Economy

Executives are calling out the bloat inside their companies, and challenging workers to evaluate themselves.Why it matters: Workers have enjoyed almost two years of flexibility and having the upper hand. But they may find the tables are…

Government policy towards Covid-19 has come full circle. For now, at least, England has returned to the Swedish way of dealing with the pandemic. Tough, officially imposed lockdowns are out. Trusting the people to do the sensible thing…

Airline staffing shortages, which are already disrupting summer vacation plans, could extend well into 2023, some industry officials say. The big picture: Airlines had two years and billions of dollars in government aid to make sure they…

In Florida and elsewhere, GOP leaders have sued to tap pandemic funds for tax cuts, defying the Biden administration July 5, 2022 at 6:00 a.m. EDTFlorida Gov. Ron DeSantis (R) after signing a $109.9 billion state budget bill that…

Labour has accused the government of an obscene waste of money, after it emerged that an export hotline set up to help businesses took fewer than 3,000 calls in its first five months of operation.The call centre company Hinduja Global…

Federal Reserve officials expect to raise interest rates three times next year in a dramatic shift from their projections just three months ago as the US central bank assumes a much more aggressive approach to taming surging…

Conscripts line up at a railway station before departing for military service with the Russian Army.Sergei Malgavko | TASS | Getty ImagesBRUSSELS — The European Union is concerned about Russia's "aggressive" stance toward its neighbors,…

"I hope to have a decision based on the data I'm looking for by the end the week," Biden told reporters by the seaside in Rehoboth Beach, Delaware, when asked whether he was considering backing a gas tax holiday.Such a pause in the…

"He's obsessed with the fact that gas prices are so high and people are hurting," Granholm told CNN on Tuesday following a rare tour of the Strategic Petroleum Reserve, the nation's emergency oil stockpile. "The president doesn't control…

Euro banknotes are facing a redesign for the first time since their launch two decades ago, with a plan to make the currency “more relatable to Europeans of all ages and backgrounds”.The European Central Bank (ECB) said it was starting a…