WASHINGTON — In January, the U.S. authorities ran up towards its authorized borrowing restrict of $31.381 trillion, and the Treasury Department started implementing “extraordinary measures” to keep away from lacking funds on its payments. That began hypothesis concerning the “x-date” - the date when these ...

Prezzo will shut 46 loss-making eating places because it struggles with hovering vitality and meals prices.The transfer will put round 810 staff vulnerable to redundancy, the Italian restaurant chain mentioned, though it would attempt to redeploy "as many staff internally as possible". The non-public equity-owned enterprise mentioned the cuts will have an effect on websites the place "the post-COVID recovery has proved harder than we had hoped".After the closures, the chain can have 97 eating places and round 2,000 employees.Dean Challenger, chief government of Prezzo, mentioned: "The final three years have been a number of the hardest instances I've ever seen for the excessive avenue and I'm extraordinarily happy with the way in which our colleagues have retained Prezzo's pl...