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US Fed begins meeting with markets expecting steady interest rates
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UN chief meets rival Cyprus leaders, mulls prospects for talks
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Ukraine's Zelensky arrives for Trump talks at White House
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Mancini returns as coach of crisis-hit Italy
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Dozens feared trapped in quake-hit Japan mall
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Synsira Launches Kind Local Pro with 100% On-Device AI
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Diaz and Olise set to stay at Bayern, says CEO
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Fan favourite 'Zizou' soaks up acclaim after being named France coach
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British drugs group GSK targets savings after profits slide
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'Many people' feared trapped in mall after big Japan quake
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France evacuates thousands as Spain PM says tide turning in wildfire fight
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Anglican Church leader visits slave trade project on Africa tour
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Boeing reports loss on Air Force One but sees progress in turnaround
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Josko Gvardiol signs new five-year deal at Man City
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First image taken of Betelgeuse's elusive companion star
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Pedro bags three, Alonso starts Chelsea reign with 6-4 win over Western Sydney Wanderers
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Man City's Rodri sidelined for 'short period' following back surgery
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In Rome, one man's crusade against graffiti
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Pedro bags three as Alonso starts Chelsea reign with 6-4 win over Western Sydney Wanderers
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Real Madrid in negotiations to buy Leipzig's Diomande: source
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Tech stocks tank on AI jitters, oil falls further
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'Only job I wanted', says new France coach Zidane
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Mercedes CEO urges German 'productivity offensive' as China woes hit profit
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Japan PM says injuries, buildings collapsed in major quake
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Praise the Gods! Greek PM thanks Nolan for the 'The Odyssey' spotlight
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Zinedine Zidane - The good, the bad and the ugly
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Zidane's long road leads back to France helm
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France turn to Zidane as coach in long-awaited homecoming
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Firefighters on offensive in France, Spain as new heatwave arrives
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Ukraine's Zelensky in US to secure fresh Trump support
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Seoul, Tokyo lead fresh tech rout as most of Asia retreats
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Netanyahu to meet Trump for first time since Iran war
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US tariffs refund boosts Philips
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BitMart تحت الضغط: لم يتم الإفراج عن 22,000 USDT و930,000 SNC بعد مرور 48 ساعة – هل تعاني BitMart من نقص في الأموال؟
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Taiwan detains Nvidia worker in chip smuggling probe: source familiar with case
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BitMart under pressure: 22,000 USDT and 930,000 SNC still not released after 48 hours – is BitMart running out of funds?
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Why are tech stocks tanking?
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BitMart 面臨壓力:22,000 USDT 和 930,000 SNC 在 48 小時後仍未解凍——難道 BitMart 資金不足?
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BitMart под давлением: 22 000 USDT и 930 000 SNC не разблокированы по истечении 48 часов — у BitMart не хватает средств?
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Myanmar approves death sentence for cyberscam offences
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Made by AI? EU tells firms to stick a label on it from Sunday
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Spurs' Maddison says De Zerbi is the right coach for his game
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Open champion Fox welcomed home by thousands after 'whirlwind few days'
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Fritz takes 250th hardcourt win in Washington, Draper pulls out
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Seoul, Tokyo lead Asian plunge as tech stocks suffer fresh rout
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'Appy marriages: AI helps hundreds of Japanese wed
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More than skin deep: Dutch abuse victims erase forced tattoos
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Netanyahu heads to US for first Trump meeting since Iran war
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AI cameras spot suicide attempts in South Korea's capital
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Documentary on Stan Lee's final years faced industry opposition, filmmaker says
Musk details mass cuts to US federal spending and staff
Elon Musk outlined plans Wednesday for his new role as "efficiency" czar -- signaling an assault on federal spending and staffing that would be backed by President-elect Donald Trump's executive powers and a conservative Supreme Court.
In the Wall Street Journal, the world's richest man said he was taking aim at hundreds of billions of dollars in government spending -- including funding for public broadcasting and abortion rights group Planned Parenthood -- as well as at bureaucracy that represents an "existential threat" to US democracy.
The Tesla and SpaceX CEO said that he, along with fellow businessman and Trump loyalist Vivek Ramaswamy, would work to slash federal regulations and make major administrative cuts and cost savings.
"We are entrepreneurs, not politicians. We will serve as outside volunteers, not federal officials or employees," Musk and Ramaswamy wrote in their most detailed remarks since Trump named them heads of a new Department of Government Efficiency.
Musk said DOGE -- a nod to Musk's support for a cryptocurrency -- will prepare a list of regulations issued by government agencies without Congress approval, which Trump could then invalidate by executive order.
"When the president nullifies thousands of such regulations, critics will allege executive overreach. In fact, it will be correcting the executive overreach of thousands of regulations promulgated by administrative fiat that were never authorized by Congress," Musk said.
He added that a reduction in regulations would pave the way for "mass head-count reductions across the federal bureaucracy," and said DOGE would aim to cut more than $500 billion in government expenditures.
"With a decisive electoral mandate and a 6-3 conservative majority on the Supreme Court, DOGE has a historic opportunity for structural reductions in the federal government," Musk said.
M.King--AT