Latest in Medicaid Cuts Risk
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Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk
Tariffs are dampening consumer confidence and fears of a downturn seem to be weighing on the dollar. Business live – latest updates No sooner had historic 25% tariffs on imports to the US from ...The Guardian - 18h -
Bank of England governor says risks to UK, global economy from trade wars ‘substantial’ – as it happened
Andrew Bailey says ‘essential that we don’t abandon multilateralism;’ European stock markets, euro rally after Germany announces fiscal ‘bazooka’. German stock markets are surging while the ...The Guardian - 16h -
Restricting power across US-Canada border risks grid stability, watchdog warns
Any move to stymie electricity flows amid trade war would create a ‘big problem’, regulator NERC saysFinancial Times - 3h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22 -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - Feb. 21 -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - Feb. 21 -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Rubio’s Dilemma: Cutting Trump’s Deal With ‘Bloodthirsty’ Putin
As a senator, Marco Rubio prided himself on challenging tyrants. But as secretary of state, President Trump has tasked him with helping to potentially turn Russia from an enemy into an ally.The New York Times - Feb. 21 -
Dems demand answers on workforce safety cuts
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Dems demand answers on workforce safety cuts The top Democrats on the House Committee on Education and the ...The Hill - Feb. 21 -
Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - Feb. 21 -
Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - Feb. 22 -
Jim Jordan derides critics of federal workforce cuts
He cited an example from the Washington Post about a locksmith.Politico - Feb. 23 -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - Feb. 24 -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - Feb. 25 -
Trump administration cuts some election security workers
There have been sweeping changes at the Cybersecurity and Infrastructure Security Agency, which is tasked with protecting the U.S. from foreign meddling in elections. CBS News' Nicole Sganga reports.CBS News - Feb. 25 -
Amorim: Job cuts result of poor performance
Ruben Amorim has admitted that the Manchester United staff who are set to lose their jobs in the latest round of cut-backs are paying the price for the team's lack of success on the pitch.ESPN - Feb. 25 -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - Feb. 26 -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - Feb. 26 -
What to know about cuts at cybersecurity agency
The White House says federal agencies have until March 13 to present plans for large scale layoffs. Among the targets is the Cybersecurity and Infrastructure Security Agency, which defends ...CBS News - Feb. 26 -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - Feb. 27 -
Latest news on Trump's alarming EPA cuts remarks
The White House says President Trump mispoke when he alluded to deep staff cuts at the Environmental Protection Agency. This comes as a new budget plan passed in the House and fears remain about ...CBS News - 6d -
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Cuts at USAID and Elsewhere Strain Global Journalism
Investigative journalists around the world relied on funding from the U.S. Now, those watchdogs are scrambling to survive a sudden cash crunch.The New York Times - 6d -
Development minister resigns in protest at Starmer’s aid cuts
Move by Anneliese Dodds comes after prime minister announces plan to shift resources to defenceFinancial Times - 5d -
National Weather Service workers impacted by Trump cuts
{beacon} Energy & Environment Energy & Environment The Big Story How the NOAA firings could affect Americans' lives The Trump administration fired hundreds of employees at the National Oceanic ...The Hill - 5d -
Social Security Administration to Cut Roughly 7,000 Workers
The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.The New York Times - 5d -
Examining the potential ripple effects from DOGE cuts
A new report from Wired says that the Department of Government Efficiency's takeover of the federal bureaucracy is "worse than you think." Brian Barrett, the article's author and executive editor ...CBS News - 5d -
USAID cuts could send global health into chaos
The Trump administration's decision to end almost all foreign aid spending from the United States Agency for International Development (USAID) is poised to plunge global health into chaos. The ...The Hill - 3d -
How fast will the ECB cut interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
NOAA workers protest as job cuts continue
National Oceanic and Atmospheric Administration workers are protesting in Silver Spring, Maryland, as the Trump administration moves to cut hundreds of jobs. CBS News' Rob Marciano reports.CBS News - 2d -
Hegseth’s Plans to Reshape the Military Start With Cuts
At the same time, Republican lawmakers are aiming to add more than $100 billion to the Pentagon’s proposed budget, which would push military spending close to $1 trillion a year.The New York Times - 1d -
Target warns Trump’s tariffs could cut into profits
Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarterFinancial Times - 1d -
Waiting for a large new tax cut? GLWT
Behold, the messy sausage-making of US budgetsFinancial Times - 1d -
US aid cuts are expanding Chinese influence
China is rapidly filling the vacuum left by the Trump administration's decision to freeze and reduce foreign aid, using strategic lending and infrastructure investments to counter American ...The Hill - 1d -
Hegseth Cuts Pentagon Work on Preventing Civilian Harm
Employees at the Pentagon’s Civilian Harm Mitigation and Response office were told their jobs would be eliminated, as would advisory posts at operational commands.The New York Times - 1d -
Federal Cuts Came to Native Schools. Students Are Livid.
As the Trump administration trims the federal work force, students and educators at Haskell Indian Nations University in Kansas fear for the future of a school that was already facing troubles.The New York Times - 20h -
Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 19h -
Reeves's proposed cuts will trigger big political arguments
The briefing that Rachel Reeves will make large spending cuts this month is very significant.BBC News - 18h -
US cuts off intelligence sharing with Ukraine
Fresh blow to Kyiv as Trump administration shifts on conflictFinancial Times - 17h