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Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
US may exclude government spending from GDP, obscuring effect of Doge cuts
Howard Lutnick’s remarks echo Elon Musk, who says government spending doesn’t create value for US economy. US politics live – latest updates Howard Lutnick, the US commerce secretary, said on ...The Guardian - 3d -
USAID official put on leave for memos saying funding cut will "result in preventable death"
"This will no doubt result in preventable death, destabilization, and threats to national security on a massive scale," Nick Enrich wrote in the memo.CBS News - 3d -
Watch live: Democrats speak out against plans for Social Security Administration job cuts
Senate Democrats are sounding the alarm over expected “significant workforce reductions” at the Social Security Administration. Senate Democratic Leader Chuck Schumer (N.Y.), along with Sens. Patty ...The Hill - 3d -
Less is more: How ‘chain of draft’ could cut AI costs by 90% while improving performance
Zoom researchers unveil "chain of draft," which cuts AI token usage by 92%, transforming the economics of language model deployment.VentureBeat - 3d -
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 - 3d -
As Social Security plans to cut about 7,000 workers, some experts worry that may affect benefits
The Social Security Administration has announced new efforts to bring down costs. Plans to cut staff have prompted concerns from some experts.CNBC - 3d -
Americans divided on Trump's effort to cut federal workforce, CBS News poll finds
According to new CBS News polling, most Americans believe President Trump is transforming the federal government, but they are divided on whether that's a good thing. CBS News executive director of ...CBS News - 3d -
House Republican says he 'can't guarantee' staff cuts won't impact veterans
Rep. Greg Murphy (R-N.C.) on Monday defended the budgets and workforce cuts at the Department of Veterans Affairs, as he said he “can’t guarantee” veterans’ benefits and care would be immune from ...The Hill - 2d -
Senate Democrats slam Social Security job cuts, attack Musk calling it 'Ponzi scheme'
Senate Minority Leader Chuck Schumer called the benefits system is "at risk."ABC News - 2d -
Fired NOAA workers say cuts could hinder weather forecasts and programs to keep people safe
The Trump administration cut about 600 workers at the National Weather Service and NOAA. That could hinder work on programs designed for public safety, former employees said.NBC News - 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 -
House Speaker Johnson just said more than most realize about Medicare and Social Security cuts
Johnson says the “party of fiscal discipline” can slash $400 billion in taxes while simultaneously cutting the deficit.MarketWatch - 2d -
Why DOGE’s Sharp Cuts to NOAA’s Forecasting Efforts May Affect Your Company
Government workers again push back against the Musk-led federal cutbacks — this time warning that gutting the nation’s weather forecasting and reporting could lead to billions of dollars of damage.Inc. - 2d -
GSA identifies hundreds of 'non-core' federal properties amid Trump admin's DOGE cuts
The General Services Administration (GSA) on Tuesday released a list of nearly 450 federal buildings it may seek to sell — including major real estate like the headquarters of the Justice ...The Hill - 2d -
Ukraine war briefing: Deadly Odesa drone attack cuts power, water and heating for second day
Woman aged 77 died of shrapnel wounds; Zelenskyy offers minerals deal signature and peace plan. What we know on day 1,106. A Russian drone attack late on Tuesday killed one person and caused ...The Guardian - 1d -
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 -
Israel cut off food and supplies to Gaza. Aid groups scrambling. What's happening?
Israel’s cutoff of food, fuel, medicine and other supplies to Gaza’s 2 million people has sent prices soaring and humanitarian groups into overdrive, trying to distribute dwindling stocks to the ...ABC News - 1d -
European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.CNBC - 1d -
There’s a price war over weight-loss drugs as Wegovy cuts costs for monthly subscribers
Novo Nordisk is cutting prices on weight-loss drug Wegovy, a week after Eli Lilly did the same for rival Zepbound.MarketWatch - 1d -
Apple unveils new MacBook Air models with $100 price cut despite tariffs
The MacBook Air price cut comes as Apple's U.S. pricing is closely watched by both Apple customers and investors in response to tariffs.CNBC - 1d -
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 - 1d -
Congress' proposed cuts may jeopardize Medicaid and negatively impact the economy, report finds
Federal cuts to Medicaid would impact more than 80 million people who rely on the program. It may also negatively effect the economy, new research finds.CNBC - 1d -
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 - 1d -
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. - 1d -
Republicans can't meet their own budget target without cutting Medicare or Medicaid, budget office says
The House GOP has ordered the Energy and Commerce Committee, which oversees Medicare and Medicaid funding, to cut $880 billion in a bill to advance Trump's agenda.NBC News - 21h -
Musk and GOP senators discuss pathway to cement DOGE cuts in closed-door meeting
Elon Musk met with Senate Republicans for nearly two hours in a closed-door lunch meeting Wednesday, seeking to reassure them amid voter angst over the sweeping cuts his Department of Government ...NBC News - 21h -
DOGE plans to cut VA contracts may harm veterans' care, employees say
Despite a backlash, Elon Musk’s DOGE is planning to terminate 585 VA contracts, some of which appear to be central to patient safety.NBC News - 12h -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023Financial Times - 10h -
Fantasy Football fallout: D.K. Metcalf requests trade, Seahawks cut Tyler Lockett, Jaxon Smith-Njigba a WR1?
JSN is shooting up the rankings with another target bump on the wayCBS Sports - 8h -
Sen. Adam Schiff on looming government shutdown, DOGE cuts, Ukraine, Trump and more
Sen. Adam Schiff (D-California) spoke with CBS News congressional correspondent Nikole Killion about efforts to fund the government, President Trump's actions in the first weeks of his second term ...CBS News - 8h -
ECB cuts rates again and warns trade war fears are hurting Europe’s economy
Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to US. Business live – latest updates The European Central Bank has cut interest rates ...The Guardian - 8h -
European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The ECB cut interest rates by 25 basis points and struck a more hawkish tone in its communication.CNBC - 9h -
GOP budget goals impossible without Medicare and Medicaid cuts, budget office says
Republicans are expected to fall short of their goal to slash the budget by $1.5tn despite Donald Trump’s assurances. Republicans cannot reach their budget goal of slashing at least $1.5tn in ...The Guardian - 9h -
‘Positive, hopeful, lovely places’: how Britain’s repair shops are cutting waste and giving devices a new lease of life
Boom in fixing rather than throwing away items creates jobs and cuts waste, emissions and costs. There is a pause in the hubbub of conversation in the workshop and everyone watches as a young man ...The Guardian - 9h -
As Trump goes after Education Department, staff cuts leave student loan borrowers in the dark
Federal student loan borrowers experiencing difficulties with their loans could find they have no recourse as President Donald Trump’s cuts to staff at the Department of Education are carried out, ...NBC News - 7h -
ECB delivers another rate cut, but economists see little room for more easing
The European Central Bank cut interest rates by a quarter-point Thursday, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge ...MarketWatch - 8h -
‘DOGE’ job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.MarketWatch - 6h -
Top Republicans and Democrats concerned about VA cutting 80,000 from its workforce
VA is preparing to lay off as many as 80,000 workers in coming weeks, according to an internal memo obtained by ABC News.ABC News - 4h -
Jaguars send WR Christian Kirk to Texans after initially planning to cut him
Jacksonville will now pick up a draft pick in exchange for Kirk, who missed most of the 2024 season with a broken collarbone.Yahoo Sports - 2h