Latest in People Cut Back
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Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - Jan. 17 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Rahm misses cut, McIlroy struggles in Dubai
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.ESPN - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
The Big Question: why are people having fewer babies?
With fertility rates falling and populations of some countries shrinking, multiple causes could be behind the trendFinancial Times - Jan. 17 -
Is TikTok pushing Taiwan’s young people closer to China?
A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People’s RepublicFinancial Times - Jan. 17 -
Can Hollywood bounce back?
After strikes and the pandemic, studios hoped for a rebound in 2025. Then LA was set ablazeFinancial Times - Jan. 17 -
Cancer in women and young people is increasing, study finds
New data from the American Cancer Society shows overall cancer deaths are down but the number of women and young adults with cancer is up, according to a new study. CBS News' Michael George reports.CBS News - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
Watch: How people in Israel and Gaza responded to the deal
A ceasefire and hostage deal has been long-anticipated by people in Israel in Gaza, after 15 months of war.BBC News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Missile Attack Prompts Emergency Power Cuts in Ukraine
President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.The New York Times - Jan. 15 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - Jan. 15 -
How Israel erased a town of 200,000 people
Old maps, illustrations and videos of destruction tell the story of refugee camp levelled in Gaza offensiveFinancial Times - Jan. 14 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
People are still refreshing their Covid wardrobes to return to the office
Shoppers took advantage of holiday discounts to snag new clothes and shoes, with many heeding employers’ ongoing calls to bring staffers back to their desks.NBC News - Jan. 12 -
‘There are a lot of bitter people here, I’m one of them’: rust belt voters on why they backed Trump again despite his broken promises
Many in Youngstown, Ohio, believe the president-elect will tackle the town’s decline this time. Others are worried about his character flaws. Their concerns help explain how he returned to power – ...The Guardian - Jan. 11 -
More people in late 20s still living with parents
The rising cost of buying or renting home has led more to remain in the family home, a think-tank says.BBC News - Jan. 11 -
Redick: Lakers want to play, 'give people hope'
Lakers coach JJ Redick says he hopes Saturday's game against the Spurs will be played as scheduled, giving the people of Los Angeles 'hope' in the wake of recent wildfires.ESPN - Jan. 10 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Scientists prize neutrality – that doesn’t cut it any more. In 2025, they must fully back the climate movement | Bill McGuire and Roger Hallam
With 2024 set to go down as the hottest year on record, we know that what is coming is truly horrifying. The past 12 months have seen our world enter new territory. Last year will go down as the ...The Guardian - Jan. 9 -
At least 5 people killed in California's Eaton Fire
The Eaton Fire, which is burning in and around Pasadena, California, has killed at least five people, officials say. Firefighters are working around the clock to battle the fire, which has been ...CBS News - Jan. 9 -
People smugglers to have finances targeted with new sanctions
The planned measures will target the finances of illegal smuggling networks, the Home Office says.BBC News - Jan. 9 -
In Kursk, the Ukrainian invasion is back
Ukraine has renewed its offensive in the Russian Kursk Oblast, catching the Russian military and Kremlin off-guard, while the incoming Trump administration is preparing to send a fact-finding trip ...The Hill - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Does Dry January Really Make People Healthier?
Abstaining from alcohol can have immediate benefits. But lasting gains require lasting change.Wired - Jan. 7 -
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The battle for working people
Laura Loomer makes an important point about supporting American workers in the face of global competitionFinancial Times - Jan. 6
