#Economy #Boomcession #FinancialChallenges
ca.finance.yahoo.com
The US economy is booming on paper, but everyday Americans feel squeezed. Why one expert says we're in a boomcession
You've heard of recession and depression -- but what about the "boomcession". That's the term Matt Stoller has coined for the current state of the economy.
#USPS #PostalService #FinancialChallenges
www.newsweek.com
Postmaster warns of 'end of postal service as we know it'
"In order to ensure our survival beyond next year, we need to increase our borrowing capacity so that we don't run out of cash," Postmaster General David Steiner's written testimony obtained by Reuters said.
#PerformingArts #CulturalOrganizations #FinancialChallenges
www.nytimes.com
Despite Drastic Financial Steps, Met Opera Turns to Layoffs and Cuts
The largest performing arts organization in the country will lay off workers, cut salaries and reduce its offerings. It may also sell its Chagall murals that are valued at $55 million.
