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Those proposals include repealing President Biden’s electric vehicle mandate, cutting funding for the IRS, adding work requirements for Medicare and food stamps, eliminating benefits for illegal ...

That would represent a roughly 10 per cent cut in the bank’s expense bill, which is estimated to be around US$32.6 billion for the year, according to figures compiled by Bloomberg. The bank is ...

According to the report, the bank is also cutting a team that compiles data and analysis on Citi’s clients. Senior departures included Shadman Zafar, the bank’s Dallas-based co-chief ...

DE PERE - St. Norbert College is recommending a third round of faculty cuts, including tenured faculty and the college’s entire theology department, according to college faculty and documents ...

Tesla CEO Elon Musk appears to be grappling with lower than expected demand for his Cybertruck at its current cost and needs to trim the sticker price after only one quarter of offering the ...

Allow for a quick riff on RIFs. Many companies go out of their way to avoid calling job cuts what they are. Whether it's a "reduction in force," "rightsizing," or "streamlining," the fancy ...

Maryland Gov. Wes Moore (D) on Wednesday revealed his plan to balance the state budget in the face of a $3 billion deficit, detailing wide-reaching cuts that would affect some vulnerable ...

She’s already promising checks and tax cuts, new money for transit projects, cops on the subway and programs supporting pregnant women. Gov. Hochul must convince New Yorkers she has a plan to ...

For several weeks, Moore has telegraphed the upcoming budget cuts and ‘revenue’ increases to solve the state’s $3 billion deficit. He has blamed the deficit on the previous administration's ...