News

Tower Health eliminates 50 jobs across 3 hospitals [Updated] Pottstown Hospital nurses, 8 months without a contract, plan informational picket Wednesday Pottstown Hospital is owned by Tower Health.
Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in ...
The Department of Veterans Affairs says it’s on track to cut nearly 30,000 positions by the end of the fiscal year — a significantly smaller workforce cut than the department’s previous estimates. VA ...
The contraction of Seattle-area tech resembles prior industry meltdowns, when job losses signaled deep disruptions in the regional economy.
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
Microsoft will cut nearly 4 percent of its staff, the latest move to curb costs despite massive AI infrastructure investments, following earlier layoffs in May. Microsoft is facing shrinking cloud ...
Kevin Gordon, senior investment strategist at Charles Schwab, said the jobs report will wash out expectations of an interest-rate cut this month—something that can be seen in CME Group data.
Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.
The price of Bitcoin wavered after a hotter-than-expected jobs report pointed to a resilient U.S. labor market, squashing rate cut hopes.
Paul Bolin, Northern Light Health's executive vice president, says their health care system lost more than $150 million last year.