Retail announced over 64,000 job cuts so far this year, the second most of any industry, according to a report from Challenger, Gray & Christmas.

Nearly half of all layoffs so far in 2025 have been driven by cuts related to the Department of Government Efficiency’s (DOGE) efforts to slash government funding and reduce the size of the ...

Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts. Fox Business.

Secretary of State Marco Rubio said at a hearing last week that no one has died from USAID cuts. But aid groups say abruptly shutting down those programs is having deadly consequences.

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what President Trump’s “Big Beautiful Bill” means for the national debt.