U.s Cutting - QuikReader

Iran praises U.S. for cutting foreign aid funding

Iran’s government seems to be welcoming some recent decisions by the United States — even though they happen to come from a man Iranian operatives have allegedly been plotting to assassinate.

NBC News - 11h

What cutting USAID could cost America?

The Trump administration’s moves to dismantle USAID has stoked fears that America will lose its standing on the world stage as rival powers fill the void.

NBC News - 1d

Snip, snip: Spending cuts are coming

The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion f

The Hill - 1d

Cuts to maths are a national miscalculation

I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitions

Financial Times - 1d

USAID to merge into State Department with major budget cuts

The U.S. Agency for International Development will be folded into the State Department, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has the latest.

CBS News - 2d

Crucial highway cut off as Australian floods worsen

The floods in northern Queensland have killed one woman and forced thousands more from their homes.

BBC News - 2d

England’s councils expected to cut contributions to staff pensions

Local government scheme is in surplus by £85bn, according to consultant Isio

Financial Times - 2d

Extra £100m funding announced as police warn of cuts

Yvette Cooper says the cash is for more local officers but some forces say they still face budget shortfalls.

BBC News - 5d

Dems launch group to hit Trump on tax cuts

Organizers say the nonprofit will be backed by an eight-figure funding campaign.

Politico - 6d

Cardiff uni job cuts 'threaten supply of nurses'

Some lecturers at Cardiff University have begun getting letters advising them their post is at risk.

BBC News - Jan. 29

Morrisons warns Budget will mean deeper cuts

Supermarket is latest UK retailer to caution on Labour government’s tax increases

Financial Times - Jan. 29

European Central Bank to cut rates again with Trump threat and U.S. divergence in focus

"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."

CNBC - Jan. 29

Warren calls on Musk to stick to $2T in DOGE cuts

Sen. Elizabeth Warren (D-Mass.) is urging Elon Musk to stick with his original objective to cut $2 trillion in wasteful government spending. “After promising his Department of Government ...

The Hill - Jan. 28

CDC staff ordered to cut off communication with WHO

The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.

CBS News - Jan. 27

Power cuts and flood warnings as Storm Herminia hits

About 700 homes are without power and the Met Office is warning of heavy rain across Wales.

BBC News - Jan. 27

Trump cuts Fauci's security detail

President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...

The Hill - Jan. 24

What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

The New York Times - Jan. 23

Elon Musk's DOGE has a new cost-cutting target: the U.S. penny

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

CBS News - Jan. 22

Stripe cuts 300 jobs in product, engineering and operations

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.

CNBC - Jan. 21

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - Jan. 17

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.

ESPN - Jan. 17

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - Jan. 17

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Missile Attack Prompts Emergency Power Cuts in Ukraine

President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

The New York Times - Jan. 15

Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments

Financial Times - Jan. 15

Cutting aeroplane contrails is an easy climate win

Tackling these emissions should be simple, fast and cost-effective

Financial Times - Jan. 13

U.S. Companies Cut Diversity Efforts as Challenges Mount

At least six major U.S. companies modified their DEI policies last year.

Inc. - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Meta cutting DEI team, programs in broad shift

Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...

The Hill - 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

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

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

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - 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

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

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