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If Elon Musk Can Fire Hundreds Of Thousands Of Federal Employees, Imagine What He’ll Do To Private Sector Workers

Bernie Sanders Warns: If Elon Musk Can Fire Hundreds Of Thousands Of Federal Employees, Imagine What He’ll Do To Private Sector Workers Bernie Sanders (I-VT) has a warning for workers across America: If Elon Musk can fire hundreds of thousands of federal employees without cause, private sector workers could be next. In a recent post […]

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Trump moves to cancel recent union agreements with federal workers

Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways By Jack Queen (Reuters) – Donald Trump said on Friday that any collective bargaining agreements reached with federal workers within 30 days of his […]

Business & Finance

Federal Reserve advisor spied for China, DOJ says

A former senior advisor for the Federal Reserve was arrested Friday on charges that he conspired to steal Fed trade secrets for the benefit of China. The data that the advisor John Harold Rogers allegedly shared with his co-conspirators could allow China to manipulate the U.S. market “in a manner similar to insider trading,” according […]

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Trump federal spending freeze sparks confusion, fury

The healthcare system for millions of low-income Americans and rafts of other programs were thrown into disarray Tuesday after President Donald Trump ordered a freeze on federal funding, a move opponents blasted as unconstitutional. It was Trump’s latest radical step since he took office a week ago, vowing to force the US government and its […]

Business & Finance

Top Federal Reserve official says central bank is ‘pretty close’ to meeting twin targets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and employment, underscoring investor expectations that policymakers will refrain from sharp interest rate cuts this […]

Business & Finance

Federal Reserve officials saw need for ‘careful approach’ to future rate cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Federal Reserve officials indicated that the US central bank will have to take a “careful approach” in cutting interest rates further due to the rising risk that inflation will remain persistently higher than its 2 […]