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DOGE cuts billions as federal spending overhaul continues

Published

10 months ago

February 18, 2025

Musk-Led Department slashes DEI grants while Transportation Secretary seeks tech innovation.

The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has eliminated over $370 million in diversity, equity, and inclusion (DEI) grants at the Department of Education within just 48 hours.

In a post on X, DOGE revealed that 70 DEI training grants were terminated, marking the latest move in its effort to cut federal spending.

This follows another major budget reduction last week when DOGE slashed $881 million in Department of Energy contracts, including more than $100 million allocated to DEI programs.

The sweeping cuts signal a broader initiative under the Trump administration to curb what it considers excessive government spending.

Meanwhile, Transportation Secretary Sean Duffy has announced that SpaceX workers will visit the Air Traffic Control System Command Center on Monday as part of an effort to modernize U.S. air travel.

Duffy, who has been vocal about the need for infrastructure reform, stated that President Trump has tasked him with developing a world-class air traffic control system.

He has also called on American tech developers and businesses to contribute their expertise to the initiative.

With DOGE rapidly restructuring federal expenditures and the administration emphasizing private-sector partnerships in public services, the coming months could see further policy shifts.

Critics argue that these moves may reduce funding for key programs, while supporters praise them as necessary steps toward fiscal responsibility.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Global EV shake-up: Australia slows, China surges, Lexus teases supercar

Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.

Published

10 hours ago

December 8, 2025

Harvey Vargas

Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.

Australia’s electric vehicle market is facing a slowdown, with sales struggling to hit the 100,000 mark this year.

Mike Costello from Cox Automotive breaks down the key barriers slowing adoption and explains whether current growth is enough to meet the country’s climate goals.

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#EVNews #ElectricCars #AustraliaEV #ChinaEV #LexusLFA #Zeekr7X #SustainableTransport #EVMarket

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Lando Norris claims first F1 World Championship after dramatic Abu Dhabi showdown

Published

14 hours ago

December 8, 2025

Harvey Vargas

Lando Norris secures his first F1 World Championship at Abu Dhabi, becoming Britain’s 11th World Champion with 423 points.

Lando Norris has clinched his maiden Formula 1 World Championship after an electrifying finale at the Abu Dhabi Grand Prix. In a race packed with tension, Norris held onto third place — the exact result he needed to secure the title.

His performance not only sealed his first championship but also cemented him as Britain’s 11th F1 World Champion, marking a historic moment for McLaren and the sport.

Norris closed out the season with 423 points, marking a defining milestone in his career.

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#Formula1 #F1News #LandoNorris #MaxVerstappen #OscarPiastri #AbuDhabiGP #McLarenF1 #TickerNews

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China naval activity raises tensions from Philippines to Galápagos

Rising tensions in the South China Sea prompt expert insights on regional security and global trade implications.

Published

14 hours ago

December 8, 2025

Harvey Vargas

Rising tensions in the South China Sea prompt expert insights on regional security and global trade implications.

Tensions in the South China Sea are rising as Chinese naval and fishing vessels are spotted near the Philippines and even as far as the Galápagos Islands. Experts warn these movements could impact regional security and international waters.

We speak with Tim Harcourt from UTS to break down the significance of these developments, including the role of Taiwan, ASEAN, and Japan in responding to Chinese maritime activity.

From potential diplomatic fallout to economic implications, this interview dives into what these naval movements mean for the future of the region and global trade.

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#ChinaNaval #SouthChinaSea #Geopolitics #Philippines #Galapagos #MaritimeTensions #InternationalRelations #TickerNews