Meta's Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
Meta is cutting approximately 200 jobs in the San Francisco Bay Area as the company restructures teams and invests heavily in AI infrastructure.
We’ve gone through many economic transitions historically, economic expert says
Allianz chief economic adviser Mohamed El-Erian and Unleash Prosperity principal Phil Kerpen interpret a strong jobs report despite a war in Iran and A.I. worries on ‘Kudlow.’
Saks Global expects to exit bankruptcy this summer after receiving $500M in financing
Saks Global secured a $500 million financing commitment from capital partners, and the luxury retailer plans to emerge from Chapter 11 bankruptcy this summer.
American workers' wage gains lost momentum in March despite strong hiring, economists say
Average hourly earnings rose just 0.2% in March, missing expectations as analysts warn softer wage growth and rising energy prices squeeze consumers.
March jobs report shocks: Hiring jumps to 178K, far above expectations
'The Big Money Show' reacts as the U.S. adds 178,000 jobs in March, almost tripling expectations and signaling strength in the labor market.
US economy added 178,000 jobs in March, well above expectations
The Labor Department released the March jobs report on Friday which showed the economy added jobs at a solid pace last month after an unanticipated decline in February.
178K jobs added in March as unemployment falls to 4.3%
'Mornings with Maria' jobs panel reacts to the blowout March report as hiring crushes expectations, unemployment dips to 4.3%, and experts weigh what it means for inflation, Fed policy and the path of the U.S. economy.
Red Lobster looks to revive 'Endless Shrimp' after promotion helped sink finances: report
Red Lobster is reportedly considering reviving its popular "Endless Shrimp" promotion as it works to regain momentum after emerging from bankruptcy.
Private sector added 62,000 jobs in March, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 40,000 jobs. The prior month's reading was revised higher to a gain of 66,000 jobs.
Oracle laying off thousands of workers to cut costs amid AI push: report
Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment in building out AI infrastructure.
AI threat to transit jobs grows as union battles Hochul policies
Transport Workers Union President John Samuelsen discusses the potential impact of AI on transportation on 'Mornings with Maria.'
Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company
The latest job cuts at Meta hit areas like Reality Labs and social media teams as the company seeks greater cost control amid heavy spending on AI infrastructure.
Rowe warns of massive workforce shakeup, says Sanders is right: ‘Revolution unlike anything' we’ve seen coming
Mike Rowe says he agrees with Bernie Sanders that AI is sparking a revolution and warns the growing U.S. skills gap could leave the workforce unprepared.
Mike Rowe pledges $10M to train next generation as trade jobs go unfilled
CEO of mikeroweWorks Foundation Mike Rowe joins 'Varney & Co.' to warn of a skilled labor crisis, highlight $200K trade jobs without college debt and discuss how AI could fuel a blue-collar boom.
‘Conditions for a labor market crisis’: Rising care costs push women out of workforce
Catalyst research shows that rigid work structures and caregiving costs drove nearly 455,000 women from U.S. jobs within seven months in 2025, raising fears of a labor shortage.
More American workers are struggling than thriving for first time: poll
A new Gallup poll found that more U.S. workers are struggling than thriving for the first time since the Life Evaluation Index began in 2008.
HSBC weighs deep job cuts as AI overhaul unfolds: report
Global banking giant HSBC Holdings Plc is considering significant job reductions thanks to artificial intelligence, a Bloomberg report indicated.
Gov Kathy Hochul urges wealthy to return, says tax base has been 'eroded'
'The Big Money Show' panel discusses New York Gov. Kathy Hochul's appeal to the wealthy to move back to the state and New York City Mayor Zohran Mamdani's minimum wage proposal.
World’s largest furniture maker cuts hundreds of jobs amid major restructuring
Global furniture giant Ashley Furniture plans to cut 266 jobs at its Texas manufacturing plant by May 2026, as part of ongoing consolidation efforts.
Federal Reserve holds interest rates steady
Federal Reserve policymakers chose to leave interest rates unchanged at their March meeting amid a softening labor market and uncertainty over the economic impact of the Iran war.