Latest in Forecast Cuts
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Snip, snip: Spending cuts are coming
The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion fThe Hill - 2d -
Cuts to maths are a national miscalculation
I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitionsFinancial Times - 2d -
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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 -
Rain headed for Southern California in weekend forecast
The new Laguna Fire prompted evacuations in California and 10 million people are under red flag warnings. NBC News’ Bill Karins details the weekend weather that is bringing much needed rain to ...NBC News - Jan. 23 -
Much-needed rain forecasted for Southern California this weekend
Rain in the forecast for Southern California this weekend could bring relief to firefighters battling wildfires. But it also brings risks of mudslides and toxic runoff.NBC News - Jan. 23 -
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 -
Travel 2025: The Forecast on Pricing is Mixed
Domestic airfares are on the rise, economy hotels are holding steady and cruise lines are favoring booking incentives over price cuts.The New York Times - Jan. 22 -
LA firefighters helped by lull in winds, but more fire weather in forecast
Crews make progress but strong winds anticipated in Los Angles basin next week, carrying potential peril. Another round of fire-provoking Santa Ana winds are anticipated to sweep across the Los ...The Guardian - Jan. 18 -
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 -
Latest weather forecast as landslide, toxic chemical concerns grow
There are fresh safety concerns in the Los Angeles area where wildfires destroyed many homes and businesses. This comes as firefighters take advantage of the break in strong winds to mitigate the ...CBS News - Jan. 17 -
Cold weather forecast prompts Trump to move inauguration indoors
Formalities to be moved inside the US Capitol for the first time in 40 yearsFinancial Times - Jan. 17 -
Extreme cold weather forecast for U.S.
Major football events in the U.S. will carry on in frigid temperatures that are expected nationwide. CBS News Bay Area meteorologist Jessica Burch has the latest weather forecast.CBS News - Jan. 17 -
Trump's inauguration will be held indoors due to frigid weather forecast
President-elect Donald Trump's inauguration ceremony is moving indoors to the Capitol rotunda because of a frigid weather forecast in the nation's capital Monday, the president-elect announced on ...NBC News - Jan. 17 -
IMF upgrades UK growth forecast and takes swipe at Trump plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy. • Business live – latest updates . The International Monetary Fund has upgraded ...The Guardian - Jan. 17 -
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.The New York Times - Jan. 17 -
Latest weather forecast as California winds weaken
Winds are dying down in the Los Angeles area where multiple fires roar. While no rain is forecasted, conditions may be more favorable for fire mitigation efforts. CBS News' Elise Preston reports ...CBS News - Jan. 16 -
Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - Jan. 16 -
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 -
Sub-freezing temperatures, sunshine forecast for Trump inauguration
Sub-freezing temperatures and sunshine are forecast for President-elect Trump’s inauguration Monday. The bitter cold follows a period of wintry weather in the Washington area that featured a few ...The Hill - Jan. 16 -
California fires weather forecast: Winds begin to relax, but forecast to return
The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.ABC News - Jan. 16 -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - Jan. 16 -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
At least 24 people dead in California wildfires with more high winds in forecast
The death toll from the wildfires that have scorched Los Angeles County has risen to at least 24. More high winds are in the forecast, threatening to fan flames further. CBS News correspondent ...CBS News - Jan. 13 -
Dangerous wind gusts forecasted as LA wildfires rage on
NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.NBC News - Jan. 12 -
California fires weather forecast: Strong winds expected to increase fire danger
There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.ABC News - Jan. 11 -
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 -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - Jan. 10 -
California fires weather forecast: Red flag warning to end Friday night
Strong Santa Ana winds are hitting fire-ravaged Los Angeles on Friday morning, but the winds will relax later in the day and the red flag warning will end Friday night.ABC News - 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 -
Heavy Snow and Ice Is Forecast for Southern U.S. on Thursday and Friday
Parts of Texas, Oklahoma and Arkansas began to see snowfall on Thursday as Southern states stretching to the Carolinas brace for the storm to reach them on Friday.The New York Times - Jan. 9 -
Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 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 -
California wildfire forecast: LA under critical fire risk with gusty winds forecast
High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.ABC News - Jan. 9 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8 -
California fire forecast: Wind speeds remain high as wildfires rage
A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.ABC News - Jan. 8