In the U.S., job losses were up 274% from last year, while hiring plans remain “historically low,” according to Challenger, ...

Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study. US employers ...

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.

Outside government, there were large increases in planned layoffs in the technology and retail sectors. Hiring plans dropped to 13,198 from 34,580 in February. Companies intended to hire 53,867 ...

Tech and federal job cuts led May layoffs, driven by economic pressure and AI shifts, even as the demand for AI skills continues to grow.

US companies could immediately deduct the full cost of their research and development activities, from engineering salaries to software development and contractor ...

Consumers brace for impact as retail giants ... The Walmart employees have been sharing images on Reddit that depict a sharp rise in prices, with some items seeing a surge of up to 45%.