Trump Orders Plans for ‘Large Scale’ Work Force Cuts and Expands Musk’s Power The latest executive order by the president made clear that the billionaire’s cost-cutting team will have continuing oversight of the Civil Service.

Sources: Man United mulling further staff cuts Manchester United are considering making further cuts to club staff, sources have told ESPN.

Trump Administration Cuts Put Medical Progress at Risk, Researchers Say Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.

Has Your Nonprofit Been Affected by Federal Funding Cuts? We Want to Hear From You. The Trump administration is slashing federal grants. The New York Times wants to talk to nonprofits that have lost funding — or fear they might.

The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.

The Fed Held Rates Steady, Hitting Pause After a Series of Cuts The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.

Google employees petition for ‘job security’ ahead of expected cuts Google employees have begun a petition for “job security” after CFO Anat Ashkenazi in October said the company could “push a little further” with cost cuts.

The Fed Is About to Hit Pause on Rate Cuts. Here’s Why. Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

Stripe cuts 300 jobs in product, engineering and operations Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.

US Debt Faces Record as Trump and GOP Plan Tax Cuts The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.

U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.

What Did Trump’s Tax Cuts Do? Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

Missile Attack Prompts Emergency Power Cuts in Ukraine President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.

Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.

Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities. President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.

The Evening: Signs of Trouble for Trump’s Spending Cuts Plus, celebrating “Chrismukkah.”

Paramount consolidation of U.S. TV and streaming distribution teams results in staff cuts submitted by /u/HRJafael

Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’ The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.

Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’ Republican control of Washington and a tax bill next year have corporate America excited — and on edge.