The Department of Government Efficiency is already sending representatives to agencies across the federal government.

Billionaire Elon Musk, who is set to co-lead the new advisory Department of Government Efficiency, has admitted the agency ...

Russia’s state-owned railway monopoly, Russian Railways, faces a third consecutive year of sharp freight transport declines, driven by Western sanctions, the Moscow Times news agency wrote on Jan. 9.

Two months ago here at MarketWatch, we told you that Elon Musk was talking out of his MAGA hat when he promised to cut "at least $2 trillion" from the $6.75 trillion federal budget. Now Musk has ...

The government is not a factory. Standard efficiency models, which usually involve cutting workers and adding capital, may ...

Billionaire Elon Musk expressed doubt that his government efficiency panel in President-elect Donald Trump’s incoming administration will actually be able to achieve $2 trillion in cuts to the US ...

Tesla CEO Elon Musk said on Wednesday that the best case scenario would be to make $2 trillion in cuts to federal spending ...

Now, Musk and Ramaswamy have teamed up to cut $2 trillion in annual government spending, or more than 30% of the federal budget, within two years. Chris Matthews is a Washington, D.C ...

On October 22, 1981, the U.S. debt surpassed $1 trillion. Now we spend that much each year just to service our massive debt — a debt that has been growing at $2 trillion per year. Still ...

As of Dec. 24, 2024, the debt has climbed to nearly $36.3 trillion, a $2.5 trillion increase within the past 12 months. If the average daily rate of debt growth over the past three years continues ...

As of Dec. 24, 2024, the debt has climbed to nearly $36.3 trillion, a $2.5 trillion increase within the past 12 months. If the average daily rate of debt growth over the past three years continues, ...