Condé Nast, the company behind Vogue, Vanity Fair and The New Yorker, became one of the most successful magazine publishers by charming readers and advertisers alike with a formula built on old-world glamour and all-American pizazz. But now, even after having taken measures to cut spending and make […]
Most Americans assume that when they leave a tip for waiters and bartenders, those workers pocket the money. That could become wishful thinking under a Trump administration proposal that would give restaurants and other businesses complete control over the tips earned by their employees. The Department of Labor […]
WASHINGTON — In the summer of 2011, when a debt crisis like the current one loomed, President Barack Obama warned Republicans that older Americans might not get their Social Security checks unless there was a deal to raise the nation’s borrowing limit. After weeks of brinkmanship, Republicans consented […]
Here is a simple way to think about the political calculus of Washington’s latest twists and turns. And — unfortunately — it suggests that economic and market dislocations may be needed to get our politicians to cooperate and govern properly. A major issue from day one was the […]
As America hurtles toward the fiscal cliff, there’s an increasingly frantic search for ways to shore up the country’s deteriorating balance sheet. Republicans want to cut spending; Democrats would prefer to raise taxes on the wealthy. But a paper released today by Harvard and Danish researchers highlights just how much room there could be to generate more government revenue without […]
NATION Firm didn’t verify steroid was sterile Massachusetts officials track shipments of prescription drug linked to deadly meningitis outbreak. ( by Sharon Begley , Reuters) U.S. developing new blueprint for hunting terrorists THE PERMANENT WAR | Over past two years, Obama administration has been secretly developing a new blueprint […]
NATION Rapid expansion of U.S.-trained Afghan security force comes at a cost Soldiers, policemen far from ready to take over country, casting doubt on Pentagon’s focus on numbers. ( by Rajiv Chandrasekaran , The Washington Post) Meningitis outbreak puts researchers in unexplored territory New form of the disease is […]
Two-thirds of the national college class of 2011 finished school with loan debt averaging $26,600, up about 5 percent from the class before it, according to the latest figures calculated by the Institute for College Access and Success. The report does not include the debt of for-profit college graduates, who typically borrow more than their […]