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12:30 Report — Mexico tariffs delayed; What’s happening with USAID?
{beacon} 12:30 REPORT It’s Monday. We made it to February.💕 Beyoncé announced her tour dates for this year. She’s coming to D.C. in July! (Here’s her Instagram announcement.) In this edition: U.S. ...The Hill - 1d -
'We are terrified': Musk puts USAID through 'wood chipper'
The U.S. Agency for International Development (USAID) is being gutted by tech billionaire Elon Musk’s cost-cutting operation in a shocking operation that launched over the weekend. In the wake of ...The Hill - 1d -
USAID to merge into State Department with major budget cuts
The U.S. Agency for International Development will be folded into the State Department, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has the latest.CBS News - 1d -
What to know about Trump, Musk and USAID
Staffers at the U.S. Agency for International Development, also known as USAID, were told to stay home Monday and billionaire Trump adviser Elon Musk says the agency is on the verge of being shut ...CBS News - 1d -
Musk says administration is on verge of shutting down USAID
Elon Musk, the administration's billionaire adviser and Tesla CEO, says the administration is on the verge of shutting the U.S. Agency for International Development.CBS News - 1d -
Musk: Trump 'agreed' USAID should be shut down
Tech billionaire Elon Musk said early Monday that President Trump has “agreed” to shut down the U.S. Agency for International Development (USAID), which administers billions of dollars of ...The Hill - 1d -
Musk takes aim at USAID and top moments from the Grammys: Morning Rundown
Musk says he and Trump have agreed to shut down USAID down.NBC News - 1d -
Elon Musk says he and Trump are shutting down USAID
Tech billionaire Elon Musk said Monday that he and President Donald Trump were in the process of shutting down the USAID, escalating their war on the federal bureaucracy.NBC News - 1d -
Elon Musk says USAid is ‘beyond repair’ and he is working to shut it down
Billionaire says in social media discussion that Donald Trump agrees the world’s largest single donor should be shut down. Elon Musk, who is heading Donald Trump’s efforts to shrink the federal ...The Guardian - 1d -
Two top security officials at USAID placed on leave, sources say
USAID Director for Security John Vorhees and Deputy Director for Security Brian McGill were put on leave last night, two sources confirmed to CBS News.CBS News - 2d -
Musk calls USAID a 'criminal organization' that should 'die'
Tech billionaire Elon Musk said he believes the U.S. Agency for International Development (USAID) is a “criminal organization” that should “die.” “USAID is a criminal organization. Time for it to ...The Hill - 2d -
Future of USAID uncertain
Sources tell NBC News that more than a thousand civil workers and contractors with USAID have been placed on leave as the agency has become a target of Elon Musk and his Department of Government ...NBC News - 2d -
USAid website offline as Trump moves to put agency under state department
Move would threaten life-saving global humanitarian aid programs, from HIV/Aids treatments to clean water access. The website for the US Agency for International Development, or USAid, appeared to ...The Guardian - 3d -
The future of USAID remains uncertain amid Trump's funding freeze
Just one week after the Trump administration initiated a near-total freeze of U.S. foreign aid, the future of the U.S.NBC News - 3d -
Trump ally Peter Marocco behind evisceration of USAid: ‘He’s a destroyer’
Campaign ally sowed trail of enmity during first Trump presidency and allegedly was present at January 6 riot. The Trump administration’s evisceration of US overseas aid has been presided over by ...The Guardian - 3d -
Democrats slam Trump over reports he'll merge USAID with State Department
Democrats on Friday slammed President Trump over recent news reports that he is considering merging the U.S. Agency for International Development (USAID) with the State Department. “It is ...The Hill - 4d -
Foreign aid freeze leads to USAID staff suspensions, contractor terminations
Approximately 60 senior staff within USAID have been suspended, leaving the agency without clear leadership, five sources familiar with the internal action told CBS News.CBS News - Jan. 28 -
Charities reeling from USAid freeze warn of ‘life or death’ effects
Abrupt order has done ‘serious damage’, say experts, with supply chains halted, HIV clinics struggling to source drugs and refugee camps facing loss of vital services. Clinics in Uganda are ...The Guardian - Jan. 28 -
More than 50 career civil servants at USAID are placed on administrative leave
The action targeted senior leadership across the agency, including top lawyers, three sources told NBC News.NBC News - Jan. 28 -
Trump cuts Fauci's security detail
President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...The Hill - Jan. 24 -
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.The New York Times - Jan. 23 -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - Jan. 17 -
Rahm misses cut, McIlroy struggles in Dubai
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.ESPN - Jan. 17 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Missile Attack Prompts Emergency Power Cuts in Ukraine
President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.The New York Times - Jan. 15 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
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 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7