News Associated PressWASHINGTON - The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week, the government reported Thursday. Roughly 22 million have sought jobless benefits in the past month — easily...
From flip-flopping tariffs to federal layoffs among critical programs, here are the biggest reversals of Trump’s second term so far. Cecelia Smith-SchoenwalderMay 1, 2025 Trump’s Executive Orders On Trial Several of Trump's executive orders are facing legal challe...
From flip-flopping tariffs to federal layoffs among critical programs, here are the biggest reversals of Trump’s second term so far. Cecelia Smith-SchoenwalderMay 1, 2025 Trump’s Biggest U-Turns Several of Trump's executive orders are facing legal challenges. Here’s where things stand now...
Trump is also calling for widespread layoffs of federal workers, which could cause hundreds of thousands of job losses and potentially lift the unemployment rate. Randy Carr, CEO of World Emblem, says the tariffs, if imposed, will force him to raise...
In his remarks to the Economic Club of New York, the Fed chair also highlighted the uneven nature of the layoffs in this pandemic. Job losses among the highest-earning one-quarter of Americans have been just 4%, while job losses among the poorest one-quarter have been “a staggering 17%...
Chinese telecommunications giant Huawei is planning to lay off hundreds of employees in the U.S., the Wall Street Journal reported Sunday. The layoffs are reportedly expected to hit Huawei’s U.S. development subsidiary Futurewei. {mosads}The subsidiary
WASHINGTON (AP) – The number of laid-off workers applying for unemployment aid fell below 1 million last week for the first time since the viral pandemic intensified five months ago, yet still remains at a high level. The latest figures show that the pandemic keeps forcing layoffs just as ...
In this recent round of layoffs, approximately 200 positions are being eliminated across its ABC and entertainment television networks. The majority of the layoffs will impact ABC News, particularly in its New York operations. Several production units, including ABC News Studios, 20/20, and Night...
Amid President Trump's trade war, consumers could start to see some empty shelves by late May, and layoffs could occur for retailers and logistics industries. There there was nobody like John Havlicek, then or now Havlicek’s name was back in the news since Payton Pritchard picked up the ...
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims fell by 5,000 to 166,000 for the week ending April 2, the Labor Department reported Thursday. The previous week’s number was revised down a whopping 31...