How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local level, according to economists.
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I Used to Work at the IRS. Here’s How the Massive Job Cuts This Week Will Affect You
Is it a good time to cheat on your taxes given all the pink slips at the IRS?Inc. - 1d -
Trump, DOGE mass job cuts: Federal workers’ money questions answered
The Trump administration is terminating federal workers across agencies. Here’s what to know about your rights and finances if you were impacted by the cuts.CNBC - 2d -
DOGE cuts at 9/11 health program may impact first responders
Advocates for those sickened by toxins from the massive debris of 9/11 are calling on President Trump to immediately reverse cuts he made to the World Trade Center Health Program. Anthony Gardner, ...CBS News - 2d -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - 2d -
Trump job cuts could throw national parks and forests into 'staffing chaos'
The only locksmith at Yosemite National Park in California, the sole EMT ranger at neighboring Devils Postpile National Monument, an experienced sled dog musher in Alaska’s Denali National Park.NBC News - 2d -
Trump fires nation’s top-ranking military officer in latest job cuts
President Donald Trump fired the nation’s top-ranking military officer, the Joint Chiefs of Staff Chairman Gen. CQ Brown Jr. It’s the first of many more job cuts expected with thousands of ...NBC News - 1d -
NOAA braces for steep job cuts
{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...The Hill - 2d -
Federal worker fired by Trump administration talks about losing her dream job amid major cuts
Katie Sandlin thought she landed her dream job at the NIH as an educator. She spent her life savings to move from Alabama to just outside Washington, D.C. After only a few weeks on the job, she was ...CBS News - 2d -
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 - 2d -
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 - 2d -
Trump touts DOGE cuts at CPAC as he tells Elon Musk to 'get more aggressive'
Trump is scheduled to deliver remarks today at the Conservative Political Action Conference. He's spoken at the conference every year since 2016.NBC News - 1d -
Judge blocks Trump administration from terminating DEI-related grants
The judge found the administration's mandate that grant recipients not engage in "equity-related" programs was too broad.NBC News - 1d -
Much of the Black middle class was built by federal jobs. That may change.
Major cuts by the Trump administration, led by Elon Musk’s DOGE, are threatening a path to Black financial stability once offered by federal jobs.NBC News - 1d -
How Kash Patel may change the FBI
This morning marks the first full day in office for new FBI director Kash Patel. The longtime vocal Trump ally arrived at his new office Friday. Sweeping changes are expected under his leadership.CBS News - 1d -
Transportation Secretary Sean Duffy says FAA cuts won't affect flight safety
On his first full day as transportation secretary, Sean Duffy faced the deadliest U.S. aviation accident in more than 20 years. The midair collision near Washington, D.C., killed 67 people and just ...CBS News - 2d -
The Postal Service’s History Amid Trump’s Threats to Change It
Trump has mused about privatizing the postal service.Inc. - 1d -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - 2d -
Border Patrol chief discusses asylum policy changes, possible DOGE cuts
A new administration is bringing new changes to enforcement at the U.S-Mexico border as illegal crossings drop to a five-year low. Camilo Montoya-Galvez spoke to Michael Banks, the new chief of ...CBS News - 2d -
DOGE Cuts Hit Federal Workers Who Aren’t Funded by Taxpayers
Fees paid to agencies like the Food and Drug Administration and the FDIC fund part of their workforces, so cutting those jobs doesn’t save any tax money.Inc. - 2d -
Angry voters confront Republican congressman over DOGE cuts at town hall
Republican Rep. Rich McCormick of Georgia faced boos and jeers at a town hall Thursday night. His constituents, including Democrats, were angry over the Department of Government Efficiency slashing ...CBS News - 1d -
Multiple lawsuits challenging DOGE's efforts to cut federal government's size
The Trump administration is facing over 80 lawsuits that are making their way through the legal system. CBS News Department of Justice reporter Jake Rosen breaks down the latest developments.CBS News - 1d -
Could Elon Musk benefit from DOGE cuts at consumer protection watchdog?
