Thana Prasongsin | Moment | Getty Images This year has been the worst for layoffs since the start of the pandemic, a new report shows — and those newly unemployed workers are entering a tough job market. While a job loss can leave workers scrambling to keep up with bills like their mortgage or children’s…
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying…
Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will…
President Donald Trump and his administration will begin imposing new limits for federal student loans disbursed on or after July 1, 2026. Undergraduate borrowers will have the same current limit of up to $7,500 a year for dependent students, depending on their class year. But graduate and professional students will see new limits of up…
Zames Chew and Amos Chew are the co-founders of Repair.sg. Courtesy of Repair.sg Growing up, Zames Chew thought he wanted to work a white-collar role at a company like Google, but his career took a different turn. Today, the 26-year-old runs the Singapore-based handyman service Repair.sg, alongside his 24-year-old brother and co-founder, Amos Chew. In…
Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more than others: engineers. Documents filed in New York, California, New Jersey and Amazon’s home state of Washington showed that…
Daniel Gray and his husband, Douglas, and their dog. Courtesy: Daniel Gray On Oct. 23, the day after Daniel Gray’s 56th birthday, he received an email that made him feel like he was dreaming: The U.S. Department of Education would forgive his more than $170,000 student loan balance. “I could not believe it,” Gray said….
An airplane takes off from New York’s Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. Ryan Murphy | Reuters Air traffic controllers and technicians with perfect attendance during the government shutdown will receive…
Treasury yields were lower on Friday as investors contemplated the latest developments surrounding the Federal Reserve’s interest rate outlook. The yield on the benchmark 10-year Treasury fell more than 4 basis points to trade at 4.059%. Yields across the maturity curve ticked lower, with the 2-year Treasury yield shedding more than 5 basis points to…
The exterior of the main entrance of Ford Motor’s new world headquarters in Dearborn, Michigan. Ford DEARBORN, Mich. — Ford Motor is swapping its 1950s “Glass House” headquarters for a new, modern industrial facility to promote collaboration and better appease thousands of employees who have returned to offices in recent years after remote working. The…
