Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...
The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). The total of 208,000 initial claims was...
American labor costs rose more than anticipated last quarter, new government data shows. The Employment Cost Index (ECI), a measure of wages and benefits, climbed 1.2%...
In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a...
Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of...
Figure AI, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2...
New Department of Labor data shows a drop in initial applications for unemployment in the United States. Unemployment claims fell by 12,000 to 201,000 for...
Hiring and pay increases in the private sector slowed in January. The private sector added 107,000 jobs during the month, and annual pay increased by...
Technological innovations bring with them vast economic opportunities, but also an equal number of questions. These can include questions around their most effective use, questions...