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How budget cuts and restrictive policies hobbled the unemployment insurance system
Problems from the surge of jobless claims reflect years of cutbacks and greater restrictions on eligibility. Problems from the surge of jobless claims reflect years of cutbacks and greater restrictions on eligibility......»»
State employee layoffs likely without more federal help, top financial officers warn
Layoffs, furloughs and other unpleasant cuts are on the way in D.C., Maryland and Virginia without a massive increase in federal coronavirus relief, according to some of the Washington region’s top budget minders. As the exact contours of the pa.....»»
Columbus McKinnon downgraded to Neutral on customers" budget cuts at Sidoti
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
3 Reasons Why Real Estate Professionals Should Not Cut Their Marketing Budget During COVID-19
Since the “stay-at-home” order went into effect due to the coronavirus pandemic, massive budget cuts have been occurring throughout the v.....»»
Google Announces Further Hiring And Marketing Budget Cuts
Alphabet Inc's (NASDAQ: GOOG) Google announced Thursday plans to halt hiring and cut down marketing budgets in non-essential businesses in the second half of 2020. read more.....»»
North Richland Hills to make budget cuts due to COVID-19 crisis
North Richland Hills officials announced the city plans to make budget cuts due to economic loss from the COVID-19 crisis. Budget cuts will be made for all full-time employees, officials said in a news release Thursday. The City will also close n.....»»
De Blasio cuts costs, taps reserves after $7 billion hit
Mayor Bill de Blasio proposed an $89.3 billion budget for next year, $6 billion smaller than he had planned in January, relying on spending cuts and drawing from reserves to make up for an expected... To view the full story, click the title link......»»
UNC System cuts budget request as it faces revenue shortfalls
The UNC System has passed an amended budget request to the state that is reduced from its former request as the system looks to "tighten its belt" in the face of the economic fallout of COVID-19. The system's Board of Governors met remotely on Friday t.....»»
CityWatch: New York’s shutdown extended to mid-May as social distancing appears to be working
Mayor Bill de Blasio also revealed the proposed budget for 2021 with “over $2 billion in very tough budget cuts.â€.....»»
More than 2,100 U.S. cities brace for budget shortfalls due to coronavirus, survey finds, with many planning cuts and layoffs
More than 2,100 U.S. cities a.....»»
More than 2,100 U.S. cities brace for budget shortfalls due to coronavirus, new survey finds, with many planning cuts and layoffs
More than 2,100 U.S. cities a.....»»
Denver could see major budget cuts as it faces $180M in lost tax revenue
Officials must now choose between options such as project halts, program cutbacks and possibly staff furloughs......»»
Here"s what the fiscal emergency declaration means for Montgomery County
Montgomery County is slashing its budget in an attempt to mitigate revenue losses due to COVID-19. Here's where those cuts are being made, and what it means for county operations moving forward......»»
A timeline of how years of missteps and budget cuts undermined the Trump administration"s preparedness for COVID-19
A timeline of how years of missteps and budget cuts undermined the Trump administration"s preparedness for COVID-19.....»»
Here"s why millions of Americans are struggling to file for unemployment benefits at a time when they"ve never been more generous
Associated Press State unemployment systems are overwhelmed across the US due to a massive surge of laid-off workers filing for benefits. Budget cuts, poor staffing, and old technology are key problems hobbling state safety nets nationwide. "We haven't m.....»»
Exxon cuts capital budget by 30% during coronavirus, makes hand sanitizer ingredient
Exxon Mobil Corp. plans to lower operating spending and reduce its capital budget as the oil company grapples with weaker crude prices......»»
ExxonMobil cuts 2020 capex budget by 30% as it works to combat low oil price, weaker demand
Exxon Mobil Corp. said Tuesday it is reducing its 2020 capex budget by 30% and lowering cash operating expenses by 30% as it works to combat the effect of lower commodity prices due to ov.....»»
More than 55,000 public health jobs were eliminated due to budget cuts after the 2008 financial crisis, leaving the US more vulnerable to the coronavirus outbreak
Carlos Osorio/AP After the 20.....»»
Phoenix considers service cuts, layoffs as revenue dries up due to COVID-19
No matter when the city's economy turns around as the effects of the coronavirus eventually fade, Phoenix is facing big deficits. Deputy City Manager Jeff Barton outlined a brutal budget forecast for 2021 in a teleconferenced planning meeting on March .....»»