JP Morgan Chase CEO says 'We love Florida,' other states should ask why people are going there
J.P. Morgan Chase CEO Jamie Dimon praised Florida and Texas's business environment and said other states should follow them during an interview Monday.
Inflation is Fed's number one priority: Stephen Steinour
Huntington Bancshares chairman and CEO Stephen Steinour weighs in on Jerome Powell's inflation battle as the economy shows 'increasing signs of stress' on 'The Claman Countdown.'
Americans take a break from the weekend on 'bare minimum Mondays'
Americans voice their support for – and reluctance to – a new workplace trend called "bare minimum Monday," where workers start their weeks doing as little as possible.
Layoffs 2023: Tech companies lead job cuts amid economic uncertainty
Layoffs are on the rise across various industries, although the tech industry has taken a huge hit in recent months. Amazon, Alphabet and Microsoft have all recently cut jobs.
Business hotels face increased default risk in uneven travel recovery
Business hotels reliant on business trips, suffer in a post-pandemic world in which remote-meetings often replaces travel. these locations could suffer if recovery slackens.
Bars, hotels and restaurants become the economy’s fastest-growing employers
Hotels, restaurants, and bars, some of the hardest hit industries during the pandemic, are leading the recovery and job growth, now the fast-growing employers.
Americans react to workers doing less on 'bare minimum Monday'
FOX Business' Lydia Hu talks to people on the street in New York City about a new workplace trend promoting doing the bare minimum on Mondays.
Market does not understand impact of Fed's rate hike cycle: David Spika
GuideStone Capital Management President and CIO David Spika explains how the Fed's inflation strategy will result in an 'economic downturn' during his appearance on 'Mornings with Maria.'
DeSantis' work ethic shaped by electrician job, working-class background
Florida Governor Ron DeSantis wrote in his new book that his first job out of high school as an electrician's assistant and his working-class upbringing helped shape his work ethic.
Biden paints rosy picture of inflation, but pressure on consumers and small business owners persists
President Biden has spun a narrative that inflation is getting better and that wages are up. A look under the covers shows that inflation is still having a significant impact.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.
America's low labor participation rate 'a social and economic disaster,' experts warn
Millions of able-bodied Americans who ducked out of the workforce during the pandemic are refusing to return, leading economists to sound the alarm over what it means.
Education industry at highest risk for layoffs over next 6 months: survey
Inaugural CFO survey conducted by Coupa, a cloud based spend management platform, found education sector was most susceptible to layoffs in 2023 in the event of recession.
Nordstrom leaving Canada, cutting 2,500 jobs
Nordstrom announced it is shutting down operations in Canada, closing 13 stores and cutting 2,500 jobs.
Rising inflation a 'huge problem' that's hurting America's middle class: Harvey Golub
Retired American Express CEO and Chairman Harvey Golub discusses how Fed rate hikes and growing inflation are affecting GDP growth on 'Cavuto: Coast to Coast.'
Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage
The Lowe's Foundation has committed to donating $50 million over the next five years to combat a shortage of people going into skilled trades careers.
Economy, job market among nation’s most pressing issues, say concerned Americans
People in Austin, Texas, identified what they believed to be the most pressing issues facing America currently, with over half of people pointing to the economy
Caterpillar workers reach contract deal at deadline, averting possible strike
Caterpillar's union workers have reached a tentative agreement on a new contract that covers four company facilities. The deal will likely avert a strike.
GM cutting hundreds of jobs to reduce costs
General Motors is cutting some executive and salaried jobs in an effort to cut costs and streamline operations.
Dollar Tree fined over $250,000 for safety violations that endangered workers: 'Pattern of disregard'
Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."