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Categories Economy

Citigroup to lay off 20,000 employees in CEO Jane Fraser’s corporate overhaul

Author January 13, 2024

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

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Categories Economy

IRS has collected more than $520M in back taxes from delinquent millionaires so far

Author January 13, 2024

The IRS announced Friday that it has recently collected more than half a billion dollars from millionaire Americans who owed tax debt. The

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Categories Economy

Alaska, United flight cancellations continue amid ongoing investigation of Boeing 737 Max 9

Author January 12, 2024

Alaska and United airlines announced additional cancellations in the wake of the nationwide grounding of Boeing 737 Max 9 aircraft. In a statement

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Categories Economy

Inflation ticked up to 3.4% in December thanks in part to outsized housing costs

Author January 12, 2024

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Categories Economy

Americans grow more confident about the economy, even as the Fed’s inflation fight continues

Author January 11, 2024

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Categories Economy

IRS announces when it will begin accepting and processing 2023 tax returns

Author January 11, 2024

The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29. But although official processing won’t begin until that

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Categories Economy

Education Department error could lower U.S. students’ financial aid amounts

Author January 10, 2024

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Categories Economy

Department of Education error could lower U.S. students’ financial aid amount

Author January 10, 2024

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Categories Economy

Boeing’s latest 737 Max failure narrowly avoided tragedy — but it won’t avoid scrutiny

Author January 10, 2024

Boeing’s plan to get back on solid footing after a series of quality flaws in its bestselling jet suffered a near disaster

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Categories Economy

Hundreds of Alaska Airlines and United flights canceled after Boeing 737 Max 9 groundings

Author January 10, 2024

Hundreds of Alaska Airlines and United Airlines flights remained canceled Monday in the wake of the Federal Aviation Administration’s decision to ground

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