President Donald Trump and the Department of Government Efficiency’s (DOGE) efforts to reduce the federal government’s workforce were seemingly reflected in recently released data from the U.S. Office of Personnel Management (OPM).
The OPM’s data shows that the government’s civilian workforce shrank by 12% between September 2024 and January 2026, going from a headcount of 2,313,216 to 2,035,344.
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Separate data, also released by the OPM, shows that the majority of employees who left during that time did so voluntarily rather than being forced out, Reuters reported. The outlet also noted that administrative staff, customer service representatives and IT managers were at the top of the list of positions that left once Trump returned to office.
President Donald Trump smiles during a roundtable on the Ratepayer Protection Pledge in the Indian Treaty Room at the Eisenhower Executive Office Building on the White House campus on March 4, 2026. (Andrew Caballero-Reynolds/AFP via Getty Images)
“Reshaping the federal workforce is essential to building a government that works for the American people, not the bureaucracy. By realigning roles, streamlining operations, and modernizing how agencies manage talent, we are strengthening performance and accountability across government. This effort ensures taxpayer dollars support a workforce that delivers efficient, responsive, and high-quality services,” OPM Director Scott Kupor told Fox Business.
During his 2024 campaign, Trump spoke about his desire to slash the government workforce through the creation of a new department, which would later be known as DOGE. The main backer of the idea, and the person who led the team until leaving the administration in May 2025, was billionaire Tesla CEO Elon Musk.
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Elon Musk during a news conference with President Donald Trump in the Oval Office of the White House on May 30, 2025. (Francis Chung/Politico/Bloomberg via Getty Images)
Musk championed the idea during his appearance at a Trump rally in Madison Square Garden in late October, just days before the 2024 election.
“Your money is being wasted, and the Department of Government Efficiency is going to fix that. We’re going to get the government off your back and out of your pocketbook,” he told the crowd.
On his first day in office, Trump signed an executive order establishing DOGE as a temporary organization, giving it an expiration date of July 4, 2026. The order kicked off a temporary hiring freeze and the implementation of a hiring plan that restricted agencies to hiring one new employee for every four that departed.
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An aerial view of the U.S. Capitol on Oct. 26, 2025, in Washington, D.C. (Al Drago/Getty Images)
Uphill station would be on line to Weston-super-Mare
John Wimperis and Local Democracy Reporter
17:00, 05 Mar 2026
Campaigners say the reopened station should be on the loop line(Image: PA)
Councillors have been urged to press for the reopening of a forgotten railway station in Weston-super-Mare.
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After the Bristol to Exeter main line passes through Worle, a loop line forks off and stops at Weston Milton and at Weston-super-Mare railway station in the town centre. But there is a fourth long since forgotten railway station which once served the town and that campaigners are now suggesting should reopen.
The Bristol Rail Campaign said that a reopened Uphill railway station could serve Weston Hospital, the Weston College’s Loxton campus, the nearby estates, and provide access to Uphill Beach and local walks. The group’s campaigns lead Christina Biggs suggested to a North Somerset Council scrutiny panel on February 26 that the council should press the West of England Combined Authority (WECA) for the funding to reopen the station if it becomes a member.
The original Uphill railway station opened in 1871, just south of the cutting through the hill crossed by Devil’s Bridge. It was followed in 1884 by Uphill Junction railway station, which opened just north of the cutting. The Bristol Rail Campaign are suggesting that a new Uphill station should be in a slightly different location so that it is on the loop line serving Weston Milton and Weston-super-Mare.
Ms Biggs said: “The idea then is that you are not holding anything up on the mainline. You are just using the local trains that would stop at Weston Milton, Worle, and Weston-super-Mare.”
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North Somerset Council is expected to join WECA by the end of the year or early 2027, with a public consultation on the plan currently running until April 10. WECA has millions of pounds of transport funding and Ms Biggs said the council should press for some of this to be spend on a feasibility study on opening a new Uphill railway station. She said: “It’s something you could quite reasonably ask of WECA as an introductory thing/taster.”
