U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive…
A prediction market company best known for allowing users to bet on world events is stepping into New York City’s food scene — if only briefly — with the launch of what it’s calling the…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates rose this week, with the 30-year fixed rate averaging 6.23%, up from 6.18% last week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year 6.23%…
The federal agency that enforces U.S. workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against White employees and job applicants, according to a court filing. Reuters reported that the Equal Employment Opportunity Commission said Nike has refused to comply with a…
Fox Corporation on Wednesday reported its second-quarter earnings that beat analysts’ estimates amid growth in advertising revenue from the company’s news networks and sports programming. The company reported $5.18 billion in revenue for the second quarter of its 2026 fiscal year, an increase of 2% from the prior year quarter and…
Companies in the private sector added just 22,000 jobs in January, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of a gain of 48,000 jobs. The prior month’s payrolls number was revised lower to a gain of 37,000 from an initially reported gain of 41,000.”Job…
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Saks Global announced the majority of its Saks OFF 5TH locations across the United States will now be closing, just weeks after a bankruptcy filing. The luxury retailer said 23 of its Saks OFF…
