Latest in Latest Cost Cutting
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Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.Los Angeles Times - 22h -
Judges order US government to rehire thousands of workers
Rulings are latest setback for Elon Musk’s cost-cutting driveFinancial Times - 6d -
Postal Service signs cost-cutting deal with DOGE
The United States Postal Service said it has signed a deal with the Department of Government Efficiency (DOGE) to cut costs at the agency. Postmaster General Louis DeJoy told congressional leaders ...The Hill - 6d -
Rune Aero uses Nvidia GPUs to cut virtual wind tunnel costs by 80%
Rune Aero is using Nvidia GPUs to cut virtual wind tunnel costs by 80%, bringing down costs of developing airplanes.VentureBeat - 1d -
Poll shows strong disapproval of Musk cost-cutting as US agencies end leases
‘Department of government efficiency’ to terminate 793 leases as poll says 60% of voters disapprove of Musk agency. US politics live – latest updates Donald Trump and Elon Musk face ...The Guardian - 6d -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - Mar. 9 -
Government debt costs in richest nations at highest since 2007
Payments by OECD countries outstrip amount spent on defence, police services and housing, report finds. Business live latest updates The cost of government debt payments in the world’s richest ...The Guardian - 4h -
Agent ordered to pay costs to former Chelsea director after losing High Court Case bid
Football agent Saif Alrubie has lost his latest court battle with former Chelsea director Marina Granovskaia and has been ordered to pay her £150,000 in costs.Yahoo Sports - 6d -
Heathrow looks at building shorter third runway in bid to cut costs
London’s hub airport is preparing a detailed expansion plan after winning government backingFinancial Times - Mar. 8 -
Want to cut Medicaid costs without hurting patients? Here’s an easy solution.
The establishment of a National No-Fault Medical Malpractice program for physicians and hospitals participating in Medicare and Medicaid is an easy, commonsense proposal that would preserve access ...The Hill - Mar. 8 -
Hammocks, hostels or house-sitting: how to cut costs on backpacking trips
There are plenty of ways to save money when travelling. Follow these tips and the world is your oyster, for longer. From staying with locals and sleeping in a hammock to clubbing together with ...The Guardian - Mar. 11 -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - Mar. 13 -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - 3d -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - Mar. 13 -
Nasa cuts raise fears of handing more influence to SpaceX owner Musk
Fired workers warn cuts including closing of two offices will undermine agency work and increase costs. The Trump administration ’s decision to shutter two offices at Nasa risks “dramatically” ...The Guardian - 2d -
Live like you're on 'The White Lotus' at this luxury resort — but it will cost you
The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery.NBC News - 3d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - Mar. 13 -
Judge orders Elon Musk and Doge to produce records about cost-cutting operations
The documents would ultimately inform whether Musk has been operating unconstitutionally to the extent Doge’s activities should be halted. Elon Musk and his so-called “department of government ...The Guardian - Mar. 13 -
AG Pam Bondi forms DOJ team to work with DOGE on cost-cutting efforts: Sources
AG Pam Bondi has established an internal DOJ team to work with Elon Musk's DOGE group to facilitate the review of the Justice Department's various divisions, sources say.ABC News - Mar. 13 -
More home builders cut prices to lure buyers put off by high costs
Builder sentiment fell to the lowest level in seven months, the National Association of Home Builders said.MarketWatch - 3d -
Morgan Stanley is the latest bank to trim its workforce. Here’s why.
Morgan Stanley plans to cut between 2% and 3% of its 80,000 global employees late this month, a person familiar with the matter said on Tuesday.MarketWatch - 1d -
Motta has limited time to save his Juventus job: why he wasn’t sacked after latest loss
Reports in Italy claim that another defeat against Genoa after the international break would cost Thiago Motta his job, but the ex-Italy midfielder hasn’t been sacked already for several reasons, ...Yahoo Sports - 3d -
Arsenal column: GENUINE interest in £100m star, latest on Alexander Isak links, & more
Gabriel transfer interest is genuine, but he should cost at least £100mThe interest from Saudi Arabia in Gabriel Magalhaes is nothing new, it dates back a couple of years now.In the summer of 2023 ...Yahoo Sports - 12h -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - 2d -
Is Trump reining in Musk after showdown with cabinet?
The president intervenes in a cost-cutting row after a reported clash at the White House.BBC News - Mar. 8 -
What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.
A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once.The New York Times - Mar. 11 -
DOGE’s Next Casualty? The Women’s Workwear Brand Dressing the D.C. Set
Elon Musk’s government cost-cutting efforts have unintentionally bled into the fashion world.Inc. - Mar. 12 -
Vanguard plugs ‘transformational’ idea for Europe ETF trading venue
Euronext’s plan to consolidate ETF trading on to one of its seven bourses would cut costs, senior executive saysFinancial Times - 1d -
Swiss National Bank makes quarter-point interest rate cut, cites 'low inflationary pressure'
Switzerland's central bank on Thursday announced its latest interest rate decision.CNBC - 6h -
When Is Daylight Saving Time?
The twice-yearly ritual has roots in cost-cutting strategies of the late 19th century. A recent effort to end it has stalled in Congress.The New York Times - Mar. 3 -
Tesla facilities across the country attacked in protest of Elon Musk
A wave of anti-Tesla attacks have occurred as Elon Musk takes a leading role in President Trump's cost-cutting task force known as DOGE.CBS News - Mar. 8 -
Meet the federal worker who went rogue: ‘I hope that it lights a fire under people’
To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucratsABC News - Mar. 10 -
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major fixes.MarketWatch - 6d -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 6d -
Social Security Employees Warn of Damage From DOGE
Current and former employees, both Republican and Democratic, are raising alarms about the damage cost-cutting efforts could do to the agency’s ability to serve the public.The New York Times - 1d -
South Africa plans to spend more on health and defense after US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of livingABC News - Mar. 12 -
‘Like a frog getting boiled’: Labour MPs feel the heat over £5bn welfare cuts
Starmer’s hopes of curbing a party rebellion over a policy seen as latest shift to the right will be put to the testFinancial Times - 23h -
A new car costs nearly $50,000 on average: Here’s how much you'd pay per month
The cost of a new car could set you back $1,000 per month—here’s how to lower costs.CNBC - Mar. 8 -
Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - 6d -
Early to bed: the best plants to prep now for the warmer months
By sending off now for seeds – pelargoniums, marigolds, sweet peas and cosmos among them – and sowing them under cover, you’ll cut your costs, but double your funFinancial Times - 6d