A watchdog report found BLS released CPI and jobs data at improper times in 2024, saying the agency still needs additional safeguards for economic data.

Saks Global exits bankruptcy as Exemplar Luxury Group, cutting 75% of debt and closing 62 off-price stores including Saks OFF 5th locations.

Ford rehired about 300 veteran engineers after AI tools failed to match human expertise, helping the automaker top the JD Power 2026 Initial Quality Study.

The Unleash Prosperity report, titled "Boomsday Not Doomsday," argues AI could help ease housing costs, boost productivity and move workers into higher-value roles.

Los Angeles delays its $30 minimum wage plan for hotel workers until 2030 amid industry warnings of layoffs, reduced hiring and rising labor costs.

Robert Shiller, a Nobel laureate in economics, says fears about AI severely impacting the job market are warranted but that they should be tempered.

Trump visits Mack Trucks facility in Macungie, Pennsylvania, touting 32,000 new jobs and 2,600 manufacturing jobs created in the commonwealth.

Jeff Bezos says AI will create a labor shortage and won't replace humans, offering an optimistic outlook at the VivaTech technology conference in Paris.

The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.

Acting Labor Secretary Keith Sonderling is calling on governors to take action to target unemployment insurance program waste, fraud and abuse.

Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.

The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.

Boating retailer West Marine filed for Chapter 11 bankruptcy and submitted plans to shutter 59 locations while pursuing strategic reorganization.

Mortgage rates ticked higher this week, with Freddie Mac reporting the average 30-year fixed loan rose to 6.52% as homebuyers continued to enter the market.

America's Workforce Academy offers paid training and guaranteed job opportunities for electricians and technicians needed to build AI data centers.

One of California's largest fast-food franchise operators is moving to close and sell dozens of burger restaurants following a bankruptcy filing.

Meta launches America's Workforce Academy with $115 million investment, offering free skilled trades training with guaranteed jobs for all graduates.

AI was the leading reason cited for U.S. job cuts for the third consecutive month, with 97,006 layoffs announced in May, according to new data.