Latest in Cost Cutting
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Firms plan job cuts as employment costs rise
Companies' confidence falls as they face increases to National Insurance payments and wagesBBC News - 3d -
Musk, Trump defend DOGE cost-cutting
In a Fox News interview that aired Tuesday night, Elon Musk and President Trump defended the massive layoffs in the federal government that have been initiated by DOGE. CBS News chief White House ...CBS News - 1d -
Ratcliffe's Ineos blames cost-cutting for legal battle with NZ rugby
Ineos blames "cost-saving measures" across its business for an alleged "breach" of its sponsorship of New Zealand Rugby.BBC News - Feb. 11 -
Musk Joins Trump To Defend Aggressive Cost-Cutting Moves
Billionaire Elon Musk, who leads President Trump's Department of Government Efficiency, pledged full transparency in his efforts to cut wasteful federal government spending. It comes as Democrats ...NBC News - Feb. 11 -
Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.CNBC - Feb. 13 -
Protesters target Tesla showrooms over Elon Musk’s cost-cutting
The billionaire has become a focus of outrage at the Trump administration’s attacks on government agenciesFinancial Times - 4d -
NIH funding cuts could cost me my life, and that of millions of others
Even a temporary pause could be devastating for people like me, desperately waiting for new treatments that are under development, being rigorously tested and on the verge of being adopted in ...The Hill - 4d -
‘This is a coup’: Trump and Musk’s purge is cutting more than costs, say experts
In slashing staff and disabling entire agencies the administration is lacerating the structures of US democracy. Donald Trump and Elon Musk’s radical drive to slash billions of dollars in annual ...The Guardian - 3d -
Southwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costs
Southwest is cutting about 1,750 corporate jobs in a race to cut costs.CNBC - 2d -
How Clinton's "reinventing government" compares to DOGE's cost-cutting effort
The "reinventing government" program cut over 480,000 federal jobs and thousands of regulations. The woman who ran the program says any similarities to DOGE end there.CBS News - 2h -
Trump appears to agree to cut checks to Americans to share portion of savings from Doge cost-cutting
‘Department of government efficiency’ head Elon Musk suggested $5,000 checks to US households if targets met. Donald Trump has appeared to embrace a proposal to share a portion of the cuts in US ...The Guardian - 1h -
Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short
Biogen expects Leqembi and new rare disease and depression treatments to help offset revenue lost from multiple sclerosis products.CNBC - Feb. 12 -
Steelers release veteran pass rusher in cost-cutting move months after acquiring him from Packers
Cutting Preston Smith saves Pittsburgh $12 million in cap spaceCBS Sports - 5d -
Protesters target Tesla showrooms in US over Elon Musk’s government cost-cutting
Demonstrations across the US against tycoon’s ties to Trump highlight potential risks to firm’s reputation and sales. . Protesters gathered outside Tesla dealerships across the US on Saturday in ...The Guardian - 4d -
HSBC sets out scale of cost cuts under chief executive’s restructuring plan
Bank targets $1.5bn cut from annual cost base by next year as it reports $2.3bn fourth-quarter profitFinancial Times - 1d -
Live updates: Trump says he plans to give Americans '20 percent' from DOGE cost cuts
President Trump is spending much of Wednesday in Florida, but is still making waves in Washington. Ahead of attending a Saudi investment conference in Miami, the president has traded barbs with ...The Hill - 20h -
Is Russia Open for Business — and at What Cost?
Investors seem open to the prospect of peace talks, but Western companies face a dilemma just three years after many retreated from the country.The New York Times - 1d -
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 - Feb. 8 -
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 - Feb. 9 -
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 - Feb. 10 -
The high cost of using military planes for deportation
President Trump says he is looking to eliminate wasteful spending in the federal government., but that may be at odds with what he's doing to keep another campaign promise. Jason Allen has been ...CBS News - Feb. 10 -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - Feb. 11 -
Could Trump's tariffs cost Americans their jobs?
The White House says President Trump's tariffs on steel and aluminum imports will take effect on March 12. On Tuesday, Canadian Prime Minister Justin Trudeau signaled he could retaliate against the ...CBS News - Feb. 11 -
How much is the NHS going to cost us?
Spending on the NHS has been going up for decades and is set to rise further. BBC Verify has examined some of the key numbers.BBC News - Feb. 13 -
Treasury seeks clarity on cost of Thames Water renationalisation
Indebted utility faces crucial court judgment this week on emergency £3bn loanFinancial Times - 3d -
Here's what an $80,000 HELOC costs monthly in 2025
HELOC interest rates fell at the start of 2025. Here's what an $80,000 HELOC costs monthly right now.CBS News - 1d -
Apple unveils new, lower-cost iPhone 16e
Apple has revealed its new budget-friendly smartphone, the iPhone 16e, starting at $599 and touting new AI features and a stronger battery. Bridget Carey, editor-at-large for CNET, joined CBS News ...CBS News - 5h -
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 - Feb. 10 -
VA cutting 1,000 employees
The Department of Veterans Affairs (VA) has dismissed more than 1,000 new employees as part of a wave of federal government layoffs that began this week, sparking concerns the firings could impact ...The Hill - 5d -
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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 - Feb. 5 -
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 - Feb. 7 -
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 - Feb. 8 -
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 - Feb. 8 -
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 - Feb. 8 -
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 - Feb. 9 -
How much does a $40,000 home equity loan cost monthly in 2025?
Considering a $40,000 home equity loan? Here's how much it could cost qualified borrowers each month.CBS News - Feb. 10 -
Falling costs drive green energy — even as political tides shift
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Falling costs drive green energy — even as political tides shift The U.S. is barreling toward ...The Hill - Feb. 10 -
Trump directs Treasury to stop minting new pennies, citing cost
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.CBS News - Feb. 10
