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 ...

As GOP hardliners spent the weekend pushing party leaders to cut deeper into Medicaid in an effort to advance Donald Trump’s tax and border agenda, swing-district Republicans have been warning ...

By Christina Jewett and Teddy Rosenbluth A federal judge ordered the Trump administration to hold off on a plan that would cut $4 billion in federal funding for research at the nation’s ...

It posts few actual results from its work, providing only dollar figures for purported cuts in specific agencies and little specific detail. "I fully expect to be scrutinized and get, you know ...

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 ...

LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

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 ...

Key Republican senators began pushing back Monday against a policy change by the National Institutes of Health that would substantially cut funding for research overhead to universities ...

“Let there be no mistake: this is a direct and massive cut to lifesaving medical research,” the statement added. Becker called on the Trump administration to reconsider the action, calling it ...

But that’s a limited window for trying to discern whether the tax cuts prompted a cycle of investment and growth that can take years to play out. “In terms of looking at longer-run effects ...

“We must make permanent the 2017 Tax Cuts and Jobs Act,” he added when outlining his goals. When asked about whether he would renew Trump’s tax breaks for billionaires and ...

Brevan Howard Asset Management has cut about 7% of its trading workforce after two of its main hedge funds underperformed relative to peers last year. The cuts affected roughly a dozen traders ...