Big Town Bulletin News

The Latest News and Information That Matters To You

doge

Economy U.S.

US Energy Dept identifies thousands of staff at risk of DOGE cuts, AP reports

WASHINGTON – The U.S. Energy Department has identified thousands of staffers it has deemed as non-essential, including at its office that manages the country’s nuclear weapons arsenal, who would not be protected in a second round of cuts, an Associated…

Nasdaq confirms it is in bear market, ending more than 20% below record close

The tech-heavy Nasdaq Composite index confirmed on Friday that it is in a bear market, as it has fallen 22.7% from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump…

U.S. Peace Corps says Musk’s cost-cutting team has arrived at its HQ

Members of Elon Musk’s cost-cutting team arrived at Peace Corps headquarters in Washington, the agency told Reuters, a signal it could become the latest U.S. government unit to face job cuts. “Staff from the Department of Government Efficiency are currently…