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Newsom calls for independent investigation of LA Department of Water and Power
California Gov. Gavin Newsom (D) called for an independent investigation of the Los Angeles Department Water and Power on Friday amid reported water supply issues during this week's wildfires. In ...The Hill - Jan. 10 -
DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target
The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.Inc. - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
Trump announces new ambassador, Justice Department, VA nominees
President-elect Trump announced on Thursday his latest batch of presumptive nominees to serve in his forthcoming administration. Trump announced his pick of Christine Jack Toretti, Pennsylvania’s ...The Hill - Jan. 10 -
Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its ...MarketWatch - Jan. 9 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
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 -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - Jan. 9 -
Can the Justice Department Survive a Trump Wrecking Ball?
Over the next four years, the rule of law will face a profound test.The New York Times - Jan. 9 -
Key moments to expect at Jimmy Carter's state funeral
Norah O'Donnell previews the special coverage of former President Jimmy Carter's state funeral, highlighting what to expect as the nation bids farewell to the 39th president at the Washington ...CBS 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 -
Before Elon Musk and DOGE, there was Jimmy Carter
Jimmy Carter's Inspector General Act of 1978 led to the creation of the Department of Justice's Inspector General, which has since issued reports critical of the FBI's role in the 2016 election, ...The Hill - 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 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - Jan. 8 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - Jan. 7 -
Lions expect Montgomery to be ready for playoffs
Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...ESPN - Jan. 7 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
Jimmy Carter's casket departs from the Carter Presidential Library
Watch as a departure ceremony is held for former President Jimmy Carter at his presidential library before his remains are transported to the U.S. Capitol to lie in state.NBC News - Jan. 7 -
DOGE is unconstitutional
Bizarrely, most people seem to be pretending that this is normal.The Hill - Jan. 7 -
Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - Jan. 7 -
Minneapolis Promises Police Overhaul in Deal With Justice Department
With only two weeks left in the Biden administration, officials hurried to finalize a plan in the city where George Floyd was murdered.The New York Times - Jan. 6 -
Pope Appoints Nun to Lead Vatican Department
Sister Simona Brambilla was appointed as the prefect of a Vatican office that oversees religious orders, but she may not be alone at the top.The New York Times - Jan. 6 -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - Jan. 5 -
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - Jan. 4 -
Justice Department resolves investigation of Antioch Police Department over racist texts
The Department of Justice announced on Friday it has resolved a biased policing investigation of California's Antioch Police Department, where racist texts allegedly sent by officers sparked ...NBC News - Jan. 4 -
Trump taps ex-Fox News contributor to join State department
President-elect Trump announced Friday that former Fox News contributor Tammy Bruce is slated to join his State Department later this month. “It is my great honor to announce that Tammy Bruce will ...The Hill - Jan. 4 -
WATCH: 2025 Golden Globes’ predictions and what to expect
ABC News’ Will Ganss and senior entertainment reporter at ESPN's Andscape Kelley Carter discuss the kickoff to awards season.ABC News - Jan. 3 -
Don’t bet against the Department of Government Efficiency on deregulation
DOGE, the new Department of Government Efficiency, is being criticized by insiders for its lack of regulatory expertise, but supporters argue that it can succeed by empowering agency insiders to ...The Hill - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Former GOP lawmaker: DOGE should focus on fixing Congress
Former Rep. Mike Gallagher (R-Wis.) penned a Thursday op-ed in The Wall Street Journal urging Elon Musk and Vivek Ramaswamy to initially focus their push to cut government spending on Congress if ...The Hill - Jan. 2 -
Watch live: Las Vegas Police Department gives update on Cybertruck explosion
The Las Vegas Metropolitan Police Department (LVMPD) will brief the press Thursday afternoon on their investigation into a Tesla Cybertruck that exploded early Wednesday morning in front of ...The Hill - Jan. 2 -
All Democrats expected to participate in Speaker’s vote
All Democrats are expected to be in the Capitol on Friday for the vote to seat the next Speaker of the House, according to the Democratic whip’s office. The full participation of Democrats is ...The Hill - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
Justice Department asks Supreme Court to reinstate anti-money laundering law
The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the ...The Hill - Dec. 31