Exclusive-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its ...
DOGE cuts complicate government funding talks and raise shutdown fears
Republican leaders on Capitol Hill are struggling with a key question as they stare down a fast-approaching deadline to fund ...
Blue city mayor embraces government efficiency in new memo to city employees
San Francisco Mayor Daniel Lurie directed city employees in a memo on Tuesday to return to the office at least four days a ...
Trump cuts financial lifeline for Venezuela’s government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be ...
OPM instructs agencies to turn over plans for mass government layoffs
A Wednesday memo from the Office of Personnel Management (OPM) and Office of Management and Budget (OMB) directs agencies ...
Marketplace1d
One consequence of government spending cuts? Lower GDP
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...
Firings at US agency foreshadow second wave of mass government layoffs
The U.S. government's human resources agency is rushing to shut down and drastically shrink entire departments in what ...
Interest Rates Are Falling—Thank Government Spending Cuts for That
The 10-year interest rate has fallen by half a percentage point in the past month—from approximately 4.8 percent to 4.3 ...
White Houses Announces Large-Scale Government Layoffs
The White House has put in motion plans for its largest wave of federal layoffs. In a memo sent to government agencies on ...
Santa Rosa Press Democrat17m
‘An act of sabotage’: Hundreds of NOAA and NWS employees laid off
The latest round of cuts carried out by the Department of Government Efficiency, led by tech billionaire and Trump adviser ...
Here’s Where Trump’s Government Layoffs Are Targeted—As Judge Blocks Mass Firings Of Probationary Employees
Internal Revenue Service: More than 110 IRS offices that handle taxpayer assistance will be closed, according to a plan from the U.S. General Services Administration obtained by The Washington Post, ...
Where are federal jobs affected by DOGE cuts? A look at congressional districts across the US
Civilian federal jobs are being cut by the thousands, as Elon Musk's Department of Government Efficiency continues to shrink ...