U.S. Economy Adds 228,000 Jobs in March
The U.S. jobs market shrugged off the effects of federal government layoffs and the impact of new tariff policy and posted a better-than-expected gain last month.
The Labor Department announced...
Job Openings Take a Slight Drop
Layoffs were up and job openings were down in statistics released this week by the Labor Department.
U.S. employers posted some 7.6 million job openings in February, while layoffs were...
Defensive Positioning Pays Off As Policy Upheaval Roils Markets
The economy kicked off 2025 on the wrong foot, with early indicators pointing to an ugly GDP report for the first quarter when the advance estimate is published April...
New Unemployment Claims Fall Slightly
The number of Americans seeking unemployment benefits fell by 6,000 to 219,000 for the week ending March 29, according to statistics released by the Labor Department. That’s less than...
Trump Rolls Out Sweeping Set of Tariffs
President Donald Trump, who has been promising new tariffs on goods coming into the U.S., rolled out his plan in a Rose Garden ceremony Wednesday.
Trump Hits Car Imports With 25% Tariffs
President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States.
The tariffs, set to take effect April 3, are aimed at expanding America’s auto...
Economy Grew at 2.4% in Fourth Quarter of 2024
Fueled by an end-of-year spending spree among American consumers, the U.S. economy grew at a 2.4% rate in the fourth quarter of 2024, the government announced Thursday.
Growth in gross...
DNA Testing Firm 23andMe Files for Bankruptcy
SAN FRANCISCO (Globe Newswire) — 23andMe Holding Co., a leading human genetics and biotechnology company, announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court...
Potential Fall Hazard Causes Segway to Issue Recall
Segway is recalling some 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones.
The...
StubHub Files Registration Statement for Proposed Initial Public Offering
NEW YORK (PRNewswire) — StubHub Holdings, Inc., a leading global secondary ticketing marketplace for live events, announced that it has filed a registration statement on Form S-1 with the...
First-Time Unemployment Claims Hold Steady
The number of U.S. workers seeking unemployment benefits didn’t change much this week.
According to statistics released Thursday by the Labor Department, first-time jobless claims filings were at 224,000 for...
Auto Industry Waiting Out Tariff Uncertainty
The auto industry is waiting for some clarity before deciding how to respond to tariffs being suggested by the White House.
How Return-to-Office Mandates Are Affecting Workplace Civility
A study from SHRM finds return-to-office policies are gaining in popularity, but they're coming with a cost to workplace civility.
Consumer Confidence Falls to Four-Year Low, Survey Shows
The latest survey from the Conference Board shows consumer confidence in the U.S. economy has dropped to a four-year low.
Crypto Gaining in Popularity, But Also Carries Challenges
As cryptocurrency gains in popularity, businesses are trying to figure out how best to use it.
Consumer Spending Rose in February by 0.2%
Shoppers around the country spent a little more money last month than they did in January, but not by much.
Numbers released by the Commerce Department this week showed retail...
Deadline Looms for Additional ‘Reciprocal’ Tariffs
Any economic concerns over President Donald Trump’s on-again, off-again tariff policies could be exacerbated soon.
White House staffers are getting ready to impose new tariffs on a variety of imports...
PepsiCo Buying Poppi in $1.65 Billion Deal
PURCHASE, N.Y. and AUSTIN, Texas (PRNewswire) — PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated...
Forever 21 Closing U.S. Stores, Filing for Bankruptcy
Succumbing to competition from online retailers such as Amazon and Temu, officials at Forever 21 announced this week the company has filed for bankruptcy protection.
It’s the second time in...
Boston Celtics Being Sold for $6.1 Billion
The Boston Celtics are being sold, and for a record amount of money.
Celtics ownership announced Thursday morning they are selling to team to William Chisholm, the co-founder and managing partner of...
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Many Businesses Withholding Spending Decisions To See Impact of Tariffs
Most businesses are taking a 'wait and see' attitude on the effects of impending tariffs before charting a financial course.
