Latest in Trump cuts nearly $60 billion in foreign aid grants and contracts
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Starbucks to lay off 1,100 employees and cut drinks from its menu
Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...CBS News - 5d -
Jon Stewart takes on DOGE and makes some 'cuts' of his own
Jon Stewart may have gotten himself more than just a wee bit too worked up while hosting “The Daily Show” on Monday.NBC News - 5d -
Disease outbreaks and starvation set to grow after USAID cuts
Millions of people around the world are today feeling the repercussions of President Donald Trump’s decision to freeze international aid for 90 days and shut down the U.S.NBC News - 5d -
Election systems feared vulnerable as government cuts workers tasked with security
Cuts to the U.S. cybersecurity agency and FBI affected the federal workers tasked with stopping foreign interference in elections.CBS News - 5d -
Jon Stewart cuts hand during fiery monologue on DOGE, prescription drugs
Jon Stewart railed against sweeping cuts by the Department of Government Efficiency (DOGE) — and suffered one of his own in the process — during an impassioned monologue on "The Daily Show." ...The Hill - 5d -
N.S.F. Cuts Raise Fears of a Reduced U.S. Presence in Polar Regions
The National Science Foundation has fired workers at the office that manages polar research, raising fears about a reduced U.S. presence in two strategic regions.The New York Times - 5d -
The Callisto Protocol Dev Cuts More Jobs In Gaming's Latest Layoffs
Striking Distance Studios, the Krafton-owned game studio that made 2022's The Callisto Protocol and 2024's Redacted , has undergone a new round of layoffs. This follows on from a previous round ...GameSpot - 5d -
What 15 Americans Think About Elon Musk and DOGE’s Government Cuts
Americans across the country are deeply split over Mr. Musk, with some welcoming his cuts to government and others outraged at what they see as an abuse of power.The New York Times - 5d -
DOGE Cuts Pause Development of Meal Bars for First Responders
Ryan Dowdy’s small-business grant is frozen until further notice.Inc. - 5d -
Jeffries says Johnson's budget plan could lead to big Medicaid cuts
House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.CBS News - 5d -
Palantir’s Alex Karp Says He’s Fine With Pentagon Budget Cuts
Nevermind that Palantir’s stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.Inc. - 5d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 5d -
Federal workers urge congressional lawmakers to reverse job cuts
The newly-formed Fork Off Coalition, composed of recently laid off government employees, represents an alphabet soup of agencies with various levels of tenure.CBS News - 5d -
National parks cutting hours, services amid federal layoffs
National parks across the U.S. face service reductions and staffing shortages due to federal budget cutsThe Hill - 5d -
DOGE cuts could hamper U.S. response to next pandemic
Around 700 people have been laid off from the Centers for Disease Control and Prevention in recent weeks due to cuts from the Trump administration. Some public health experts are expressing ...CBS News - 5d -
Cuts at the U.S. Forest Service could lead to unintended consequences
U.S. national forests are maintained by an army of Forest Service workers, but recent cuts could have the forests looking very different this summer.CBS News - 5d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 5d -
Police rescue a Chinese student whose finger was cut off by kidnappers
Philippine police say they safely recovered a Chinese student who was kidnapped by a gang that killed his driver and cut off the student’s finger in a bid to force his parents to pay a huge ransomABC News - 4d -
US climate research agency braces for ‘efficiency’ cuts: ‘They will gut the work’
Workers at National Oceanic and Atmospheric Administration fear crackdown will have global fallout. The Trump administration has set its sights on the National Oceanic and Atmospheric ...The Guardian - 4d -
What Can House Republicans Cut Instead of Medicaid? Not Much.
The math of the G.O.P.’s goals makes the move almost unavoidable.The New York Times - 4d -
Wonder Woman game axed as Warner Bros cuts three studios
Warner Bros Games joins a growing list of companies making cuts in the gaming industry.BBC News - 4d -
Could Forest Service cuts lead to more bear encounters?
Cuts of U.S. Forest Service staff members who work around America's national parks could impact visitors in different ways, even increasing the potential for harm. CBS News' Ian Lee explains.CBS News - 4d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 4d -
Johnson says deal to avert shutdown will probably be 'clean,' without DOGE cuts
Speaker Mike Johnson (R-La.) said on Wednesday that a stopgap to avert a government shutdown next month is “becoming inevitable” and that it will probably be as “clean” as possible, as both sides ...The Hill - 4d -
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Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.MarketWatch - 3d -
How would Medicaid cuts impact seniors in nursing homes?
The safety net is already precarious, so any shifts could break the systemMarketWatch - 3d -
White House says EPA will cut 65 percent of spending, not staff
Shortly after President Trump said Environmental Protection Agency (EPA) Administrator Lee Zeldin plans to cut 65 percent of the agency’s staff, the White House clarified and said Trump was ...The Hill - 3d -
Protests at USAID building as workers pack up their desks, cuts take effect
Protesters are outside a United States Agency for International Development building in Washington, D.C., in support of fired workers. This comes after the Supreme Court's Chief Justice John ...CBS News - 3d -
Jeffries warns major Medicaid cuts are coming with budget plan
House Minority Leader Hakeem Jeffries says cuts to Medicaid will emerge from the budget negotiations in Congress. CBS News' Nidia Cavazos reports as President Trump and House Speaker Mike Johnson ...CBS News - 3d -
GOP is considering cuts to Medicaid funding. Here's who could be impacted
The House GOP is considering significant cuts to Medicaid, potentially slashing billions. Health policy experts say Medicaid provides vital services to many AmericansABC News - 3d -
Autodesk says it’s cutting 9% of its workforce, and shares rise
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...MarketWatch - 3d -
UK looks at Texas supermax prison for ideas to cut overcrowding
The government wants to adopt a scheme which encourages inmates to gain qualifications and take jobs.BBC News - 3d -
In northeast India, a border fence could cut through villages, houses and lives
An international border fence may soon split the village of Longwa in twoABC News - 3d -
GOP push for DOGE cuts inflames talks to prevent shutdown
Growing calls among hardline House conservatives to incorporate cuts made by the Department of Government Efficiency (DOGE) into a developing government funding bill are complicating efforts to ...The Hill - 2d -
Why Consumers Are Cutting Back on Shopping and Embracing ‘No Buy 2025’
Marketers followed consumers to social media and their phones. “Low Buy 2025” influencers are sharing tips for how to resist them.The New York Times - 2d -
Social Security Administration sets ‘massive’ reorganization, ‘significant’ job cuts
The Social Security Administration announced a “massive” reorganization and “significant” job cuts on Thursday that critics said could increase customer-service wait times and make it more ...MarketWatch - 2d -
Social Security workers warn job cuts could hurt service for Americans
"We are already short-staffed as it is,"one Social Security Administration employee said of the agency's plans to slash its workforce.CBS News - 2d -
Cuts to US national parks and forests met with backlash as summer nears
Employees who maintained America's most wild places say they are concerned for public safety and for wildlife.BBC News - 2d
