Report: Whirlpool to cut 1,000 jobs

GRAND RAPIDS, Mich. (WOOD) — Whirlpool Corp. is expected to cut approximately 1,000 salaried jobs while appliance demand wanes. According to Bloomberg, the first round of layoffs targeted office staff ... Read More

Jobs Report

The Bureau of Labor Statistics said more than 300,000 jobs were added to the U.S. economy in March. The highest number of new jobs in nearly a year. America’s employers delivered another ... Read More

PIMCO Trims 2024 Fed Rate Cut Expectations to 2 After Jobs Report

NEW YORK (Reuters) - U.S. bond giant PIMCO has trimmed its expectations for interest rate cuts by ... despite strong job growth. "While exceptionally strong, the employment report is consistent ... Read More

Jobs Report: Strong Hiring Dims Fed Rate-Cut Hopes; S&P 500 Rises

That builds in 57.5% odds of at least three quarter-point rate cuts. The S&P 500 rose 0.5% after the jobs report in early Friday stock market action. On Thursday, the S&P 500 fell 1.2% ... Read More

Konica Minolta Jumps on Plan to Cut 2,400 Jobs, Boost Profit

Shares of Konica Minolta Inc. jumped to a 10-month high on its plan to slash 2,400 jobs worldwide ... of generative artificial intelligence. The cuts are set to increase profit by ¥20 billion ... Read More

The Bloomberg Recruiter Report: Job Skills Companies Want But Can’t Get

As part of our ranking of 122 top business programs, Bloomberg surveyed 1,320 job recruiters at more than ... These scores comprise the findings in this report. We define "sweet spots" as the ... Read More

PIMCO trims 2024 Fed rate cut expectations to 2 after jobs report

Still, he said, Friday's jobs report put ... between two to three cuts, and I think that today's data moves the needle ever so slightly towards two," he said. Get weekly news and analysis on ... Read More

PIMCO trims 2024 Fed rate cut expectations to 2 after jobs report

U.S. Treasury yields jumped after Friday's jobs data as the market continued to trim back expectations of rate cuts this year. Expectations for a first 25 basis point rate cut in June stood at 51% ... Read More

UPDATE 1-PIMCO trims 2024 Fed rate cut expectations to 2 after jobs report

U.S. Treasury yields jumped after Friday's jobs data as the market continued to trim back expectations of rate cuts this year. Expectations for a first 25 basis point rate cut in June stood at 51% ... Read More