Chicago Advised to Weigh Furloughs, Tax Hikes to Fix Deficit

Chicago Mayor Brandon Johnson’s budget working group has given him dozens of options — including furloughs, hiring freezes, fee increases and a property tax hike tied to inflation — to choose from as he works to close a $1.15 billion deficit for next year.

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Escalate or De-Escalate? Economist Roubini on Iran War Scenarios

Economist and CEO Nouriel Roubini says decisive escalation can force a surrender from Tehran and …