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1 min read

Stock market today: S&P 500 notches fresh record on labor-market data and China stimulus pledge

Indexes rose Thursday on a surprise fall in jobless claims and pledges of further stimulus in China…

Kelly Cloonan   


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1 min read

Over 30,000 Boeing workers are preparing to strike after rejecting a new labor contract

Workers voted against an agreement that included a 25% wage increase and a new plane program in Sea…

Shubhangi Goel   


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3 mins read

How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO

Declining US fertility rates and an aging workforce make immigration reform an "economic necessity,…

Christine Ji   


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6 mins read

AI will reshape the global labor force. Employers will need to help their workers keep up.

Artificial intelligence is poised to remake aspects of nearly all jobs. Employers will need to find…

Tim Paradis   


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2 mins read

Stock market today: Indexes mixed as investors assess labor data ahead of Friday payroll report

Indexes were mixed on Thursday amid fresh labor data ahead of Friday's August nonfarm payroll repor…

Kelly Cloonan   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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6 mins read

The hot new status symbol: phone calls

In the age of customer service chatbots and endless FAQs, the ability to speak to a real human bein…

Emily Stewart   


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1 min read

New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing

Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…

Kelly Cloonan   


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1 min read

The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening

Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…

Kelly Cloonan   


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3 mins read

Who is Donald Tang, the public face of Shein, who employees know better than their own company's CEO?

Donald Tang is considered the most "visible leader" of the Singapore-based company currently embroi…

Hannah Getahun,Katherine Tang…   


William Edwards   


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2 mins read

Actor Gina Carano wants Pedro Pascal and Bear Grylls to testify in her case against Disney over her 'Mandalorian' role

Gina Carano alleges Disney unjustly fired her from the "Star Wars" show because of her personal vie…

Jacob Shamsian   


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4 mins read

Inside the legal battle over the fate of the biggest supermarket merger in US history

Kroger and Albertsons are duking it out with US antitrust regulators who have sued to block the pro…

Natalie Musumeci   


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3 mins read

This is what gold's record price actually reveals, according to experts

The price of gold has beaten all expectations for the year, and the forces driving it higher don't …

Dominick Reuter   


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3 mins read

I canceled my Costco membership after a year. I loved the store, but it fueled my worst habits.

I had a Costco membership for one year but I'd never go back to shopping at the warehouse. Througho…

Sarra Sedghi   


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2 mins read

Some fast-food restaurants in the US are paying workers in Asia and Africa to take customers' orders via video call

Rather than finding workers locally, some fast-food restaurants in the US are paying cashiers on di…

Grace Dean   


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2 mins read

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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2 mins read

Bernie Sanders and labor leaders set their sights on Gov. Tim Walz for Harris' VP

Bernie Sanders, who endorsed Kamala Harris for president, said Gov. Tim Walz would be a candidate w…

Hannah Getahun   


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3 mins read

Fast-food price hikes reach 'tipping point' as chains try to reset their menus with value deals and combos

To attract cash-strapped diners amid sliding sales, fast-food chains have been turning to combo dea…

Grace Dean   


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2 mins read

The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says

JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…

Kelly Cloonan