Latest in Aggressive Cost Cutting
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USAID cuts threaten global women's program championed by Ivanka Trump
Five years ago, Lillian Achom stood with President Trump as he backed her women's development work - work she says is threatened by his USAID cut.CBS News - 1d -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 1d -
Fed Rate Cuts Are Looking Less and Less Likely for 2025
The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.Inc. - 1d -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”The New York Times - 1d -
Falling costs drive US toward green energy — even as political tides shift
The U.S. is barreling toward an energy transition as renewables — especially solar — become ever-cheaper sources of energy. Renewables and natural gas have been gaining while coal has declined for ...The Hill - 2d -
Trump 2.0 Heralds an Aggressive Flexing of Power
President Trump’s early moves to slash the federal government and expand American territory represent significant ideological swings from his first term.The New York Times - 2d -
‘Total chaos’: Monkey blamed for nationwide power cut in Sri Lanka
Energy minister says monkey ‘came into contact with grid transformer’, causing hours-long outage in sweltering heat. A countrywide power outage in Sri Lanka has been blamed on a monkey that ...The Guardian - 2d -
Minister blames monkey for Sri Lanka nationwide power cut
The outage is yet to be fully fixed, meaning hospitals and other buildings are having to use generators.BBC News - 2d -
Dismay as UK poised to cut funding for global vaccination group Gavi
Exclusive: Aid charities alarmed as decision would come in wake of Donald Trump’s decision to freeze USAid activities. The UK is poised to cut funding to a global vaccination group that has ...The Guardian - 2d -
Super Bowl 2025: Eagles' domination of Chiefs shows the value of being aggressive on and off the field
Philly manipulates the league's financial rules better than any team in the NFLCBS Sports - 2d -
Trump says he has directed U.S. Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.NBC News - 2d -
Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 2d -
Barcelona cruise past Sevilla to cut gap at top of LaLiga to two points
Barcelona beat Sevilla 4-1 at the Ramón Sánchez-Pizjuán Stadium to close the gap at the top of LaLiga to two points. Scorers: Vargas 8'; Lewandowski 7', López 46', Raphinha 55', García 89'The...Yahoo Sports - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
Driver cut free after crash with highways vehicle
Firefighters say the highways vehicle was stationary within a closed work zone when it was hit.BBC News - 2d -
Kurdish officials fear Islamic State revival as US aid cuts loom
Humanitarian groups worried north-east Syrian camps holding suspected IS members will lose basic facilities. Kurdish officials have warned of an Islamic State resurgence if US foreign aid cuts take ...The Guardian - 3d -
Why 49ers trading Deebo would come at steep salary cap cost
Matt Maiocco breaks down how the San Francisco 49ers trading wide receiver Deebo Samuel this offseason would impact the team's salary cap situation.Yahoo Sports - 3d -
Japan’s borrowing costs soar to 14-year high
Investors bet on faster interest rate rises, saying inflation is ‘for real this time’Financial Times - 3d -
My husband and I are in our 50s — and 85% invested in stocks. Is our strategy too aggressive for the next 10 years?
“Our funds and our tech stocks have done well over the years.”MarketWatch - 3d -
NIH announces it's slashing funding for indirect research costs
The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.NBC News - 3d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 3d -
Trump Administration Cuts Put Medical Progress at Risk, Researchers Say
Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.The New York Times - 3d -
Scientists warn Trump’s $4bn funding cuts will harm US medical research
Academics say the move imperils scientific progress and helps America’s rivalsFinancial Times - 3d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 3d -
Bolton says DOGE cuts hurt ‘long-term American interests’
President Trump’s former national security adviser John Bolton said during an interview that some of the proposed Department of Government Efficiency (DOGE) cuts could hurt “long-term American ...The Hill - 3d -
Trump cuts aid to South Africa over ‘racial discrimination’ against Afrikaners
US president also offers asylum to Afrikaners and criticises law that allows land seizures without compensation in some circumstances. The US president, Donald Trump, has signed an executive order ...The Guardian - 3d -
How much do 2025 Super Bowl commercials cost?
Brands are paying millions to air their commercials during Super Bowl 2025. Here's what's behind the cost, and why advertisers say it's worth it.CBS News - 3d -
Stuart Skinner And Massive Giveaways Cost The Oilers Big Time
The Edmonton Oilers' last game before the 4 Nations Faceoff didn't go as planned.Yahoo Sports - 3d -
7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.Inc. - 4d -
Cambridge risks losing ‘unbelievable talent’ amid PhD funding cut
Warning by vice-chancellor Deborah Prentice comes as ‘Silicon Valley’ planned between Oxford and Cambridge. The University of Cambridge risks “losing unbelievable talent” owing to a drop-off in ...The Guardian - 4d -
Trump pauses tariffs on low-cost parcels in US-China trade reprieve
Repeal of ‘de minimis’ exemption had sparked turmoil at US customs and postal service as shipments piled upFinancial Times - 4d -
Trump and Japanese PM Ishiba talk tariffs and vow to stand against Chinese ‘aggression’
Leaders praise each other at White House but president warns Japan could face tariffs if it doesn’t cut US trade deficit to zero. The Japanese prime minister, Shigeru Ishiba, and the US president, ...The Guardian - 4d -
Trump says he is cutting off Biden's access to intelligence material
Former presidents are traditionally allowed to receive intelligence briefings if they are being consulted about events that occurred while they were in office.NBC News - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 4d -
Trump delayed tariffs on low-cost packages from China
President Trump signed an executive order this week that temporarily prevents low-cost packages from China from being slapped with his new tariffs. The move delays the suspension of the de minimis ...The Hill - 4d -
Small Businesses and Contractors Also Get Hit by Trump’s Federal Funding Cuts
Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.Inc. - 4d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 5d -
Trump's aid freeze will worsen Sudan famine and cost lives, workers say
Some of the humanitarian aid USAID provided went to the African nation of Sudan. For two years now, its people have been caught in the middle of a civil war between two warlords. Debora Patta got a ...CBS News - 6d