July 10, 2025
The US Supreme Court on Tuesday allowed President Donald Trump to proceed with widespread cuts to the federal workforce, pending a full trial, overruling a San Francisco judge’s order in May that temporarily blocked layoffs at 22 agencies. Prior to the Supreme Court’s ruling, thousands of government employees had been preparing for mass layoffs, with many notified of their pending terminations but awaiting official confirmation.
Here’s a look at the changing size of the federal workforce, which includes the US military, since Trump first took power in 2017.
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European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council's meeting, in Frankfurt, Germany June 11, 2026.
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The ECB raised interest rates for the first time since 2023, becoming the first G7 central bank to act against inflation driven by the war in Iran. With the Bank of Japan poised to follow suit, pressure mounts on the US Federal Reserve to respond.
Vladimir Putin hoped the war would end in weeks. It’s now over four years old.
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