Private sector adds 183K jobs in January, above expectations, ADP says
Companies in the private sector added 183,000 jobs in January, payroll processing firm ADP said on Wednesday. The figure is above economists' estimates of 150,000 jobs.
Walmart to cut jobs, relocate some employees to main hubs
Walmart is trying to move most of its employees from smaller offices to its main hub in Bentonville, Arkansas, as well as its office in Sunnyvale, California.
Estee Lauder to cut up to 7,000 jobs
Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac and Clinique, announced Tuesday.
Party City is a brand that is ‘desperately needed’ in the marketplace, says Mitchell B. Modell
Former Modell’s Sporting Goods CEO Mitchell B. Modell joins ‘Maria Bartiromo’s Wall Street’ to discuss the potential revival of store chain Party City.
GOP senator criticizes federal office vacancy rates: ‘Virtually no one is at work’
Sen. Bernie Moreno, R-Ohio., has the latest on President Donald Trump’s new return to office policies for federal employees on ‘Maria Bartiromo’s Wall Street.’
EPA workers receive termination warning letter
Over 1,000 workers at the Environmental Protection Agency (EPA) received a letter from the agency warning they may face termination as probationary or trial period employees.
Wall Street pricing in rate hikes would be a 'huge game changer': Gabriela Santos
J.P. Morgan Asset Management chief market strategist Gabriela Santos discusses whether the Fed will raise interest rates in 2025 on 'Making Money.'
Kohl's cuts 10% of corporate workforce to improve profitability
Kohl’s said that it is cutting 10% of its corporate workforce as the struggling company works to improve profitability. It previously announced it would close 27 stores.
Sports tirades: Act impulsively, and you could lose your job
There has been an onslaught of employees who have gotten fired over public outbursts. The latest incident happened this week with a Philadelphia Eagles sports fan.
Pressure from Shein, Temu accelerate retail closures
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight Research, which anticipates 15,000 retail closures this year.
CNN cuts 6% of workforce as layoffs hit struggling network
Layoffs hit CNN on Thursday when roughly 6% of its workforce was let go because of "irreversible shifts in the way audiences in America and around the world consume news."
Trump signs executive order ending remote work for federal employees, slashing Biden administration's plan
President Donald Trump has followed through with another campaign trail promise by signing an executive order requiring federal employees to return to the office.
Progressive senators weigh in on prospect of 32-hour workweek
Progressive senators Elizabeth Warren and Bernie Sanders tell FOX Business their feelings about the prospect of a 32-hour workweek, and they are split.
Bob Nardelli says 'all' building materials will see a price 'spike' due to supply, demand in California
Former Home Depot and Chrysler CEO Bob Nardelli details the likely 'extraordinary' cleanup efforts to take place across Southern California in years to come.
Inflation is still a problem for most Americans: Frances Donald
RBC Chief Economist Frances Donald explains how inflation affects average households on 'Making Money.'
Major crafts retailer files for bankruptcy
Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.
Meta cutting 5% of workforce based on performance
Meta, the parent company of Facebook and Instagram, is cutting the lowest-performing 5% of its workforce and plans to fill those roles later this year, the company said in a memo.
Private firefighters: Who they are, how much do they cost?
Private firefighters can be contracted by communities or individuals who want to ensure they have access to firefighting services in the event of an emergency.
US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study
The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
Kohl's is closing 27 stores in 15 states. Here's where they're located
Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The company published a list of the locations late last week.