60 h. ago US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S. economy than to fix it

Economics

3 d. ago Trump ‘strongly considering’ Russia sanctions until Ukraine peace agreed – Europe live

US president says he could implement ‘large scale banking sanctions and tariffs’ in post on social mediaMeanwhile, in Ukraine Russia launched a “massive” drone and missile attack on Ukrainian energy facilities early Friday, just days after President Volodymyr Zelenskyy and European allies proposed that Moscow and Kyiv halt strikes on critical infrastructure, AFP reported.The Ukrainian air force said Russia had launched at least 58 missiles and nearly 200 drones, damaging energy facilities across the country from Kharkiv in the east to Ternopil in the west. Continue reading...

Politics

3 d. ago Trump ‘strongly considering’ Russia sanctions until Ukraine ceasefire agreed – Europe live

US president says he could implement ‘large scale banking sanctions and tariffs’ in post on social mediaMeanwhile, in Ukraine Russia launched a “massive” drone and missile attack on Ukrainian energy facilities early Friday, just days after President Volodymyr Zelenskyy and European allies proposed that Moscow and Kyiv halt strikes on critical infrastructure, AFP reported.The Ukrainian air force said Russia had launched at least 58 missiles and nearly 200 drones, damaging energy facilities across the country from Kharkiv in the east to Ternopil in the west. Continue reading...

Politics

3 d. ago US plans to close European consulates and cut state department workforce

State department also looks into merging some bureaus in Washington amid Trump effort to slash US governmentThe US state department is preparing to shut down a number of consulates that are mainly in western Europe in the coming months and looking to reduce its workforce globally, multiple US officials said on Thursday.The state department is also looking into potentially merging a number of its expert bureaus at its headquarters in Washington that are working in areas such as human rights, refugees, global criminal justice, women’s issues and efforts to counter human trafficking, the officials said. Continue reading...

Politics

4 d. ago Pushing back: African aid workers block DOGE staffers from entering their small office to fire employees

The tiny agency is pushing back against DOGE’s sweeping workforce cuts

Society

5 d. ago IRS planning to cut nearly 50,000 jobs in the middle of tax season

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people - right as tax season heats up

Politics

5 d. ago IRS workforce ‘could halve’ after Trump hails cuts to federal staffing in marathon Congress speech – US politics live

Federal agencies have until 13 March to formulate staff reduction plans as allies and critics react to Trump’s marathon Congress speechDemocrats panned Donald Trump’s first prime-time speech to Congress since returning to the White House as reaction to the address revealed a country still deeply split on political lines and an opposition party unsure of how to deal with his radical agenda.The Democrats’ exclusion from the corridors of powers – Democrats are in the minority in both the Senate and House of Representatives – has left them with limited options on how to effectively respond to Trump’s hardline 1hr 40min oration that amounted to a celebration of his purported achievements during his six weeks back in office. Continue reading...

Politics

5 d. ago The IRS is drafting plans to cut as much as half of its 90,000

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation and not authorized to speak on the record

Politics

7 d. ago Aerospace giant Senior shrugs off Boeing strikes as production ‘ramps up’

The UK firm, which is based in Rickmansworth, Hertfordshire, said last year that it was cutting its global workforce to help reduce costs.

Events

1 week ago Social Security Administration could cut up to 50% of its workforce

The Social Security Administration is preparing to lay off at least 7,000 people from its workforce of 60,000 — and the final reduction in force number could be as high as 50%, according to two people familiar with the agency’s plans who are not authorized to speak publicly

Events

1 week ago White House demands agencies identify hundreds of thousands of potential layoffs

A memo from the Trump administration gives federal officials until 13 March to submit plans for additional firingsUS politics live – latest updatesThe Trump administration is pushing for federal agencies to carry out a large-scale slashing of the federal workforce, demanding plans for hundreds of thousands of possible cuts within weeks.A White House memo gave officials until 13 March to submit a plan identifying “agency components and employees performing functions not mandated by statute or regulation who are not typically designated as essential” during government shutdowns. Continue reading...

Events

1 week ago Metro Bank returns to profitability after cutting 30% of workforce

The lender made £80 million of annualised cost savings over the financial year.

Economics

1 week ago Trump Airport and Trump Day: The bills adoring GOP lawmakers have put forward

‘His remarkable accomplishments deserve the highest recognition and honor on this iconic national monument,’ a Florida lawmaker said when introducing a bill to add Trump’s face to Mount Rushmore. ‘Let’s get carving!’

Politics

1 week ago Trump may rue firing experts when environmental rollbacks land in court

Advocacy groups are better prepared than the first term for legal challenges – but will the administration obey rulings?Amid spending freezes and policy rollbacks from Donald Trump, environmental advocacy groups are gearing up for a long series of legal showdowns with the administration.The experience of suing Trump during his first term has left the movement better prepared, but the court battles will still be daunting, with the administration appearing to test the nation’s legal boundaries in an effort to consolidate power under the executive branch. Continue reading...

Politics

1 week ago US stocks fall as consumer confidence sinks most in four years

Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economy

Politics

2 w. ago Discontented Germany votes in an election with economy, migration and far

German voters are choosing their new government in an election dominated by worries about the years-long stagnation of Europe’s biggest economy, pressure to curb migration and growing uncertainty over the future of Ukraine and Europe’s alliance with the United States

Politics

2 w. ago Republicans put the sick in sycophancy as they compete to fawn over Trump

From adding the president’s face to Mount Rushmore to pushing for him to serve a third term, party members are getting inventive in their brown-nosingIf proof were needed that Donald Trump’s cult of personality has never been stronger, it comes in the inventive ways Republican members of Congress have spent his first month in office trying to lionise him. Welcome to the sycophancy stakes.On 23 January the congressman Addison McDowell of North Carolina introduced legislation to rename Washington Dulles international airport as Donald J Trump international airport. Continue reading...

Politics

2 w. ago Elon Musk praises Doge efforts to cut federal workforce after judge ruling – live

Musk claims Trump administration is ‘finding savings’ amid mass terminations; federal judge won’t block administration from laying off federal workersJudge rules Trump administration can continue mass firings of federal workersDonald Trump signed another round of executive orders onboard Air Force One last night, among them one aimed at ending federal benefits for people in the country illegally.The order seeks to end “all taxpayer-funded benefits for illegal aliens”, according to the White House, although it was not clear which benefits will be targeted. Continue reading...

Events

2 w. ago Over 200 passengers forced to spend weekend on freezing Canadian island after plane diverted

Among the passengers was the Archbishop of New York, who took Mass in a local Canadian parish

Politics

2 w. ago Met Police to cut workforce and services despite funding increase

Met Police to cut workforce and services despite funding increase  BBC.com

Economics