More than a third of holiday shoppers’ will spend less this year than in 2023
Americans are already thinking about the holidays and how they intend to use their money this year. Plans for some…
Category: Business
US job market in ‘bad shape,’ executive recruiter says
The slowing labor market is flashing troubling signs, according to a longtime executive recruiter, who says the U.S. is in…
Why Gen Z surpassing boomers at work is troubling for managers: ‘Age of authority is dropping’
The Wall Street Journal reported that Gen Z is slated to take over the workforce by the end of 2024,…
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
National retailer LL Flooring, previously known as Lumber Liquidators, has announced it will close resulting in around 2,000 workers losing…
US economy added 142,000 jobs in August, missing expectations
The Labor Department reported that U.S. employers added 142,000 jobs in August, missing economists' expectations while the unemployment rate ticked…
Surge of foreign-born workers remake American jobs market
Foreign-born workers are reshaping the U.S. jobs market following a net surge of more than nine million immigrants since the…
Volvo reverses goal to make only EVs in 2030
Volvo announced that it is moving away from its goal of making only electric vehicles by 2030 and is now…
Modelo and Corona parent company says weak wine demand could impact latest earnings
Constellation Brands has been seeing soft demand in its wine and spirits segment, and the alcohol producer recently said it…
Intel’s financial struggles threaten Biden admin chip strategy
The Biden's administration's plans for reigniting the semiconductor industry in the U.S. is facing doubts as its premier domestic producer,…