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US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Business

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to the Department of Government Efficiency (DOGE) remaining the leading reason for job cuts this year, according to a new report.Global outplacement Challenger, Gray & Christmas released a report Thursday that said there were 93,816 job cuts announced by U.S. employers in May. That amounts to an increase of 47% from 63,816 […]

todayJune 5, 2025

Aldi is cutting prices on hundreds of items for the summer

Business

Aldi is cutting prices on hundreds of items for the summer

Retail stores and grocers are cutting prices and offering a bigger assortment of low-cost products to attract shoppers who are pulling back on spending in the face of an uncertain economy.Aldi, widely known as a budget-friendly grocery chain, said on Thursday that it's cutting prices on more than 400 products, equating to nearly 25% of its store selection. By dropping prices on products across its over 2,400 stores, Aldi said customers […]

todayJune 5, 2025

Trump says he’s ‘very disappointed’ in Elon Musk for opposing ‘biggest tax cuts in history’

Business

Trump says he’s ‘very disappointed’ in Elon Musk for opposing ‘biggest tax cuts in history’

President Donald Trump on Thursday said he was disappointed in Elon Musk's criticism of Republicans' tax cut package, which the billionaire called a "disgusting abomination" and has urged Congress to block the measure."Well, look, you know, I've always liked Elon, and so I was very surprised, and you saw the words he had. He hasn't said anything about me that's bad. I'd rather have him criticize me than the bill, because the […]

todayJune 5, 2025

Chinese bioweapon smuggling case shows US ‘trains our enemies,’ ‘learned nothing’ from COVID: security expert

Top Stories

Chinese bioweapon smuggling case shows US ‘trains our enemies,’ ‘learned nothing’ from COVID: security expert

In response to the Department of Justice charging two Chinese nationals – including a University of Michigan research fellow – with allegedly smuggling a potential "agroterrorism" weapon into the U.S., national security experts tell Fox News Digital that the Trump administration must continue to take action to prevent American colleges and companies from "essentially educating and arming our chief adversary in the world." "In some cases, it seems like we learned […]

todayJune 5, 2025

‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

Politics

‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

President Donald Trump called Minnesota Gov. Tim Walz a "sick puppy" who should not have landed on the Democrats' 2024 presidential ticket. "He's a sick puppy, that guy, that poor guy. I feel sorry for him," Trump said Thursday from the Oval Office while meeting with German Chancellor Friedrich Merz. "But, they made a bad choice with him."Trump's comments followed a reporter asking Trump about his relationship with Elon Musk after […]

todayJune 5, 2025

Federal judge orders Trump to restore funding to Clinton-era agency gutted by DOGE

Politics

Federal judge orders Trump to restore funding to Clinton-era agency gutted by DOGE

A federal judge on Thursday ordered the Trump administration to restore millions of dollars in grant funding for AmeriCorps and to reemploy thousands of employees, ruling that the administration's abrupt dismantling of the organization violated federal law. U.S. District Judge Deborah Boardman agreed to reinstate thousands of terminated AmeriCorps employees across 24 U.S. states and D.C., which sued the administration earlier this year over the steep cuts to the agency ordered […]

todayJune 5, 2025