U.S. Economy

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.

Salesforce said it will trim its workforce by 10% after hiring too many people leading into the economic downturn. CEO Marc Benioff says he is taking responsibility for this.

The S&P 500’s energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy

As Finland looks to distance itself from Russia and join NATO, it sees energy security as an important step and LNG capacity is crucial to independence.

Experts offer insights into what parts of the country are best to move to if you're looking to get the most bang for your buck in the real estate market in 2023.

A new projection from GasBuddy suggests that gas prices will decrease next year after record highs in 2022, but they could still hit $4 per gallon by May.

The nation's emergency oil stockpile managed by the Energy Department declined to its lowest level in 39 years last week as gas and oil prices increased, federal data showed.

The U.S. economy is likely headed for a recession in 2023 as a result of the Federal Reserve's fight to kill inflation with steep interest rate hikes.

Heating costs for homes using natural gas are expected to rise 25% this winter compared with the previous winter, according to the U.S. Energy Information Administration.

Companies across a range of industries are implementing hiring freezes and workforce reductions amid the uncertain economy. Many professionals are still considering quitting anyways.

The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.

Amtrak has unveiled its newest trains. The company said the modern and more sustainable Amtrak Airo will start debuting in 2026 and operate on routes nationwide.

Goldman Sachs is weighing potential layoffs of up to 8% of its workforce in the new year as the economy continues to pose headwinds, a source familiar with the matter said.

Rent prices in November increased 1.23% month-over-month after two months of declines. This pushed median rent prices up above $2,000 yet again. Prices also rose 7.54% annually.