January jobs report expected to show that hiring slowed last month
The January jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
US economy exhibits 3 factors that indicate recession: Nancy Lazar
Piper Sandler chief global economist Nancy Lazar argues the acceleration in productivity is typical of an economy moving into recession on 'Making Money.'
Markets still think the Fed is not telling the truth: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari explains why bond yields retreated after the Fed held interest rates steady and said a March rate cut is not likely on 'Making Money.'
Identity and access management company Okta to slash 400 jobs
Okta on Thursday announced plans to cut its headcount by approximately 400 workers. That equates to about 7% of its workforce, according to the identity company.
Deutsche Bank to lay off 3,500 employees
Deutsche Bank is cutting about 3,500 back office positions as it seeks to rein in costs even after reporting its highest profit before tax in the last 16 years.
Layoffs surged 136% in January to second-highest level on record
Layoffs in the U.S. jumped 136% in January as companies battled deteriorating market and economic conditions — and more job cuts could be coming this year.
Majority of Americans would take a pay cut for a better work-life balance, survey finds
America's job culture is changing, as 51% of polled workers claim they'd take a 20% pay cut in order to work in a job that better prioritizes their quality of life.
Some Target workers fired after buying special Stanley cups
A handful of Target employees who got fired have linked their dismissal from the retailer to buying special Stanley Quencher cups, according to Business Insider.
Holiday season was the 'last hurrah' for consumer spending and jobs: Bryce Doty
UBS financial adviser Brenda O'Connor Juanas and Sit Investment Associates Sr. Vice President Bryce Doty preview 4Q earnings reports, discuss Walmart stock grants and give their economic outlooks.
Mike Rowe: Higher education has a big PR problem
MikeRoweWorks Foundation CEO Mike Rowe argues that four-year college degrees are no longer seen as a source of pride by graduates on 'Varney & Co.'
Tropicana Las Vegas ceasing operations this spring to make way for new ballpark
A staple on the southern end of the Las Vegas strip is closing this spring to make way for a new professional baseball ballpark for MLB's Athletics.
Private sector job growth cools sharply in January to 107,000, worse than expected: ADP
Hiring by private U.S. companies cooled sharply in January, indicating that the labor market is beginning to soften as a result of higher interest rates.
Walmart creating 150 new stores, redesigning hundreds more
Walmart U.S. CEO John Furner will oversee a plan to make the retailer even bigger than it already is with 150 new stores over the next five years in an effort to reach more customers.
Fed Chair Powell 'owes' it to the market to take the 'tightening bias out': Gregory Faranello
AmeriVet Securities Head of U.S. Rates Gregory Faranello discusses Fed Chairman Powell's upcoming remarks, the handling of rate cuts, job layoffs and his outlook on global growth.
AI bad actors are really the industry's 'side show': Michael Lee
Michael Lee Strategy founder Michael Lee reacts to Elon Musk hiring 100 moderators after the Taylor Swift deepfake A.I. scandal.
How telework is rescuing the government workforce
A just-released report clearly demonstrates that forcing government employees to return to the office will dangerously undermine government performance.
Mark Cuban may face lawsuits after defending DEI in viral post: 'Law's crystal clear,' EEOC commissioner says
Mark Cuban's alleged consideration of race and sex for job hirings is "illegal, wrong" and "violating the law," says Equal Employment Opportunity Commission's Andrea Lucas.
Mark Cuban may face lawsuits after defending DEI in hiring
FOX Business' Lydia Hu speaks with EEOC Commissioner Andrea Lucas on potential legal action against Mark Cuban for diversity, equity and inclusion hiring policy.
US job openings rise in December to highest level in 3 months
The number of available jobs in the U.S. rose more than expected in December, evidence that the labor market remains strong despite higher interest rates.
Walmart boost in compensation for superstore managers could reach $400,000
Walmart increased the size of compensation packages for store managers that will allow managers of the biggest stores to earn upwards of $400,000 annually with stock grants and bonuses.