America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a…
Business
-
-
Business
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
by adminPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it…
-
Business
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
by adminJust ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a…
-
Business
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
by adminJohnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of…
-
Business
A viral theory on TikTok says nice people don’t get promoted. But experts disagree.
by adminIs being nice holding you back at work? One viral TikTok has young workers up in arms about the perils of being…
-
Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high…
-
Business
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
by adminStrong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices…
-
Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on arcade games.…
-
Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past…
-
Business
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
by adminFormer President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I…
