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Thyssenkrupp and trade union IG Metall on Saturday said they had agreed on reduced working hours, lower bonus payments and ...
President Trump has many qualities. Patience isn’t one of them. After Wednesday’s ADP employment report surprised economists with just one-third as many private-sector jobs created as forecast ...
Dow Futures dropped early Friday after President Donald Trump announced a 35% tariff on all Canadian imports, effective August 1. The Dow Jones Industrial Average futures slid 305 points, or about 0.7 ...
Dow to close three plants and cut 800 jobs in addition to the 1,500 job cuts announced in January. More Pressure Mounts on Health Insurers as Costs Continue to Rise Molina Healthcare is the latest to ...
Dow will start seeing a boost to profitability from the shutdowns in 2026. The stock has dropped 32.4% in 2025, making it the Materials Select Sector SPDR ETF's XLB worst performing component over ...
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut ...
Microsoft initiates its largest layoff since 2023, cutting 9,100 jobs (4% of workforce) to fund its massive strategic pivot to artificial intelligence.
"One of the reasons the Fed has been able to be patient before cutting rates was because the job market was holding up so well, so if that were to change then the Fed may be forced to move earlier ...
Reports and rumors of massive layoffs at Xbox have been building since late last month, and the first blood has now been spilled. Bloomberg reports that Candy Crush maker King is cutting 200 ...
(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial ...
Economic Report June jobs report could decide the next Fed interest-rate cut. Here’s why. June’s jobs numbers will arrive a day early due to the Fourth of July holiday ...
The tech company is laying off 4% of its workforce worldwide, in the latest round of job cuts after slashing 6,000 jobs in May.
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