Latest in Cut Federal
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Bayreuth trims 150th anniversary festival, citing budget cuts
The Bayreuth Festival has dropped four productions from its 150th anniversary season in 2026 because of budget cutsABC News - 6d -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - 6d -
Elon Musk-led effort to cut federal workforce risks stifling labour market
Plus, does Trump spell good news for bankers?Financial Times - 6d -
Don’t like federal bathroom resolutions? Blame the mainstream left.
The adult, truth-telling center-left must now expel from respectability what has become the infantile, cowardly, sycophantic mainstream left. And we must do so with the same breadth and depth with ...The Hill - 6d -
How airlines are responding to federal crack down on junk fees
Several airline executives appeared at a tense congressional hearing Wednesday, where Senators from both parties grilled them over allegations of gouging customers when it comes to "junk fees" for ...NBC News - 6d -
Man United show progress despite loss as Arsenal cut into Liverpool's lead
Ruben Amorim suffered his first loss at Man United, but there were signs of progress.ESPN - 6d -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - 6d -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - 6d -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
New low-alcohol beer launched to cut boozy train passenger accidents
Avanti West Coast said the pale ale will create a ‘more enjoyable travel experience’ and help passengers ‘drink responsibly’.Yahoo Sports - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue is in the middle of a new plan to return to consistent profitability and cut costs.CNBC - Dec. 4 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
With Assad Challenged, a Push to Cut Syria’s Ties to Iran Grows More Unlikely
Even as Israel bombarded Syria, officials say the U.S. and Gulf countries were working to weaken its president’s alliance with Tehran. Rebels’ shock advance has dampened those hopes.The New York Times - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Amazon Never Suggested Cutting Secret Level's Concord Episode
Sony's ill-fated multiplayer shooter Concord is the focus of an episode of Prime Video's video game anthology series Secret Level, and, because the game itself has been shuttered, it could be one ...GameSpot - Dec. 4 -
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Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Lobbying World: YouTube taps new federal affairs manager
Andrew Meyer has joined YouTube as manager of federal affairs. He was most recently legislative director for Rep. Greg Pence (R-Ind.). Will Lemke is joining Monument Advocacy as vice president of ...The Hill - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Hunter Biden's federal gun case dismissed after being pardoned by his father
Hunter Biden could have faced up to 25 years in prison, though as a first-time offender he likely would have gotten far less time or avoided prison entirely.CBS News - Dec. 3 -
Comer highlights bill challenging work from home deal for federal employees
Rep. James Comer (R-Ky.) on Tuesday highlighted a bill he previously introduced that challenges a deal for hybrid work protections of federal employees. “THOUSANDS of federal employees just landed ...The Hill - Dec. 4 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Do you have a lost 401(k)? A new federal database will help you track it down.
How to know if you have a “lost” or forgotten retirement account — and how to get it back if you do.MarketWatch - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
Groups urge Congress to rein in federal bureaucracy after Supreme Court slashes agency authority
A coalition of 19 conservative and libertarian groups sent a letter to congressional leaders Wednesday urging them to act after a major Supreme Court decision clawing back federal agency power. The ...The Hill - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Ex-Kansas police detective found dead on first day of federal civil rights trial
A white former Kansas City, Kansas, police detective was found dead Monday of an apparent suicide on the day his federal civil rights trial was set to begin for allegedly sexually abusing Black ...NBC News - Dec. 2
