Condé Nast infuriated the NewsGuild of New York last week by firing four employees after they bombarded the company’s HR chief outside his C-suite office to "demand answers" on recent layoffs.
Verizon plans layoffs of up to 15,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.
Saks Off 5th will close nine stores across the U.S. starting in January 2026, affecting locations in Texas, Illinois, New Jersey and more states.
Treasury Secretary Scott Bessent says actions to lower prices on imported foods like coffee and bananas are coming soon, promising relief for American consumers.
Traders bet on New York City Mayor-elect Zohran Mamdani's deportation odds on Kalshi and Polymarket. Current chances are low, with a total of over $15,000 wagered.
The government shutdown delayed the October CPI inflation report indefinitely, as alternate gauges like the Cleveland Fed's inflation nowcast estimated 2.96% annual inflation.
Starbucks strike hits Red Cup Day as over 1,000 baristas walk out at 65 stores nationwide. Union workers are protesting stalled contract talks.
