A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Advance Auto Parts announced over 700 stores to close and job cuts by middle of 2025 due to financial losses as consumers continue to hold back.

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Republicans have secured a majority in the House of Representatives with a two-seat advantage. However, it is quite slim ...

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...

Thousands of jobs have been slashed from the public service, leaving those still with jobs struggling to keep up the same workload.

It may be tough to single out any particular ones as the worst of the bunch, but allow me to suggest two contenders: tech ...

Roughly a year ago, Gilead Sciences revealed that it was laying off about 7% of Kite Pharma’s workforce in a bid to refresh ...

The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major ...

The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to ...