As crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can’t break even or isn’t needed to keep the lights on.
Federal Reserve Chairwoman Janet Yellen said the U.S. central bank is studying the feasibility of pushing short-term interest rates into negative territory should it need to give the economy a stronger boost.
A growing number of corporate leaders and economists see mounting risk of the U.S. tipping into a recession, a nod to headwinds posed by the global growth slowdown and early-year convulsions in financial markets.
On Thursday, Nov. 5, Jeff Kuhner hosted a WRKO Town Hall at the Arsenal Center for the Arts to discuss the problems with the DCF. Massachusetts State Representatives Shaunna O'Connell and Jim Lyons talked about the political battle they've faced in their efforts to fix child care in Massachusetts, and Jennifer Pelletier discussed her sister, Justina, and her family's fight against the DCF.