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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 - 4d -
How would Medicaid cuts impact seniors in nursing homes?
The safety net is already precarious, so any shifts could break the systemMarketWatch - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
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 - 3d -
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 -
Democrats See Political Opening in G.O.P. Budget as Republicans Eye Medicaid Cuts
Democrats are rerunning the playbook that won them control of Congress in 2018, focusing on the cost of the G.O.P.’s tax cut plan for ordinary Americans, particularly when it comes to health care.The New York Times - 2d -
Musk makes case for controversial DOGE cuts in 3-hour Rogan interview
Tech billionaire Elon Musk made the case for the Department of Government Efficiency's (DOGE) cuts during a lengthy interview with podcaster Joe Rogan, defending the actions of the advisory board ...The Hill - 2d -
Thousands Gather at National Parks Across U.S. to Protest Job Cuts
From Acadia in Maine to Joshua Tree in Southern California, protesters turned out to stand up against what they see as threats to public lands.The New York Times - 1d -
Israel cuts off humanitarian supplies to Gaza as it seeks to change ceasefire deal
Netanyahu wants Hamas to allow for release of hostages without troop withdrawal, in plan Israel says came from US. Israel has cut off humanitarian supplies to Gaza in an effort to pressure Hamas ...The Guardian - 1d -
Johnson rules out entitlement cuts but ‘waste and abuse’ in Social Security will be targeted
House Speaker Mike Johnson (R-La.) on Meet the Press says cuts to federal entitlements like Medicare, Medicaid and Social Security are off the table but “we need to target” any “waste and abuse” ...NBC News - 1d -
Protesters flood national parks to express outrage over job cuts
As a steady stream of people marched through Yosemite National Park, homemade signs held high over their heads, they echoed a single unifying message: “Protect our parks.”NBC News - 21h -
Israel has cut off all supplies to Gaza. Here's what that means
Israel has cut off the entry of all food and other goods into Gaza in an echo of the siege it imposed in the earliest days of its war with HamasABC News - 20h -
White House faces growing backlash over cuts to federal workforce
The White House is facing growing backlash to the Trump administration's cuts to the federal workforce, including demonstrations at national parks, along with a legal setback that could eventually ...NBC News - 16h -
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 - 2h -
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 - 1h -
Americans split over Musk, federal workforce cuts: Survey
Americans in a new survey are split over their views of Elon Musk and the Department of Government Efficiency (DOGE) the tech billionaire leads as well as federal workforce cuts during the opening ...The Hill - 1h -
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 - 4h -
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 - 4h -
Trump and the Press
The president wants journalists to parrot his views and face consequences if they don’t.The New York Times - 4h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
2025 NFL cut candidates for all 32 teams: Kirk Cousins and Cooper Kupp are on the move
Kirk Cousins and Cooper Kupp are potential cap casualties as 2025 NFL free agency approaches.Yahoo Sports - Feb. 20 -
Transportation Secretary Sean Duffy says FAA cuts won't affect flight safety
On his first full day as transportation secretary, Sean Duffy faced the deadliest U.S. aviation accident in more than 20 years. The midair collision near Washington, D.C., killed 67 people and just ...CBS News - Feb. 20 -
Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts
Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.NBC News - Feb. 21 -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - Feb. 21 -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - Feb. 21 -
Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted
Around 100 were fired from the Substance Abuse and Mental Health Services Administration.CBS News - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout
Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...Wired - Feb. 21 -
Pentagon firings to begin next week in effort to cut up to 8 percent of civilian workforce
The Pentagon seeks to cut more than 5,000 civilian employees on probation status beginning next week in a bid to eventually shave off up to 8 percent of the U.S. military’s civilian workforce, the ...The Hill - Feb. 21 -
Johnny Damon, Gerrit Cole and other MLB players who cut their hair after joining the Yankees
The Yankees' long-standing facial hair policy was changed Friday, owner Hal Steinbrenner announced.Yahoo Sports - Feb. 22