U.S. Economy

Wayfair announced Friday that its laying off more workers as it continues to thin out management and become more agile in the current economic environment.

WeWork announced Thursday that it's cutting hundreds of jobs as it continues to streamline operations and optimize its portfolio amid the uncertain economy environment.

Nearly half of Americans who are paying checking account fees every month say they are sacrificing their level of preparedness for a recession in doing so, according to a new report.

Party City has filed for Chapter 11 bankruptcy protection as persisting inflations dampens sales. It marks the latest in a line of companies that are facing similar struggles.

Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.

Treasury Secretary Janet Yellen will host high-level meetings with the Chinese in an effort to ease tensions between the two countries.

During an interview during NRF 2023: Retail’s Big Show, Macy's CEO Jeff Gennette said gift giving periods 'were quite strong' but that there was a decrease in self purchases.

The Federal Aviation Administration's outage that led to flight delays and cancellations across the U.S. was due to the actions of personnel who "failed to follow procedures."

Quiet hiring has been a tactic utilized by employers for decades but now, companies are leaning on it more than ever in order to weather the uncertain economy.

Former Council of Economic Advisers acting Chairman Tyler Goodspeed discusses how inflation could look in 2023 following the release of the December CPI.

The cost of eggs in November more than doubled what it was a year ago, according to recent data from the Bureau of Labor Statistics. Egg prices have gone up in part because of bird flu.

Glassdoor's Best Places to Work 2023 list features employers across multiple industries, including technology, finance and real estate.

The American Gas Association pushed back against a potential gas ban calling the removal of the appliance "reckless" and "not substantiated by sound science."

Goldman Sachs plans to lay off more than 3,000 employees this week, a source familiar with the matter said. However, the firm will still continue to strategically hire.

LendingTree chief credit analyst Matt Schulz discussed how to battle credit card debt amid high inflation.

A significant number of restaurant operators in the U.S. expect to make less profit in the new year, according to a recent report from the National Restaurant Association.

Shopify Chief Operating Officer Kaz Nejatian said in an internal letter sent to employees that it will be clearing out over 76,000 hours of meetings in the new year.

Stitch Fix is working to create a "more nimble organization" as it seeks to become more viable during the economic downturn. As part of this transition, its CEO is stepping down.

The price of natural gas has been turbulent since the early days of the pandemic, but a recent shift in winter weather could steady the energy sector

Vimeo on Wednesday became the latest company to announce a reduction in its workforce due to deteriorating economic conditions. The cuts will impact nearly every department.