Uncertainty for federal workers as White House looks to cut funding

Hunter Biden investigation will proceed after father leaves White House, Jordan says

The House Judiciary Committee Chair Rep. Jim Jordan (R-Ohio) said the panel will continue its investigation into Hunter Biden’s criminal activity in a Thursday interview with Politico. “We think we ...

The Hill - Jan. 10

Will the new presidency affect WFH for federal workers?

Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...

The Hill - Jan. 10

US job market soars past expectations in last report before Trump retakes White House

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...

The Guardian - Jan. 10

Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.

CNBC - Jan. 10

Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending

The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.

MarketWatch - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - 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

Michael Sheen to fund new national theatre for Wales

The actor says he is putting everything behind starting Welsh National Theatre.

BBC News - Jan. 10

Zelenskyy in final pitch for US weapons before Trump enters White House

Also in this newsletter: Will Slovakia really cut off electricity supplies to Ukraine?

Financial Times - Jan. 10

Italy’s luxury wineries rely on illegal migrant workers

Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourers

Financial Times - Jan. 10

At Los Angeles emergency shelters, wildfire evacuees turn to community help amid uncertainty

Emergency shelters have become refuges for many whose lives have been upended by the unprecedented fires that continue to ravage the Los Angeles area.

NBC News - Jan. 10

California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes

Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...

The Guardian - Jan. 9

NAACP president urges Biden to deliver on 'critical promises' before leaving White House

NAACP President and CEO Derrick Johnson is calling on President Biden to take action on "critical promises" before leaving the White House later this month. Johnson in a Wednesday op-ed in ...

The Hill - Jan. 9

Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers

Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.

Inc. - Jan. 9

Lammy challenges Trump's rhetoric days before White House return

The foreign secretary talks up UK-US relations - but clear divisions with the incoming president remain.

BBC News - Jan. 9

Microsoft contributes $1 million to Trump's inauguration fund

Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.

CNBC - Jan. 9

Cutting out alcohol for "Dry January"

Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.

CBS News - Jan. 9

The Internet’s Future Is Looking Bleaker By the Day

While Meta enacts the X playbook, TikTok is on the verge of being declared illegal. Who wins? Probably not internet users.

Wired - Jan. 9

Banks Are Racking Up Wins Even Before Trump Is Back in White House

Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

The New York Times - 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

‘We’re done’: owner of Walter White’s house in Breaking Bad puts it on market – for $4m

Modest family home in Albuquerque has a price tag fit for a meth kingpin – but owner Joanne Quintana warns buyers to prepare for hundreds of visitors a day. The modest suburban home used as Walter ...

The Guardian - Jan. 9

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

These 4 Factors Are Driving Up Worker Productivity

U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.

Inc. - Jan. 8

Affordable Care Act enrollments surge as Biden's term nears end, White House says

"That means that enrollment has nearly doubled since I took office," President Joe Biden said in a statement.

ABC News - Jan. 8

A look at recent deadly earthquakes in China

A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decade