Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price. About 20,000…
Category:
Business
-
-
BusinessEditor's Pick
IRS has collected more than $520M in back taxes from delinquent millionaires so far
The IRS announced Friday that it has recently collected more than half a billion dollars from millionaire Americans who owed tax debt. The…
-
BusinessEditor's Pick
Inflation ticked up to 3.4% in December thanks in part to outsized housing costs
Inflation climbed from 3.1% to 3.4% in December, a sign the Federal Reserve will continue to have to wrestle consumer price growth down…
-
Family grocery bills have been on the rise with higher prices for some items, such as ground beef, and lower prices for others,…
-
BusinessEditor's Pick
Alaska, United flight cancellations continue amid ongoing investigation of Boeing 737 Max 9
Alaska and United airlines announced additional cancellations in the wake of the nationwide grounding of Boeing 737 Max 9 aircraft. In a statement…
-
BusinessEditor's Pick
Americans grow more confident about the economy, even as the Fed’s inflation fight continues
To many consumers, it probably doesn’t feel like a big improvement. But after two years of breakneck inflation that sent the cost of…
-
The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29. But although official processing won’t begin until that…
-
An error in how the Education Department calculates financial aid threatens to leave some U.S. students with lower subsidy amounts for their secondary…
-
An error in how the Department of Education calculates financial aid threatens to leave some U.S. students with lower subsidy amounts for their…
-
BusinessEditor's Pick
Boeing’s latest 737 Max failure narrowly avoided tragedy — but it won’t avoid scrutiny
Boeing’s plan to get back on solid footing after a series of quality flaws in its bestselling jet suffered a near disaster when…