Latest in Federal Reserve Cuts
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Powell warns Fed could face rising inflation and weaker labor market, will wait on rate cuts
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is weakening, Fed Chair Jerome Powell said Wednesday.MarketWatch - 5h -
Is college still worth it? It is for most, but not all, Federal Reserve finds
Earning a four-year degree is almost always worthwhile, but the return on your investment depends on several key factors.CNBC - 9h -
To Fight Federal Job Cuts, Energy Experts and States Try a New Argument
In letters to multiple agencies, the focus is on how job reductions at E.P.A., Interior and other agencies would hurt President Trump’s “energy dominance” agenda.The New York Times - 2d -
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.CBS News - 54m -
A Harvard Scientist’s Tuberculosis Research Is Threatened by Trump’s Cuts
Researchers who have lost funds warned of long-term repercussions, but several said their school should still refuse to comply with the federal government.The New York Times - 1h -
'Higher inflation and slower growth': Powell warns of tariff impact
Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic ...NBC News - 6h -
Many HBCUs need government funding but some are preparing for a future without it
Colleges across the country are facing battles with the federal government over funding, but similar cuts and the potential elimination of the Education Department may be existential for ...NBC News - 5h -
Meta CEO Mark Zuckerberg wraps up testimony in antitrust case
Meta CEO Mark Zuckerberg is emphasizing that he bought Instagram and WhatsApp because he liked the companies — not to cut competition as the Federal Trade Commission alleges in a historic antitrust ...ABC News - 5h -
Federal housing agency refers NY Attorney General James to DOJ for investigation
A letter from the Federal Housing Finance Agency alleges that James "appears to have falsified records" in order to "receive favorable loan terms."ABC News - 6h -
Biden calls out Trump administration's efforts to cut Social Security
During his first public speech since leaving office, former President Joe Biden called out the Trump administration’s efforts to cut Social Security. In less than 100 days the new administration ...NBC News - 1d -
Brown University to see federal funding halted by Trump administration
A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown UniversityABC News - Apr. 3 -
Unions Form Pro Bono Legal Network for Federal Workers Targeted by Trump
Organized labor has taken a leading role in challenging the Trump administration’s downsizing agenda in court. A new service will offer more individualized representation.The New York Times - 7h -
2 Judges Order Federal Agencies to Unfreeze Climate Money
The rulings are setbacks to Trump’s efforts to halt climate and environmental funding approved under the Biden administration.The New York Times - 7h -
Will Trump's tariffs crash TV's spring ad-selling party?
The timing of an economic downturn could lead to companies cutting their ad budgets.Los Angeles Times - 15h -
This federal rule helped clear air over America's most beloved parks. Trump's EPA wants to kill it
Outdoor enthusiasts are worried about the loss of their favorite vistas as President Donald Trump's administration considers weakening a 26-year-old rule designed to improve visibility over ...ABC News - 6d -
A New Mexico Man Faces Federal Charges for Allegedly Setting Fire to a Tesla Showroom
Jamison Wagner was also charged with an alleged arson attack on the New Mexico Republican Party’s office.Wired - 1d -
Federal judge calls Trump's order targeting prominent law firm a 'shocking abuse of power'
The legal battle over Susman Godfrey is part of an intensifying effort by Trump to target his critics and other perceived enemies.NBC News - 7h -
New Pact Would Require Ships to Cut Emissions or Pay a Fee
A draft global agreement sets a fee for cargo ships, which carry the vast majority of world trade, to pay for their greenhouse gas emissions.The New York Times - 5d -
DOGE Cuts Hobble Office That Would Aid NASA and SpaceX Mars Landings
The Astrogeology Science Center, which has helped astronauts and robots reach other worlds safely, is facing a substantial number of job reductions.The New York Times - 2d -
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.The New York Times - 2d -
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.The New York Times - 1d -
How Trump Might Unwittingly Cut Emissions From Online Shopping
Fast fashion retailers rely heavily on shipping by air. The president’s tariffs could change that.The New York Times - 1d -
US ‘paradise’ base on alert as Europe braces for Trump’s Nato cuts
Key to alliance’s anti-missile shield, Rota is among 38 bases across Europe at risk of a withdrawal by WashingtonFinancial Times - 21h -
Trump’s Threats Force Powerful Institutions to Choose: Cut a Deal or Resist
In a hint of a shift in strategy, some of the country’s most powerful institutions have started choosing to resist.The New York Times - 2h -
UK advertisers cut spending for the first time in four years on tariff turmoil
More companies are reducing ad budgets than increasing them, trade body findsFinancial Times - 2h -
DOGE Cuts Pull AmeriCorps Volunteers Off of Disaster Relief Jobs
Workers for the National Civilian Community Corps were sent home due to “new operational parameters.” The program’s long-term fate is unclear.Wired - 4h -
RFK Jr. Offers Qualified Support for Measles Vaccination
In an interview with CBS, the health secretary also suggested he wasn’t familiar with massive cuts to state funding for public health.The New York Times - Apr. 10 -
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Global markets are bouncing back, but a new survey of company chiefs finds that they’re on edge and are looking to cut back on investment.The New York Times - 2d -
A Judge Threatened to Hold Trump Officials in Contempt
Also, Americans are being cut off from cheaper obesity drugs. Here’s the latest at the end of Wednesday.The New York Times - 4h -
Parents are ‘hunkering down financially’ to brace for Trump tariff impact
American families are cutting back on summer camps and vacations and delaying major purchases as they prepare to weather a trade war.MarketWatch - 1h -
Meta CEO Zuckerberg pushes back against FTC claims on Day 2 of trial
Meta CEO Mark Zuckerberg is in federal court for a second day in a landmark federal antitrust trial accusing Meta of being a monopoly.CBS News - 1d -
Amex GBT puts AI at the center of SOC automation, threat modeling, incident response
Amex GBT CISO David Levin is accelerating AI security, cutting false positives and speeding SOC response to anticipate and shut down threats.VentureBeat - 2d -
Elon Musk’s DOGE Team Building System to Sell ‘Gold Card’ Immigrant Visas
The project represents something of a shift in mission for Elon Musk’s initiative, from cutting government costs toward a new goal of generating revenue.The New York Times - 2h -
Trump questions Harvard's tax-exempt status after funding freeze
The federal government has frozen $2.2 billion in funding for the Ivy League school.CBS News - 1d -
In South Africa, a needle exchange program for drug users feels the effects of Trump's aid cuts
A secluded corner near South Africa’s capital is home to dozens of people with drug addictionABC News - Apr. 4 -
Measles exploded in Texas after stagnant vaccine funding. New cuts threaten the same across the US
The measles outbreak in West Texas didn’t happen just by chanceABC News - 3d -
Patients Cut Off From Cheaper Obesity Drugs as FDA Halts Sales of Copycats
U.S. regulators are trying to shut down the industry for compounded weight-loss drugs, which could result in higher costs or suspend treatment for patients.The New York Times - 11h -
Even with tariffs looming, Jim Cramer says consumer companies must cut prices
CNBC's Jim Cramer on Wednesday told investors it is likely consumer-oriented companies will be compelled to lower prices.CNBC - 2h -
OpenAI’s new GPT-4.1 models can process a million tokens and solve coding problems better than ever
OpenAI launched a new family of AI models this morning that significantly improve coding abilities while cutting costs, responding directly to growing competition in the enterprise AI market. The ...VentureBeat - 2d