Latest in Cuts Billions
Sort by
215 items
-
FDA planning for fewer food and drug inspections due to layoffs, officials say
Around 170 staff were cut from the FDA's Office of Inspections and Investigations this week as part of wider cuts at U.S. health agencies.CBS News - 1d -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 3d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 2d -
Weather tracker: Heavy rain alerts in Queensland as floods cut off towns
Wettest March day for 15 years in some parts of northern Australian state, while storms and hail hit Mediterranean. More heavy rain has hit Queensland, Australia, just weeks after the devastation ...The Guardian - Mar. 28 -
Russell Vought, Trump’s Budget Chief, Wants to Cut ‘Woke’ Spending
Russell T. Vought, leader of the Office of Management and Budget, aims to marry extreme austerity with his Christian values.The New York Times - 6d -
Work checks can cut illegal migration, says Cooper
The government has unveiled plans to expand work eligibility tests to workers in the "gig economy".BBC News - 4d -
Report: Arsenal eye forward who could be available at cut price in summer
Arsenal are reportedly in talks over the possibility of signing Liam Delap, with it thought that the young striker is ready to leave Ipswich Town in the upcoming summer transfer window.The Gunners ...Yahoo Sports - 4d -
Chuck Schumer did the right thing — cut him some slack
It would be a mistake for Democrats to continue pillorying The minority leader, whose decision to avoid a government shutdown was not just the correct one for the country, but also politically for ...The Hill - 3d -
German inflation falls to 2.3% in March, backing bets for ECB rate cut
German inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country's statistics office Destatis showed Monday.CNBC - 3d -
Myanmar earthquake: China and others step into aid gap left by Trump cuts
US president accused of blowing up country’s ability to respond to disasters by removing funding. As aid from China, Russia, India and the UK begins to flow into Myanmar, there is a conspicuous gap ...The Guardian - 3d -
UK border security chief aims to cut small boat crossings by half
Martin Hewitt says there is ‘no quick answer’ to problems of irregular migration to BritainFinancial Times - 3d -
Trump Science Funding Cuts May Hurt Economy, Experts Say
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.The New York Times - 3d -
Cutting Medicaid would force even more hospitals to close
Medicaid isn’t only beneficial for the low-income Americans who rely on it.The Hill - 3d -
Trump administration cuts tens of millions of dollars from Planned Parenthood – live
HHS reportedly gives organization 10 days to prove that they’ll comply with orders that ban DEI and other initiatives. Immigration remains a strength for Donald Trump, but his handling of tariffs ...The Guardian - 3d -
New drug cuts down genetically inherited heart disease risk factor
An experimental drug decreases the genetically inherited heart disease risk by 94%.The Hill - 2d -
‘Chaos’: Trump cuts to Noaa disrupt staffing and weather forecasts
US climate agency upended as Doge efforts to slash federal government compromise email security. A sense of chaos has gripped the National Oceanic and Atmospheric Administration (Noaa), one of the ...The Guardian - 2d -
Trump Aid Cuts End Contraception Access for Millions of Women
The United States was a key supplier of contraceptives in many developing countries. The Trump administration has ended that support.The New York Times - 2d -
Entire staff responsible for utility aid included in HHS cuts, sources say
The Trump administration on Tuesday eliminated the entire staff of a federal program that helps low-income households pay utility bills, sources said.NBC News - 2d -
UK aid cuts are a ‘blow to Britain’s reputation’, David Miliband warns
Head of International Rescue Committee says reductions cannot come at worse timeFinancial Times - 2d -
Senate Republicans set to bypass parliamentarian on Trump tax cuts
Republicans are set to make the audacious play of bypassing the Senate parliamentarian and moving forward with a budget resolution based on a scoring baseline set by Budget Committee Chair Lindsey ...The Hill - 1d -
Trump's new tariffs set to go into effect amid widespread job cuts
President Donald Trump is set to unveil his long-promised reciprocal tariffs on foreign adversaries and allies that are set to go into effect immediately once they are announced on Wednesday. It ...NBC News - 1d -
Democrats intro bill to protect State Department from DOGE cuts
A new proposal on Capitol Hill takes aim at DOGE while proposing guardrails to reassert congressional oversight authority over the executive branch.ABC News - 1d -
Intermittent fasting or calorie cutting for weight loss? What a new study found.
Intermittent fasting has long been a controversial weight loss technique. A new study looks at how effective it is compared to daily calorie counting.CBS News - 1d -
A cutting-edge film festival returns, shining a light on two lost works
For the second edition of the local festival, two independent films from 1981, Jessie Maple's "Will" and Robina Rose's "Nightshift," receive belated attention.Los Angeles Times - 1d -
C.D.C. Cuts Threaten to Set Back the Nation’s Health, Critics Say
The reorganization that began on Tuesday will scale back an agency that has been a public health model around the world.The New York Times - 1d -
A Global Backlash to Trump’s Tariffs, and Deep Cuts to Public Health
Plus, a rare Beatles audition tape.The New York Times - 21h -
Recruiting Rumor Mill: Top prospects beginning to cut down lists
The recruitment of five-star edge defender Anthony Jones may be more open than initially thought.Yahoo Sports - 16h -
Collins 'concerned' budget language could lead to Medicaid cuts
Sen. Susan Collins (R-Maine), who will be one of the Democrats’ top political targets in 2026, says she is “concerned” about language in the budget resolution that she fears could result in ...The Hill - 17h -
UK cuts portion of foreign aid budget spent on asylum seekers in Britain
Costs have fallen because fewer hotels are being used and migrant returns have risen sharplyFinancial Times - 16h -
Disability advocates sue Social Security Administration and DOGE to stop service cuts
New Social Security Administration reforms under DOGE are unlawful and harmful to vulnerable beneficiaries who rely on the program, a new lawsuit alleges.CNBC - 14h -
While Competitors Contend With Tariffs, Ford Is Cutting Prices Even Deeper
The auto company has rolled out a promotional program to all U.S. shoppers.Inc. - 14h -
Senate advances blueprint for Trump tax cuts, other top priorities
The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump's tax agenda and other top priorities. Senators voted 52-48 to kick off ...The Hill - 9h -
Who's in danger of missing the cut at 2025 Valero Texas Open?
Max Homa's not the only big name in hot water after the first round at the Oaks Course.Yahoo Sports - 7h -
Timberwolves sale from Glen Taylor to Marc Lore, Alex Rodriguez agreed to, moving forward
Taylor tried to stop the $1.5 billion sale and the two sides ended up in arbitration, but the deal is now going through.Yahoo Sports - 16h -
Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 9h -
Musk’s Doge to fire all local workers and US diplomats from USAID, sources say
Unofficial Trump adviser’s cost-cutting team to finalize shuttering the foreign aid agency on which millions depend. US politics live – latest updates Elon Musk ’s cost-cutting team is ...The Guardian - 2d -
Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.CNBC - 2d