RFK Jr. to cut 10,000 jobs at US health department The U.S. Department of Health and Human Services announced that it will cut about 10,000 full-time jobs and close half of its regional offices. Reuters Pennsylvania joined a multistate lawsuit against the Trump administration for cutting billions in state health funding. Pennsylvania state officials say
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and
DETROIT – Dozens of school districts across Michigan are expected to lose millions in federal funding after the U.S. Department of Education suddenly cut off COVID relief funds. Related: ‘There doesn’t seem to be a rationale’: Michigan leaders react to US Department of Education cuts On Friday, March 28, at 5 p.m., the U.S. Department
The Supreme Court is set to hear a case on Wednesday that could impact Medicaid funding for Planned Parenthood clinics in South Carolina. South Carolina’s Republican governor, Henry McMaster, is seeking to block public healthcare funds from going to Planned Parenthood, arguing that no public dollars should support an organization that provides abortions. “This case
On Monday, Planned Parenthood said it received notice the Trump administration was freezing $35 million in Title X funds for nine of its affiliates nationwide. Idaho is set to lose about $550 000 in federal funding. Established in the 1970s, Title X provides reproductive healthcare to low-income patients. It’s the only federal program that provides
CONCORD, N.H. — The Trump administration has frozen about $4.39 million in federal funding for reproductive health care in New Hampshire, Maine, Connecticut, and Rhode Island, Planned Parenthood in New England said Tuesday. The money, provided under a federal family planning program called Title X, provides services such as cancer screenings, birth control, annual exams,
Across Harvard’s campus, some students and faculty members expressed frustration and fears about the Trump administration’s threat to cut off billions of dollars in federal grants and contracts sent to the university. On Monday, the government’s joint task force to combat antisemitism said it had placed Harvard and its roughly $9 billion in funds under
Returns on the federal government’s 401(k)-style retirement savings program took a dive last month, with the Thrift Savings Plan’s two core domestic investment funds finishing March in the red, while two others treaded water. The downward trend comes as the Trump administration has worked to fire thousands of federal employees across government and across the
The head of New York City’s pension funds called for a shareholder lawsuit against Tesla, accusing Elon Musk, its chief executive, of causing the company’s shares to plunge because of his actions to slash spending and the federal work force as head of the Trump administration’s cost-cutting effort. In a letter sent late Monday to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are pouring cash into gold funds at the fastest pace since the Covid-19 pandemic, amid mounting concerns over the economic impact of US President Donald Trump’s tariff war. Gold reached a record $3,148.88 a