WECA is already helping to fund the reopening of the Portishead Railway at the other end of North Somerset, which after a decades long campaign is expected to reopen in 2028. Ms Biggs said: “Uphill is pretty minor because its on an existing line. You don’t have any of the problems of the Portishead Line.”
North Somerset Council is yet to debate or decide whether Uphill railway station is a project it wants to pursue.
The sneaker world is buzzing as Nike prepares to release one of its most coveted retros in recent memory: the Nike Air Max 95 OG “Neon,” dropping Thursday, March 5, 2026. Following a highly limited rerelease in 2025 that sparked massive demand and quick sell-outs, this wider edition arrives in full-family sizing, marking what many call the most anticipated Air Max 95 drop in years.
Nike Air Max 95
The “Neon” colorway — originally launched in 1995 — remains a cornerstone of sneaker culture. Designed by Sergio Lozano, the silhouette features a distinctive gradient upper with black-to-cool grey suede overlays that fade upward, accented by vibrant neon yellow (often referred to as Volt) hits on the eyelets, midsole branding and outsole. The design draws inspiration from human anatomy, with layered panels mimicking ribs and muscles, while the visible Air unit in the heel provides signature cushioning.
This 2026 version revives the “Big Bubble” construction, restoring the larger, more pronounced visible Air unit in the heel that closely mirrors the 1995 original. Previous reissues, including some from the early 2020s, featured smaller bubbles that drew criticism from purists. Reviewers and on-feet videos circulating ahead of launch praise the update, noting improved sizing consistency — many suggest it runs true to size (TTS) after years of complaints about the model’s fit.
“These are a return to roots,” one sneaker reviewer noted in a pre-release breakdown. “The bigger bubble not only looks more authentic but enhances the ride without sacrificing the classic aesthetic.”
The release timing aligns with broader Air Max celebrations, as Nike rolls out a “Neon Pack” theme for 2026. Alongside the Air Max 95, the pack includes neon-infused versions of the Air Max 90, Air Max Plus and Air Max TL 2.5, plus complementary apparel like graphic jerseys evoking late-’90s energy. The “Neon” 95 headlines the lineup, with its cultural pedigree — worn by athletes, musicians and streetwear icons for decades — driving hype.
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Pricing remains accessible: adult pairs retail at $190 USD (approximately $245 CAD in some markets), with scaled options for younger fans — Grade School at $147, Preschool at $112 and Toddler at $82. Full-family availability broadens appeal, contrasting the adult-exclusive 2025 drop that left many out.
Consumers can cop via Nike SNKRS app and select global retailers including Foot Locker, JD Sports, Champs, Finish Line, Dick’s Sporting Goods and others. Some retailers offered early access raffles or draws earlier this week, with standard first-come, first-served drops expected at 10:00 AM ET (or regional equivalents) on March 5. Stock appears more robust than last year’s limited run, though high demand for classic Air Max 95 colorways — especially during the ongoing “big bubble” era — suggests sell-outs remain possible.
The Air Max 95’s enduring popularity stems from its innovative design and versatility. The wavy lines and layered materials create a dynamic look that pairs effortlessly with jeans, tracksuits or athleisure. Its influence extends beyond Nike, inspiring countless homages and even cross-brand collaborations. In recent years, the model has seen resurgence through high-profile retro campaigns, celebrity endorsements and its role in streetwear’s mainstream ascent.
Sneaker analysts point to this drop as a test of sustained interest in heritage silhouettes amid a crowded market. With resale platforms like StockX already showing pre-release interest, the “Neon” could command premiums if initial supply tightens.
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As sneakerheads gear up for launch day, the consensus is clear: this isn’t just another retro — it’s a chance to own a piece of sneaker history updated for today. Whether for collection, daily wear or flexing on the timeline, the Air Max 95 “Neon” Big Bubble stands ready to make waves once more.
