TAG · Economy
Netflix projects 2026 revenue of $51 billion to $51.4 billion — a 13% to 14% increase over the prior year — and an operating margin of 31.5%. Separately, a merger between Paramount and Warner Bros. Discovery is producing Skydance, which…
2026-10-14 · 3 MIN READU.S. employers added 29,000 jobs last month — one job for every 244 unemployed workers — and the average worker is taking longer to find a new job, with more people exhausting their unemployment benefits before any new paychecks begin. The…
2026-10-11 · 4 MIN READWalmart is installing small wheeled robots equipped with motion and obstacle sensors across more than a dozen of its warehouses, part of a decade-long, multibillion-dollar campaign to automate the company's distribution network, according…
2026-10-09 · 3 MIN READLabor Department Inspector General Anthony D'Esposito said Thursday he had sent subpoenas to nine American universities that Vice President JD Vance's antifraud task force accused of abusing the J-1 visa program, which lets international…
2026-10-08 · 3 MIN READMicrosoft disputed Vice President JD Vance's allegation that the company "replaced" 6,000 US workers laid off in 2025 with H-1B visa holders, in a company blog post issued at the same White House event where Labor Secretary Keith…
2026-10-08 · 3 MIN READTexas grew its finance employment nearly 26% from 2019 to 2025, more than double New York's 12% growth rate, according to a Wall Street Journal CFO Journal morning briefing. New York remains the largest U.S. employer in the securities…
2026-10-07 · 5 MIN READSEK Community Food Shop opened a new community supermarket on the first floor of The Pentagon Centre in Chatham this week, the BBC reported, expanding a Kent chain that resells surplus food at low prices while offering wraparound support…
2026-10-06 · 3 MIN READCalifornia's new workplace artificial-intelligence laws prohibit AI surveillance in workplace bathrooms and aim to target other surveillance measures such as heat maps that track employees' movements — including how long they spend in the…
2026-10-03 · 9 MIN READMortgage rates climbed to their highest level in three years this week, jumping from 7 percent to 7.28 percent on Thursday in the largest weekly increase since 2022, according to The Guardian. The 10-year Treasury yield, which underpins…
2026-10-02 · 5 MIN READCalifornia's newly enacted 'No Robo Bosses Act' requires human corroboration and written notice when an employer 'primarily relies' on an automated system to discipline or fire workers. The law never defines the 'primarily relies' standard…
2026-10-01 · 3 MIN READCalifornia Governor Gavin Newsom signed legislation Wednesday barring employers from using artificial intelligence to predict workers' emotional states from biometric data, requiring written notice when AI drives mass layoffs, and…
2026-10-01 · 4 MIN READLinkedIn CEO Dan Shapero said applications per job seeker on the platform have risen about 30 percent since the pandemic, with many submissions now generated using artificial intelligence tools. LinkedIn on Tuesday plans to announce…
2026-09-29 · 4 MIN READThe New York securities industry is on pace to generate more than $90 billion in profits this year, according to estimates released by New York State Comptroller Thomas DiNapoli, a performance that would push the industry's bonus pool…
2026-10-06 · 3 MIN READThe U.S. clean-energy industry shed nearly 37,000 jobs in 2025, reversing four consecutive years of workforce expansion, according to E2, a coalition of business leaders, investors and professionals that describes itself as nonpartisan and…
2026-09-23 · 3 MIN READ
Three UK women in their early 20s have described to the BBC how they navigate rent, bills and job searches without the financial support that many of their peers receive from family. The accounts, published Tuesday by BBC Your Voice,…
2026-09-22 · 4 MIN READMicrosoft's Xbox division announced Tuesday it is cutting 268 additional jobs and transferring development of future Halo games to Activision, the Call of Duty publisher. The layoffs build on the 1,600 cuts Microsoft made in July when…
2026-09-22 · 3 MIN READDoorDash will pay $131.5 million to settle a New York City investigation into the company's compliance with a 2023 minimum-pay law for food-delivery workers, the company said Tuesday. The agreement resolves a probe by the city's Department…
2026-09-22 · 3 MIN READOpening statements began Monday in a California civil rights trial in which the state accuses Tesla of fostering a racially hostile work environment at its flagship Fremont factory, with dozens of Black employees alleging years of racial…
