largest-ever

Fed Posts Largest-Ever Annual Operating Loss of $114.3 Billion, Resulting from Stimulus Measures and Inflation Combat.

The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021, then jacking up interest rates to combat high inflation. The losses added to already large federal deficits that have required bigger auctions of Treasury debt. The …

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Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike

Starbucks workers have filed more complaints with New York City, alleging that the coffee chain violated the Fair Workweek law. The allegations come as Starbucks baristas at more than 200 locations nationwide strike during the company’s busy Red Cup promotion. Last year, Chipotle paid $20 million to workers to settle Fair Workweek violations and $1 …

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