Amazon cuts 14,000 corporate jobs
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence…
NBA Commissioner Adam Silver Faces Gambling Probe, WNBA Contract Strife
It’s week 2 of the new NBA season, but a lot of action is taking place off the…
Podcast: Kyla Scanlon Sees Trouble Brewing in the US Economy
Listen and subscribe to Everybody’s Business on Apple, Spotify, iHeart and the Bloomberg Terminal. How is the US…
Wall Street heads for records following an encouraging update on inflation
NEW YORK (AP) — U.S. stocks are heading for records on Friday after an update on inflation came…
US Initial Jobless Claims Rose Last Week, State Data Suggest
Applications for US unemployment benefits rose last week, according to analyses of unadjusted state-level filings released during the…
COLUMN: Job growth slows, but Salem fares better than Portland, Eugene
The economy of the Salem area is a stand-out. Even though job growth has been slowing, the area’s…
Amazon claims the headline isn’t robots taking jobs as it reveals new cost-cutting robots
In one post, Amazon highlighted Blue Jay, a robot it calls “an extra set of hands that helps…
Fed’s Loss of ADP Labor Statistics Adds to Data Vacuum
The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers’…
Bullish Dollar Signals Emerge With Delayed CPI Release Looming
The dollar has kicked off the quarter on a firmer note, and there are signs traders are bracing…
Citi Foundation is putting $25M toward tackling young adults’ unemployment and AI labor disruptions
NEW YORK — NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having…
Citi Foundation putting $25M toward tackling unemployment and AI labor disruptions
NEW YORK — NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having…
Trump immigration policies would slash workforce estimate by 15.7 million and slow GDP growth by a third over the next decade, study says
The U.S. immigration crackdown will cause net job losses in the millions and will lower the annual rate…