2026-09-21 · 4 MIN READThousands of German auto industry workers protested Monday against job cuts and state industrial policy following a mobilization call by labor union IG Metall. The demonstrations, which were announced last month, drew workers from…
2026-09-21 · 3 MIN READArbitration documents released Thursday by the family of Emily Normandin-Parker, 23, name Luna Moore as the friend riding with her that night. The documents also identify the 73 freeway in Orange County as the location where…
2026-09-18 · 3 MIN READA Pew Research Center survey of 42,151 people across 36 countries found that in 34 of 37 countries surveyed, respondents are more likely to believe artificial intelligence will reduce jobs than create them. The skepticism runs highest in…
2026-09-18 · 3 MIN READAmazon has added an uncapped 10% grocery discount for its US employees alongside a $1 minimum-wage increase that lifts the company's hourly starting pay to $20. The benefit covers eligible fresh groceries and everyday essentials on…
2026-09-16 · 4 MIN READAmazon said Wednesday it is raising the minimum starting wage for its U.S. full-time core operations employees to $20 an hour, a $1-an-hour increase the company said puts average total compensation above $32 an hour when benefits are…
2026-09-16 · 3 MIN READA Gallup poll released Tuesday found that 27% of U.S. workers said they worry their job could be eliminated because of technology—the highest level recorded since Gallup first asked the question in 2017. The figure is more than double the…
2026-09-15 · 3 MIN READThe Guardian's Australian politics live blog opened on September 14 under Krishani Dhanji, who took over from Martin Farrer, with migration set to dominate Parliament a day after One Nation announced a policy to cut 750,000 temporary visas…
2026-09-14 · 3 MIN READSEOUL, Sept. 11 (UPI) — South Korea's Ministry of Finance and Economy upgraded its assessment of the economy Friday, declaring a "solid recovery" driven by surging exports and improving domestic demand, despite heightened uncertainty from…
2026-09-11 · 3 MIN READAritzia and McDonald's are investing in human-staffed customer service in a reversal of the shift toward self-service kiosks and digital ordering, The Wall Street Journal reported Friday. Canadian apparel retailer Aritzia staffs sales…
2026-09-11 · 3 MIN READA Hong Kong court convicted Dow Jones Publishing, the parent company of the Wall Street Journal, of deterring reporter Selina Cheng from exercising trade union rights but acquitted the company of dismissing or discriminating against her…
2026-09-10 · 3 MIN READA Rand Corporation report released Wednesday found that federal contractors in the S&P 500 hired veterans at 2.4% of new positions in 2025, less than half the 5.1% target set by the federal government. Among other contractors, the share…
2026-09-09 · 4 MIN READJaguar Land Rover has confirmed plans to cut 4,000 UK jobs over two years, prompting warnings from suppliers about the broader decline of Britain's automotive sector. Chief executive PB Balaji said the company aims to save £1.7bn through…
2026-09-08 · 4 MIN READBlock Communications announced Tuesday it is seeking a buyer for The Blade, its Toledo, Ohio, newspaper, warning that the paper will cease both print and digital operations at the end of the year if no sale is completed.
2026-09-08 · 3 MIN READFour former Amazon warehouse employees filed a class-action lawsuit alleging the company illegally punished and fired them for seeking pregnancy-related accommodations, in violation of the federal Pregnant Workers Fairness Act. The…
2026-09-08 · 4 MIN READMajor U.S. labor leaders have labeled President Donald Trump the most anti-union president in modern American history, according to a Guardian analysis published Monday. The newspaper documented a year of Trump administration actions since…
2026-09-07 · 4 MIN READNPR's Andrea Hsu reported on September 7, 2026, that the data center construction boom has delivered "plenty of work and lots of overtime" to union electricians. The same construction wave has placed those workers at odds with many…
2026-09-07 · 3 MIN READMore than 4,500 apartments in Austin, Texas, classified by the city as affordable — nearly 16% — sat vacant while the city's poorest residents cannot afford to live in them. Mathew Davis, 49, who lives in an Austin homeless shelter, said…
2026-09-07 · 4 MIN READUS union membership grew by 411,000 in 2025, the largest single-year increase since 2008, according to a report from the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois at…
