BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000…
Read more Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AIWASHINGTON — President Donald Trump declared during the State of the Union on Tuesday that “we’re winning so much,” saying he sparked a jobs and manufacturing boom at…
Read more Trump’s State of the Union seeks to calm economic jittersFederal workplace safety regulators have issued citations and fines against three businesses for violations in the deaths of six people last year at a Colorado dairy. The U.S.…
Read more Federal workplace safety regulators penalize businesses over 6 deaths at Colorado dairyWASHINGTON (AP) — America’s gross domestic product — the nation’s output of goods and services — increased at an 1.4% annual rate in the fourth quarter, the Commerce…
Read more US Economy Grows at 1.4% Rate in the Fourth Quarter, Slower Than Economists ExpectedNEW YORK — Despite encouraging box office figures for the season’s first half, the financially strapped Metropolitan Opera scaled back its 2026-27 schedule with its fewest productions in…
Read more Met Opera’s 2026-27 season has 17 productions, its fewest in at least 60 yearsUniversity of Pennsylvania graduate student workers and the school reached a tentative contract agreement Tuesday morning to avoid a strike. The deal, which awaits ratification, includes raises and…
Read more Penn officials, graduate student workers reach tentative deal after nearly 2 years of negotiationsColorado Department of Corrections officials forced inmates to work prison jobs through coercion that ultimately amounted to involuntary servitude, a Denver judge ruled Friday. The state’s prisons unconstitutionally…
Read more Coerced Colorado prison labor amounts to involuntary servitude, judge rulesNEW YORK (AP) — A year ago, U.S. Health Secretary Robert F. Kennedy Jr. said he wanted to rebuild trust in federal health agencies, and vowed to employ…
Read more RFK Jr. Pledged More Transparency. Here’s What the Public Doesn’t Know AnymoreWorkers at Greeley’s JBS meatpacking plant have voted to authorize an unfair labor practices strike, according to a Wednesday morning announcement. The strike stems from what union representation…
Read more Workers at Greeley’s JBS meatpacking plant vote to authorize strikeNEW YORK — The rate of increase for Major League Baseball’s average salary slowed to 1.4% last year while setting a record average at $4,721,393, according to final…
Read more MLB salary increase slowed to 1.4% in 2025 while setting record at $4.7 millionNEW YORK (AP) — The rate of increase for Major League Baseball’s average salary slowed to 1.4% last year while setting a record average at $4,721,393, according to…
Read more Major League Baseball Salary Increase Slowed to 1.4% in 2025 While Setting Record at $4.7 MillionWASHINGTON (AP) — The Labor Department, citing the partial federal government shutdown, said Monday that it will not release the January jobs report on Friday as scheduled. In…
Read more Labor Department Delays January Jobs Report Because of Partial ShutdownThe one thing N. Lee Plumb knows for sure about being laid off from Amazon last week is that it wasn’t a failure to get on board with…
Read more Did artificial intelligence really drive layoffs at Amazon and other firms? It can be hard to tellAnalysts’ favourite gauge of the U.S. economy’s health comes from data. And at the moment, the numbers look OK … ish. Hiring is down, but unemployment hasn’t spiked,…
Read more ‘I just don’t have a good feeling about this’: Top economist Claudia Sahm says the economy quietly shifted while policymakers wait for the wrong alarm | FortuneJust weeks before the start of a high-stakes bargaining cycle with the major Hollywood studios, the Writers Guild of America’s own staff is threatening to go on strike.…
Read more WGA West Staff Authorizes Strike, Accusing Guild Leadership Of Bad Faith Bargaining Ahead Of Negotiations With AMPTPTHE HAGUE, Netherlands — Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion…
Read more ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobsAt the highest levels of the FDA, questions remain about which officials have the legal authority to sign off on drugs cleared under the Commissioner’s National Priority Voucher…
Read more Legal Questions Swirl Around FDA’s New Expedited Drug Program, Including Who Should Give Sign OffNEW YORK (AP) — Thousands of New York City nurses were set to return to the picket lines Tuesday as their strike targeting some of the city’s leading…
Read more NYC Nurses Strike Enters Second Day as Hospitals Move to Fill Labor GapsWASHINGTON — U.S. filings for jobless benefits rose in the last week of 2025 but remain historically low, despite signs that the labor market is weakening. The number…
Read more Slightly more Americans file for jobless benefits in the last week of 2025If there is one point of consensus among the CES 2026 keynote speakers, it is that AI is reshaping technology with a speed and scale unlike any previous…
Read more McKinsey and General Catalyst execs say the era of ‘learn once, work forever’ is over | TechCrunch