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Finance

How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal:…

News

Four Questions About the Biden-McCarthy Deal

If the debt ceiling deal between President Biden and Speaker Kevin McCarthy wins Congressional approval, it will tell us a…

Finance

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…

News

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…

Finance

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…

News

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…

World

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…

Finance

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…

Finance

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.

Finance

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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