2026-09-07 · 3 MIN READLinda Mancuso has spent weeks praying that her son Michael's Haitian caregiver will be able to return to work. Michael is a 23-year-old, nonverbal man with developmental disabilities who lost his aide in late July after the Supreme Court…
2026-09-06 · 3 MIN READU.S. employers added 162,000 jobs in August, more than double the 65,000 that economists had projected. The hiring rebound comes two months before midterm elections as voters grow increasingly frustrated by higher costs — particularly fuel…
2026-09-05 · 3 MIN READVolkswagen's supervisory board unanimously approved a restructuring plan that will cut 100,000 jobs by 2030, about 15% of the carmaker's employees, after the company was hit by US tariffs and increased competition from Chinese automakers.…
2026-09-04 · 4 MIN READCanadian Prime Minister Mark Carney said Thursday the federal government will spend about C$4.7 billion (US$3.4 billion) to acquire 313 new passenger cars for state-owned Via Rail, contracting with Alstom to build the coaches entirely in…
2026-09-03 · 4 MIN READVolkswagen CEO Oliver Blume is considering bypassing the company's supervisory board to take a cost-cutting plan directly to shareholders, according to people familiar with his plans. The plan envisions doubling earlier job-loss targets to…
2026-09-02 · 3 MIN READA US district judge has dismissed the remaining claims in a lawsuit brought against Lizzo's production company by a former wardrobe assistant who alleged she was subjected to sexual harassment, racial harassment, and other mistreatment…
2026-09-02 · 4 MIN READErnst & Young's U.S. division will invest $100 million this fiscal year in employee cash bonuses to recognize adaptability, innovation and judgment — alongside AI experimentation — the professional-services firm said. Individuals can earn…
2026-08-31 · 4 MIN READA new federal program called Workforce Pell is expanding Pell grant eligibility to some short-term job training programs, ending a decades-long requirement that eligible programs run at least 15 weeks and 600 hours. Forsyth Technical…
2026-08-31 · 3 MIN READMembers of Unifor, the union representing 4,600 General Motors employees in Canada, ratified a new three-year labor agreement with the automaker, the union said Sunday. The deal includes C$1.1 billion (US$791 million) in GM investments…
2026-08-30 · 3 MIN READNYC Mayor Zohran Mamdani filed a lawsuit last week to block a City Council law that would pay roughly 25,000 school aides one-time bonuses of $10,000 each, pitting Mamdani against a labor union that endorsed him in last year's race. The…
2026-08-29 · 4 MIN READWASHINGTON — Under guidance issued this spring, the FBI will dismiss job applicants revealed during vetting to have engaged in prostitution within the last 10 years, three or more times overall, or while in a position of trust, and will…
2026-08-28 · 5 MIN READBuilding trades unions are threatening to withhold campaign financing and volunteer canvassing from candidates who oppose data center construction, escalating a fight over the AI build-out ahead of the midterm elections. The Steamfitters…
2026-08-28 · 4 MIN READThe benchmark 30-year fixed mortgage rate stood at 6.65% this week, according to Freddie Mac data released Thursday, sitting just shy of 6.69%, the high for the year. Higher borrowing costs can add hundreds of dollars a month for…
2026-08-27 · 3 MIN READDeloitte has agreed to pay nearly $21.5 million to settle Justice Department allegations that the accounting and consulting firm defrauded the federal government by considering diversity in its employment decisions. The agreement was…
2026-08-25 · 4 MIN READSpaceX plans to invest $100 billion in a 125,000-acre rocket launch complex called "Starbase, Louisiana," along the state's southern coast, the company and Gov. Jeff Landry announced Tuesday at an event in Abbeville.
2026-08-25 · 3 MIN READNew York City Mayor Zohran Mamdani has backed a City Council bill that would require Amazon to directly hire the couriers who deliver its packages, announced the collection of more than $9 million in idling fines from Amazon delivery…
2026-08-25 · 4 MIN READThe Department of Homeland Security has proposed a $103,265 fee for new H-1B visa filings to replace a $100,000 levy that a federal appeals court struck down earlier this year. The new fee would apply to most new applicants, including…
2026-08-24 · 3 MIN READA small group of U.S. restaurants have stopped accepting gratuities and raised menu prices to pay service workers higher hourly wages, with results ranging from stable staff retention at some venues to outright reversion at others.
