Latest in USAID to merge into State Department with major budget cuts
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USAID to be merged into State Department, 3 U.S. officials say
USAID will remain a humanitarian aid entity, but its funding and workforce will be significantly reduced, officials said.CBS News - 23m -
Democrat places blanket hold on Trump’s State Department picks over targeting of USAID
Sen. Brian Schatz (D-Hawaii), a member of the Senate Foreign Relations Committee, announced Monday he will place a blanket hold on all of President Trump’s nominees to the State Department until ...The Hill - 39m -
Rep. Brian Mast says he supports potential plan moving USAID into the State Department
GOP Rep. Brian Mast of Florida, the new chairman of the House Foreign Affairs Committee, tells "Face the Nation with Margaret Brennan" that he is working with Secretary of State Marco Rubio to ...CBS News - 1d -
Trump considers merging USAID into US State Department
The international aid agency's website is down and security officials were put on leave, US media reports.BBC News - 3h -
USAID to be merged into State Department, 3 U.S. officials say
USAID will remain a humanitarian aid entity, but its funding and workforce will be significantly reduced, officials said.CBS News - 3h -
USAID to merge into State Department with major budget cuts
The U.S. Agency for International Development will be folded into the State Department, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has the latest.CBS News - 5h -
Trump: USAID ‘run by a bunch of radical lunatics’ after reports of merger with State Department
President Trump on Sunday slammed the U.S. Agency for International Development (USAID), arguing it is poorly run after recent news reports that he is considering merging the agency with the State ...The Hill - 20h -
Rep. Brian Mast says he supports potential plan moving USAID into the State Department
GOP Rep. Brian Mast of Florida, the new chairman of the House Foreign Affairs Committee, tells "Face the Nation with Margaret Brennan" that he is working with Secretary of State Marco Rubio to ...CBS News - 1d -
USAid website offline as Trump moves to put agency under state department
Move would threaten life-saving global humanitarian aid programs, from HIV/Aids treatments to clean water access. The website for the US Agency for International Development, or USAid, appeared to ...The Guardian - 1d -
Democrats slam Trump over reports he'll merge USAID with State Department
Democrats on Friday slammed President Trump over recent news reports that he is considering merging the U.S. Agency for International Development (USAID) with the State Department. “It is ...The Hill - 2d -
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
This is the coalition government's first full-year budget after its assuming power in June.CNBC - 4d -
Frontier Airlines proposes merging with fellow budget carrier Spirit — again
Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy.NBC News - 5d -
Morrisons warns Budget will mean deeper cuts
Supermarket is latest UK retailer to caution on Labour government’s tax increasesFinancial Times - 5d -
Budget airline Ryanair cuts passenger traffic goal again on Boeing delays
Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the three months through to the end of December.CNBC - Jan. 27 -
Proposed GOP spending cuts a ‘shell game,’ says House top Budget Committee Dem
Rep. Brendan Boyle (D-Pa.) joins Meet the Press Now to discuss Republican efforts to raise the debt limit and potential spending cuts to finance President Trump’s agenda.NBC News - Jan. 24 -
Justice Department's memo on Trump's immigration policies reflects a major change
CBS News obtained a Justice Department memo directing local authorities to enact the Trump administration's immigration policies. Former federal prosecutor and independent counsel Scott ...CBS News - Jan. 23 -
UK competition regulator to cut staff after ‘budgeting error’
Voluntary exit scheme comes as CMA reels from government’s ousting of its chairFinancial Times - Jan. 23 -
Kaine grills Vought on planned 'woke and weaponized' budget cuts
Sen. Tim Kaine (D-Va.) grilled Russell Vought, President Trump’s nominee to lead the White House Office of Management and Budget, over a budget proposal created at the think tank where he worked, ...The Hill - Jan. 22 -
State Department cancels all refugee travel to the U.S.
All refugee travel to the U.S. has been put on hold and the State Department has stopped refugee processing in order to comply with President Trump's suspension of the U.S. Refugee Admissions Program.CBS News - Jan. 22 -
Rubio reveals three questions that will determine the State Department's actions
After taking the oath of office, Marco Rubio promised that every action taken by the State Department will be determined by the answers to three questions.ABC News - Jan. 21 -
Rubio speaks to State Department employees at welcoming ceremony
Secretary of State Marco Rubio is delivering remarks to State Department employees Tuesday afternoon in a welcoming ceremony hours after being sworn in. Rubio, a former Republican senator from ...The Hill - Jan. 21 -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - Jan. 21 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
Blinken holds final news conference at State Department
Secretary of State Antony Blinken held his final news conference at the State Department Thursday. Following a portion of the news conference, CBS News contributor Robert Berger provided analysis ...CBS News - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
Watch live: Biden delivers foreign address at State Department
President Biden is beginning his farewell tour around Washington this week with an address on Monday at the State Department to highlight his work on foreign policy during his presidency. Biden is ...The Hill - Jan. 13 -
Biden to reflect on foreign policy legacy in remarks at State Department Monday
President Biden on Monday will deliver remarks at the State Department about his administration's foreign policy legacy as a whole and what the White House calls his efforts to strengthen the ...CBS News - Jan. 13 -
Kristin Crowley: LA fire chief publicly criticizing the city’s budget cuts
LA’s first female fire chief, in a public spat with the mayor, is a 25-year veteran who’s prioritized diversifying her team. Kristin Crowley was appointed Los Angeles fire chief in 2022 at a time ...The Guardian - Jan. 12 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
Extended interview: L.A. fire chief on how budget cuts limited fire response "to a certain factor"
Los Angeles Fire Chief Kristin Crowley praises resilient firefighters as they battle fires across Los Angeles, talks about whether $17 million in budget cuts hampered the agency's wildfire ...CBS News - Jan. 10 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - Jan. 7 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6