Tag: Top

  • Why the Fed is increasingly flying blind on the economy

    Why the Fed is increasingly flying blind on the economy

     

    Analysts have long expected a slowdown in the US labor market, but for the past 10 months, the data has come in better than expected.

    ​Analysts have long expected a slowdown in the US labor market, but for the past 10 months, the data has come in better than expected. 

  • New York Times: Twitter lays off another 10% of staff

    New York Times: Twitter lays off another 10% of staff

     

    Twitter’s massive job cuts continued this weekend, as the company cut about 10% of its remaining staff, according to a report in the New York Times.

    ​Twitter’s massive job cuts continued this weekend, as the company cut about 10% of its remaining staff, according to a report in the New York Times. 

  • Biden’s student loan forgiveness plan goes before the Supreme Court on Tuesday

    Biden’s student loan forgiveness plan goes before the Supreme Court on Tuesday

     

    Millions of student loan borrowers could see up to $20,000 of their debt canceled depending on the outcome of Tuesday’s US Supreme Court hearing on President Joe Biden’s student loan forgiveness program.

    ​Millions of student loan borrowers could see up to $20,000 of their debt canceled depending on the outcome of Tuesday’s US Supreme Court hearing on President Joe Biden’s student loan forgiveness program. 

  • Economists’ crystal balls are growing cloudier. But they still expect a recession

    Economists’ crystal balls are growing cloudier. But they still expect a recession

     

    The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren’t stellar. And mortgage rates are ticking higher.

    ​The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren’t stellar. And mortgage rates are ticking higher. 

  • House GOP committees plot investigations into East Palestine derailment

    House GOP committees plot investigations into East Palestine derailment

     

    A series of House Republican committees are plotting to launch investigations into the toxic train disaster in East Palestine, Ohio, multiple committee aides told CNN.

    ​A series of House Republican committees are plotting to launch investigations into the toxic train disaster in East Palestine, Ohio, multiple committee aides told CNN. 

  • Shipments of contaminated waste to resume from Ohio train derailment site

    Shipments of contaminated waste to resume from Ohio train derailment site

     

    The Environmental Protection Agency has approved resuming shipments of contaminated liquid and soil out of East Palestine, Ohio, where a train carrying toxic chemicals derailed earlier this month.

    ​The Environmental Protection Agency has approved resuming shipments of contaminated liquid and soil out of East Palestine, Ohio, where a train carrying toxic chemicals derailed earlier this month. 

  • Larry Summers: Why sanctions on Russia aren’t effective

    Larry Summers: Why sanctions on Russia aren’t effective

     

    Former Treasury Secretary Larry Summers said price caps on Russian energy should be stiffened up to maximize the impact of sanctions on the country as the war in Ukraine hits a year.

    ​Former Treasury Secretary Larry Summers said price caps on Russian energy should be stiffened up to maximize the impact of sanctions on the country as the war in Ukraine hits a year. 

  • Alligator pulled from NYC lake had swallowed bathtub stopper, authorities say

    Alligator pulled from NYC lake had swallowed bathtub stopper, authorities say

     

    The alligator rescued from a New York City park last week had swallowed a bathtub stopper, according to an update from zoo officials.

    ​The alligator rescued from a New York City park last week had swallowed a bathtub stopper, according to an update from zoo officials. 

  • Hundreds of newspapers drop ‘Dilbert’ comic strip after racist tirade from creator

    Hundreds of newspapers drop ‘Dilbert’ comic strip after racist tirade from creator

     

    Newspapers across the country dropped the “Dilbert” comic strip over the weekend after the creator of the satirical cartoon went on a racist tirade, calling Black Americans a “hate group” and suggesting that White people should “get the hell away” from them.

    ​Newspapers across the country dropped the “Dilbert” comic strip over the weekend after the creator of the satirical cartoon went on a racist tirade, calling Black Americans a “hate group” and suggesting that White people should “get the hell away” from them. 

  • RNC chair says requiring loyalty pledge for participation in GOP presidential debates is a ‘no-brainer’

    RNC chair says requiring loyalty pledge for participation in GOP presidential debates is a ‘no-brainer’

     

    Republican National Committee Chairwoman Ronna McDaniel said Sunday that she expects 2024 GOP presidential contenders will have to sign a pledge to back the party’s ultimate nominee in order to participate in primary debates.

    ​Republican National Committee Chairwoman Ronna McDaniel said Sunday that she expects 2024 GOP presidential contenders will have to sign a pledge to back the party’s ultimate nominee in order to participate in primary debates.