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Federal Funding

Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss
Sesame Workshop To 'Downsize Significantly' Amid Funding Cuts, Streaming Partner Loss Sesame Workshop, the nonprofit production company behind the beloved children's educational TV show "Sesame Street," is facing major staff cuts after losing key funding. Daily Voice confirmed the layoffs in an email from a Sesame Workshop spokesperson on Wednesday, Mar. 5. The job cuts were first reported by Semafor media editor Max Tani, who obtained an internal staff note from CEO Sherrie Rollins Westin. The spokesperson didn't disclose how many employees were affected. "As production of our 56th season begins next month, we remain as committed as ever to bringin…
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…
White House Declares These 5 NJ Counties Disaster Areas During January Nor'easter White House Declares These 5 NJ Counties Disaster Areas During January Nor'easter
White House Declares These 5 NJ Counties Disaster Areas During January Nor'easter President Joe Biden offered federal funding to five New Jersey counties declared disaster areas after being heavily affected by a winter storm last January, White House officials announced. Cape May, Morris, Ocean, Sussex, and Warren were made eligible on Wednesday to receive assistance from the Federal Emergency Management Agency (FEMA) on a cost-sharing basis for hazard mitigation measures. The Jan. 31 to Feb. 2 storm buried northern areas under several feet of snow while communities along the Jersey Shore were severely damaged by the tides. Additional designations may be made …