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Lando Norris is fastest and Lewis Hamilton 13th as a power cut disrupts F1 testing
Lando Norris was fastest and seven-time champion Lewis Hamilton 13th as Formula 1 teams had to deal with a power outage that disrupted preseason testingABC News - 2d -
Trump wants a $5 million ‘gold card’ path to citizenship to cut U.S. debt. Here are the obstacles he’ll face.
President Donald Trump has proposed a new “Trump gold card” program that would provide foreign investors who put up at least $5 million with U.S. residency and a path to citizenship — but the plan ...MarketWatch - 2d -
Taser maker Axon brushes off DOGE budget-cut worries as stock rallies
The company is playing up up its prospects for international growth and its cloud-services businessMarketWatch - 1d -
Evening Report —Trump, Musk defend DOGE as federal workforce braces for more cuts
{beacon} Evening Report TRUMP FIRST 100 DAYS © Andrew Harnik, Getty Images Trump, Musk defend DOGE as federal workforce braces for more cuts PRESIDENT TRUMP AND ELON MUSK united to defend the work ...The Hill - 1d -
Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this weekABC News - 2d -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 2d -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - 1d -
VA pauses billions in cuts lauded by Musk as lawmakers and veterans decry loss of critical care
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service ...ABC News - 1d -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - 1d -
Trump’s latest DOGE order aims to cut costs through federal contracts, travel
President Trump on Wednesday signed an executive order directing agency leaders to work with staff from the Department of Government Efficiency (DOGE) to cut costs through contracts, employee ...The Hill - 1d -
Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - 1d -
Elon Musk's DOGE, federal cuts and Ukraine discussed at President Trump's first Cabinet meeting
On Wednesday, Elon Musk joined President Trump's first Cabinet meeting of his second administration. Meanwhile, the president also announced that he will host Ukrainian President Volodymyr ...CBS News - 1d -
Federal job cuts disrupt a stable retirement picture for many workers, including Black Americans
Black Americans are one of the groups with a higher than average share of federal jobs, which are valued for their benefits and stability.CNBC - 1d -
Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.CNBC - 23h -
Google announces layoffs in its HR, cloud units as part of ongoing cost cuts
The company has begun cutting from units in order to invest more in AI.CNBC - 21h -
State Dept. says some life-saving efforts spared from massive USAID cuts
The State Department said it would keep funding life-saving treatments for diseases like HIV, malaria and tuberculosis while ending over 90% of its contracts.CBS News - 20h -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 11h -
Minister resigns over cuts to overseas aid, saying move harms UK's reputation
Dodds delayed her resignation until after Keir Starmer's meeting with President Trump, saying he had needed a united cabinet.BBC News - 4h -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 2h -
This is a hard choice. We believe in foreign aid – but we have to make cuts. We must keep the UK safe | David Lammy
Putin’s Russia is a threat to all Europe, including the UK. Vital aid work will be hit as we spend more on defence, but we must deal with the world as it is. There are moments in history when ...The Guardian - 3d