Jobs & Career News
The lead money manager for Microsoft Corp co-founder Paul Allen is leaving his post this week, marking the latest in a round of high-level departures at the Seattle billionaire's Vulcan Inc organization, which handles his $16 billion fortune.
President Barack Obama will announce an initiative on Wednesday to devote $600 million to address a central challenge of today's economy: How to train workers for skills they need for jobs that are open but hard to fill.
U.S. Health and Human Services Secretary Kathleen Sebelius is resigning after overseeing the botched rollout of President Barack Obama's signature healthcare law, a White House official said on Thursday.
Federal Reserve Chair Janet Yellen said on Monday the U.S. central bank's "extraordinary" commitment to boosting the economy, especially the still struggling labor market, will be needed for some time to come.
A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Federal Reserve as it tries to gauge how tight the jobs market is and how quickly to raise interest rates.
U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather.
U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, suggesting a loss of momentum in the economy, even as the unemployment rate hit a new five-year low of 6.6 percent.
The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal.
Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
Canadian stock index futures pointed to a lower open on Friday following the release of weaker-than-expected U.S. and Canadian employment data.
The U.S. Congress begins what promises to be another highly combative year on Monday with a showdown over a White House-backed bid to renew unemployment benefits for 1.3 million Americans.
The Obama administration said on Friday it would extend the period of time for federal agencies to weigh in on the Keystone XL oil pipeline, giving no new deadline.
Video streaming service Netflix Inc said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing the firms.
Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust.
If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave of lawsuits. But it could stand to gain even more.
New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.
Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc's enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash.
U.S. manufacturing output rose for a second straight month in March in a sign of recovery from a long winter that had put a damper on activity.
New York State said it finalized an agreement with the U.S. government on Monday allowing it to reinvest $8 billion of federal money in its health insurance system for low income people while avoiding potentially painful cuts or additional budget strain.
U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low.
U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday.
As General Electric Co (GE.N) starts spinning off its consumer credit card business, some on Wall Street are hoping that the U.S. industrial conglomerate will eventually slim down its GE Capital finance unit even further.
There are many enterprises out there trying to separate you from your tax refund - from splurges such as airlines tickets for a celebratory vacation or for good purposes, like putting it all in a college savings account.
TIAA-CREF, a retirement services provider to non-profit organizations such as universities and hospitals, said it would acquire asset manager Nuveen Investments for $6.25 billion, seeking to expand its mutual fund and municipal bond offerings.
Wells Fargo & Co, the biggest U.S. mortgage lender, reported a better-than-expected 14 percent rise in first-quarter net profit as it set aside less money to cover bad loans.
Search and rescue officials in Australia are confident they know the approximate position of the black box recorders from missing Malaysia Airlines Flight MH370, Australian Prime Minister Tony Abbott said on Friday.
Younger investors may have drawn the right conclusion about the great financial crisis - that they were scammed - but their defensive reaction will simply add self-inflicted wounds to existing injuries.
A newly discovered bug in widely used Web encryption technology has made data on many of the world's major websites vulnerable to theft by hackers in what experts say is one of the most serious security flaws uncovered in recent years.
The last six weeks have been rough for investors who jumped into 2013's big stock market winners like Netflix and Facebook, only to see their share prices crater.
European banks are still lagging behind the U.S. banking industry, which has almost completely recovered from the global financial crisis, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), told French newspaper Le Figaro.
When Nat Rothschild, the co-founder of troubled miner ARMS, insulted his former investment partner on Twitter last week, he showed the power of social media for business leaders seeking publicity - but also the perils of saying the wrong thing.