cuts

Social Security recipients face looming benefit cuts. Can the program be saved?

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Social Security’s trust fund is projected to run out of money in just six years, triggering automatic cuts in retirement and disability benefits. Yet experts say the program’s financial problems are fixable — if lawmakers are willing to make difficult choices. The latest trustees’ report found that Social Security’s finances are being strained by an aging population, … Read more

Female Navy officers say they fear a career cap after Hegseth cuts women from promotions list

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WASHINGTON — After Defense Secretary Pete Hegseth cut nine Navy officers, including all the women, from a promotion list, several female officers say they see the unusual intervention as a sign that their careers now have a ceiling and worry for the future generation of female military leaders. The Navy had selected 31 sailors to … Read more

Israel and Lebanon agree to renew ceasefire if Hezbollah cuts off attacks

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The Israeli and Lebanese governments have agreed to renew a ceasefire, both sides said Wednesday, after weeks of deadly fighting between Israel and the militant group Hezbollah in southern Lebanon had imperiled broader negotiations between the U.S. and Iran to end their conflict. The U.S.-brokered deal is contingent on Hezbollah cutting off attacks and evacuating … Read more

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

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NEW YORK — The online prediction platform Polymarket is ending its paid relationship with George Santos as federal regulators investigate whether the former congressman illegally bet against his own attendance at President Donald Trump’s State of the Union. Santos placed the bets on another prediction marketplace, Kalshi, after publicly announcing his intention to be at … Read more

Ebola and hantavirus outbreaks raise questions about Trump’s health agency cuts

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The Trump administration’s deep cuts to federal health agencies have become a political liability after a deadly outbreak of hantavirus aboard a cruise ship and the spread of an even more fearsome disease, Ebola, in Africa. At least that’s the way many Democrats see it. They have seized on the situation to charge that the … Read more

AI job cuts are rising, but experts say layoffs are only part of the story

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AI-related layoff announcements are mounting, fueling the sense that the technology is already replacing a significant number of U.S. workers as companies invest heavily in automation. But AI’s broader impact on workers may be quieter: weaker hiring, especially for junior and entry-level roles. Enterprise software maker Intuit this week cut 17% of its staff, or … Read more

Kevin Warsh sworn in as Fed chair, but Trump’s rate cuts look increasingly unlikely

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Kevin Warsh was sworn-in Friday as the new chair of the Federal Reserve, the world’s most influential central bank. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Warsh’s formal assumption of the role comes after the Senate confirmed him to lead the Fed May 13 in a 54-45 … Read more

Army cuts helicopters, pushes ‘Amazon for war’ as drone combat reshapes military

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NEWYou can now listen to Fox News articles! Army leaders signaled Wednesday that drone-heavy warfare and recent conflicts in Ukraine and the Middle East are reshaping the service’s aviation and missile defense strategy, driving new scrutiny of helicopter programs and costly Patriot interceptor systems. The comments come as the Army’s fiscal year 2027 budget request … Read more