Nike continues to leverage its Air Max legacy, blending nostalgia with modern tweaks to keep the line relevant. This week’s release underscores the brand’s commitment to its icons while expanding access for new generations.
U.S. President Donald Trump and New York Attorney General Letitia James.
Brian Snyder | David Dee Delgado | Reuters
New York Attorney General Letitia James and the top prosecutors of 23 other statesare planning to once again sue to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision struck down his previous effort.
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Their lawsuit, expected to be filed Thursday in the Court of International Trade, will seek to deem Trump’s latest tariffs illegal and order refunds to states.
Last month, the Supreme Court invalidated most of Trump’s sweeping “Liberation Day” tariffs implemented last year, saying that his use of the International Emergency Economic Powers Act to impose duties was improper.
But the president sought to keep his signature policy alive by immediately announcing a new wave of tariffs, these based on another law, Section 122 of the Trade Act of 1974. That global tariff rate is currently set at 10%, but the Trump administration has said it plans to raise it to 15%.
“After the Supreme Court rejected his first attempt to impose sweeping tariffs, the president is causing more economic chaos and expecting Americans to foot the bill,” James said in a statement provided to CNBC.
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“President Trump is ignoring the law and the Constitution to effectively raise taxes on consumers and small businesses,” she said.
The move from the coalition of state attorneys general — most of whom were part of the successful effort to block Trump’s original tariffs — will add to the ongoing international uncertainty created by the president’s tariff policies. On Wednesday, a federal court ruled that companies that paid tariffs struck down last month by the Supreme Court are due billions of dollars in refunds.
Misuse of law
In their lawsuit, James and the coalition will argue that Trump is misusing Section 122 of the 1974 trade act, which they say was designed to address specific monetary imbalances possible when the U.S. was under the gold standard, rather than to combat trade imbalances.
The attorneys general will also contend that the tariffs violate the Constitution’s separation-of-powers principle giving Congress the power to impose duties, and that Trump’s levies violate the 1974 trade act’s requirements that they be applied consistently across countries.
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The effort is “a clear attempt to escape the Supreme Court’s ruling in the case against the tariffs imposed under IEEPA,” according to James.
Last year, James and 11 other states sued the Trump administration to halt his original round of tariffs. That effort was eventually combined with suits from small businesses affected by tariffs in the Supreme Court case that handed Trump one of the biggest legal setbacks of his second term.
Trump and James have had their own legal entanglements.
His administration’s Justice Department indicted James in October on two counts, bank fraud and making false statements to a financial institution.
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James, however, faces no charges after a judge threw out her indictment and two grand juries separately declined to revive those efforts.
Correction: The lawsuit from James and other state attorneys general is expected to be filed Thursday. A previous version misstated the timing.
‘The Big Money Show’ discusses mortgage rates, property taxes and the struggle home sellers are facing.
Mortgage rates ticked higher to 6% this week, mortgage buyer Freddie Mac said Thursday.
Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6% from last week’s reading of 5.98%.
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The average rate on a 30-year loan was 6.63% a year ago.
“In fact, rates are down nearly a full percentage point from this time in 2024, spurring activity from buyers, sellers and owners,” said Sam Khater, Freddie Mac’s chief economist. “As a result, refinance activity is up, and purchase applications are ahead of last year’s pace.”
The average rate on a 15-year fixed mortgage increased to 5.43% from last week’s reading of 4.44%.
Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Though mortgage rates are not directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.02% as of Thursday afternoon.
A magnitude 4.9 earthquake struck northwestern Louisiana early Thursday, March 5, 2026, awakening residents across the region and marking the second-strongest recorded tremor in the state’s history, according to the U.S. Geological Survey.
Louisiana Earthquake: Rare 4.9 Magnitude Earthquake Rattles Louisiana, Second-Strongest in History
The quake hit at approximately 5:30 a.m. CST (6:30 a.m. EST), with its epicenter located about 6 miles west of Edgefield in Red River Parish, roughly 36-40 miles south-southeast of Shreveport. The USGS initially reported the magnitude as 4.4 before upgrading it to 4.9 based on refined data. The shallow depth of about 3-5 miles (5-10 km) contributed to widespread felt shaking despite the moderate size.
