Latest in Since Doge Slashes
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Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020CNBC - 8h -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.CBS News - 7h -
DOGE onslaught pushed layoff announcements to highest point since 2020
An unofficial but closely watched gauge of the labor market found February had the most layoff announcements since early in the pandemic, led by massive federal workforce cuts.NBC News - 7h -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - Feb. 21 -
Tech cash flows to the US and VinFast slashes prices
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesFinancial Times - 13h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - Feb. 20 -
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Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Trump and Musk's slash-and-burn tactics are a sticking point in talks to prevent a shutdown
President Donald Trump and his billionaire adviser Elon Musk are taking a hatchet to federal agencies, using executive power to impose spending and job cuts that have sparked a polarizing debate in ...NBC News - Feb. 26 -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - Feb. 26 -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - Feb. 27 -
Trump Administration Pushes to Slash I.R.S. Work Force in Half
Losing half of its employees would severely strap the I.R.S., meaning Americans may have to wait longer to receive tax refunds.The New York Times - 1d -
'A hot mess': Federal office that resolves surprise medical bills slashed by Trump
Ending surprise medical bills used to be a Trump priority, but he just slashed the federal office working on that.ABC News - 1d -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 1d -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
Measles claims first U.S. victim since 2015
A school-age child in Texas has died from measles, marking the first U.S. death from the disease since 2015. It is the first death in a measles outbreak that has infected more than 120 people since ...CBS News - Feb. 27 -
Legge to be 1st woman to drive Cup since Danica
Katherine Legge will make her Cup Series debut at Phoenix Raceway, becoming the first woman to compete at NASCAR's highest level since Danica Patrick in 2018.ESPN - 3d -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - Feb. 23 -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - Feb. 25 -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - Feb. 26 -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - Feb. 26 -
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut.CNBC - 2d -
One AI Healthcare App Already Shows Benefits — By Slashing Doctors’ Office Drudgery
The Dragon Copilot AI app transforms clinicians’ questions and observations during consultations into data-enriched notes, summaries, and referrals — saving healthcare professionals hours of weekly ...Inc. - 2d -
Border Patrol slashed tires, detained legal residents in 'fishing expedition,' lawsuit alleges
An operation in Northern California led to arrests and removals of people regardless of citizenship or status, a recent lawsuit against Homeland Security and Border Patrol alleges.NBC News - 1d -
Trump's plans to slash IRS staff could derail agency amid tax season
The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce the size and scope of the federal government during ...The Hill - 11h -
Former Trump VA secretary: 'I don't know any system that slashes its way to excellence'
Former Secretary of Veterans Affairs David Shulkin said Thursday he did not “know any system that slashes its way to excellence” following Department of Veterans Affairs (VA) head Doug Collins's ...The Hill - 2h -
The Incompetence of DOGE Is a Feature, Not a Bug
A series of mistakes by DOGE shows just how arbitrary and destructive this slash-and-burn strategy can get.Wired - Feb. 20 -
Doge versus business
Fair competition, regulatory certainty, industry subsidies and financial security are all under attackFinancial Times - Feb. 24 -
DOGE’s Chaos Reaches Antarctica
Daily life at US-run Antarctic stations has already been disrupted. Scientists worry that the long-term impacts could upend not only important research but the continent’s delicate geopolitics.Wired - Feb. 27 -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - 2h -
Details on Luigi Mangione's first court appearance since December
The suspect in the murder of UnitedHealthcare CEO Brian Thompson, Luigi Mangione, will be back in a courtroom Friday for the first time since December. CBS News national correspondent Nikki ...CBS News - Feb. 21 -
Archaeologists Find a Pharaoh’s Tomb, the First Since King Tut’s, Egypt Says
The ministry of antiquities said the discovery of the tomb of Thutmose II, whose wife, Hatshepsut, took the throne after his death, was the first excavation of a royal tomb near the Valley of the ...The New York Times - Feb. 22 -
How Ukrainians are reacting to the three-year mark since Russia's invasion
Ukrainians are remembering Russia's invasions that began three years ago. This comes as President Trump's comments on the Ukraine-Russia war continue to reverberate around the world. CBS News' ...CBS News - Feb. 24 -
US consumer confidence plummets in February, biggest monthly decline since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said TuesdayABC News - Feb. 25 -
UK asylum claims hit highest level since 1979
More than 108,000 people claimed asylum in the UK in 2024, according to new statistics.BBC News - Feb. 27
