Oregon Cold Stone Creamery employee loses 3 fingers on the job: reports
Former Oregon Cold Stone Creamery employee Jordyn Martin was left with seven fingers after an accident involving an ice cream machine earlier this month.
House Republicans to consider debt prioritization bill as default looms
The House Ways and Means Committee will consider a bill on Thursday that would prioritize federal spending if the U.S. hits the debt ceiling later this year.
Social Security on a path to major benefit cuts unless Congress acts, CBO director says
CBO Director Phillip Swagel said that once Social Security's trust fund becomes exhausted in 2032, benefits would automatically be cut by 25% unless Congress acts.
Economy, job market among nation’s most pressing issues, say concerned Americans
People in Austin, Texas, identified what they believed to be the most pressing issues facing America currently, with over half of people pointing to the economy
Interest payments on the national debt to reach $1.4 trillion annually in 2033: CBO
The CBO projects that the cost of servicing the national debt will more than double over the next decade to over $1.4 trillion in interest payments in FY2033.
US debt default deadline looms this summer or early fall, ‘urgent need’ for Congress to act: BPC
The Bipartisan Policy Center said that the "X date" on which the debt limit will need to be raised to avoid default will arrive this summer or early fall, depending on tax revenue.
DocuSign to cut 10% of workforce, nearly 700 employees will lose jobs
DocuSign, an e-signature and software company, has announced it cutting 10% of its workforce after 9% of its staff in 2022.
US national debt to rise by $20 trillion over the next 10 years: CBO
The CBO released its annual budget and economic outlook which projects that the U.S. national debt will grow by about $20 trillion over the next 10 years.
Robolox shares surge as gamers above 17 years old play
Roblox Corp reported fourth quarter earnings that beat analysts' expectations on Wednesday, and shares for the online gaming platform are now up roughly 20%.
Chevron weighs extending CEO Mike Wirth past mandatory retirement age
Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.
Biden invokes 'chaos,' sticks to refusal to negotiate on debt during first post-State of the Union speech
President Joe Biden on Wednesday said defaulting on the national debt -- as advocated by some Republican lawmakers -- would lead to "chaos."
Is the US ready for a four-day work week?
Research shows 64% of managers expect their company to transition to a four-day schedule within the next five years.
Republicans sound off on Dem spending amid debt ceiling battle
Capitol Hill Republicans voiced their displeasure with Democratic spending levels as House Speaker Kevin McCarthy met with President Biden over raising the debt ceiling.
Game on! Rubik’s Cube announces eco-friendly version of the famous rotating puzzle
Rubik's Cube launched their first-ever 100% recycled cube for purchase. Manufactured by Spin Master, the model is a part of their sustainability initiative to be more eco-friendly.
FedEx cutting over 10% of management roles
FedEX CEO Raj Subramaniam announced in a letter to team members the company was reducing over 10% of its executive roles to maintain efficiency during uncertain economic times.
AOC blames Trump tax cuts for deficit when asked if Democrats have spent too much
House Democrats are blaming former President Donald Trump for the rising national debt and trillion-dollar budget deficits two years after Trump left office and Democrats assumed control of Congress.
3M cutting thousands of jobs, profits tumble
3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.
Big spending cuts required to balance federal budget: CRFB
Balancing the federal budget would require significant spending cuts without tax increases and even additional tax revenue may not close the deficit, based on a CRFB report.
Bipartisan TRUST Act aims to shore up Social Security, Medicare, Highway trust funds
The bipartisan TRUST Act would establish rescue committees that propose financial fixes for endangered trust funds that feed Social Security, Medicare, and highway projects.
US debt ceiling forces Treasury into 'extraordinary measures'
The U.S. officially hit its debt ceiling of $31.38 trillion Thursday, which prompted the Treasury Department to use "extraordinary measures" to avoid defaulting on the national debt.