JPMorgan Chase’s managers began notifying employees of job cuts last week as part of a series of layoffs the bank plans to make throughout 2025, Barron’s reported Wednesday, citing people ...

By Theodore Schleifer and Madeleine Ngo Reporting from Washington President Trump signed an executive order on Tuesday directing agency officials to draw up plans for “large scale” cuts to the ...

By Zach Montague and Dana Goldstein Reporting from Washington Elon Musk’s cost-cutting effort announced a variety of cuts at the Education Department totaling over $900 million, apparently aimed ...

That is a mere fraction of the $2 trillion in spending cuts that Elon Musk, DOGE’s public face, has set as a goal, but it shows how the entity has begun going program-by-program across multiple ...

House Republican leaders on Tuesday downplayed the possibility of cuts to Medicaid benefits as they seek a reconciliation bill with up to $2 trillion in savings. Speaker Mike Johnson (R-La.) ...

Meta is expected to carry out "performance terminations" this week, which will roughly cut 5% of its staff and replace them with machine learning engineers, according to the tech company and ...

A federal judge on Monday paused cuts that the Trump administration had made to funding for public health research, issuing a temporary restraining order that applies only in the 22 Democratic-led ...

Washington — Elon Musk, standing beside President Trump in the Oval Office on Tuesday, defended the Department of Government Efficiency's efforts to drastically cut spending and dismiss workers ...

Following Budget announcements on tariff cuts for bikes, including the iconic Harley Davidson, and other products in the run-up to PM Modi's meeting with Trump, officials said they have prepared ...

Biomedical researchers in Massachusetts braced this weekend for drastic and sudden federal funding cuts, which local officials say will upend scientific endeavors at universities and medical ...

Elon Musk made his debut public appearance with Donald Trump at the White House Tuesday to announce fresh powers to overhaul the US government -- even if the tech tycoon's son tried to steal the show.