FCC chairman climbs 2,000-foot cell tower to spotlight one of America's toughest trades
Sky-high salaries are drawing attention to tower climbing jobs, and FCC Chairman Brendan Carr highlighted growing demand for infrastructure workers.
Major US city offers cash incentives to spark growth, attract newcomers
A Detroit coalition is offering cash incentives of up to $15,000 to attract new residents and retain current ones as part of an economic growth push.
Fed official says interest rate hike possible as gas prices, inflation remain elevated
Fed's Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows
A new report reveals a "Great Detachment" among U.S. workers, with declining job optimism and rising disengagement in the current labor market.
Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future
Lowe's CEO Marvin Ellison says AI can't fix your roof, while announcing a $250 million commitment to recruit and train 250,000 skilled tradespeople over the next decade.
Oracle hires new CFO with $950K salary as thousands face layoffs
Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands amid a massive AI buildout.
Trump overhauls steel tariffs, boosting American manufacturing and national security
Steel Manufacturers Association executive vice president Brandon Farris discusses President Donald Trump's executive order revamping tariffs on steel, aluminum, and copper and 'Varney & Co.'
Meta's Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
Meta is cutting approximately 200 jobs in the San Francisco Bay Area as the company restructures teams and invests heavily in AI infrastructure.
We’ve gone through many economic transitions historically, economic expert says
Allianz chief economic adviser Mohamed El-Erian and Unleash Prosperity principal Phil Kerpen interpret a strong jobs report despite a war in Iran and A.I. worries on ‘Kudlow.’
Saks Global expects to exit bankruptcy this summer after receiving $500M in financing
Saks Global secured a $500 million financing commitment from capital partners, and the luxury retailer plans to emerge from Chapter 11 bankruptcy this summer.
American workers' wage gains lost momentum in March despite strong hiring, economists say
Average hourly earnings rose just 0.2% in March, missing expectations as analysts warn softer wage growth and rising energy prices squeeze consumers.
March jobs report shocks: Hiring jumps to 178K, far above expectations
'The Big Money Show' reacts as the U.S. adds 178,000 jobs in March, almost tripling expectations and signaling strength in the labor market.
US economy added 178,000 jobs in March, well above expectations
The Labor Department released the March jobs report on Friday which showed the economy added jobs at a solid pace last month after an unanticipated decline in February.
178K jobs added in March as unemployment falls to 4.3%
'Mornings with Maria' jobs panel reacts to the blowout March report as hiring crushes expectations, unemployment dips to 4.3%, and experts weigh what it means for inflation, Fed policy and the path of the U.S. economy.
Red Lobster looks to revive 'Endless Shrimp' after promotion helped sink finances: report
Red Lobster is reportedly considering reviving its popular "Endless Shrimp" promotion as it works to regain momentum after emerging from bankruptcy.
Private sector added 62,000 jobs in March, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 40,000 jobs. The prior month's reading was revised higher to a gain of 66,000 jobs.
Oracle laying off thousands of workers to cut costs amid AI push: report
Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment in building out AI infrastructure.
AI threat to transit jobs grows as union battles Hochul policies
Transport Workers Union President John Samuelsen discusses the potential impact of AI on transportation on 'Mornings with Maria.'
Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company
The latest job cuts at Meta hit areas like Reality Labs and social media teams as the company seeks greater cost control amid heavy spending on AI infrastructure.
Rowe warns of massive workforce shakeup, says Sanders is right: ‘Revolution unlike anything' we’ve seen coming
Mike Rowe says he agrees with Bernie Sanders that AI is sparking a revolution and warns the growing U.S. skills gap could leave the workforce unprepared.