The US government is implementing significant layoffs as part of the Trump administration's plan to reduce staff. Approximately 10,000 federal employees are being let go or offered early retirements or buyouts. The majority of these cuts will be from public health agencies, including a reduction of 3,500 workers at the Food and Drug Administration (FDA), 2,400 positions at the Centers for Disease Control and Prevention (CDC), and 1,200 jobs at the National Institutes for Health (NIH). Additionally, the Centers for Medicare and Medicaid Services will lose 300 jobs.
https://thestar.com/news/world/united-states/department-of-health-and-human-services-will-cut-10-000-jobs-as-part-of-a/article_64e0efa6-6904-592b-a758-f0bf4fbacba2.htmlInvestors who initially believed robust checks would prevent a constitutional crisis have realized that President Trump's second term poses more significant threats to the US economy and markets. Despite the country's strong dollar and Treasury bond market, which are crucial for global finance, the administration's aggressive attacks on international trade and democracy have caught many off guard, with the Brookings Institution describing these efforts as an attempt to "peel back democracy and its guard rails".
https://www.scmp.com/opinion/world-opinion/article/3304054/how-trumps-reckless-policies-could-trigger-financial-crisis?module=top_story&pgtype=sectionThe US government has announced plans to reorganize several agencies, resulting in job losses of approximately 10,000 employees. The Food and Drug Administration will lose around 3,500 full-time staff, while the Centers for Medicare and Medicaid Services will decrease by about 300 employees. The National Institutes of Health staff will also shrink by 1,200 employees. These reductions are mainly aimed at administrative jobs, including human resources, information technology, procurement, and finance.
https://www.deseret.com/politics/2025/03/27/trump-rfk-jr-layoff-thousands-health-human-services-department/The number of people receiving unemployment benefits in the Washington D.C. metropolitan area has increased, while federal workers nationwide have seen a decrease in initial claims and an overall drop in continuing claims. US Health Secretary RFK Jr. plans to cut 10,000 jobs through restructuring, which may affect contractors dependent on government funding. In contrast, tech billionaire Elon Musk's Department of Government Efficiency has fired thousands of federal workers, with some being reinstated by courts or placed on administrative leave, preventing them from filing for benefits.
https://www.brecorder.com/news/40355029/us-weekly-jobless-claims-edge-lowerChinese President Xi Jinping is intensifying China's presence in the Indo-Pacific region by testing US allies on sensitive issues, including conducting unprecedented naval drills off Australia's coast and flying a record number of balloons around Taiwan. Beijing has also issued warnings to Tokyo against collaborating with Taiwanese separatists. The move comes as Donald Trump's actions have eroded trust among US allies, who are concerned about the reliability of Washington's security commitments in Asia.
https://www.japantimes.co.jp/news/2025/03/27/asia-pacific/politics/xi-us-allies-indo-pacific-trump/Zomato has faced backlash after firing hundreds of employees without warning, sparking heated discussions about corporate ethics and employee rights in India's startup ecosystem. The company has yet to respond to the claims, leaving former employees feeling inhumane and seeking legal action. A lawyer offered assistance to those affected, while another former employee shared a similar story of being fired for a minor infraction, highlighting growing concerns about job security in India's startup industry.
https://www.ndtv.com/feature/zomato-just-fired-me-reddit-user-claims-over-300-employees-laid-off-without-warning-8021128#pfrom=home-ndtv_lateststories_topstoriesImgAmazon's Big Spring Sale 2025 is underway, offering the best deals on tech, home, beauty, and more. Tanya Sharma reports that shoppers can find discounts on various products through links on this page, earning the publisher a commission. The sale includes deals from top brands such as Amazon itself, with prices slashed on items like smartwatches, laptops, and home appliances.
https://www.dailymail.co.uk/shopping-us/article-14526759/amazon-big-spring-sale-best-deals.htmlHayao Miyazaki, co-founder of Studio Ghibli, has expressed his disapproval of AI-generated imagery in the past. A recent video surfaced showing him addressing students who proposed a machine to create animation, where he stated, "I am utterly disgusted." This sentiment suggests that Miyazaki values the human touch and creative process over relying on technology for artistic expression.
https://www.firstpost.com/explainers/chatgpt-studio-ghibli-art-style-images-viral-trend-explained-how-to-create-13875041.htmlOpenAI has secured funding for its $18 billion Stargate project, which aims to develop AI data centers in the US. The project's equity partners include SoftBank and Oracle, with MGX, a Dubai-based sovereign wealth fund focused on AI, also participating. Additionally, OpenAI and SoftBank have formed a joint venture to market enterprise AI solutions in Japan.
https://www.pymnts.com/news/investment-tracker/2025/openai-reportedly-ready-to-close-record-40-billion-funding-round/