Latest in Cutting Foreign Aid
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Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
How the Red Cross is aiding Los Angeles area residents as fires burn
Sean Inoue, the executive director of the American Red Cross Western Los Angeles Chapter, joins CBS News with more on the resources available for thousands of California residents forced to ...CBS News - Jan. 9 -
Businesses offer aid to people affected by Los Angeles wildfires
Some businesses are offering free emergency shelter and other services to residents who have been displaced by the Los Angeles fires.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Latest news on California wildfires as looters arrested, FEMA promises aid
The wildfires in California have forced at least 179,000 people to evacuate as at least three of the five fires continue to roar. FEMA officials are prepared to provide federal aid to those ...CBS News - Jan. 9 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - Jan. 9 -
Trump expected to tap GOP House Foreign Affairs Africa director for NSC post
President-elect Trump is expected to tap Joe Foltz, staff director for the Republican side of the House Foreign Affairs subcommittee on Africa, to lead the Africa desk at the National Security ...The Hill - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Biden administration gives $500m to Ukraine in final military aid package
US defense secretary says ‘Ukraine’s fight matters to all’ when revealing aid bundle days before Trump’s return. The Biden administration has given its final injection of military support to ...The Guardian - Jan. 9 -
As U.S. announces new Ukraine aid package, Zelenskyy says send troops
Ukraine's leader says partners sending ground troops would help "force Russia into peace," as America's European allies ponder Trump's next move.CBS News - Jan. 9 -
UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - Jan. 9 -
Musk: Cutting $2T through DOGE ‘best-case outcome’
Tesla CEO Elon Musk said Wednesday that the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading. “I ...The Hill - Jan. 9 -
In their final meeting, Zelenskyy, Austin say military aid to Ukraine must continue
Ukrainian President Volodymyr Zelenskyy and U_S_ Defense Secretary Lloyd Austin used their final meeting in Germany to press the incoming Trump administration to not give up on Kyiv’s fight, ...ABC News - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Musk emerges as Trump foreign policy wild card
Elon Musk has increasingly waded into foreign politics from the perch of his social platform X — a development that experts say likely raises questions for U.S. allies about his role in foreign ...The Hill - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Biden cancels trip to Italy, meant as final foreign visit, amid California wildfires
President Joe Biden on Wednesday canceled the final overseas trip of his presidency just hours before he was set to depart for Rome and the Vatican, choosing to remain in Washington to monitor the ...ABC News - Jan. 9 -
Biden aides express optimism about Gaza ceasefire negotiations
President Joe Biden aides are once again expressing hope that Israel and Hamas could be close to reaching a deal for a ceasefire in Gaza and the release of hostages held by the terrorist group.NBC News - Jan. 9 -
Israel's Defense Industry Booms on Foreign Demand and War at Home
Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.The Wall Street Journal - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Musk's foreign expedition
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk emerges as Trump foreign policy wild card Elon Musk has increasingly waded into foreign politics ...The Hill - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Jeffries: Congress should extend aid to California if necessary
House Minority Leader Hakeem Jeffries (D-N.Y.) said Wednesday that lawmakers are prepared to move quickly on emergency disaster relief if necessary for California as the state battles deadly ...The Hill - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Egypt unveils ancient rock-cut tombs and burial shafts in Luxor
Egypt has unveiled several discoveries near the famed city of Luxor including ancient rock-cut tombs and burial shafts dating back 3,600 yearsABC News - Jan. 8 -
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Glass of milk a day cuts bowel cancer risk - study
Dark leafy greens, bread and non-dairy milks containing calcium were also found to offer protection.BBC News - Jan. 8 -
Foreign tourists among three dead after Rottnest Island seaplane crash
Privately owned Cessna 208 Caravan 675 plane was carrying seven people when it crashed off Western Australia coast. Follow our Australia news live blog for latest updates Get our breaking news ...The Guardian - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Jimmy Carter’s human rights legacy in US foreign policy
The Carter administration administration marked a break from the Cold War-era policies of prioritizing strategic interests over moral values, advocating instead for a foreign policy that emphasized ...The Hill - Jan. 7