Latest in What cutting USAID could cost America
Sort by
2,442 items
-
Elon Musk’s X Becomes Weapon in Government Cost Cutting
The billionaire has used the social media site to boast of victories, lash out at enemies and conduct polls for the initiative he calls the Department of Government Efficiency.The New York Times - 2h -
What is USAID and how did it become a political firestorm?
Learn more about what USAID is and how it works after Department of Government Efficiency leader Musk says he and Trump are hoping to shut down the federal agency.NBC News - 7h -
Trump and Musk are upending USAID. Here's what to know about its work.
The State Department said President Trump appointed Secretary of State Marco Rubio as acting director of USAID amid an overhaul of the humanitarian aid agency.CBS News - 10h -
GOP senator: USAID vital to countering China's efforts in Africa, South America
Sen. Roger Wicker (R-Miss.) expressed skepticism about the Trump administration’s efforts to fold the U.S. Agency for International Development (USAID) into the State Department, saying it is ...The Hill - 2h -
What cutting USAID could cost America?
The Trump administration’s moves to dismantle USAID has stoked fears that America will lose its standing on the world stage as rival powers fill the void.NBC News - 7h -
USAID could be shut down, merged into State Department
USAID, a federal agency that delivers humanitarian relief around the world, is on the verge of being shut down, according to Elon Musk. Secretary of State Marco Rubio was named acting administrator ...CBS News - 8h -
Have America’s industrial giants forgotten what they are for?
Critics say fragmented ownership, weak culture and a fixation on financial results have harmed innovationFinancial Times - 17h -
What is USAID, the foreign assistance agency Trump wants to shut down?
NBC News' Valerie Castro explains the work of the U.S. Agency for International Development and the impact it will have if President Trump succeeds in closing it.NBC News - 19h -
What is USAid and why does Trump dislike it so much?
The US agency distributes tens of billions of dollars’ worth of aid every year and is a key tool to promote soft power around the world. Donald Trump’s administration has confirmed plans to merge ...The Guardian - 20h -
How Marco Rubio could reshape USAID
U.S. Secretary of State Marco Rubio announced to reporters in El Salvador on Monday that he is taking over as the acting administrator of the U.S. Agency for International Development. This comes ...CBS News - 21h -
What does it mean for USAID now that Rubio is in charge?
Over the weekend, Elon Musk threatened to eliminate the main U.S. agency handling foreign aid. On Monday, it was announced that USAID would merge with the State Department under Marco Rubio's ...CBS News - 22h -
What is USAID and why is Trump reportedly poised to close it?
The US aid agency spends billions around the world on humanitarian support - but its future is in doubt.BBC News - 1d -
Trump and Musk are upending USAID. Here's what to know about its work.
The State Department said President Trump appointed Secretary of State Marco Rubio as acting director of USAID amid an overhaul of the humanitarian aid agency.CBS News - 1d -
What is USAID and how did it become a political firestorm?
Learn more about what USAID is and how it works after Department of Government Efficiency leader Musk says he and Trump are hoping to shut down the federal agency.NBC News - 1d -
12:30 Report — Mexico tariffs delayed; What’s happening with USAID?
{beacon} 12:30 REPORT It’s Monday. We made it to February.💕 Beyoncé announced her tour dates for this year. She’s coming to D.C. in July! (Here’s her Instagram announcement.) In this edition: U.S. ...The Hill - 1d -
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 - 1d -
What to know about Trump, Musk and USAID
Staffers at the U.S. Agency for International Development, also known as USAID, were told to stay home Monday and billionaire Trump adviser Elon Musk says the agency is on the verge of being shut ...CBS News - 1d -
What will a $100,000 HELOC cost monthly in 2025?
HELOC interest rates just hit an 18-month low. Here's what a $100,000 HELOC could cost monthly this year.CBS News - 4d -
Democrats want answers on cost-cutting prescription payment models abandoned by Trump
House Democrats want to know what the Trump administration plans to do after it rescinded a Biden-era executive order to study potential payment models for lowering prescription drug costs, looking ...The Hill - 4d -
What DeepSeek means for America's AI ambitions
The artificial intelligence arms race has a new competitor out of China. A new AI app made by Chinese tech startup DeepSeek appears to be better and significantly cheaper than its American ...CBS News - 6d -
‘The Gulf of America’? Here’s What Mexicans and Cubans Think.
Following President Trump’s order renaming the Gulf of Mexico, at least in the United States, Mexicans and Cubans expressed annoyance, defiance, confusion and even amusement.The New York Times - Jan. 28 -
What are the costs of Trump's immigration crackdown?
President Trump's administration is carrying out nationwide immigration raids conducted by U.S. Immigration and Customs Enforcement. Jeremy Robbins, executive director of the American Immigration ...CBS News - Jan. 27 -
What it would take for America to deport 11mn immigrants
Donald Trump has promised mass deportations but his plans will face enormous financial, legal and logistical hurdles at every step of the processFinancial Times - Jan. 27 -
Trump Wants to Impose 25% Tariffs on Colombia. Here’s What Could Cost More.
Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.The New York Times - Jan. 26 -
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.The New York Times - Jan. 23 -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - Jan. 23 -
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.CBS News - Jan. 22 -
Musk Is Likely to Get a West Wing Office for His Cost-Cutting Project
The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.The New York Times - Jan. 20 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC 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 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
A pathway to citizenship could be what leads Trump — and America — to victory in 2025
While DOGE is working with Congress to cut wasteful spending and remove red tape, Trump could take a more statesmen-like approach and embrace Reaganesque reforms that renew optimism in the economy ...The Hill - Jan. 10 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
Trump’s second term: what will it mean for America and the world?
Join webinar for FT subscribers on January 23 at 1300 GMTFinancial Times - Jan. 7