Personnel
UK Exchange: A minimum wage hike — with maximum consequences
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Although her next Budget remains three weeks away, exhausted political commentators are already confident of some measures to be announced by Rachel Reeves, the U.K.’s finance minister. One is a further extension of the freeze in […]
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High school, college students are excited about AI, not dreading jobs impact
The recent wave of white-collar layoffs may have employees and job seekers rattled, but according to New York University Stern School of Business professor Robert Seamans, his current class of MBA students isn’t worried. “I don’t get a huge sense that they’re dreading the job market or that they think there are going to be […]
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Delta calls on Congress to immediately end government shutdown, pay air traffic controllers
A Delta Airlines plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Delta Air Lines called on Congress Thursday to “immediately pass a clean continuing resolution” to reopen the U.S. government and […]
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Shutdown cost government contractors $12 billion so far, Chamber of Commerce report says
The U.S. Capitol building, weeks into the continuing U.S. government shutdown, in Washington on Oct. 27, 2025. Kylie Cooper | Reuters Businesses that contract with the federal government lost $12 billion in the first four weeks of the government shutdown, according to a report from the U.S. Chamber of Commerce released Thursday. The report, which […]
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Paramount to lay off 1,000 employees, with more cuts expected
The logo and lettering of Paramount Skydance Corporation can be seen at a Paramount stand at the Media Days in Munich (Bavaria, Germany). Matthias Balk | Picture Alliance | Getty Images Paramount Skydance is slashing nearly 1,000 jobs beginning on Wednesday, just months after the close of its merger, according to a person close to […]
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GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
The Ultium Cell factory in Warren, Ohio, is shown, July 7, 2023. Gene J. Puskar | AP General Motors laid off roughly 1,700 workers at manufacturing sites in Michigan and Ohio on Wednesday, citing a slowdown in the electric vehicle market. The company confirmed there were around 1,200 layoffs at Detroit’s electric vehicle plant and 550 cuts […]
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The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect
Key Points Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point at its meeting this week. Beyond that, policymakers are likely to debate the future path of reductions, the challenges posed by a lack of economic data and the timetable for ending the […]
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AI is driving huge productivity gains for large companies while small companies get left behind
Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that […]
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Largest federal worker union urges end to government shutdown
The largest union representing federal workers on Monday called for Democrats in Congress to end the ongoing government shutdown by voting for the stopgap funding measure that Republicans have proposed. “It’s time to pass a clean continuing resolution and end this shutdown today,” Everett Kelly, president of the American Federation of Government Employees, wrote. “No […]
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The 5 most common jobs in America’s most populous cities—and how much they pay
There are nearly 4 million health and personal care aides in the U.S. In fact, health and personal care aides were the most common job Americans held as of May 2024, earning an annual median salary of $34,000, according to a CNBC Make It analysis of the latest data available from the U.S. Bureau of […]
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