Latest in Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
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Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - Feb. 21 -
Coffee Prices Are Soaring, but Growers Aren’t Celebrating
Climate change is behind the windfall gains, and growers are worried about whether they can adapt.The New York Times - Feb. 22 -
Is Bird Flu the Only Reason Egg Prices Are Soaring?
The nation’s biggest egg producer has seen rising revenues and profits. Now some Democrats are calling for an investigation into pricing practices in the industry.The New York Times - Feb. 26 -
Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - Feb. 27 -
Raiders make Crosby NFL's highest-paid non-QB
DE Maxx Crosby has agreed to a three-year, $106.5 million extension with the Raiders that makes him the highest-paid non-QB in NFL history, sources told ESPN.ESPN - 15h -
Trump layoff plan gets reprieve
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge gives Trump go-ahead on mass layoffs A federal judge refused a request from ...The Hill - Feb. 21 -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - Feb. 21 -
Agencies told to prep for mass layoffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story OPM tells agencies to plan for mass layoffs A Wednesday memo from the Office of ...The Hill - Feb. 26 -
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Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Trump and Musk's slash-and-burn tactics are a sticking point in talks to prevent a shutdown
President Donald Trump and his billionaire adviser Elon Musk are taking a hatchet to federal agencies, using executive power to impose spending and job cuts that have sparked a polarizing debate in ...NBC News - Feb. 26 -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - Feb. 26 -
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 - Feb. 27 -
Trump Administration Pushes to Slash I.R.S. Work Force in Half
Losing half of its employees would severely strap the I.R.S., meaning Americans may have to wait longer to receive tax refunds.The New York Times - 1d -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 1d -
A former Polish prime minister is charged with exceeding his powers over a 2020 election call
A former Polish prime minister, Mateusz Morawiecki, has been charged with exceeding his powers when he ordered a presidential election to be carried out solely with postal votes during the COVID-19 ...ABC News - Feb. 27 -
Chicago teen went on serial killing spree of 6 people in city's southwest side in 2020, police say
A 21-year-old man was charged in six murders throughout 2020, when he was only 17, as prosecutors allege he went on a serial killing spree through the Chicago's southwest side.NBC News - Feb. 27 -
Chicago Teen Killed Six People Over Nine Months in 2020, Prosecutors Say
The Cook County prosecutor said Antonio Reyes was 16 when he fatally shot the first of six people, targeting “complete strangers” in all but one of the killings.The New York Times - 6d -
Trump makes investment announcement
Watch live coverage as President Trump makes an investment announcement at the White House.NBC News - 3d -
Gold may soar past $3,000 — but at these prices you’re overpaying
Why you can expect below-average returns from gold in coming years.MarketWatch - Feb. 22 -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - Feb. 24 -
As Egg Prices Soar, U.S. Looks to Import From Other Countries
The United States is in talks with several countries in an effort to immediately secure new supplies.The New York Times - Feb. 26 -
Snowflake’s stock soars as revenue and guidance cheer up investors
Snowflake shares soared in after-hours trade Wednesday, after the company’s fiscal fourth-quarter revenue topped estimates and it offered upbeat guidance for fiscal 2026.MarketWatch - Feb. 27 -
China’s $1 bubble tea chain soars 43% in Hong Kong debut
Mixue’s IPO, city’s biggest in year to date, highlights investor focus on China’s price-conscious consumersFinancial Times - 3d -
European markets soar as Germany lifts ‘debt brake’ to raise defence spending
Berlin’s ‘big bazooka’ move sends industrial stocks surging but fiscal sea change also hikes borrowing costs. Business live – German debt ‘bazooka’ rallies stocks and euro European financial ...The Guardian - 1d -
Bosnian officials challenge separatist laws before top court as tensions soar
Bosnian officials are challenging a set of laws barring the state judiciary and police from operating in the part of the country controlled by the Bosnian Serbs, legislation that has fueled ...ABC News - 9h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 6h -
USDA Layoffs Derail Projects Benefiting American Farmers
The blanket firing of Department of Agriculture scientists has thrown a host of climate science and crop projects into chaos.Wired - Feb. 20 -
National Park layoffs impact park goers
As the Trump administration pushes ahead with its drive to overhaul federal agencies, roughly 1,000 employees have been terminated at national parks. NBC News’ Morgan Chesky reports from Yosemite ...NBC News - Feb. 20 -
Pentagon layoffs paused for now, official says
The Pentagon is pausing the impending cuts to probationary civilian employees that could have affected around 50,000 people working for the Defense Department, a U.S. official tells CBS News. ...CBS News - Feb. 21 -
Latest news on Trump administration's mass layoffs
Thousands of Americans who worked as federal employees are out of a job and more cuts are coming after a federal judge allowed the Trump administration's mass layoffs plan to continue. CBS News' ...CBS News - Feb. 21 -
What we know about Pentagon layoffs
More than 5,000 probationary employees at the Department of Defense could soon lose their jobs as part of Trump administration cuts, CBS News has learned. Ellee Watson reports.CBS News - Feb. 24 -
Forest Service employees react to widespread layoffs
Forest Service employees are reacting to the Trump administration cuts that are leading to widespread layoffs of many working around America's national parks. CBS News' Ian Lee reports.CBS News - Feb. 25 -
Human rights groups protest mass layoffs in Argentina
Argentine President Javier Milei's government laid off human rights workers who investigate, document, and educate the public about crimes committed by the military dictatorship between 1976 and 1983.CBS News - 3d -
ABC News eliminating 538 amid layoffs
ABC News Group is eliminating its political arm, 538, which specializes in polling, surveys and data, amid wider layoffs at the Walt Disney parent company, according to information obtained by The ...The Hill - 1d -
Sources: Collier shares 1-on-1 money with staff
Unrivaled co-founder and player Napheesa Collier is giving half of her prize money for winning the league's first 1-on-1 tournament to her training and performance staff and assistant coaches ...ESPN - Feb. 21 -
The impact of Trump firing the chairman of the Joint Chiefs of Staff
President Trump announced on Friday that he will replace Gen. Charles Q. Brown as chairman of the Joint Chiefs of Staff. Other senior Defense Department officials were also ousted. CBS News senior ...CBS News - Feb. 23 -
Brentford's Cochrane joins England coaching staff
England manager Thomas Tuchel appoints Brentford coach Justin Cochrane to Three Lions' backroom staff.BBC News - Feb. 26 -
Companies are failing to convince staff of AI benefits
Chatbots are part of working life but many employees say the opportunities are still unclearFinancial Times - 10h
