Under this baseline, extending the cuts beyond 2025 would not add to the deficit. CBO estimates extending all of the tax cuts set to expire at the end of 2025 would add $4.7 trillion to deficits ...

WHERE THE CUTS WILL HAPPEN: Facing the mounting budgetary pressures, PRT plans to propose service cuts and fare increases to its board later this week.Rose Schilling, a lifelong PRT user ...

Pittsburgh Regional Transit leaders are proposing massive changes to service as leaders say they're millions of dollars in the red and have no choice but to make significant cuts to service and ...

“Morning Joe” host Joe Scarborough slammed a fist on the table during Thursday’s show as he took aim at Elon Musk’s “ridiculous” DOGE cuts — like axing “food programs for poor kids ...

U.S. District Judge Theodore Chuang's order indefinitely blocked DOGE from making further cuts to the agency. Tens of thousands of job losses have been announced across numerous federal agencies.

A line chart comparing inflation metrics over the past five years. The Bank of Canada cut its key interest rate by 25 bps to 2.75% last week, its seventh consecutive reduction. It plans to ...

Investors piled back into equities on Thursday, buoyed by the prospect of more rate cuts as soon as May after the US Federal Reserve appeared more willing to lower borrowing costs than some in the ...

The University of California announced that it would implement a hiring freeze and other cost-saving measures throughout the 10-campus system, amid potential cuts to funding. University president ...

The Pentagon is considering significant cuts to the top of the US military, including consolidating combatant commands, according to a document obtained by CNN. Plans under consideration include ...

After it was announced that Big Four firm EY was making cuts at the senior level, staff in its legal department were warned about redundancies. Staff in the firm’s legal arm, EY Law, were ...

The Fed also kept its forecast for two cuts in 2025. "We do not need to be in a hurry to adjust our policy stance, and we are well-positioned to wait for greater clarity," said Fed Chair Jerome ...