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Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Elon Musk lavishes praise on Germany’s far right co-leader
Billionaire uses livestream on his X platform to urge Germans to vote for Alice Weidel’s Alternative for Germany in federal electionsFinancial Times - Jan. 9 -
Joe Biden speaks for a vanishing age in eulogy praising Jimmy Carter’s decency
Memorial service heard of humility and integrity amid a hyper-partisan, smash-mouth political landscape of 2025. Biden hails Carter’s strength of character in eulogy Jimmy Carter funeral: in ...The Guardian - Jan. 9 -
Elon Musk heaps praise on AfD’s Alice Weidel during live talk on X
X owner and far-right politician appear to agree on everything, as Musk faces accusations of meddling in German election. Elon Musk has praised the co-leader of Germany’s far-right Alternative für ...The Guardian - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Musk: Cutting $2T through DOGE ‘best-case outcome’
Tesla CEO Elon Musk said Wednesday that the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading. “I ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Dwyane Wade praises Notre Dame's Hannah Hidalgo after watching her duel with Paige Bueckers, UConn
Wade is fond of Hidalgo's tenacity on the courtCBS Sports - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Egypt unveils ancient rock-cut tombs and burial shafts in Luxor
Egypt has unveiled several discoveries near the famed city of Luxor including ancient rock-cut tombs and burial shafts dating back 3,600 yearsABC News - Jan. 8 -
Meet the U.S. trio aiming for Barcelona stardom
USMNT hopefuls open up on life inside soccer's ultimate finishing school: Barcelona's La Masia academy.ESPN - Jan. 8 -
Glass of milk a day cuts bowel cancer risk - study
Dark leafy greens, bread and non-dairy milks containing calcium were also found to offer protection.BBC News - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Mexico-U.S. Migration: What to Know
Donald J. Trump has said that Mexico is allowing an “invasion” of migrants into the United States. But the current situation on the ground tells a different story: Unlawful crossings at the ...The New York Times - Jan. 8 -
U.S. Presses for Release of Americans Held in Afghanistan
The White House has discussed a possible swap with the Taliban for a prisoner at Guantánamo Bay, according to people familiar with the matter.The New York Times - Jan. 7 -
Jimmy Carter's casket taken into U.S. Capitol
Former President Jimmy Carter's casket was carried into the U.S. Capitol and into the Rotunda where he will lie in state until his funeral service on Thursday. Carter died at 100 and lived longer ...CBS News - Jan. 7 -
Jimmy Carter's casket arrives at the U.S. Capitol building
A military funeral procession arrived at the U.S. Capitol building Tuesday, with a horse and carriage carrying former President Jimmy Carter's casket. The motorcade route through Washington, D.C., ...CBS News - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
Jimmy Carter's casket arriving at U.S. Navy Memorial
A horse-drawn caisson is awaiting former President Jimmy Carter's casket at the U.S. Navy Memorial for a procession to the Capitol. CBS News' Ed O'Keefe reports.CBS News - Jan. 7 -
Jimmy Carter to be honored in service at U.S. Capitol
Republicans and Democrats in Washington, D.C., have united to honor former President Jimmy Carter as his casket heads to Capitol Hill to lie in state. CBS News' Nikole Killion has more on the plans.CBS News - Jan. 7 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Biden praises Trudeau: 'I am proud to call him my friend'
President Biden praised Canadian Prime Minister Justin Trudeau, recounting a variety of issues the leaders worked on together over the years and emphasizing he is “proud to call him my friend.” ...The Hill - Jan. 7 -
First U.S. bird flu death reported in Louisiana
A Louisiana resident has died after being hospitalized last month with bird flu. There have been 66 human cases of bird flu reported in the U.S. since the current outbreak started in April. "CBS ...CBS News - Jan. 7 -
Bet365 boss takes big pay cut but still makes £158m
Denise Coates has been credited with the rapid rise of the online gambling firm.BBC News - Jan. 7
