The chaos of the federal shutdown has officially reached America’s classrooms. According to reports from USA Today, the U.S. Department of Education has laid off almost every employee in the Office of Special Education and Rehabilitative Services, the division responsible for protecting the rights of students with disabilities. Union officials say the cuts were sweeping….
Trump’s administration is moving forward with new cuts to NOAA’s next-generation climate satellites, scaling back tools that scientists say are critical for tracking storms, pollution, and ocean changes. The decision eliminates instruments that would have measured air quality—including wildfire smoke and industrial pollution and another that would have captured ocean conditions with unprecedented detail. This…
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay-TV bundle and macroeconomic headwinds. The…
To get more personalized investment strategies, join us for our next “Fast Money” Live event on Thursday, June 5, at the Nasdaq in Times Square. Over President Donald Trump’s first 100 days, the S&P 500 lost more than 7% while the tech-heavy Nasdaq Composite dropped 11%. On a sector basis, consumer staples is the biggest…
Steve Eisman of “The Big Short” fame has a message for investors: Don’t be a hero because there’s more market downside ahead. Eisman, who’s known for successfully betting against the housing market ahead of the 2008 financial crisis, warns Wall Street isn’t done discounting worst-case scenarios tied to President Donald Trump’s tariffs. “The issue is…
Trump’s decision to cut thousands of federal government jobs is now affecting crucial health research, with layoffs hitting a National Institutes of Health (NIH) department focused on Alzheimer’s and dementia studies. Among those let go were key researchers at the NIH’s Center for Alzheimer’s and Related Dementias (CARD), including Kendall Van Keuren-Jensen, who was set…
Trump Live Updates: News on Federal Employee Layoffs and Tariffs The New York Times Source link
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The…
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday. About half of the affected employees will have the option to stay on with Wayfair if…
