Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
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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 - 4h -
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 - 3h -
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 -
Copper waiting to leave warehouses hits highest level since 2021
Traders prepare to deliver metal to US before imposition of tariffs as Trump’s plans distort mineral marketsFinancial Times - 5d -
Apple co-founder Steve Wozniak blasts Musk's DOGE over 'sledgehammer' approach to government layoffs
Apple co-founder slammed the Department of Government Efficiency, or DOGE, over mass job cuts at various government agencies.CNBC - 1d -
UK construction activity falls at fastest pace since 2020
PMI index declines to five-year low as housebuilding plummetsFinancial Times - 6h -
DOGE job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.MarketWatch - 12m -
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 - Feb. 21 -
What 15 Americans Think About Elon Musk and DOGE’s Government Cuts
Americans across the country are deeply split over Mr. Musk, with some welcoming his cuts to government and others outraged at what they see as an abuse of power.The New York Times - Feb. 25
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Authorities find no sign of shooter after responding to Florida naval base
Authorities responded to an active shooter situation at a military base in Pensacola, Florida, officials said.CBS News - 26m -
President Trump pauses Mexico tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico.CBS News - 40m
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Trump 2nd term live updates: CIA has begun firing newly hired employees
New hires at the CIA have begun getting laid off, the agency said Thursday.ABC News - 9m -
Head of federal whistleblower office drops legal battle challenging his firing
Hampton Dellinger's decision to end his legal fight comes after a federal appeals court cleared the way for his firing by President Trump.CBS News - 9m -
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Trump announces pause on tariffs for some Mexican goods
The move expanded a carve-out issued for automakers a day earlier.ABC News - 24m