Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from ...

• The US economy lost 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics reported Tuesday. The unemployment rate rose to a four-year high of 4.6% last month. • ...

Job cuts are rising across the United States at a pace not seen since the depths of the pandemic, and this time they are unfolding under President Donald Trump's return to the White House. The surge ...

CBS News reports how mass layoffs at companies such as Amazon, UPS and Target might possibly signal a weakening labor market in the United States. A separate report has shed light on this at a state ...