Labor

American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.

Britt is poised to be Alabama's first female senator. QUICK FACTS: Former President Donald Trump-backed candidate Katie Britt beat Alabama Rep. Mo Brooks for the Alabama...

New concerns are being raised about the long-term outlook of higher education as enrollment numbers continue to decline and coronavirus relief funds run out.

Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...

The move creates the first union of Apple retail employees in the U.S.

Target has started offering discounts to clear out excess items from its inventory.

Soaring diesel prices could cause food shortages, farmers warned this week.

A new California bill that would pass off regulation of the fast food industry to an unelected council has raised concerns with Republicans and business groups struggling to recover from pandemic lockdowns.

The Fed hiked rates by a stunning (but expected) 75bps - the biggest hike since 1994. Esther George dissented (preferring 50bps).

Up 0.8% from prior month.