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Musk'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
Why one veteran economist is doubling down on his 2025 recession call after Trump's victory
The economy is flashing a rare recession warning only seen four times in the last century, accordin…
Jennifer Sor
Russia is dropping millions on pay for up to 100,000 North Korean soldiers. They're unlikely to see much of it.
Russia is paying $2,000 a month for each North Korean soldier, per reports. But the soldiers, who c…
Mia Jankowicz
Tech jobs are mired in a recession
White-collar hiring is in a huge slump. According to new data, HR, marketing, and tech jobs are get…
Aki Ito
Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips
The President-elect said in September that ditching taxes on overtime pay would give "people more o…
Huileng Tan
Insider Today: Uncle Elon vs. Uncle Sam
In this Sunday edition of Insider Today, we're talking about Elon Musk's plans to cut government wa…
Matt Turner
4 signs of re-inflation investors should watch out for, Charles Schwab says
The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strate…
Jennifer Sor
How Europe can avoid a trade war in a 2nd Trump term
The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to b…
Kelly Cloonan
4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…
Eliza Relman
Trump's trade restrictions could be good for American semiconductor jobs
Donald Trump's campaign promise of tariffs could create semiconductor jobs in the US but lead to h…
Jacob Zinkula
A boomer who retired with a $2 million net worth despite working modest jobs shares his advice on retiring comfortably
An Idaho couple retired with a $2 million net worth by living frugally and making smart investment …
Noah Sheidlower
3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say
Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…
Filip De Mott
Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees
Trump said during his campaign that he'd make changes to the Affordable Care Act. His plans could r…
Allie Kelly
Meet the Americans stocking up on cars, skincare, and toilet paper ahead of Trump's potential trade restrictions
Americans are worried about prices going up even more with tariffs, so some are stockpiling or maki…
Juliana Kaplan,Ayelet Sheffey
From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
Crocs and American Eagle are two of the brands Bank of America predicted to see price hikes if Trum…
Ayelet Sheffey
2 maps show how Americans rely on income like Social Security more than they used to
An aging population and high healthcare costs mean that more Americans are leaning on government as…
Allie Kelly,Madison Hoff
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Filip De Mott
Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
President-elect Donald Trump's picks for US attorney general and secretary of state illustrate a po…
Dan DeFrancesco
Leaving Los Angeles: Why the film industry is ditching Hollywood
The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment…
Lucia Moses
Homebuilders fear Trump's mass deportations would inflate costs and make it even harder to hire
Construction work relies heavily on immigrants. Industry leaders worry even the threat of deportati…
Eliza Relman
Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say
"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or e…
Filip De Mott
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The na…
Jennifer Sor
Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
Trump selected Elon Musk and Vivek Ramaswamy to identify areas to cut government spending. The US s…