Residents from Shreveport and Bossier City to Coushatta and beyond described noticeable jolts that rattled windows, shook furniture, rattled pipes and briefly disrupted sleep. Social media flooded with reports of “the house shaking like a truck hit it” and questions about whether it was a train, explosion or genuine seismic event. The tremor was felt across much of northern Louisiana and into parts of eastern Texas, with some accounts extending to areas near Texarkana.
No immediate reports of serious injuries, structural collapses or major infrastructure damage emerged by midday Thursday. Emergency management officials in Red River, Bossier and Caddo parishes activated protocols to assess buildings, bridges and utilities, but preliminary surveys indicated only minor issues such as cracked drywall or dislodged items in homes. The USGS issued a green alert for the event, signaling a low probability of casualties or significant economic losses from shaking.
Seismologists noted the rarity of such an event in Louisiana, a state not typically associated with frequent or powerful earthquakes. The Pelican State’s seismic history is dominated by smaller events, often linked to the regional fault systems or induced activity from oil and gas operations in some cases. The previous strongest quake was a magnitude 5.3 event off Grand Isle in southern Louisiana on Feb. 9, 2006 — an offshore tremor tied to different tectonic dynamics.
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Thursday’s quake ranks as the strongest inland earthquake in Louisiana records and the most powerful to affect the Shreveport area in decades. It surpasses recent minor activity in the region, including a 2.9 magnitude event near Coushatta in late February 2026 and several 2.6-3.1 tremors since late 2025. The area’s geology includes parts of the stable interior of the North American plate, but proximity to the New Madrid Seismic Zone to the north and Gulf Coast subsidence features can allow occasional felt events.
Experts from the USGS and local universities emphasized that while the quake was significant for the area, it remains below thresholds typically associated with widespread destruction. “Magnitude 4.9 events produce strong shaking near the epicenter but rarely cause major damage unless structures are particularly vulnerable,” one seismologist commented in initial briefings. The event’s shallow focus amplified intensity, leading to “moderately strong” perceived shaking (Modified Mercalli Intensity V-VI) close to the epicenter.
Local officials urged residents to check for gas leaks, inspect chimneys and report any structural concerns to authorities. The Red River Parish Sheriff’s Office and Louisiana State Police coordinated response efforts, while the National Weather Service and emergency broadcasters disseminated safety information. No tsunami risk existed, given the inland location.
The quake prompted a surge in “Did You Feel It?” submissions to the USGS website, helping refine intensity maps. Community reactions ranged from surprise to curiosity, with some longtime residents recalling faint tremors in past years but nothing of this caliber. Social media posts included videos of swaying light fixtures and personal accounts from as far as 100 miles away.
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Geologists continue monitoring for aftershocks, which are possible but expected to be minor. As of early March 6, 2026 (KST — corresponding to late March 5 evening local time), no significant follow-up events had been recorded, though small aftershocks below magnitude 2.0 may go undetected without sensitive instruments.
This event underscores Louisiana’s occasional seismic vulnerability, even in areas considered low-risk. State emergency preparedness officials used the occasion to remind residents of basic earthquake safety: drop, cover and hold on during shaking, and secure heavy objects to prevent hazards in future incidents.
As investigations into the quake’s precise cause continue — potentially natural tectonic stress or linked to regional subsurface activity — northwest Louisiana returned to normalcy Thursday afternoon. Schools, businesses and transportation operated without major disruptions, though the morning’s rare rumble left an impression on a region more accustomed to hurricanes and floods than earthquakes.
The 4.9 magnitude tremor serves as a reminder of nature’s unpredictability, even in stable continental interiors. Authorities and scientists will analyze data in coming days to better understand this unusual addition to Louisiana’s seismic catalog.
The Value Investor has a Master of Science with specialization in financial markets and a decade of experience tracking companies via catalytic company events.
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