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Deloitte, one of the world’s largest professional services firms, has emerged as the primary casualty of Elon Musk’s campaign to slash federal government spending. Since January, the Department of Government Efficiency (DOGE), led by Musk under Donald Trump’s second-term administration, has cut or modified 124 of Deloitte’s contracts, more than double the number axed from any other consultancy. The total value of these terminated contracts exceeds $1.16 billion, with DOGE claiming a $371.8 million saving for taxpayers. The largest of these was a $51 million IT services contract with the Department of Health and Human Services. Other impacted agencies include the CDC, NIH, and EPA. According to Fortune, the effects are already trickling down. Deloitte’s Government and Public Services division, which employs over 15,000 people, has started pulling staff off projects. Layoffs are expected.

Subscribe to enjoy similar stories. Elon Musk doesn’t share the spotlight with many people. Donald Trump is one.

Southern University in Louisiana was awarded $600,000 for its "Project Farm to Feminine Hygiene", a bold effort to develop natural alternatives to synthetic sanitary products. Using regenerative cotton, wool, and industrial hemp, the project also planned to launch educational programmes and support local fibre farmers by building a processing facility. But that vision has been cut short. On 7 March, Agriculture Secretary Brooke Rollins announced on X that she was revoking the funding, claiming the grant was meant to study “menstrual cycles in transgender men.” It wasn’t. The actual documentation mentions transgender people only once—acknowledging that they, too, may menstruate. The single-line reference was enough to trigger a misinformation storm.

The report attributed this slowdown to seasonal weakness and reduced discretionary spending on digital transformation projects by global clients. It said, «We expect IT services companies within our coverage to report subdued growth during 4QFY25 on seasonal weakness and lower discretionary digital transformation spends.»

Laura Loomer raised concerns to him about staff loyalty. Even though Trump downplayed Loomer’s influence on the firings but Loomer during her Oval Office conversation with Trump urged the president to purge staffers she deemed insufficiently loyal to his “Make America Great Again” agenda, according to several people familiar with the matter, reports news agency AP. Here are ten things you need to know in the story: -Several members of President Trump's embattled National Security Council have been fired, multiple media reports said Thursday. The firing comes a day after conspiracy theorist Laura Loomer visited the Oval Office and pressed Trump to fire specific NSC staffers. ALSO READ: Elon Musk's DOGE found something 'horrible': Trump makes big claim, wants his 'first buddy' to stay with admin

«The whole purpose of creating this chaos seems to be to deliberately weaken the dollar. Gold has been pricing this in for a while now, and it’s already extremely expensive—so don’t read too much into gold’s move yesterday,» says Maneesh Dangi, Macro Mosaic Investing. World moves in a pattern, which is that if there is problem of growth, then gold goes up. If there is problem of inflation, gold goes up. If there is a fear of recession, then equities go down. Last night, everything went down, gold, silver, Bitcoin. Why have we seen such a massive synchronised sell off last night at least in US markets? So, if uncertainty increases in general, the typical reflex you talked about does occur. However, we are in uncharted territory. It has never happened before that a country like the US is behaving the way it currently is. The whole purpose of creating this chaos seems to be to deliberately weaken the dollar. Gold has been pricing this in for a while now, and it’s already extremely expensive—so don’t read too much into gold’s move yesterday.

Donald Trump's close ally Elon Musk stint with the government may probably end soon. The world’s richest person’s government service hitting its legal limit in the coming weeks, meaning Musk will reportedly step down as Department of Government Efficiency (DOGE) chief by the end of May. “He’s got a big company to run … at some point he’s going to be going back,” Donald Trump told reporters on Monday. “I’d keep him as long as I could keep him,” the president added. Amid this, US Vice President JD Vance said Musk will continue to be a «friend and adviser» to the Trump administration- even after his stint at DOGE is up. ALSO READ: Real reason why Trump's 'first buddy' Elon Musk is quitting DOGE in four months

Norfolk Island has a population of over 2,000 people and lies 1,600km (1,000 miles) north-east of Sydney and its economy revolves around tourism. The 29% tariff is 19 percentage points higher than the rest of Australia. In 2023, Norfolk Island exported US$655,000 (A$1.04m) worth of goods to the US, with its main export being US$413,000 (A$658,000) worth of leather footwear, according to Observatory of Economic Complexity data. ALSO READ: 'Such an old-fashioned term but beautiful': Trump was mesmerized by THIS word in 'Liberation Day' speech

Elon Musk may quits DOGE: In an unexpected turn of events, Elon Musk may have stepped down from his involvement with DOGE and, even more surprisingly, his government role under President Trump. Reports are circulating that Musk has chosen to retreat from his governmental responsibilities, a move that has rattled Washington and sent Tesla stock soaring. But why now, and what does this mean for the future of both Musk’s business empire and his political ties to Donald Trump?

Elon Musk who is now working in the US Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters. Christopher Stanley, a 33-year-old engineer who has worked at both Musk's social media company X and space-launch company SpaceX, is a senior advisor in the Deputy Attorney General's office, according to a former Justice Department official and a staff directory listing reviewed by Reuters. Stanley was assigned there while working for Musk's Department of Government Efficiency that President Donald Trump set up to slash the federal bureaucracy. Musk has said no «organization has been more transparent» than DOGE, but there's been little public information on the responsibilities and background of its staff.

