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News
Fixing Social Security and Medicare: Where the Parties Stand
Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as retirees.
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Newyork
What America Should Do About Its Ballooning Debt
A lot of the news coverage of hitting the federal debt ceiling has been political: The motion to vacate! The discharge petition! The trillion-dollar platinum coin workaround! I prefer to look at the debt ceiling from the perspective of economics ...
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News
Vox Media to Cut 7 Percent of Workers
The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media companies cutting back staff amid economic uncertainty.
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Newyork
Why Republican Politicians Still Hate Medicare
The Republicans who now control the House will soon try to slash Social Security and Medicare. They plan to achieve this by holding the economy hostage, threatening to create a financial crisis by refusing to raise the federal debt ceiling. The ...
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US
Salesforce to Lay Off 10 Percent of Staff and Cut Office Space
The software company plans to cut around 8,000 jobs as business slows for tech companies. “We hired too many people leading into this economic downturn,” Salesforce’s chief executive said.
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News
Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The group, known as OPEC Plus, appears to have decided during a teleconference that there was no reason to alter policy amid the ...
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News
Gannett Starts Another Round of Staff Cuts
The largest newspaper chain is cutting roughly 6 percent of its 3,440-person U.S. media division.
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News
Layoffs Hit CNN as Cost-Cutting Pressure Mounts
Chris Licht, the network’s chairman, said that the company would be notifying affected employees later this week.
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World
What to Expect From the U.K.’s Budget Proposals Today
LONDON — Less than two months after an unfunded tax-cutting plan sent Britain’s currency plunging and its borrowing costs soaring, toppling a new ...
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World
What to Expect from the U.K.’s Budget Proposals Today
LONDON — Less than two months after an unfunded tax-cutting plan sent Britain’s currency plunging and its borrowing costs soaring, toppling a new ...