Economy

Job cuts last month increased by 38%, according to a recent report by Challenger, Gray & Christmas.

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.

With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.

Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading. 

The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.

A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.

Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total. 

A new survey finds rising costs still dominate Americans’ concerns, with a record share saying their financial situation is getting worse. Here’s what to know.

WalletHub ranked the best entry-level jobs based on opportunity, growth potential, and job safety.

A Reuters/Ipsos poll finds that a majority of Americans blame President Donald Trump for rising gasoline prices following the U.S.-Israel conflict with Iran.

As graduates enter a challenging job market marked by rising unemployment and experience gaps, experts suggest building resilience and leveraging AI tools to help navigate the transition into the real world.

Nike is laying off about 1,400 employees, as it responds to restructuring efforts. Here's what to know.

Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.

United Airlines said ticket prices could rise 15%–20% due to surging jet fuel costs.

Gas prices are climbing fast across the U.S., hitting every driver’s wallet. Here’s where it is most – and least – expensive.

Gas prices are spiking nationwide, with sharp increases hitting every state over the past year. New data reveals where drivers are feeling the biggest jumps.

According to a report, Meta is preparing to cut thousands of jobs as early as next month, with more layoffs expected later this year. Here's what to know.