Jobs

The number of Americans filing for first-time unemployment benefits ticked lower last week as a rise in COVID-19 infections and new restrictions to help curb the spread of the virus weighed on the economy.

French tire maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would involve neither layoffs nor plant closures.

Wednesday the Department of Labor published its final rule clarifying who is an independent contractor, rather than an employee covered by the Fair Labor Standards Act, or FLSA.

The ADP National Employment Report released Wednesday shed light on the labor market and how it's recovering from the coronavirus pandemic.

Macy's has notified employees at roughly 45 of its stores that the locations will soon shut down.

Concerns from a union came after nearly 150 employees at a Costco in Washington have tested positive for the coronavirus.  

Former CKE Restaurants CEO Andy Puzder argues raising the federal minimum wage to $15 an hour depends on the Georgia Senate election.

Biden’s “buy American” proposals echo those of previous presidents, including President Trump, who issued executive orders to spur more federal purchases of U.S. goods and sought to use tariffs to disadvantage foreign producers.

Economists believe that a number of factors will help fuel a spending resurgence later in the year.