Congress approved an 11th-hour deal to end a partial government shutdown and pull the world's biggest economy back from the brink of a historic debt default that could have threatened financial calamity on Wednesday.
The federal budget for fiscal year 2013 expires September 30, and a new one is nowhere in sight. The arbitrary and capricious cuts of the sequester begun in March are slated to continue for ten years unless Congress acts.
The Obama administration is close to a deal with Egypt's new government for $1 billion in debt relief, a senior U.S. official said on Monday, as Washington seeks to help Cairo shore up its ailing economy in the aftermath of its pro-democracy uprising.
Jewish service groups are telling their constituents to be on guard for a possible government shutdown or slowdown after Aug. 2, when the United States is scheduled to hit its debt ceiling.
One night back in 1985, businessman Bruce Slovin was walking home from a corporate board meeting with a lawyer named Joe Greenberger when Greenberger asked him about his involvement in the Jewish world.
To Sam Zell, however, running the Times, as well the other papers he bought when he acquired the Tribune Co., isn't a public trust, and its stewardship doesn't include serving the public interest, no more than would running a bagel joint.
Up to now, the New JCC at Milken has avoided closure and selling off its property, the fate of many former Los Angeles JCCs, because of its unique history.
Five months ago, Beatrice Ballageure was struggling to make ends meet as a single, 47-year-old Jewish woman living in the capital city of an economically depressed Argentina. She had lost her job several months earlier, but she owned her own apartment and had enough money in the bank to afford basic expenses. She had friends with jobs, and she knew she could rely on her family if real trouble ever came. Then the bottom fell out of Argentina's economy.
America's largest bagel chain finds itself in the hole.
The Einstein/Noah Bagel Corp., which owns 539 bagel shops across the United States, announced last month that it won't be able to pay off a $125 million debt and may haveto shut down unless it finds new financing.
Campus organizations often go overlooked or get taken for granted by students and alumni alike. Hillel at Pierce and Valley Colleges has those problems -- and then some.