Jobs

Saks Global said most of its Saks OFF 5TH locations across the United States will be closing starting early next week, with just 12 locations remaining open.

Nearly century-old Chicago candy maker Primrose Candy Co. files for Chapter 11 bankruptcy protection, seeking to restructure over $12 million in debt.

A new Fed study estimates tariffs cost the U.S. economy 19,000 jobs per month in 2025, potentially raising unemployment by 0.1 percentage points.

General Motors invests tens of millions of dollars into a Kansas plant to boost worker wages and skills ahead of three major vehicle launches this year.

JPMorgan Chase announced it will match the federal government’s $1,000 contribution to Trump Accounts belonging to eligible employees’ children.

Home Depot said it will eliminate about 800 jobs tied to its Atlanta store support center and require corporate employees to return to the office full time.

Instacart added a $5.99 "Regulatory Response Fee" to NYC orders after the passage of new worker protection laws requiring a $21.44-per-hour minimum wage for drivers.

Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its three prior meetings amid uncertainty over the labor market and inflation.

FAT Brands files for Chapter 11 bankruptcy protection with $1.3 billion debt, affecting Fatburger, Johnny Rockets, Twin Peaks and 16 other restaurant chains.

Federal Reserve expected to hold interest rates steady in the 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.

Consumer confidence "collapsed" to its lowest point since 2014, falling below pandemic lows as Americans worry about jobs and the economy's future, The Conference Board reported.

From decline to strategic asset: how tariffs and policy shifts revived America's aluminum sector. New investments could sustain communities for decades.

UPS aims to cut up to 30,000 operational jobs by 2026 as part of major transformation strategy to optimize network operations and boost productivity.

Nike is planning to cut 775 jobs at distribution centers in Tennessee and Mississippi, amid the sportswear giant's push to boost efficiency and deploy automation.

Economic shift underway as AI targets coders but can't replace welders. Mike Rowe explains why skilled trades offer stability amid workplace disruption.

Jensen Huang calls AI infrastructure development the "largest buildout in human history," creating massive job opportunities and wage growth for skilled trades workers.

Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as next week.

Palantir CEO Alex Karp said Tuesday that usage of artificial intelligence at hospitals "bolsters civil liberties," while also offering a warning to Europe.