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Federal agencies face pressure to cut jobs as employees weigh buyout offers
As federal agencies push employees to justify their roles and offer buyouts ahead of expected job cuts, a new CBS News poll finds more than half of Americans believe Elon Musk and the Department of ...CBS News - 2d -
Turkish inflation falls below 40% to set up further rate cuts
Central bank expected to reduce interest rates by 250 basis points when it meets on ThursdayFinancial Times - 2d -
Criminal charges over Paddington statue cut from bench
The front of the sculpture was cut away and removed from a seat in author Michael Bond's home town.BBC News - 2d -
Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...ABC News - 2d -
U.S.A.I.D. Memos Detail Human Costs of Cuts to Foreign Aid
The world is likely to see millions more malaria infections and 200,000 cases of paralytic polio each year, according to an agency whistle-blower.The New York Times - 2d -
O'Malley: DOGE cuts could soon trigger Social Security system 'collapse'
Martin O’Malley, the former commissioner of the Social Security Administration (SSA), said Monday the recent cuts made by tech billionaire Elon Musk's Department of Government Efficiency (DOGE) at ...The Hill - 2d -
Could cuts at the Education Department impact student access to funding?
Employees at the Department of Education were offered a one-time payment of up to $25,000 if they quit before a deadline Monday, according to a government email. This comes as concerns emerge about ...CBS News - 2d -
DOGE Cost Cuts Zero in on Top U.S. Consulting Firm Contracts
As Elon Musk’s quest for slashing wasteful spending continues, DOGE places $65 billion in federal contracts with elite consultancies under review.Inc. - 2d -
A Lethal Mystery Illness Spread in Congo. USAID Cuts Have Slowed the Response
Gutting USAID is already having a devastating impact around the world. In the Democratic Republic of the Congo, teams that would normally be racing to identify a fatal sickness are gone.Wired - 2d -
Johnson eyes short-term funding bill with no cuts to prevent shutdown
House Speaker Mike Johnson says he wants to pass a short-term spending bill with no spending cuts to avoid the government shutdown that would take effect in less than two weeks. It's unclear if he ...CBS News - 2d -
Negotiations to avert a shutdown sputter as disputes over DOGE cuts persist
Congress is careening toward a government shutdown in just 11 days as the discord between the two parties over funding talks grows, with no clear path to reaching a deal.NBC News - 2d -
In Speech to Congress, Trump Is Expected to Boast About DOGE Cuts and Ukraine
Tuesday night’s address will be a remarkable return to a chamber that President Trump last addressed five years ago, before voters ousted him from office.The New York Times - 2d -
Sources: Eagles to cut 6-time Pro Bowl CB Slay
The Super Bowl champion Eagles are releasing six-time Pro Bowl cornerback Darius Slay, sources told ESPN's Adam Schefter on Monday.ESPN - 2d -
USAID worker put on leave speaks out on DOGE cuts
One of the first federal agencies affected by the Trump administration's efforts to downsize the federal workforce was the U.S. Agency for International Development, which oversees aid programs ...CBS News - 2d -
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 -
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Where Being Gay Is Punishable by Death, Aid Cuts Are ‘Heartbreaking’
Uganda’s L.G.B.T.Q. population was already struggling to cope with the fallout of a harsh anti-gay law when the disruption of U.S. aid put people at even greater risk.The New York Times - 2d -
Morgan Stanley now expects the ECB to cut on Thursday and again in April
Morgan Stanley says it now expects the European Central Bank to cut interest rates in April as it, like the market, expects a rate cut at Thursday’s meeting.MarketWatch - 2d -
The world’s biggest dividend has just been cut. Here’s why.
Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell amid struggling oil prices.MarketWatch - 2d -
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Israel threatens to cut water and electricity in renewed Gaza siege
Military closes border and blocks aid as it pressures Hamas to accept revised ceasefire proposalFinancial Times - 1d -
DOGE’s Foreign Aid Cuts Have Sparked ‘Total Chaos’ Around the World
Human rights organizations say the cuts have undermined years of global democracy-building and free-speech initiatives and put the lives of their staff at risk.Wired - 1d -
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 1d -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 1d -
Trump's cuts to foreign food aid are affecting U.S. farmers, rural economies
President Trump's policies in the early days of his second term are creating uncertainty across the country. Cuts he's making in foreign food aid could have a major impact in America's heartland, ...CBS News - 1d -
Most areas cut eating-disorder help for under-18s
The Royal College of Psychiatrists worries children and young people will be put at risk, as demand rises.BBC News - 1d -
Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief
Canada's Minister of Foreign Affairs told the BBC's Newsnight her office had not been contacted about the plan.BBC News - 1d -
Trump's lies on tax cuts are another gut punch to America's working-class
He and congressional Republicans are getting ready to sell out Americans and our future so he can deliver massive tax cuts to billionaires like Elon Musk.The Hill - 18h -
Trump administration plans to cut 80,000 jobs from VA
The Department of Veterans Affairs (VA) is planning to cut 80,000 jobs as part of an “aggressive” reorganization of the agency this summer, according to The Associated Press, which cited an ...The Hill - 17h -
Refugees in Kenya’s Kakuma camp clash with police after food supplies cut
Teargas fired during protest at reduced rations after US aid freeze wipes out half of World Food Programme budget. Thousands of refugees clashed with police in a Kenyan refugee camp this week after ...The Guardian - 18h -
Fact-checking Trump's claims on Social Security fraud, DOGE cuts
President Trump made claims during his address to Congress about apparent fraud in the Social Security system. Mr. Trump also touted the work by the Department of Government Efficiency, which is ...CBS News - 16h -
How big is the welfare budget and where might cuts fall?
The Chancellor has earmarked "several billion pounds" in draft spending cuts to welfare.BBC News - 16h -
Senate Republicans tell Musk to send his cuts to Congress
The DOGE chief was told that legislative action could enshrine his slashing.Politico - 16h -
Guarded N.I.H. Nominee Faces Sharp Questions on Vaccines and Research Cuts
Dr. Jay Bhattacharya, a professor of medicine at Stanford University, gained prominence during the Covid pandemic when he argued against lockdowns.The New York Times - 15h -
U.S. pauses intelligence sharing with Ukraine after cutting off military aid
The U.S. will be pausing intelligence sharing with Ukraine after halting further military aid. NBC News' Courtney Kube reports from the Pentagon on the decision following President Trump and ...NBC News - 14h -
Family fears federal housing cuts could jeopardize their Missouri home
The Department of Housing and Urban Development helped Calvin and Symone Bentley and their 7-year-old son put a roof over their heads, but DOGE downsizing is making them nervous.NBC News - 11h -
Republicans need to cut Medicaid to hit budget savings target, CBO finds
Republicans can’t achieve their goal of slashing $2 trillion in federal spending over the next decade without cutting Medicaid, according to the nonpartisan Congressional Budget Office (CBO). In a ...The Hill - 12h -
Fears DOGE cuts could impact housing assistance programs
With expected staffing and budget cuts looming at the Department of Housing and Urban Development, there are fears some housing assistance programs could lose funding. In Kansas City, officials ...NBC News - 12h -
Elon Musk Meets With Senate Republicans Amid Tensions Over Federal Cuts
Elon Musk heads to Capitol Hill for a diplomatic mission.The New York Times - 11h