Employees admit to violating return-to-office policies
As employers continue to try to lure workers back into the office four years after the pandemic began, some say they are ignoring the rules and will leave if there is a crackdown.
What were the biggest budget deficits in US history?
The federal government is on pace to run a $1.9 trillion budget deficit in FY2024, which would rank as the third-largest after even larger deficits were incurred in recent years.
These two risks to Social Security and Medicare loom large
Inflation has taken a major toll on two of the most-important parts of the federal budget — Social Security and Medicare. There are two big risks threatening those programs.
Commission finds COVID pandemic caused $18 trillion in economic damage to US
A report by the Heritage Foundation's Nonpartisan Commission on China and COVID-19 found that the economic damage to the U.S. caused by the pandemic exceeded $18 trillion.
Unions file lawsuit against Philadelphia for mandating that full-time city workers return to the office
Labor unions representing Philadelphia city employees sued to block the mayor's requirement for full-time city employees to return to the office.
Kansas sues Pfizer over 'misrepresentations' and 'adverse events' of COVID-19 vaccine
The State of Kansas has filed a lawsuit against Pfizer, Inc. for alleged consumer protection violations related to the company's manufacturing of the COVID-19 vaccine.
Pfizer's Paxlovid fails as 15-day treatment for long COVID, study finds
A study by Stanford University researchers found that a 15-day course of Pfizer's Paxlovid did not relieve symptoms of long COVID among 155 participants.
Fed Chairman Powell tests positive for COVID-19
Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home while experiencing symptoms, according to his office.
IRS warns thousands of taxpayers could face criminal prosecution for filing false returns
The IRS warned thousands of taxpayers that they could face criminal prosecution and steep fines if they falsely filed for tax credits that do not apply to them.
AstraZeneca to withdraw its COVID-19 vaccine globally as demand dips, rare side effects revealed
The pharmaceutical giant AstraZeneca on Tuesday said it is withdrawing its COVID-19 vaccine worldwide due to low demand and following reports that the vaccine caused rare side effects.
US taking the plunge on bidets four years after toilet paper shortage wiped store shelves
A new report in The Washington Post detailed how more Americans are opting to purchase bidets in order to lessen their reliance on toilet paper.
Mars Wrigley pitches new idea to get Americans back into chewing gum
Mars Inc., which owns Wrigley, is hoping to get Americans and other consumers back into chewing gum and has a new idea on how to do it.
China sees surge in tourism spending during Lunar New Year, surpassing pre-COVID levels
During China's recent Lunar New Year holidays, tourism revenues went up by 47.3% compared to last year, surpassing levels seen in 2019, official data showed.
Federal deficit blew up $89B more in 1st quarter 2024 than last year
The federal budget deficit widened by $89 billion in the first three months of FY24 compared to the same period last year, with rising interest costs outpacing higher tax revenue.
US commercial real estate suffers as telework becomes the new norm
Less commercial real estate space is being occupied due to more companies using telework which is causing downtown areas to suffer financially from fewer patrons.
California job growth falls by most in the nation post-pandemic: report
California saw the largest decline in job creation from 2019 to 2023 when compared with the pre-pandemic 2015 to 2019 period, with the pace slowing by 54% according to a new report.
US national debt tops $34T: How much debt is too much debt?
The U.S. national debt surpassing $34 trillion this month for the first time in history, which raises new questions about how large a debt burden the U.S. economy can tolerate.
Many college grads struggle to land jobs due to a lack of preparedness, study finds
A new study surveyed employers across the country about Gen Z job candidates and employees. Career experts and a recent college graduate weighed in.
US passport processing times back to pre-pandemic norms, State Department says
The State Department announced that processing time for passports has returned to pre-pandemic norms. The agency was backed up amid the resurgence in travel.
New 'coffee badging' job trend has some business leaders on high alert
As more companies want workers back in the office, some employees are pushing back by engaging in "coffee badging," the latest job trend. Here's what to know and what to do.