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Mississippi furniture retailer United Furniture Industries laid off around 2,700 workers late Monday night, sending out a memo via email and text messages.

Disgraced FTX founder Sam Bankman-Fried indicated on Wednesday afternoon that he plans to speak during an upcoming New York Times DealBook summit.

Bitcoin venture investor Marty Bent of Ten31 saw red flags with the FTX cryptocurrency exchange long before its historic collapse under founder Sam Bankman-Fried.

New applications for unemployment benefits increased last week, evidence the tight labor market is starting to loosen as the Fed raises interest rates.

Computer maker HP Inc. said Tuesday the company has plans to reduce its workforce by 4,000 to 6,000 employees by the end of fiscal 2025. The company employs over 50,000.

Amazon's voice assistant Alexa is part of a devices unit at the company that is expected to lose about $10 billion in 2022, according to a new report.

Association of American Railroads CEO Ian Jeffries says major rails are "ready, willing and able" to reach new negotiations and avoid creating a "crippling economy" with a strike.

Sam Bankman-Fried co-founded the FTX trading platform in May 2019 after launching Alameda Research with friends two years earlier. Here are fast facts about the former crypto executive.

A Delaware judge will hear a motion Tuesday seeking to transfer the Chapter 15 case filed by provisional liquidators in the Bahamas to the jurisdiction of the Delaware bankruptcy court.

Companies are preparing to give record-high pay increases next year as inflation and a labor shortage force employers to work for a limited number of workers.