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'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows
'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows
U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February.
It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas.
“Removing the wave of federal layoffs announced in February and March of last year, job cut announcements in 2026 are closely following the pattern of 2025. Last year it was...
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Aug 25, 2026 / Tyler Durden
Ghislaine Maxwell To Rot In Prison After Judge Denies Bid For New Trial
Ghislaine Maxwell To Rot In Prison After Judge Denies Bid For New Trial
Jeffrey Epstein accomplice Ghislaine Maxwell gets to rot in prison until 2037 after a judge on Tuesday denied her bid to overturn her sex trafficking conviction and hold a new trial.
"Nearly all its claims are procedurally barred; the overwhelming testimonial and documentary evidence adduced at trial conclusively established her guilt; and her petition's claims are demonstrably meritless, and generally based on speculation, distortions, and/or outright falsehoods," Judge Paul A. Engelmayer of the U.S. District Court for the Southern District...
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Sep 5, 2026 / Tyler Durden
Ukraine Pushes Congress For Russia Sanctions Before Election Recess
Ukraine Pushes Congress For Russia Sanctions Before Election Recess
Authored by RFE/RL staff via OilPrice.com,
Ukraine's top sanctions official says he remains optimistic about prospects for a sweeping Russia sanctions bill in the US Congress despite growing uncertainty over when the House of Representatives will take it up, as lawmakers face a sharply shortened legislative calendar ahead of the November elections.
Vladyslav Vlasiuk, Ukrainian President Volodymyr Zelenskyy's sanctions commissioner, spent this week in Washington meeting lawmakers and congressional staff as Kyiv presses Congress to advance the Lindsey O. Graham Sanctioning Russia and...
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Apr 9, 2026 / Tyler Durden
USPS Pauses Pension Contributions Amid Looming Cash Shortfall
USPS Pauses Pension Contributions Amid Looming Cash Shortfall
Authored by Bill Pan via The Epoch Times,
The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year.
On Thursday, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System, or FERS.
The move is expected to conserve about $2.5 billion through Sept. 30, the end of the...
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