Earlier this month, President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau. Lesley Stahl has more on the agency and the Trump administration's attempts to ...CBS News - 1d -
DOGE cuts at health agencies prompt 'brain drain' fears
The Trump administration's effort to reshape the federal government through Elon Musk and his Department of Government Efficiency (DOGE) is raising fears among public health experts, researchers ...The Hill - 11h -
DOGE cuts pose potential liability for GOP in Virginia elections
Cuts to the federal workforce under President Trump are threatening to roil Virginia’s off-year elections this November as Democrats seek to make them a political liability in the battle for ...The Hill - 5h -
Stock Market Sees Biggest Declines of Trump’s Presidency So Far
Fueling a 1.7 percent decline on Friday was an unexpected drop in the University of Michigan’s consumer sentiment index, as Americans worried about stubborn inflation.The New York Times - 2d -
International aid groups axe thousands of jobs in wake of Trump funding freeze
Fears that cuts will ‘decimate’ ability to react to crises as sector loses expertise and skills at every level, report finds. Some of the world’s largest aid organisations are axing thousands of ...The Guardian - 2d -
Europe’s New Reality: Trump May Not Quit NATO, but He’s Already Undercutting It
European officials knew the president’s win would threaten the fundamental precepts of the post-World War II order. But the speed at which it is unraveling has created a crisis of enormous ...The New York Times - 3d -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - 3d -
Trump Marks Black History Month, Even as He Disparages Value of Diversity
President Trump arrived at a packed White House celebration alongside Tiger Woods to a roaring crowd. The event came as he has eviscerated federal programs aimed at combating inequality in America.The New York Times - 2d -
Ahead of rivalry clash, Dusty May recalls how Tom Izzo won his respect
While Izzo remains a stalwart fixture at Michigan State, Michigan's May is getting his first taste of the tense competition between the two schools on Friday.Yahoo Sports - 3d -
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 - 2d -
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 - 2d -
Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts
Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.NBC News - 2d -
Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted
Around 100 were fired from the Substance Abuse and Mental Health Services Administration.CBS News - 2d -
DOGE for Ohio? Vivek Ramaswamy enters governor's race pushing cuts and merit pay
CLEVELAND — Biotech entrepreneur Vivek Ramaswamy, who will declare his candidacy for governor of Ohio on Monday, wants to reshape public schools, cut regulations and slash spending.NBC News - 10h -
Trump says he's weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency to Americans.CNBC - 3d -
A DOGE dividend could be a win-win-win for the GOP and Team Trump
With Democrats screaming that the sky is falling every time the Department of Government Efficiency axes one federal worker, Elon Musk’s team needs some good public relations.The Hill - 2d -
Trump’s Crypto Love Affair Is Blossoming as Musk’s DOGE Reins In Regulators
Lawsuits are being dropped in the friendlier regulatory environment, while officials investigating Musk’s companies are getting DOGE’d.Inc. - 2d -
What do we know about Trump administration and DOGE's mass firings?
A federal judge is giving President Trump the go-ahead to continue mass firings of thousands of federal employees, for now. CBS News White House reporter Aaron Navarro and CBS News congressional ...CBS News - 1d
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German conservatives lead election with far-right AfD in second place, exit polls show
Polls are open across Germany as the world’s third largest economy chooses a new leader to guide it through an era of febrile immigration debates and souring relations with Washington.NBC News - 48m -
Zelenskyy says he's willing to step down in exchange for peace in Ukraine
Ukrainian President Volodymyr Zelenskyy said he would be willing to resign from his post in exchange for peace in Ukraine or NATO membership. Zelenskyy's comments come ahead of the third ...NBC News - 3h -
Trump and Elon Musk are floating 'DOGE dividends.' Low-income Americans might not benefit.
President Donald Trump recently touted the of "DOGE dividends," which came to a 30-year-old investor in a dream and caught the attention of Elon Musk on X.NBC News - 2h -
Sen. Booker says ‘we are seeing real crises’ across U.S. from Trump and Musk cuts: Full interview
Democratic Sen. Cory Booker (N.J.) says Americans are feeling the “pain” of federal cuts from the Trump administration’s Department of Government Efficiency headed by billionaire Elon Musk.NBC News - 7h -
DOGE for Ohio? Vivek Ramaswamy enters governor's race pushing cuts and merit pay
CLEVELAND — Biotech entrepreneur Vivek Ramaswamy, who will declare his candidacy for governor of Ohio on Monday, wants to reshape public schools, cut regulations and slash spending.NBC News - 10h
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Trump 2nd term live updates: Agencies caution federal workers on Musk's email
President Donald Trump's administration is continuing its radical effort to cut much of the federal government and make sweeping changes.ABC News - 13m -
Full interview: Balázs Orbán, political director for Hungarian Prime Minister Viktor Orbán
Watch Margaret Brennan's full interview with Balázs Orbán, Hungarian Prime Minister Viktor Orbán's political director, on February 21, 2025.CBS News - 20m -
I Teach at Harvard. Store Managers See Me as a Threat.
Maybe I just wanted to be seen as something other than a threat, a nuisance, because I happen to be Black.The New York Times - 24m -
Mother of officer slain in Pennsylvania hospital hostage shooting mourns son with 'warrior heart'
YORK, Pa. — The unease growing inside Nancy Duarte Matarese on Saturday quickly blossomed into full-on dread as she found herself being escorted to a small family room inside WellSpan York Hospital.NBC News - 25m -
Guardiola sees 'bright future' for Man City
Pep Guardiola says he sees a "bright future" for his Manchester City side, despite Sunday's 2-0 defeat by Liverpool.BBC News - 30m