Latest in What cutting USAID could cost America
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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 -
Paying for Trump's tax cuts could lead to big changes for taxpayers
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.CBS News - Jan. 24 -
How to stay safe in a storm and what to do in a power cut
The rain and high winds experienced during stormy weather are damaging homes and causing power outages.BBC News - Jan. 24 -
Trump Drive to Cut Safety Net Could Hit His Voters
The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling working class he is courting.The New York Times - Jan. 23 -
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 -
Trump’s Onslaught of Executive Orders Aren’t All What They’re Cut Out To Be
So begins Trump’s quest of unraveling Biden-era regulations.Inc. - Jan. 22 -
GTA 6 Could Cost As Much As $100, Some Hope; Analyst Clarifies Comments
Veteran investment analyst and researcher Matthew Ball of Epyllion has released a gargantuan, 219-page report about the "State of Video Gaming in 2025," and some of the presentation looks at how ...GameSpot - Jan. 21 -
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 -
America’s new ‘wolf warrior’ diplomacy could cause lasting damage
The precedent set by China’s aggressive promotion of its interests is not a promising oneFinancial Times - Jan. 19 -
The MAGA fight over skilled immigrants could cost us all
Do we really want to live in a country without Nvidia, Tesla or Viggo Mortensen?MarketWatch - Jan. 18 -
What did America look like 100 years ago?
President Biden warned of the rise of an oligarchy in his farewell address, comparing influential billionaires of today to the "robber barons" of 100 years ago. American historian H.W. Brands ...CBS News - Jan. 17 -
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 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 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 -
Medicare's new $2,000 cap on out-of-pocket drug costs could save patients thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid arthritis, and other conditions.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 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
Square Enix Could Cut Off Game Services For Harassers With New Policy
To counter fan harassment of its employees, from voice actors to developers, Square Enix has implemented a new Group Customer Harassment Policy. The new policy states and defines "customer ...GameSpot - Jan. 10 -
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 -
Biden’s climate narcissism could destroy America’s energy advantage
A majority of the country elected Donald Trump, who campaigned on a promise to “Drill, baby, drill.” Voters should be furious about Biden’s efforts to permanently ban most drilling offshore.The Hill - Jan. 10 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
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 -
Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - Jan. 7 -
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 -
What to know about winter storm hitting North America
The extreme weather is being caused by the polar vortex, an area of cold air that circulates around the Arctic.BBC News - Jan. 6