Americans trimming back wage expectations for new jobs: NY Fed
The New York Federal Reserve's consumer expectations survey found Americans are lowering their expectations for starting wages at a new job compared with November 2024.
Anthropic anticipates AI virtual employees coming in next year, security leader says
Jason Clinton, Anthropic CISO, says the company anticipates AI employees will appear on corporate networks in the next year, Axios reported
FOX Business Briefs 4/22
Verizon surpassed expectations with its first-quarter earnings; Kimberly-Clark warns of rising costs; Roche to invest $50 billion in U.S. production; Oscar voters must watch all nominated movies.
Pope Francis' views on business, the economy through the years
Pope Francis died at the age of 88, and the late pope discussed economic issues during his 12 years leading the Catholic Church, urging more opportunities for the poor and young.
Trump's tariffs projected to increase unemployment, but escape mass layoffs: Allianz
Allianz economists are forecasting that the unemployment will rise to 5% by early 2026, though mass layoffs aren't expected as inflation raises consumer prices due to Trump's tariffs.
More than 1,000 illegal alien workers arrested since Trump's inauguration: ICE
More than 1,000 illegal alien workers without employment authorization have been arrested since Jan. 20 and businesses in violation are facing a combined $1 million in fines, ICE said.
How Trump's tariffs could impact the labor market
A new analysis by Goldman Sachs economists on the labor market impact of tariffs found that President Trump's tariffs may boost manufacturing but shrink the overall American workforce.
Unemployment worries jump to highest level since 2020 in New York Fed survey
The New York Federal Reserve's new survey of consumer expectations found Americans are more pessimistic about the labor market amid concerns over rising unemployment.
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
DOGE finds thousands of fake unemployment claims
The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.
GM temporarily lays off 200 workers at all-EV plant
General Motors said Thursday that it is temporarily laying off hundreds of workers at its all EV-plant in Detroit in response to market dynamics.
EOS Energy CEO reveals key to competing with China: 'You innovate'
FOX Business' Jeff Flock speaks with EOS Energy CEO Joe Mastrangelo on the bringing back manufacturing back to America from China and showcases the company's battery production line.
'Seismic shift' in trade causing fractured messaging on Trump tariffs
The Trump administration's messaging on the objectives of the president's tariff plans has been wide-ranging, with the administration saying multiple things can be true at once.
Trump White House celebrates strong U.S. job growth in first quarter: 'smashing expectations'
The White House released a statement on Friday, noting March's job report shows the private sector is "roaring back" under the Trump administration.
Hooters axes bikini nights, embraces charity work in post-bankruptcy overhaul
Hooters CEO Sal Melilli detailed the restaurant's highly anticipated 'return to glory' as restaurants nationwide prepare for a brand overhaul.
US economy added jobs at a faster pace in March
The U.S. economy added 228,000 jobs in March, above economists expectations, as payroll growth continued at a faster pace despite mounting economic uncertainty.
Trump has made message ‘clear’ that he’s ‘putting business first’: TaChelle Lawson
Small business owner TaChelle Lawson, RedBalloon CEO Andrew Crapuchettes and PublicSquare CEO Michael Seifert speak to Fox News Digital about why Main Street is optimistic under the second Trump administration.
DOGE cuts drive layoffs in March to highest level since pandemic
U.S. employers announced the third-most monthly layoffs on record in March, as Elon Musk's Department of Government Efficiency (DOGE) continued its efforts to cut the federal workforce.
CEO gives 'kudos' to Trump for playing 'long game' on tariffs: 'It will bring manufacturing back'
Zekelman Industries Chairman & CEO Barry Zekelman weighs in on President Donald Trump's tariff announcement and discusses the impact of foreign imports on critical domestic industries.