The delivery giant said in its 8-K filing Oct. 28 that it cut about 34,000 operational jobs, including drivers, under a ...

He says UPS shares jumped roughly 8% on the news ahead of the holiday rush, a sign Wall Street rewards leaner operations even ...

Federal Reserve officials noted that these tariffs have pushed inflation higher, making it impossible to cut interest rates .

Here are some companies that have moved to cut jobs recently. General Motors moved to lay off about 1,700 workers across ...

United Parcel Service (NYSE: UPS) shares closed Friday at $96.42, but the real story isn’t the recovery. It’s the stunning collapse in retail investor sentiment following the company’s earnings beat ...

In today's episode, Ed Clissold, Chief US Strategist at Ned Davis Research, pulls back the curtain on what’s really powering the markets as 2025 winds down. Read more here.

Amazon announced a reorganization that will result in the elimination of 14,000 jobs — and said AI is a leading cause.

Normally, economists would verify their suspicions through the weekly jobless claims report, which shows how many people apply for unemployment benefits. They'd also look at a monthly report on total ...

UPS, Amazon, and Target are laying off thousands of workers due to rising operational costs, shifts in consumer spending, and ...

Hundreds of additional employees are reportedly slated for “temporary layoffs.” And GM has recently moved to downsize other ...

Here's what to know about the layoffs at Amazon, UPS, Target and other employers.