Global economy faces 'long road' to recovery, OECD warns
The Organization for Economic Cooperation and Development said in its latest Economic Outlook that the world economy faces a "long" road to recovery in the face of stubborn inflation and high interest rates.
Women return to work in strong numbers thanks to hybrid, flexible schedules
FOX Business' Gerri Willis speaks to active, working moms who have contributed to a record number of U.S. women re-entering the workforce as of May 2023.
Martha Stewart warns American economy will 'go down the drain' if people don't return to offices
While skewering the economy of France, Martha Stewart warned that the U.S. economy could "go down the drain" if people do not return to their offices.
Spotify trimming more workers after laying off 6% in January
Spotify has revealed it will further reduce its headcount, with about 2% of its workers getting laid off. The company attributed the layoffs to it changing its podcasting approach.
Fed is back to 'aggressively' draining its balance sheet: Troy Gayeski
FS Investments chief market strategist Troy Gayeski analyzes the jobs picture, inflation data, and discusses his outlook on the market rally during an appearance on 'Mornings with Maria.'
Meet your next coworker: Walmart's Alphabot
Walmart's automated bot, dubbed Alphabot, was designed to make grocery pickup and delivery even faster, benefitting both the company's associates and customers.
Nationwide lifeguard shortage may cause hundreds of pools and beaches to close this summer
A nationwide lifeguard shortage may mean less pools and beaches are open, this summer.
What will be the impact of another rate hike decision?
SlateStone Wealth's Kenny Polcari gives his economic outlook following the passage of the debt ceiling bill and May jobs report on 'Maria Bartiromo's Wall Street.'
JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates
JPMorgan Chase Chief Operating Officer Daniel Pinto offered his take Friday on the economy and the direction U.S. interest rates could be headed.
Facebook parent Meta Platforms bringing workers back to office three times a week
Meta Platforms will soon require certain staffers to report a few days a week to do their work in person, a move first reported Thursday by The Information.
AI cost nearly 4,000 people in the U.S. their jobs, report says
AI cost several thousand people their jobs in May, according to Challenger, Gray & Christmas. For 3,900 of the layoffs, U.S. employers announced in May that AI was the reason.
US economy isn't heading for recession, it's exiting one: Keith Fitz-Gerald
Stifel Financial chief economist Lindsey Piegza and The Fitz-Gerald Group principal Keith Fitz-Gerald discuss how the strong May jobs report could affect the Fed's next rate decision on 'The Claman Countdown.'
Commercial real estate market will worsen if economy slows: Jeff Greene
Real estate entrepreneur Jeff Greene addresses fears of commercial real estate collapse on 'The Claman Countdown.'
Job growth keeps Fed's eye on future interest rate hikes
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.
Former White House economist details 'red flags' in May jobs report
Hoover Institute Kleinheinz Fellow Tyler Goodspeed and Euro Pacific Capital's chief economist and global strategist Peter Schiff break down the May jobs report.
May jobs report breakdown: Which industries hired the most workers last month?
The Labor Department reported on Friday that the U.S. economy added 339,000 jobs in May, driven by a flurry of hiring in professional and services sectors.
Cannabis industry facing potential recession despite being legal in 23 states
FOX Business' Lauren Simonetti discusses a downturn in the Cannabis industry and the increase in non-industry workers testing positive for the drug.
Great American labor swap is happening in the US job market: Jared Levy
Aptus Capital Advisors portfolio manager David Wagner and Delancey Strategies President Jared Levy discuss whether the strong May jobs report will complicate the Fed's next rate decision on 'Cavuto: Coast to Coast.'
May jobs report a ‘significantly higher number’ than expected: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari joined ‘Varney & Co.’ to discuss May’s strong job report and the predicted impact it will have on the stock market.
US job growth unexpectedly jumps in May as economy adds 339,000 new positions
The May jobs report released Friday provided a key look at the labor market's health amid the Federal Reserve's aggressive interest rate-hike campaign.