Latest in Cuts Sow
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Elon Musk turns his sights to Social Security. Could he cut it?
For tens of millions of Americans, Social Security is the most vital federal program of allMarketWatch - 6d -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - 6d -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 6d -
Healthy Returns: What to know about Trump's NIH funding cuts
Here's what to know about Donald Trump’s NIH funding cuts. Americans are struggling with rising costs and high anxiety around reproductive care, a report says.CNBC - 6d -
Cuts to foreign aid scramble young public servants' career plans
Entry-level workers at USAID, other federal agencies and government-backed nonprofits are filing for unemployment and applying to private-sector jobs.NBC News - 6d -
Top N.I.H. Official Abruptly Resigns as Trump Orders Deep Cuts
Dr. Lawrence Tabak, the No. 2 official at the National Institutes of Health, did not give a reason for his departure.The New York Times - 6d -
House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - 6d -
When the pain hits home, Republicans balk at Trump's spending cuts and tariffs
From reducing NIH funding to slashing USAID to new tariffs, Republican lawmakers are beginning to speak out — carefully — against some of Trump's actions.NBC News - 6d -
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 - 5d -
Some mortgage rates cut below 4% as competition picks up
It's the first time mortgage deals with rates below 4% have been available since November.BBC News - 5d -
Porsche to cut 1,900 jobs in Germany as weak EV demand bites
Announcement comes as luxury-car maker warned of lower profitability, well below its long-term targetFinancial Times - 5d -
What is Doge and why is Musk cutting so many jobs?
US President Donald Trump’s new agency is tasked with slashing costs - but faces opposition.BBC News - 4d -
Jeff Bezos space firm Blue Origin to cut a tenth of jobs
The company is looking to trim manager ranks and focus on ramping up rocket launches.BBC News - 4d -
Sweeping safety-net cuts have GOP centrists questioning Johnson’s budget
Conservatives are no longer the only concern for House GOP leaders.Politico - 4d -
Sweeping safety-net cuts have GOP centrists questioning Johnson’s budget
Conservatives are no longer the only concern for House GOP leaders.Politico - 4d -
Republicans put health care cuts front and center to advance agenda
House Republicans are putting cuts to Medicaid at the top of their list of budget cuts to help pay for their wide-ranging agenda that spans tax cuts, energy production and border security. ...The Hill - 4d -
Federal employee layoffs begin after Trump and Musk order cuts
The United States government is beginning a new wave of mass firings following President Donald Trump and Elon Musk’s order for sweeping cuts. It comes as the Trump administration advised all ...NBC News - 4d -
CDC to lose one-tenth of workforce under Trump administration job cuts
Nearly 1,300 employees at the Centers for Disease Control and Prevention are being forced out under the Trump administration’s move to get rid of all probationary employeesABC News - 4d -
Jeff Bezos's Blue Origin to cut 10 percent of workforce
Jeff Bezos’s aerospace company Blue Origin plans to cut about 10 percent of its workforce, its CEO told staff Thursday, according to an email obtained by The Hill. The company is eliminating ...The Hill - 4d -
CDC's "disease detectives" halved as part of DOGE cuts at health agencies
More than 1 in 10 of the health agency's workers are being let go, including an entire new class of CDC Epidemic Intelligence Service officers.CBS News - 4d -
Hedge funds push UK watchdog for a post-Brexit cut in reporting rules
Industry lobbies for requirements on reporting of transactions in financial markets to be slimmed downFinancial Times - 4d -
Rep. Tim Burchett on DOGE and Elon Musk's effort to cut government
A federal judge in Washington, D.C., held a hearing Friday afternoon on the constitutionality of Elon Musk running the Trump White House's Department of Government Efficiency. Republican Rep. Tim ...CBS News - 4d -
Who missed the cut at the $20-million signature Genesis Invitational?
The Genesis Invitational is one of only three signature events with a halfway but.Yahoo Sports - 3d -
Cuts to U.S.-Backed Rights Groups Seen as a Win for China
U.S. funding for the promotion of democracy has been frozen, disrupting the work of groups that expose abuses in China. Chinese nationalists are celebrating.The New York Times - 4d -
DOGE Is Supposed to Be Cutting Government Spending. Its Budget Just Doubled
Elon Musk’s Department of Government Efficiency has already seen its total budgetary resources increase by 114%.Inc. - 3d -
In Trump’s Cuts to Aid and Refugees, a Clash Over Christian Values
Vice President JD Vance and the Pope square off, as faith-based groups face an existential crisis.The New York Times - 3d -
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 - 3d -
Ruben Amorim takes responsibility for big job cuts at Manchester United
Manager admits job losses are ‘affecting the environment’ Fresh blow as Amad Diallo ruled out for rest of season Ruben Amorim has acknowledged he and the first team must shoulder the blame for ...The Guardian - 3d -
IRS to Cut Thousands of Probationary Workers Amid Tax Season
It is unclear how many workers will be impacted by the layoff announcement plan.Inc. - 2d -
Elon Musk’s mass government cuts could make private companies millions
Defense and tech firms – including Musk’s own – await potential contracts as Doge decimates US agencies. The world’s richest man, Elon Musk , has vowed to oversee a radical hollowing out of ...The Guardian - 2d -
Elon Musk and DOGE upend government with firings, budget cuts
After Elon Musk's Department of Government Efficiency team wreaked havoc on the federal government with aggressive layoffs and budget cuts, the courts are now pushing back. NBC’s Yamiche Alcindor ...NBC News - 2d -
US scientists warn ‘critical work’ at risk from further Trump cuts
AAAS chief says more disruption risks undermining crucial healthcare and research, ahead of next month’s fiscal billFinancial Times - 2d -
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 - 2d -
‘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 - 1d -
Trump Cuts Hit FDA Employees in Tobacco, Food Safety and Medical Devices
Probationary employees across the FDA were told that their jobs were being eliminated.Inc. - 1d -
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The High-Profile N.F.L. Players Who Could Be Cut This Offseason
Don’t expect Davante Adams to return to the Jets, a columnist for The Athletic writes.The New York Times - 1d -
Republicans Want Lower Taxes. The Hard Part Is Choosing What to Cut.
House Republicans are preparing to adopt a plan that puts a $4.5 trillion limit on the size of the tax cut, but even that will not be enough for some of President Trump’s promises.The New York Times - 1d -
Trump’s USAID Cuts Halt Agent Orange Victims Program in Vietnam
Fifty years after the Vietnam War ended, President Trump’s gutting of foreign aid has halted American efforts to address a toxic legacy and build a strategic partnership.The New York Times - 1d -
Starmer vows to ‘spend more’ on UK defence but other areas face cuts
Departments asked to model savings of up to 11% as government battles chronic squeeze on public financesFinancial Times - 1d