Jobs

The Boy Scouts of America won backing for a landmark sex-abuse compensation plan from the official committee representing 82,200 individual claimants, further solidifying support for ending the largest bankruptcy case ever filed over childhood abuse.

Peloton put the pedal to the metal in a massive restructuring, sending investors on a wild ride. But is it sustainable?

Amazon is giving a hefty boost to its base salary cap for corporate employees in an effort to attract and keep workers.

There are millions of job openings available for skilled workers. But filling them all remains a problem. 

The Federal Reserve could kick off its interest rate hikes in March with a 50-basis point increase after the surprisingly strong January jobs report suggested the economy is more resilient than initially believed.

Investors end another volatile week driven by the January jobs data and mixed technology earnings.

The U.S. economy added jobs at a surprisingly rapid pace in January, with restaurants and bars leading the way in hiring as consumers brushed off a record-breaking spike in COVID-19 infections.

Labor Secretary Marty Walsh argued payrolls in January rising by 467,000 is a “very transparent number” even though the benchmark had been revised, which he acknowledged is “part of” the reason why growth blew past expectations.

President Biden touted U.S. job growth on Friday as it soared past expectations, adding 467,000 new jobs, even amid the surge in cases of the highly transmissible omicron variant of COVID-19.

Economists Steve Moore and Austan Goolsbee agree inflation could hurt economic recovery despite a strong January jobs report.