AI-driven automation triggers major workforce shift across corporate America
Amazon, UPS, Target and General Motors announced major layoffs as AI technology reduces the need for large professional workforces across multiple industries.
Silicon Valley venture capitalist says every country wants to bring American innovation to their industries
Andreessen Horowitz general partner Katherine Boyle discusses the impact of AI on the labor market, Donald Trump Jr.'s speech in Riyadh and more on 'Mornings with Maria.'
GM lays off over 1,700 workers indefinitely as EV demand slows
GM announced indefinite layoffs for 1,750 workers and temporary cuts for 1,670 others as the automaker scales back electric vehicle production at Factory Zero.
These jobs are staying safe amid the AI boom, experts say
Artificial intelligence will impact industries differently based on available data, with software and finance facing more automation than healthcare, construction and skilled trades.
Chief strategist reveals the market's 'most important force'
QI Research CEO and chief strategist Danielle DiMartino Booth dissects the market's 'most important force,' recent layoff announcements and more on 'Making Money.'
Fed cuts interest rates for second time this year amid labor market weakness
The Federal Reserve cut its benchmark interest rate for the second time this year despite elevated inflation amid concerns about weakness in the labor market.
Paramount slashes roughly 1,000 jobs, with another 1,000 coming soon, to address post-merger ‘redundancies’
Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance Corporation, in August.
Experts say work-from-home era is fading fast — here’s why
President of Leasing at Newmark Liz Hart joins ‘Varney & Co.’ to discuss the nationwide return-to-office trend, surging demand for commercial space and why companies say in-person collaboration is key to productivity in the age of AI.
Hotel industry reeling as government shutdown puts millions of workers on edge
Government shutdown devastates hotel industry with $650 million in losses and $31 million in daily economic damage as the holiday season approaches.
Paramount to slash approximately 1,000 jobs in brutal round of layoffs
Paramount will slash roughly 1,000 jobs on Wednesday, Fox News Digital has confirmed, following its merger with Skydance earlier this year.
Amazon to cut around 14K corporate jobs
Amazon will eliminate 14,000 corporate positions through internal restructuring, joining over 200 tech companies that cut 98,000 jobs this year.
Federal Reserve faces dilemma amid expected rate cut decision
The Federal Reserve is expected to cut interest rates 25-basis-points at its meeting this week, though elevated inflation has created a dilemma for policymakers.
Ben Levisohn highlights sway Big Tech earnings can have on the markets
Panelists Ben Levisohn, Megan Leonhardt and Al Root analyze the markets, inflation and economic data and the auto industry on 'Barron's Roundtable.'
Meta cuts 600 jobs amid AI expansion push — as automation replaces human staff
Meta announced job cuts affecting 600 employees across AI research divisions, although the company expects most workers to find new internal roles.
Molson Coors to cut hundreds of jobs in restructuring plan
Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy to accelerate growth.
Walmart halts hiring workers who need H-1B visas after Trump administration imposes new fee
Walmart has paused its hiring of candidates who require an H-1B temporary work visa, as one investment CEO applauds the move, claiming that there's "qualified Americans all over this country."
‘Made in America’ has to be taken a step further, Azoria CEO stresses
Azoria CEO James Fishback weighs in on Walmart’s halting job offers for H-1B visa candidates, stresses the importance of hiring American citizens and the upcoming September CPI report.
Amazon defends ambitious AI strategy that could prevent 600,000 future hires through innovation
Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.
Amazon prepares to ramp up automation hiring ambitions
FOX Business' Max Gorden speaks with Amazon's chief technologist for robotics Tye Brady about the company's aspirations to expand AI-powered jobs.
New York City could be ‘losing its footing’ as the world’s financial capital
FOX Business correspondent Madison Alworth reports from the ribbon cutting of JPMorgan’s new headquarters and examines concerns that New York City’s mayoral race could accelerate the exodus of financial jobs on ‘Varney & Co.’