Browsing: Budget
Oakland accidentally publishes draft report saying city is nearly bankrupt before swapping it with official document
A financial report warning of impending bankruptcy was accidentally released by Oakland city officials last week before it was quickly…
Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy,…
France says it has the ‘courage’ to cure its €15 billion absenteeism crisis, by delaying sick payments and cutting public sector benefits
France is grappling with a ballooning deficit, prompting significant tax hikes and aggressive cost-cutting measures announced earlier this month. Of…
Israel’s massive war spending could force tough choices between social programs and the military
On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah militant groups has been expensive, and the painfully…
Wizz Air CEO says passengers will ‘suffer the pain’ for cost savings as ‘Europe’s worst airline’ introduces budget 8-hour flights
Budget airline Wizz Air, routinely ranked as the worst airline in Europe, is betting its customers will “suffer the pain”…
Chicago is freezing hiring and curbing other expenses to help close more than $1 billion in budget shortfalls through next…
And now, climate change is coming for American pantries. Indeed, one in three American households are cutting back on groceries…
Gen Z is embracing ‘underconsumptioncore,’ bragging about decor-less apartments and beat-up Stanley cups to save money—and alleviate crushing anxiety
It’s finally cool to still wear clothes you bought in middle school and show off your studio apartment with no…
The sudden closure of several video-game studios at Microsoft Corp.’s Xbox division was the result of a widespread cost-cutting initiative…
U.S. President Joe Biden put forward a variety of crypto related taxes and regulations which he says could generate almost…