CVS Health to cut 2,900 jobs
CVS Health is slashing its headcount by 2,900, or 1% of its total workforce. The layoffs will largely focus on corporate positions, a spokesperson said.
Labor market is the 'last shoe to drop,' James Iuorio says
TJM Institutional Services director James Iuorio on upcoming jobs data, Fed Chairman Jerome Powell's remarks on rate cuts and the economy, as well as the port workers strike.
Port workers speak out to FOX Business: 'We've taken less than we deserved in the past'
FOX Business' Lydia Hu reports from the picket line in Elizabeth, New Jersey, and speaks with port workers about why they're demanding higher wages.
Port workers are 'ready to go to war': Jeff Sica
Circle Squared Alternative Investments' Jeff Sica explains how a U.S. port workers' strike could be inflationary for markets and Americans' pocketbooks.
Joe Biden, 'this is your job' to intervene in the looming port strikes: Chris Spear
American Trucking Associations President and CEO Chris Spear analyzes the short and long-term macroeconomic impacts as dockworker strikes could disrupt major shipping ports on the East Coast.
Port strike will bring another hit to farmers, says former Trump official
A potential strike by workers at more than 30 seaports from Texas to Maine could wreak supply chain havoc in U.S., impacting food supply, medicine, cars and auto parts.
CEO exits up at unprecedented rate, study finds
Chief executive turnover surged in August and is now at the highest level year-to-date on record, according to data from coaching firm Challenger, Gray & Christmas.
World's largest ski resort operator announces layoffs ahead of winter season
Vail Resorts announced that it is slashing its headcount as part of a two-year transformation plan. The company says the move will position it for further expansion.
Make money as a dog food taster with these steps to getting started
One of many odd jobs is a dog food taster. Dog food tasters are responsible for tasting dog food, and evaluating the food based on a variety of different factors.
US port strikes could have 'substantial' impact on markets, consumers: David Tawil
Prochain Capital President David Tawil talks Disney job cuts, looming port strikes and which commodities and stocks are best to put your money into.
US economy grew 3% in the second quarter, in line with expectations
The U.S. economy grew at a 3% rate in the second quarter, in line with economists' expectations, according to the latest data from the Bureau of Economic Analysis.
Former iconic American stores that have closed in last 20 years: Kmart to Circuit City
As Kmart plans to shutter its last full-scale store in the continental U.S., here's a look at past American retailers that have closed in the last 20 years.
Consumer confidence falls, showing largest decline in 3 years
U.S. consumer confidence declined across all five components of the Consumer Confidence Index in September, resulting in the largest drop in more than three years.
US grocery stores could be without popular fruit within weeks as 45,000 dockworkers threaten to strike
American consumers may soon have to endure empty fruit aisles and soaring prices if 45,000 dockworkers threatening to strike end up walking off the job.
Gen Z pushes back against lazy stereotype by flaunting office jobs in TikTok trend
A recent Wall Street Journal report zeroed in on an uptick in Gen Z workers who are taking to social media to show they are content with their office jobs.
Celebrity chef torches Newsom's 'self-congratulatory' minimum wage hike: 'Crushing the industry all around’
Celebrity chef Andrew Gruel responds to Gavin Newsom's latest claim that California's minimum wage hike has added 11,000 fast food jobs.
Businesses are 'screaming' mad over Dem policies putting them out of business: Jason Rantz
Seattle radio show host Jason Rantz reacts to West Coast politics hitting workers' wages and customers' wallets.
Kamala Harris' tax plan could cost US nearly 800K jobs
Vice President Kamala Harris' tax plan would create disincentives for work and investment that would cost the U.S. economy nearly 800,000 jobs, a Tax Foundation analysis found.
Fed's Powell says immigration surge boosted unemployment rate
Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.