Memorial Day, Sequester-Style: Is This How We Honor Soldiers?
This Memorial Day, America remembers its war dead, even as the latest sequestration cuts siphon money from our veterans and the families of our soldiers -- living and fallen.
budget cuts
Think Tank's Idea to Cut U.S. Budget: Fire 'Slacker' Soldiers
What is the best way to maintain a strong U.S. military in an era of budget cuts? A new report from the nonpartisan Stimson Center has a surprising answer.
IMF Chief Criticizes 'Abrupt' U.S. Budget Cuts
IMF head Christine Lagarde criticized the U.S. government's budget policies as too tight Tuesday, in an appearance in Amsterdam that was interrupted by student protestors.
Fed Sticks to Stimulus Plan, Warns Growth Hampered by Budget Cuts
The Fed is sticking with its bond-buying plan to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.
A Bright Spot from Federal Budget Cuts: Fewer IRS Audits
Thanks to the government's austerity spending cuts, you have a lower chance of being audited this year. That's good news for you, but bad news for the federal budget.
Survey: Budget Cuts Not Hurting U.S. Businesses
Washington's budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows.
FAA: Delays Hit U.S. Airports As Furloughs Kick In
Travelers waited more than an hour for flights in New York and experienced delays at other U.S. airports on Sunday evening as furloughs of air traffic controllers began.
TSA Official Says Employee Furloughs Not Anticipated
A senior Transportation Security Administration official says so far, so good for airport travelers wary of the effects of automatic spending cuts that took effect March 1.
Why April 9 Isn't Really Equal Pay Day
Equal Pay Day highlights the extra three months of work that a woman must do to equal what an average man makes in a year. But is real equality getting even further away?
Sequestration Cuts? Not In My Backyard, Insist Legislators
Is this how we save the federal budget? Sequestration cuts are starting to hit home ... and legislators are starting to complain.
$1 Billion Military Jobless Program Unfazed by Budget Cuts
Even as it faces budget cuts and forced employee furloughs, the Pentagon spends nearly a $1 billion a year on jobless benefits for veterans who left the military voluntarily.
Suffering from Crisis Fatigue, Americans Tune Out Sequester
President Obama is going all out to warn Americans about what could happen if the sequester hits. The country's response: a collective yawn, as we assume that after the political grandstanding, a deal will be struck as usual. But that may not happen this time.
Stock Futures Rise as Fed Chairman Bernanke Heads to The Hill
Futures are rising as Chairman Ben Bernanke heads to Capitol Hill to explain what the Federal Reserve will do to accelerate the economic recovery only days before a series of mandatory budget cuts kick in.
9 Ways the Sequester Will Affect You
The sequester will be tough on government employees, and on those whose jobs are directly supported by them. But even if you don't run a Jiffy Lube across the street from a military base, you still need to be prepared. Here's are eight unexpected ways the sequester will likely touch your life.
What to Watch This Week: From Sequesters to Monsters
Plenty of market-moving news will break this week: One way or another, big changes loom due to Washington's budget fight; and Home Depot, Groupon, Best Buy, RadioShack and Monster will report earnings.