Labor economy

Business

Walmart to hire 40,000 mostly seasonal workers for holidays

NEW YORK — Walmart said it will hire 40,000 U.S. workers for the holidays, a majority of them seasonal workers.…

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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

Biden, Dems see both political, economic wins in rail deal

WASHINGTON — While President Joe Biden was quick to hail Thursday’s strike-averting rail agreement as a win for America, it…

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Business

Mortgage rates hit 6%, first time since 2008 housing crash

WASHINGTON — Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash…

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Business

Tentative labor deal averts threat of nationwide rail strike

WASHINGTON — Rail companies and their workers reached a tentative agreement Thursday to avert a nationwide strike that could have…

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Business

UPS to hire more than 100,000 workers for the holidays

NEW YORK — United Parcel Service said Wednesday it plans to hire more than 100,000 extra workers to help handle…

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Business

India’s main opposition protests rising prices, lack of jobs

NEW DELHI — Thousands of Indians rallied on Sunday under key opposition Congress party leader Rahul Gandhi, who made a…

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Business

Stocks shed early gains, end lower for 3rd straight week

NEW YORK — Stocks gave up an early rally and closed lower Friday, marking their third losing week in a…

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Business

Asian stocks follow Wall St lower after strong US jobs data

BEIJING — Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fueled expectations of further interest rate…

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Business

Consumer confidence, Campbell Soup earns, jobs report

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSUMERS The Conference…

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