Elon Musk's days as a senior White House adviser may be coming to an end — along with his government-slashing Department of Government Efficiency. After the tech mogul said that he would step down as DOGE chief by the end of May, US President Donald Trump has hinted that his 'first buddy' Musk may quit his role as a senior White House adviser leading the DOGE and will likely to go back to running his several companies full time. President Trump Monday said he wants to keep Elon Musk at the White House for as long as he is willing to oversee the DOGE but suggested the billionaire tech entrepreneur's time could be nearing an end. ALSO READ: 'Did Biden do news conferences like this?': Trump calls friend Kid Rock ‘Bob’ during rapper’s bizarre appearance

Donald Trump knows how to dominate the news headlines. On Sunday, the President reiterated that he could pursue a third term as US President, even though such a move could challenge the constitutional two-term limit established by the 22nd Amendment. President Trump, in an interview to NBC News, said that there were methods for doing so and clarifying that he was “not joking.”

Elon Musk acknowledged that his job as head of President Donald Trump’s effort to cut the size of government is “costing me a lot” when it comes to his other big job, as CEO of Tesla Inc. Political backlash from Musk’s recent political forays in the US and around the world have weighed on Tesla at home and abroad. “It’s costing me a lot to be in this job,” Musk said at a town hall event in Wisconsin, noting some of his political opponents have highlighted the stock’s retreat. “What they’re trying to do is put massive pressure on me, and Tesla I guess, to you know, I don’t know, stop doing this,” Musk said. “My Tesla stock and the stock of everyone who holds Tesla has gone, went roughly in half. I mean it’s a big deal.” Tesla shares rose to a record high in the month after Trump was elected, but have dropped 45% since their Dec. 17 peak. While he remains the world’s richest man, Musk’s own personal wealth has declined by more than $100 billion this year, according to the Bloomberg Billionaires Index. “Long term I think Tesla stock’s going to do fine, so maybe it’s a buying opportunity,” Musk said.

Signal chat leak row mounted troubles for US Defense Secretary Pete Hegseth, he is under fire again- this time for allegedly bring his wife to high-sensitive military meetings, reports the Wall Street Journal. Pete Hegseth's wife attended two meetings with foreign defense officials during which sensitive information was discussed, the report stated. The WSJ's report on Pete Hegseth comes at a time when he is already facing scrutiny for detailing plans of a military strike in a group chat on Signal, made public by a journalist at the Atlantic who had been added to the chat. Multiple Democrats have called for his resignation while a bipartisan group of senators sent a letter to the defense department calling for an inquiry into the group chat. ALSO READ: 'I am almost done...': Elon Musk to quit DOGE and leave Washington DC after $1 trillion in US govt cuts

Pete Hegseth called Japan on Sunday an «indispensable partner» in deterring growing Chinese assertiveness in the region and announced upgrading the US military command in Japan to a new «war-fighting headquarters.» Hegseth, who is on his first Asia trip with Japan as his second stop, also stressed the need for both countries to do more to accelerate the strengthening of their military capability as the region faces China's assertive military actions and a possible Taiwan emergency. «Japan is our indispensable partner in deterring Communist Chinese military aggression,» Hegseth said at the beginning of his talks with Japan's Defence Minister Gen Nakatani in Tokyo. «The US is moving fast, as you know, to reestablish deterrence in this region and around the world.» His comments come as an assurance at a time when Japan has been worried about how US engagement in the region may change under President Donald Trump's «America First» policy, Japanese defence officials said, speaking on condition of anonymity, citing protocol. ALSO READ:'I am almost done...': Elon Musk to step down from DOGE and quit Washington DC after $1 trillion in US govt cuts

Subscribe to enjoy similar stories. After spending months and more than $250 million campaigning to elect President Trump, Elon Musk made a call late last year to help roll out his plan for humanity’s path beyond Earth.

Subscribe to enjoy similar stories. It’s March 29, which the organizers of Tesla Takedown called a global day of action to protest and “stop" CEO Elon Musk peacefully. As it relates to Musk, what protestors want to stop are, or likely are, DOGE cuts.

Elon Musk has a lot on his mind. In a candid interview with Fox News’ Bret Baier, the tech billionaire and head of the Department of Government Efficiency (DOGE) warned about the dangers of a declining birth rate and America’s role in holding up Western civilisation. He described the issue as existential, warning that without intervention, civilization could collapse.

Elon Musk, in an interview with Fox News, claimed that his companies are “suffering” due to his involvement in the government. He emphasised that his role in the government puts him at a disadvantage, not an advantage. “If I wasn’t in the government, I could lobby. I could push for things that are advantageous to my company and probably get it,” he clarified. Musk heads the Department of Government Efficiency (DOGE), an advisory body set up by President Trump to cut the federal workforce and eliminate wasteful spending. Concerns about potential conflicts of interest have grown, given his private businesses alongside his government role and its impact on official decisions.