Personnel

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Business

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Layoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by strings. Mathisworks | Digitalvision Vectors | Getty Images While Elon Musk has ended his government cost-cutting initiative that resulted in thousands of federal job cuts, mass layoffs are still roiling corporate America. Companies are under […]

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Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Business

Procter & Gamble to cut 7,000 jobs as part of broader restructuring

Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March 11, 2025. Kevin Carter | Getty Images Procter & Gamble will cut 7,000 jobs, or roughly 15% of its nonmanufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant […]

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Treasury yields steady after sharp Wednesday declines on weak data
World

Treasury yields steady after sharp Wednesday declines on weak data

U.S. Treasury yields stabilized on Thursday after sharp declines notched Wednesday on the back of a slate of disappointing U.S. data. The 2-year yield rose less than 1 basis point to 3.885% at 3:26 a.m. EST, with the 10-year Treasury yield also up by less than 1 basis point at 4.371%. The 30-year long bond yield held steady […]

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CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle
World

CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle

Shoppers carry bags on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in […]

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CNBC Daily Open: The observed slowdown of the U.S. economy depends on your vantage point
World

CNBC Daily Open: The observed slowdown of the U.S. economy depends on your vantage point

Shoppers carrying bags in the Soho neighborhood of New York, US, on Wednesday, March 26, 2025. Yuki Iwamura/Bloomberg via Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in May rose by […]

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Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Politics

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters President Donald Trump on Wednesday angrily urged Federal Reserve Chairman Jerome Powell to cut interest rates, minutes after […]

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Why everyone is selling Dubai chocolate bars
World

Why everyone is selling Dubai chocolate bars

As a new chocolate trend takes over the globe, U.S. companies like Shake Shack and Crumbl have worked quickly to capitalize on its continuing popularity with limited edition spinoffs, while other chocolate manufacturers have created dozens of dupes sold at Target, Costco, Amazon and now Trader Joe’s.   The idea for “Dubai chocolate” was first […]

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How Nashville transformed from Music City into a booming business hub
Travel

How Nashville transformed from Music City into a booming business hub

Nashville, Tennessee, has transformed from its reputation as “Music City” into a major U.S. metro thanks to rapid population growth, job opportunities in key industries like healthcare and tech and a good quality of life.   It’s now become one of the fastest-growing U.S. cities, boasting a diverse community and a competitive economy.  “It’s not […]

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Nvidia CEO: If I were a student today, here’s how I’d use AI to do my job better—it ‘doesn’t matter’ the profession
World

Nvidia CEO: If I were a student today, here’s how I’d use AI to do my job better—it ‘doesn’t matter’ the profession

If Nvidia CEO Jensen Huang were a student again, he’d take advantage of generative AI to have a successful career. “The first thing I would do is to learn AI,” Huang said in a January episode of the “Huge Conversations” show with Cleo Abram, mentioning tools like ChatGPT, Gemini Pro and Grok.  “Learning how to […]

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Why the wealthy can’t find enough people to manage their money
World

Why the wealthy can’t find enough people to manage their money

Family offices are set to grow at a rapid pace as the ultra-rich look for personalized services to handle their wealth. But they are struggling to find money managers.   As of last September, there were 8,030 family offices globally managing $3.1 trillion in assets, according to Deloitte’s recent statistics. By 2030, the number of […]

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