By Andrew Moran The number of Americans newly filing applications for unemployment benefits rose slightly higher than expected, signaling further cooling in the U.S. labor market. According to the Department of Labor, initial jobless claims increased by 8,000, to 237,000 for the week ended Aug. 30, the highest level since mid-June. This is up from […]
Tag: Department of Government Efficiency (DOGE)
The Department of Government Efficiency (DOGE) is a planned United States presidential advisory commission announced by Donald Trump, the president-elect of the United States, in preparation for his second term as U.S. president. It will be led by the billionaire businessman Elon Musk and the entrepreneur Vivek Ramaswamy. Despite its name, DOGE is not intended to function as a federal executive department, the creation of which would require the approval of the U.S. Congress. Instead, it will serve as an advisory body aiming to streamline the U.S. federal government and reduce inefficiency.
