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Peloton to cut 500 jobs as turnaround efforts continue

FILE – This Nov. 19, 2019 photo shows a Peloton logo on the company’s stationary bicycle in San Francisco, Calif.…

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Business

Layoffs loom on the horizon, some economists say

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on…

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Business

US hiring slowed in August as employers add 315,000 jobs

WASHINGTON — America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish…

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Business

4.2 million people quit in June despite recession worries: ‘A paradox in our economy’

A cooldown in the job market is underway: The number of job openings dropped in June while near-record numbers of…

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Business

From child care to COVID, rising job market faces obstacles

WASHINGTON — A surge in hiring in the United States last month — 916,000 added jobs, the most since August…

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