States Turn to Tax Cuts as Inflation Stays Hot

A new report from the Tax Policy Center, a left-leaning think tank, said total state revenues rose by about 17.6 percent last year. State rainy day funds — money that…

Cuts in Britain Could Cause a Covid Data Drought

“Whichever way you look at it, it’s going to lead very much to a degradation of the insight that we can have, either into the numbers of infections, or our…

Instacart Cuts Its Valuation by 38 Percent, Citing ‘Turbulence’

Instacart, the grocery delivery start-up, said on Thursday that it was slashing its valuation to about $24 billion from $39 billion, in a reflection of the poor market conditions for…

BuzzFeed News Top Editor Mark Schoofs to Leave Ahead of Newsroom Cuts

The head of BuzzFeed News and two other top editors are departing the company ahead of cuts to the newsroom. Mark Schoofs, who became the editor in chief in 2020,…

Meta Cuts Back on Some of Facebook’s Perks

Many workers were quick to gripe in the comment section underneath the post announcing the change, according to several employees who viewed the post. Just minutes after the changes were…

MLB Lockout Cuts Into the First Two Series of the Season

JUPITER, Fla. — Major League Baseball canceled the first two series of the 2022 regular season on Tuesday after the league and the players’ union failed to reach a new…

What Happens if Russia Cuts Off Europe’s Natural Gas?

While Russia masses troops and military equipment near its border with Ukraine, parallel tensions have been building in world energy markets. It is not hard to see why. Natural gas…

The NBA Cuts Covid-19 Isolation Time as Dozens Test Positive

The N.B.A. has altered its coronavirus protocols to allow players and coaches who have tested positive but are asymptomatic to return to their teams sooner as a surge in cases…

China Cuts RRR as Evergrande and Kaisa Face Deadlines

China’s personal debt-loaded home industry is headed for a reckoning, as China Evergrande Team and a further troubled housing developer confront deadlines for hundreds of thousands of dollars’ value of…

Federal Government Cuts Ties With Troubled Vaccine Maker

WASHINGTON — The federal federal government has canceled its agreement with a troubled Covid-19 vaccine producer that ruined hundreds of thousands of doses and experienced to halt output for months…