Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
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The Fed's path to a 'Goldilocks' economy just got a little more complicated
As far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.
Job cuts rise in November, causing employees to shift focus to 'career cushioning'
As layoffs increase, nervous employees are focused on their next move. Experts advise company leaders present a positive message to keep employees engaged.
Amazon media chief Jeff Blackburn retires from the company for the second time
Longtime Amazon employee Jeff Blackburn is retiring for the second time from the online retail and cloud computing giant.
Carnival’s Princess Cruises will return to Japan in March 2023 after nearly three-year hiatus
Princess Cruises will launch trips from Tokyo starting next year, after Japan lifted its ban on international cruises.
European Union officials set Russian oil price cap at $60 a barrel
The European Union on Friday agreed to cap Russian oil prices at $60 a barrel, after several days of intense negotiations over an appropriate level.
Astra chief engineer resigns, CEO shakes up management 'to execute faster'
Beleaguered rocket-builder Astra is losing highly touted chief engineer Benjamin Lyon, the company announced Friday.
35% of millionaires say it's 'going to take a miracle' to be ready for retirement, report finds
Fewer Americans, including millionaires, feel confident about their financial standing.
Elon Musk suspends Ye's Twitter account after swastika post
Ye, formerly known as Kanye West, appeared to post an image of a swastika, a symbol synonymous with the Nazis, inside a Star of David.
Alex Jones files for bankruptcy protection, lists Sandy Hook families as creditors
The bankruptcy filing by Alex Jones comes weeks after he was ordered to pay more than $1 billion to the family of Sandy Hook massacre victims.
Appeals court vacates order appointing Trump Mar-a-Lago search warrant watchdog
Donald Trump is under criminal investigation by the Department of Justice for his removal of documents from the White House to his Mar-a-Lago residence.
Tech layoffs send visa holders on frantic search for employment to avoid deportation
The spike in tech layoffs is creating a particularly stressful holiday season for employees on work visa programs who have a short window to find a new job.
Fauci says China has done a bad job of vaccinating the elderly and their shots are not very effective against Covid
Rare protests broke out across China over the weekend against Covid lockdowns and strict quarantine procedures.
Senate approves bill enforcing railroad labor agreement before strike deadline, sends to Biden
The Senate passed legislation that would force a tentative rail labor agreement and thwart a national strike.
FDA pulls Covid antibody treatment because it's not effective against dominant omicron variants
The FDA said bebtelovimab is no longer authorized for use because it is not expected to neutralize the omicron BQ.1 and BQ.1.1 subvariants.
Ye's deal to buy conservative social media app Parler is called off
Conservative social media company Parler said Thursday its deal to be bought by Ye has been terminated.
Supreme Court takes Biden student debt relief case, holds program for now
The Biden administration wants to forgive billions of dollars in student loan debt. The Supreme Court could have the final word on the plan's legality.
FCC authorizes SpaceX to begin deploying up to 7,500 next-generation Starlink satellites
The FCC issued a key authorization to Elon Musk's SpaceX, granting approval to launch up to 7,500 of its next-generation Starlink internet satellites.
Biden, Macron reaffirm their partnership, support for Ukraine at joint White House press conference
The two leaders spoke to reporters in a joint press conference at the White House after meeting for more than two hours.
U.S. sanctions 3 people following string of North Korean missile launches
The Biden administration sanctions follow renewed North Korean ballistic missile tests.
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