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Trump administration begins laying off federal workers amid shutdown
White House budget director Russell Vought said reductions in force were underway.…
The Washington Post · 2025-10-10 18:49:20
Layoffs of federal workers begin during government shutdown, White House says
Office of Management and Budget chief Russell Vought posted on social media about reductions in force beginning among federal workers as the government shutdown continues. CBS News' Nikole Killion and Fin Gomez report.…
CBS News · 2025-10-10 18:40:00
White House Signals Federal Layoffs Have Begun During Shutdown
The head of the White House budget office said on Friday that reductions in force had started.…
New York Times Business · 2025-10-10 16:52:40
‘The RIFs Have Begun’: OMB Director Confirms Federal Layoffs Amid Shutdown Stalemate
WASHINGTON—Office of Management and Budget Director Russ Vought confirmed Friday on X that his team has begun terminating federal employees as the government shutdown rounds out its second week. “The RIFs have begun,” Vought said, ref…
Daily Wire · 2025-10-10 14:41:54
Canada Post reduces contract offer to striking workers, warns of job cuts
Striking Canada Post workers are angered by the company’s new contract offer because it is worse than the previous one and calls for job reductions as part of a major downsizing plan. The post Canada Post reduces contract offer to striki…
FreightWaves · 2025-10-06 18:54:04US Moving Forward With Troop Reductions In Iraq
The U.S. is moving forward with reducing its troop presence in Iraq, rolling back security efforts in the nation to focus on the anti-ISIS mission in Syria. The move will shift U.S. forces to the Kurdistan region to continue finishing off …
The Daily Caller · 2025-10-01 16:22:55The Bank of Mexico cut its benchmark interest rate to a three-year low Thursday as expected and said further reductions are possible, while it still sees inflation returning to its target next year.
The board of governors voted 4-1 to lower the overnight interest-rate target to 7.50% from 7.75%.…
WSJ Economy · 2025-09-25 20:27:00White House directs mass firings if there is a government shutdown
The Office of Management and Budget sent a memo to federal agencies Wednesday night instructing them to plan for staff reductions, including firings.…
The Washington Post · 2025-09-25 11:21:19
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.…
CBS Money Watch · 2025-09-18 17:27:19
Interest rates expected to be held by Bank of England
The Bank rate was cut in August but many analysts do not expect any further reductions this year.…
BBC Business · 2025-09-17 23:09:13