2026-08-24 · 3 MIN READComputer programmer Fei Zhaojun was laid off in Beijing two weeks after his employer asked whether artificial intelligence could soon replace human coders, part of a wave of about 160 colleagues dismissed together as AI adoption…
2026-08-24 · 3 MIN READThe Climate Jobs National Resource Center and affiliated unions are organizing to defend offshore wind construction jobs against Trump administration actions, according to labor leaders. Federal courts have blocked each of the…
2026-08-23 · 5 MIN READLegislators in New York and Pennsylvania have proposed bills requiring employers to disclose hiring timelines and remove job ads after roles are filled, amid a growing share of digital listings generating no hiring activity. Texas Attorney…
2026-08-21 · 3 MIN READA cluster of major technology companies is escalating community-investment offers, jobs guarantees, and open-house events to counter mounting public opposition to AI data-center construction. The shift comes as a Gallup poll finds 71% of…
2026-08-19 · 3 MIN READThe Trump administration's July 27 termination of Temporary Protected Status for Haitian immigrants has emptied positions across South Florida's healthcare, hospitality and home-care sectors, with two home-care agencies in Miami-Dade and…
2026-08-17 · 3 MIN READA Wall Street Journal investigation published Aug. 14 found that thousands of North Korean operatives have used fake and stolen identities to land remote jobs at U.S. companies, funneling hundreds of millions of dollars back to the North…
2026-08-14 · 3 MIN READGraham Platner, the former Maine Democratic Senate nominee, is scheduled as the featured speaker at a Labor Day rally in Ellsworth, Maine, in what may be one of his first public appearances since ending his campaign in July. The event,…
2026-08-13 · 4 MIN READThe California Public Utilities Commission voted unanimously Thursday to approve Charter Communications' $21.9 billion acquisition of Cox Communications, removing the final state-level regulatory hurdle for a deal that would create the…
2026-08-13 · 3 MIN READU.S. job seekers are adding artificial-intelligence terms to their résumés and LinkedIn profiles at rising rates, according to data from LinkedIn and Indeed reported by The Wall Street Journal. The share of U.S. LinkedIn users who added…
2026-08-13 · 4 MIN READThe Equal Employment Opportunity Commission on Wednesday filed a motion in Missouri federal court to dismiss its subpoena enforcement action against Nike, seven months after asking the court to order the company to fully comply with the…
2026-08-12 · 3 MIN READStockholm-based artificial-intelligence startup Lovable raised $400 million in a new funding round that values the company at $13.3 billion, more than double the $6.6 billion mark it reached in December, the company and its investors said.…
2026-08-12 · 4 MIN READMarni von Wilpert, a San Diego city council member and former National Labor Relations Board attorney who helped draft the Protecting the Right to Organize Act, is running for a newly redrawn U.S. House district in San Diego. She faces Jim…
2026-08-12 · 3 MIN READThe NFIB small-business optimism index rose to 99.8 in July, its highest reading since August 2025, the National Federation of Independent Business reported Tuesday. The result exceeded the 97 level economists had forecast in a Wall Street…
2026-08-11 · 3 MIN READAbout 22,000 workers at HCA Healthcare facilities are in contract negotiations with the company, seeking a pathway to a $25 an hour minimum wage and improved staffing, with picket protests planned at more than a dozen hospitals in four…
2026-08-11 · 3 MIN READThe US economy lost 23,000 jobs in July, official figures showed, with employment declining during the summer in local government education and retail. Analysts had predicted an increase in hiring, but the number of roles fell over the…
2026-08-07 · 3 MIN READAlan Milburn, a former UK cabinet minister, has taken a delegation of officials, charity leaders, industry bosses and South Yorkshire mayor Oliver Coppard to Dublin to study how Ireland cut its youth Neet rate, The Guardian reported.…
2026-08-07 · 4 MIN READVideoAmp laid off approximately 20% of its staff this week as the ad measurement platform responds to the rise of artificial intelligence, a company spokeswoman confirmed to The Wall Street Journal Leadership Institute. Between 50 and 60…
2026-08-07 · 3 MIN READDiageo's David Lewis, the executive who earned the nickname 'Drastic Dave' for decisive turnarounds, has unveiled a plan to save $1 billion over the next few years through a restructuring that includes job cuts. Lewis declined to reveal…
2026-08-07 · 3 MIN READOpenAI and subsidiary Statsig will pay $3.2 million to settle US Justice Department claims that they favored foreign workers with temporary employment visas and discriminated against American job applicants in recruiting and hiring, the…
2026-08-05 · 3 MIN READLucid Group on Tuesday reported a second-quarter loss of $1.26 billion, or $3.30 a share, wider than the loss of $855.3 million, or $2.80 a share, a year earlier, driven partly by charges tied to recent job cuts. Revenue rose to $405.4…
2026-08-04 · 4 MIN READU.S. employers posted 7.36 million job openings in June, down from 7.54 million in May, the Labor Department said Tuesday. The count was in line with economist expectations and arrived as the labor market absorbed an economic shock from…
2026-08-04 · 3 MIN READNew Jersey Attorney General Jennifer Davenport filed a federal lawsuit Tuesday accusing Amazon of illegally suppressing wages and working conditions for thousands of delivery drivers through its Delivery Service Partner program.
2026-08-04 · 3 MIN READOnly 7.92 million babies were born in China in 2025, an extraordinarily low figure for a country of about 1.4 billion people, according to a report by Asia Today translated by United Press International. The number of births was only…
2026-08-02 · 3 MIN READCalifornia Governor Gavin Newsom has expressed concerns to people close to the state's antitrust lawsuit seeking to block Paramount's acquisition of Warner Bros. Discovery, saying the action would harm employment in Hollywood if successful.
2026-07-31 · 3 MIN READThe U.S. economy grew at an annual rate of 1.5% in the second quarter, a slowdown from the first quarter that fell short of economist expectations, as lower government spending, investment and exports offset a rebound in consumer spending,…
2026-07-30 · 3 MIN READ
