopgap spending plan over the weekend that would delay a government shutdown for at least six months, but it's unclear if they have the votes to pass the ...CBS News - 3d -
Fewer Americans file for jobless claims, signaling a still-healthy US labor market
The number of Americans filing for unemployment benefits fell slightly last week, indicating a still-healthy U.S. labor marketABC News - 6h -
How can daylight saving time impact your health?
Changing the clocks can, of course, impact your sleep. But that can lead to more problems, experts warn.The Hill - 5d -
Trump-district Democrats face risky vote on GOP spending bill
House Democrats in districts carried by President Trump are confronting a potentially risky vote next week when GOP leaders are expected to put their partisan government funding bill on the floor. ...The Hill - 4d -
University of Pittsburgh student missing on spring break trip to the Dominican Republic
International authorities are searching for a University of Pittsburgh student who disappeared while on a spring break trip to the Dominican Republic last week.NBC News - 3d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 4d -
US education department plans to cut half its workforce
The mass layoffs will impact nearly 2,100 people who are set to be placed on leave from 21 March.BBC News - 1d -
Dollar General says lower-income customers shouldn’t expect any relief from high prices this year
The average transaction amount increased amid growth in consumables, which includes food, while traffic declined.MarketWatch - 3h -
Syria's Druze seek a place in a changing nation, navigating pressures from the government and Israel
Syria’s Druze minority is trying to navigate a new, uncertain SyriaABC News - 3d -
Do spring games hurt more than they help? A look at the changes being made
With more schools opting out of spring games, we examine the reasoning behind those decisions.ESPN - 2d -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 3d -
Merz Challenges Germans to Make a Bold Strategic Shift. Will They Do It?
The likely next chancellor has staked his government on a move to increase military spending. But the window for change is closing fast.The New York Times - 3h -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.CNBC - 3d
