Latest in Likely Major Cuts
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How likely are major cuts from Trump, Musk and Ramaswamy's "DOGE"
President-elect Donald Trump's Department of Government Efficiency, headed by Elon Musk and Vivek Ramaswamy, has vowed to cut $2 trillion in government spending. CBS News MoneyWatch correspondent ...Top stories - CBS News - 7 hours ago -
Trump Will Likely Cut the Ribbons on Biden’s Factories and Infrastructure Projects
The outgoing president funded new plants and big economic initiatives, but his successor may be able to put his name on the finished products.Business - Inc. - November 12 -
Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.Business - CNBC - October 25 -
Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely
The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists saidBusiness - MarketWatch - October 28 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - November 7 -
Jets' kicker surprisingly gets cut after perfect game in Week 9: Here's who will likely be kicking in Week 10
The Jets are going to have a new kicker for the third straight weekSports - CBS Sports - November 8 -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - October 29 -
Republicans capture Senate majority
Republicans on Tuesday captured the Senate, Decision Desk HQ projects, ending their painful four-year stretch in the minority. The victories come as a welcome relief to Republican senators after ...Politics - The Hill - November 6 -
The silent majority rises
America was becoming polarized, and Republicans were able time and again to call upon their silent majority to deliver them victory.Politics - The Hill - November 11 -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
Will Democrats be able to claim the House majority?
With about 54 seats in the House yet to be called, Democrats are hopeful that they can claim the House majority by winning over swing districts in New York and California. In several battleground ...Top stories - NBC News - November 6 -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - November 12 -
Thune elected Senate majority leader
Sen. John Thune (R-S.D.) has been elected Senate majority leader, setting the stage for him to replace retiring Sen. Mitch McConnell (R-Ky.), who has held the top Senate GOP leadership job for the ...Politics - The Hill - 6 days ago -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Associated Press to Cut Staff by 8%
The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.Business - The New York Times - Yesterday -
A Major Push to Protect Nature Is Happening Now
Delegates from around the world are meeting in Colombia in what is expected to be the biggest U.N. biodiversity conference in history.World - The New York Times - October 21 -
Moldovans back joining the EU by razor-thin majority
Final result sees ‘yes’ vote scrape ahead by 13,000 votes, narrowly avoiding shock setback for pro-western president. Moldovans have voted by a razor-thin majority in favour of joining the EU after ...World - The Guardian - October 21 -
DOD, FBI investigating suspected major intelligence leak
The Defense Department and the FBI are investigating what could be a significant intelligence breach about Israel's plans to strike Iran.Top stories - ABC News - October 22 -
HSBC divides into four businesses in major overhaul of operations
Chief executive Georges Elhedery also announces east-west split in effort to cut costs and navigate geopolitical tensions. Business live – latest news updates HSBC’s new chief executive, ...World - The Guardian - October 22 -
Body found in major police search for missing mother
Police searching for Victoria Taylor say they have found a body in the River Derwent.Top stories - BBC News - October 22 -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
Terrorist Attack Hits Major Defense Facility in Turkey
Several people were killed in a suspected terrorist attack at the Turkish Aerospace Industries’ headquarters near the country’s capital, according to Turkish authorities.World - The Wall Street Journal - October 23 -
Majorities back early voting, voter verification: Gallup
Large majorities of Americans back photo ID laws for voting and rules that allow people to vote early, according to a new Gallup poll. The poll found 84 percent of Americans back having “all ...Politics - The Hill - October 24 -
These are the major newspapers that have and haven't endorsed Trump and Harris
For the past 30 years, The Washington Post has endorsed presidential candidates. But not this year.Politics - The Hill - October 27 -
Japan plunged into political turmoil after voters punish ruling LDP
Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majorityBusiness - Financial Times - October 28 -
Japan Election: Governing Party Projected to Lose Majority
The Japanese electorate appeared to punish the Liberal Democrats, leaving it unclear whether the party would be forced to expand its coalition to stay in power.World - The New York Times - October 27 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Harris makes major push to boost turnout in Philadelphia
Vice President Kamala Harris spent Sunday campaigning in Philadelphia as part of a major push by her campaign to boost turnout before Election Day and potentially win battleground Pennsylvania, ...Politics - NBC News - October 27 -
Sarnia Sting Fined For Exceeding Fighting Majors In A Game
The Sarnia Sting organization has been fined following events that transpired in their game against Flint on Oct. 23Sports - Yahoo Sports - October 26 -
Four open seats complicating Democrats' path to the majority
The Democratic effort to flip control of the House in next week’s elections has been complicated by key retirements that have expanded the battleground for Republicans in the final stretch of the ...Politics - The Hill - October 30 -
The state of the 2024 race in two major battleground states
Vice President Kamala Harris and former President Donald Trump spent Thursday in battleground states Arizona and Nevada to try to court voters less than a week from Election Day. CBS News executive ...Top stories - CBS News - October 31 -
Repression Intensifies in the Country Hosting a Major Climate Meeting
Human rights watchdogs say Azerbaijan is in the midst of a vicious campaign of repression. But in global geopolitics, this energy-rich Caucasus country now has a lot of leverage.World - The New York Times - November 1 -
Sydney to Become Seventh World Major Marathon in 2025
The Sydney Marathon has joined the ranks of New York, Boston, Chicago, London, Berlin and Tokyo, receiving a designation reserved for the most elite races in the world.World - The New York Times - November 5 -
Major Garrett on key themes as voters cast ballots
As voters decide who will lead the nation, Major Garrett breaks down the top issues, what's at stake, and what to expect as the results roll in.Top stories - CBS News - November 5 -
Watch a recap of the major turning points in the 2024 campaign
The 2024 presidential election has been like none other in history and has moved so quickly with the nation experiencing a lot in a short period of time. NBC’s Kate Snow shares a recap of the race ...Top stories - NBC News - November 5 -
Republicans retake control of US Senate
Republicans gain three seats, guaranteeing them at least 52 out of 100 in the new upper chamber.Top stories - BBC News - November 6 -
Republicans win majority in the Senate, CBS News projects
Republicans will take control of the Senate after Sen. Deb Fischer's victory in Nebraska, CBS News projects. CBS News' Scott MacFarlane, John Dickerson and Margaret Brennan break down how the GOP ...Top stories - CBS News - November 6