Personnel
How Trump’s tariffs, and forced labor, led China to new record trillion-dollar trade surplus: Supply chain data
Labors work at a factory’s workshop in Huaying, Sichuan province of China. Getty Images China’s recent record $1.1 trillion trade surplus showed that despite President Donald Trump’s efforts to use tariff policy to slow China’s manufacturing export strength, the geopolitical and economic rival has not only found global workarounds, but thrived. Trade and supply chain […]
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How CEOs bringing AI agents to work are preparing customers and employees
Shinsei Motions | Istock | Getty Images Companies are investing heavily in AI-powered agents, pointing towards a future where customers’ first lines of communication when seeking an answer or wanting to buy something may be a chatbot. In October, Walmart announced a deal with OpenAI that will enable shoppers to both find and buy items […]
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Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week
A Home Depot logo is displayed at one of their stores on November 8, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office five days per week. In […]
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Here are the five key takeaways from Wednesday’s Fed rate decision
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and […]
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The government is barreling toward a partial shutdown over DHS funding. Here’s what to expect
A view of the snow covered streets as heavy snowfall blanketed Washington, D.C. on Jan. 26, 2026. Celal Gunes | Anadolu | Getty Images The U.S. government is on the brink of a partial shutdown beginning at 12:01 a.m. Saturday in large part because of a second recent killing of a U.S. citizen by federal […]
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UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO […]
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Nike to cut 775 employees as it accelerates ‘automation’ at U.S. distribution centers
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, California, US, on Wednesday, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of “automation,” CNBC has learned. The layoffs, which […]
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Therapists say they see more workers anxious about AI: It’s ‘a fear of becoming obsolete’
Fiordaliso | Moment | Getty Images Over the last few years, Emma Kobil, a trauma counselor in Denver, started noticing a new topic coming up with her patients: artificial intelligence. “I’ve had clients lose their jobs due to AI, and it’s something we’ve processed in our sessions,” Kobil said. Often, they express “shock, disbelief and […]
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When the ultra rich hire family for their private investment firms, what to pay them can be tricky
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs into the fold. In a tough […]
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Nvidia’s Huang says AI boom will create ‘six-figure salaries’ for those building chip factories
Female Engineer Inspecting Control Panel and Taking Notes for Safety and Maintenance at Power Station Serts | E+ | Getty Images Nvidia CEO Jensen Huang has said the AI boom will create “six-figure salaries” for those building the factories supporting it — becoming the latest leader to recommend skilled trades as AI hits office jobs. […]
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