Bankrupt trucker Yellow repays $700 million Covid loan, Teamsters blast ‘failed executives’
Bankrupt trucking company Yellow has fully repaid a controversial $700 million Covid loan to the U.S. Treasury Department, plus more…
The unemployment rate of Black men rose in January, underscoring continued inequality in labor market
Black men lost ground in the workforce last month, marking a continuation of the disparities that have permeated the U.S.…
Workers are sour on the job market — but it may not be warranted
Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index…
Weekly jobless claims post lowest reading since September 2022
The labor market continued to show surprising resiliency in the early days of 2024, with initial jobless claims posting an…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and…
Biden administration issues rule that could curb ‘gig’ work, contracting
The U.S. Department of Labor on Tuesday issued a final rule that will force companies to treat some workers as…
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet…
Does the tax on your year-end bonus check seem high? Here’s why
Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some…
Lawmakers praise workers for landmark Wells Fargo union branch vote in New Mexico
WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for becoming the first…
