Will trimming the federal workforce make a dent in government bloat?

Will trimming the federal workforce make a dent in government bloat?

Will Trimming the Federal Workforce Make a Dent in Government Bloat? In recent years, calls for reducing the size of the federal workforce have gained momentum, with the argument that a leaner government would be more efficient, cost-effective, and responsive to taxpayers. But does trimming the federal workforce truly address the problem of government “bloat,”…

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

Chicago Fed President Goolsbee Signals Rate Cuts Dependent on Inflation Progress Chicago, IL — March 21, 2025 — Chicago Federal Reserve President Austan Goolsbee suggested this week that interest rate cuts could be on the table in the near future, depending on the trajectory of inflation in the coming months. Goolsbee, known for his cautious…

The Fed will update its rate projections Wednesday. What to expect

The Fed will update its rate projections Wednesday. What to expect

Washington, D.C. – March 18, 2025 – The Federal Reserve is set to release its updated interest rate projections this Wednesday, a highly anticipated event that could signal the central bank’s next moves in managing inflation, economic growth, and employment. Investors, economists, and policymakers alike are bracing for insights into how the Fed views the…

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under the…

Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’

Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’

Scott Bessent, US treasury secretary, throughout a Bloomberg Tv interview in New York, US, on Thursday, Feb. 20, 2025. Treasury Secretary Scott Bessent on Thursday provided a full-throated protection of the White Home’s place on tariffs, insisting that commerce coverage must be about extra than simply getting low-priced objects from different international locations. “Entry to…

Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff

Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff

Just lately fired U.S. Company for Worldwide Improvement (USAID) workers carry bins with a message as they go away work and are applauded by former USAID staffers and supporters throughout a sendoff outdoors USAID workplaces in Washington, D.C., U.S., February 21, 2025. Brian Snyder | Reuters President Donald Trump’s efforts to pare down the federal…

ADP jobs report February 2025:

ADP jobs report February 2025:

Personal sector job creation slowed to a crawl in February, fueling considerations of an financial slowdown, payrolls processing agency ADP reported Wednesday. Corporations added simply 77,000 new employees for the month, properly off the upwardly revised 186,000 in January and beneath the 148,000 Dow Jones consensus estimate, in accordance with seasonally adjusted figures from ADP….

DeepSeek OpenAI tops 400 million users despite

DeepSeek OpenAI tops seems to be rising rapidly regardless of rising competitors. DeepSeek OpenAI – The San Francisco-based tech firm had 400 million weekly energetic customers as of February, up 33% from 300 million in December, the corporate’s chief working officer, Brad Lightcap, instructed CNBC. These numbers haven’t been beforehand reported. Lightcap pointed to the…

Fed minutes January 2025

Federal Reserve officers in January agreed they might wish to see inflation come down further sooner than lowering charges of curiosity further, and expressed concern regarding the have an effect on President Donald Trump’s tariffs would have in making that happen, in accordance with meeting minutes launched Wednesday. Policymakers on the Federal Open Market Committee…