Latest in Roy Wood Jr. on DOGE cuts: Like watching people 'put together Legos without instructions'
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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 - 3d -
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 -
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 - 2d -
Southwest Airlines closing 2 crew bases in cost-cutting push
Southwest plans to close crew bases in Fort Lauderdale, Florida, and Austin, Texas.CNBC - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Senate Republicans tell Musk to send his cuts to Congress
The DOGE chief was told that legislative action could enshrine his slashing.Politico - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
As Israel cuts off food and supplies to Gaza, aid groups say they are scrambling
Three days into Israel's Gaza aid freeze, one aid group says a resumption is imperative: "With humanitarian needs sky high, more aid access is required, not less."CBS News - 23h -
Federal judge extends block on funding cuts to medical research
A federal judge is preventing the Trump administration from drastically cutting medical research funding.CBS News - 21h -
Free-market advocates assemble coalition, at Trump’s request, to push tax cuts
EXCLUSIVE: Free-market economics big wigs, acting on a request from President Trump, have assembled a coalition that aims to be the premier voice in the push to make Trump’s 2017 tax cuts ...The Hill - 14h -
Trump’s Cuts to Federal Work Force Push Out Young Employees
The loss of early career workers has raised concerns about the impact on the next generation of civil servants.The New York Times - 15h -
Job cuts last month higher than any February since 2009
U.S.-based employers cut more jobs this February than in any February in 16 years, according to a new report from outplacement firm Challenger, Gray and Christmas. This year, employers announced ...The Hill - 10h -
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 - 10h -
Jobs lost and lifesaving cures not discovered: Possible impacts of research cuts
Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of AmericaABC News - 12h -
Cutting FE college funding is not how you tackle the skills shortage
Also in this week’s newsletter, a glimmer of hope for the higher education sectorFinancial Times - 8h -
Macy’s cuts guidance in the face of ‘external uncertainties’ but stock gains
The retailer said it’s taking a “prudent” approach to its outlook as it warns of a profit shortfall.MarketWatch - 6h -
Trump stresses Cabinet secretaries lead agency cuts, but keeps Musk as threat
President Trump on Thursday stressed that his Cabinet secretaries take the lead on making cuts to their agencies and staff, insisting that officials are empowered to make decisions before Elon Musk ...The Hill - 4h -
House GOP budget goals would require Medicaid cuts, analysis finds
An analysis by the nonpartisan Congressional Budget Office showed that House GOP budget goals could not be reached without reducing spending on Medicaid.CBS News - 6h -
Fed’s Waller eyes interest-rate cuts this year, but not this month
The Federal Reserve should hold interest rates steady at its policy meeting in two weeks and wait to see if the signs of softening in the economy multiply or turn out to be a head fake, Fed ...MarketWatch - 3h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 3h -
Pentagon Cuts Threaten Programs That Secure Loose Nukes and Weapons of Mass Destruction
Documents obtained by WIRED show the US Department of Defense is considering cutting up to 75 percent of workers who stop the spread of chemical, biological, and nuclear weapons.Wired - 6h