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U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.CNBC - 23h -
FirstFT: OECD cuts global growth forecast
Also in today’s newsletter, Trump and Putin to hold Ukraine talks and Netanyahu plans to sack Shin Bet chiefFinancial Times - 1d -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 1d -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 1d -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 1d -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 1d -
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes their toll.The New York Times - 17h -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - 5d -
Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers
The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.The New York Times - 4d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 3d -
Stand up for Science rallies protesting Trump cuts held across U.S.
Thousands of people, including researchers, scientists, medical professionals and cancer survivors rallied across the U.S. in protest of the Trump Administration’s firings, budget and grants cuts ...NBC News - Mar. 8 -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - 6d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 5d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - 4d -
How Trump Cuts Could Change Your Summer Hiking Trip
The Bureau of Land Management, the Forest Service and the Fish & Wildlife Service manage more public lands than the Parks Service. And their staffs have also been cut.The New York Times - 4d -
Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud
As President Trump and Elon Musk cut federal programs, they often equate political and policy differences with corruption.The New York Times - 1d -
‘Gut punch’: Democrats decry Trump's plan to cut 80,000 at Veterans Affairs
Democrat lawmakers and veterans' groups are fuming over the Department of Veterans Affairs' (VA) plans to cut roughly 80,000 employees in the coming months, decrying the lack of transparency and ...The Hill - Mar. 9 -
Senate passes Trump-endorsed fix to avert DC budget cuts
Senators voted Friday to pass legislation to prevent cuts to the District of Columbia's local budget after city officials warned the District faced a $1 billion hit under a stopgap government ...The Hill - 3d -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - 5d -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - 5d -
Dr. Oz dodges questions on Medicaid cuts at Senate confirmation hearing
Dr. Mehmet Oz, President Donald Trump's pick to lead Medicare and Medicaid, sidestepped questions from senators on whether he supports significant Medicaid cuts.NBC News - 3d -
How DOGE cuts are jeopardizing our national parks, "America's best idea"
The Trump administration laid off approximately 1,000 employees of the National Park Service. Rangers and park employees say such cuts will be detrimental to the public's experience of these ...CBS News - 1d -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - 6d -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
NPS leaders plan 30 percent payroll cuts
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment First in The Hill NPS leaders plan 30 percent payroll cuts The Trump administration is eyeing major payroll ...The Hill - Mar. 11 -
White House ‘not going to cut Social Security:’ LaCivita
The White House won’t cut Social Security, President Trump’s 2024 co-campaign manager Chris LaCivita said in a new interview in response to a question about tech billionaire Elon Musk’s comments ...The Hill - 3d -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 4d -
Malnutrition food product sees funding affected by USAID cuts
Plumpynut is a life-saving food product that can bring a malnourished child back to health in just weeks. But the Trump administration's cuts to USAID essentially canceled funding to two American ...CBS News - Mar. 8 -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 6d -
USAID cuts could be ‘death sentence’ for Afghan women studying abroad
A group of more than 80 Afghan women who fled the Taliban regime to study in Oman say they are at risk of imminent deportation to Afghanistan after their U.S.-funded scholarship was canceled as ...NBC News - 5d -
How major cuts at Johns Hopkins could impact public health
Major health research institution Johns Hopkins University says it is eliminating more than 2,000 jobs after the Trump administration cut $800 million in funding from the United States Agency for ...CBS News - 11h -
Nasa cuts raise fears of handing more influence to SpaceX owner Musk
Fired workers warn cuts including closing of two offices will undermine agency work and increase costs. The Trump administration ’s decision to shutter two offices at Nasa risks “dramatically” ...The Guardian - 1h -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - 1h -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - Mar. 10 -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - 5d -
Trump CMS nominee Dr. Oz won't commit to opposing Medicaid cuts
President Donald Trump has promised to preserve Medicaid and other federal safety-net programs.CNBC - 3d -
What's next for federal education funding after Trump cuts
President Trump is starting to enact his pledge to close the Department of Education. Liam Knox, a reporter for Insider Higher Ed, joins to discuss.CBS News - 5d -
Trump’s cuts to higher education are sacrificing America’s future
American colleges and universities will lose their global preeminence, innovation will suffer, future scientists, doctors, artists and philosophers will not get trained and potentially ...The Hill - Mar. 9 -
Chinese Nationalists Praise Trump’s Cuts to Voice of America
Beijing has long criticized the outlet, as well as Radio Free Asia, for highlighting human rights abuses in China.The New York Times - 4h