News

Fed official calls July jobs report 'concerning' as economy hits potential turning point

Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at ...

Why jobs revisions that led Trump to fire statistics head were so huge

The jobs report revisions that prompted Trump to fire the BLS commissioner were historically large. Here's why (Hint: it wasn ...

Trump fires labor official over weak jobs number, orders criminal probes of past opponents

Trump fires Bureau of Labor Statistics commissioner Erika McEntarfer after disappointing July jobs report, claiming the ...

Why does the Labor Department revise jobs reports? Here are 3 reasons

The Bureau of Labor Statistics' jobs report revisions are standard practice to improve data accuracy as more businesses ...

Jobs data revisions are common. Here's how the process works.

The commissioner Trump fired over “rigged” jobs report most likely didn’t have a hand in assembling the report, former BLS ...

Peloton to cut more jobs, forecasts strong 2026 revenue; shares rise

Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost ...

Peloton Projects Sales Decline and Will Cut Jobs in Turnaround Bid

The New York-based fitness technology company generated revenue of $607 million in the quarter ending in June. Though that ...

CUNY students access dream jobs via JPMorgan NYC initiative

Ever wanted to meet and work for the bosses of JPMorgan Chase, Google, or Amazon? Thanks to a non-profit, more than 52,000 ...