Labor economy

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…

Gen Z, millennials say money talks should happen before the relationship gets serious, study finds

While most Americans say couples should talk about money honestly before living together, Gen Z and millennials believe the conversation…

Inflation fears down, consumer optimism up: Economy may start to help Biden with voters

Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…