In a bold move, US Defense Secretary Pete Hegseth announces $5.1 billion in cuts to nonessential contracts, aiming for greater government efficiency alongside Elon Musk's task force. Major consulting firms like Accenture and Deloitte are affected, saving $1.8 billion for Defense Health.
Discover how Fortune Media is influencing business trends in 2025. From economic shifts to advertising strategies, learn what’s shaping the market landscape this year!