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PolicyMusk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.
- Trump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission.
- Their aim is to cut government spending, and one idea they've floated is to ax federal agencies.
Ayelet Sheffey,Madison Hoff
Filip De Mott
Jennifer Sor
Latest Stories
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Madison Hoff
This map shows the rural places where young Americans are moving
Younger Americans are moving to rural areas, with large increases in Colorado, Texas, Montana, and …
Noah Sheidlower,Juliana Kaplan
Intel is far from becoming the American chipmaking powerhouse the US needs
Intel is struggling to overcome a series of challenges and establish itself as a globally competiti…
Jacob Zinkula
Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas pu…
Huileng Tan
Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers'…
Erin Snodgrass
Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.
ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…
Catherine Boudreau,Jacob Zink…
Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…
Jennifer Sor
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
3 CEOs preparing to raise prices if Trump enacts trade restrictions
From sportswear to auto parts, three executives have publicly said they will raise prices for consu…
Ayelet Sheffey
Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
Prices of potatoes — a Russian staple — have surged by 64% this year.
Huileng Tan
Trump's proposed trade war raises the odds of a US recession to 75%, Wall Street strategist says
BCA Research strategist Peter Berzin said investors should be underweight in stocks because of Pres…
Matthew Fox
Student-loan borrowers can expect 2 of Biden's key debt relief efforts to face roadblocks under Trump
President-elect Donald Trump is unlikely to continue Biden's student-debt relief efforts, from the …
Ayelet Sheffey
Europe faces a 'full-blown recession' under Trump's tariffs, big bank says
Trump has pledged to launch fresh tariffs on imports into the US during his second term, which woul…
Polly Thompson,Will Martin
Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs, economists say
Businesses may rush to front load imports into the US to avoid higher tariffs after Trump takes off…
Huileng Tan
Mark Cuban says Trump's tariff proposals will ramp up prices
Mark Cuban said companies are already bracing for increased tariffs under a second Trump term and t…
Lloyd Lee
Insider Today: Preparing for Trump 2.0
In this Sunday edition of Insider Today, we're talking about how companies are gearing up for a sec…
Matt Turner
Private jet usage is way up for 2 reasons
The pandemic and new options for flying private led non-commercial flights to soar since 2020.
Eliza Relman
Americans' cost-of-living anxiety is creating a population of oversavers
Many Americans are hoarding cash as they worry about higher costs of living. It might not be the be…
Jennifer Sor
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…
Allie Kelly
Economists say Trump could give Americans the very thing they voted against
Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes are seen fueli…
Matthew Fox
Russian economists and officials foresee a hard struggle in 2025
At a pivotal economic forum, leading figures in Russia's economy said to expect lower growth and in…
Thibault Spirlet
Red, blue, and green: US voters elected minimum wage increases
Americans in a few states voted for Trump and higher minimum wage, a policy typically touted by Dem…
Juliana Kaplan
Some Uber and Lyft drivers are asking riders to avoid the apps and pay in cash
Some Uber and Lyft drivers are going around the rideshare apps and asking riders to pay them direct…
Alex Bitter
Forget swing states. Here's how the generations flipped on Election Day.
Gen Xers, millennials, and Gen Z all shifted more conservative this election cycle, while boomers m…
Noah Sheidlower,Juliana Kaplan
Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said o…