Economy

Economy added 130,000 jobs in January: The key facts and figures

The economy added 130,000 jobs in January, and the unemployment rate ticked down a tenth of a percentage point to 4.3%, the Bureau of Labor Statistics said Wednesday in a report that was delayed by the brief government shutdown last week.

Heineken to slash up to 6,000 jobs in AI 'productivity savings' amid slump in beer sales

Heineken's CEO told CNBC that AI will play an "important part of ongoing productivity savings" after the brewer said it plans to cut up to 7% of its workforce.

‘I am never off the clock’: inside the booming world of gen Z side hustles

More young Americans are taking on side gigs to explore their passions and make extra cash while navigating an unstable job market

Kraft Heinz pauses work to split the company as new CEO says 'challenges are fixable'

Kraft Heinz CEO Steve Cahillane said many of the company's issues are "fixable."

Tariff bills across U.S. states mount as affordability and Trump head for midterm elections showdown

New data shows that states where key midterm elections races will take place paid over $134 billion in tariffs during 2025 as affordability issues mounted.

After EU stalls trade deal, it’s time for the US to get tough

In the wake of recent tensions with Europe over U.S. security concerns in Greenland, the European Union suspended its approval of a free trade framework with the United States. Washington should take note and respond with strength.

Deregulate to make child care affordable again

Rising prices for many key services helped deliver the White House for President Donald Trump in 2024, and the Trump administration recently touted falling rents and gas prices as part of its affordability agenda. But child care costs, on the other hand, continue to rise.

Bitcoin bounce fades as it hovers around $66,000

Market watchers said bitcoin is showing signs that its historical four-year cycle around halving remains intact.

French software maker Dassault Systèmes plunges 18%, on track for worst day ever

Shares of the software giant plummeted after the company posted its fourth-quarter earnings.

Europe stocks close mixed after investors digested flurry of earnings

European stocks closed mixed on Wednesday as corporate earnings remained in focus.

The big AI job swap: why white-collar workers are ditching their careers

As AI job losses rise in the professional sector, many are switching to more traditional trades. But how do they feel about accepting lower pay – and, in some cases, giving up their vocation?

What the Crypto Crash Reveals About Trump’s Power

The president’s support was never a guarantee of the market’s stability.