Latest in Musk Cuts
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Musk draws skepticism with call for $2 trillion in spending cuts
Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...Politics - The Hill - November 3 -
Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan
World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...World - The Guardian - 3 days ago -
Will Elon Musk be able to cut $2 trillion from US government spending?
The Tesla CEO claimed he could slash US spending by eradicating “waste”.Top stories - BBC News - 2 days ago -
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...Business - The New York Times - 9 hours ago -
Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'
Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.Business - The Wall Street Journal - October 21 -
If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare
Musk is talking big cuts. Something’s got to give.Business - MarketWatch - October 29 -
Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - October 30 -
Possible Trump Treasury secretary says he'd work with Musk to cut federal spending
Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...Politics - The Hill - October 30 -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Meet the Candidate: Elon Musk
The billionaire is spending a fortune to support former President Donald J. Trump. But at a town hall event in Pennsylvania, he looked an awful lot like a politician himself.Top stories - The New York Times - October 18 -
Elon Musk's many hats
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What a Trump win could mean for Musk's businesses Elon Musk is wearing multiple hats this election ...Politics - The Hill - October 22 -
Musk under DOJ scrutiny
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk pauses $1M giveaways after DOJ warning Elon Musk's super PAC halted its daily $1 million giveaways ...Politics - The Hill - October 24 -
Judge greenlights Musk giveaways
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk's $1M giveaways can continue, judge rules A Pennsylvania judge refused the Philadelphia district ...Politics - The Hill - November 4 -
Musk's big bet
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Elon Musk's big bet pays off Elon Musk's massive bet on former President Trump appears to have paid off, ...Politics - The Hill - November 7 -
Elon Musk goes to Washington
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - 4 days ago -
Musk vs. DC
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk's cost-cutting panel headed for hurdles Elon Musk and Vivek Ramaswamy are set to take the reins of ...Politics - The Hill - Yesterday -
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 -
Elon Musk's PAC Is Buying Ads for Donald Trump on Elon Musk's X
America PAC purchased ads yielding tens of millions of impressions on X between July 8 and October 1, according to the platform’s ad disclosure data.Tech - Wired - October 21 -
Are Elon Musk and Vladimir Putin Talking?
The billionaire has reportedly been in regular contact with the Russian president, heaping more scrutiny on the power and influence the entrepreneur wields over the U.S. government.Business - The New York Times - October 25 -
Musk super PAC resumes sweepstakes
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, DOJ on collision course over $1M sweepstakes Elon Musk and the Department of Justice (DOJ) appear ...Politics - The Hill - October 25 -
Musk’s gamble on Trump pays off
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - November 6 -
Musk joins Trump in D.C. for meetings
Elon Musk joined Donald Trump in Washington, D.C., for meetings with Republicans in Congress before the president-elect's transition meeting with President Biden. Musk and Trump's bond remains as ...Top stories - CBS News - 2 days ago -
Musk and Trump, a Bond Made in Merch
Get ready for the DOGE store.Lifestyle - The New York Times - 10 minutes ago -
Thune faces first Trump loyalty test
So far, it seems like the Senate’s leader-in-waiting and other Republicans are giving the president-elect wide latitude on his picks.Politics - Politico - Yesterday -
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17 -
Titans cut safety Adams, honoring his request
The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.Sports - ESPN - October 17 -
Tourism hotspot cuts council tax on second homes
Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.Top stories - BBC News - October 17 -
Parents fight to stop cuts to school transport
North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.Sports - Yahoo Sports - October 18 -
Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.Top stories - BBC News - October 20 -
Passengers stuck on planes and homes without power
Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.Top stories - BBC News - October 20 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Trudeau announces sharp cuts to Canada's immigration targets
The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.Top stories - BBC News - October 24