The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday. “My concerns about ...

The job cuts are likely unrelated to Amazon's plans to shut down Try Before You Buy, previously known as Prime Wardrobe. This service lets consumers order clothing, try it on, and either send it ...

In brief: Microsoft is implementing new job cuts across its business, impacting employees across gaming, experience & devices, sales, and security divisions. The news arrives just a week after ...

LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

Scott Bessent said extending Donald Trump’s tax cuts beyond their expiry at the end of the year was the ‘most important economic issue of the day’ © Kevin ...

Pressure is growing to announce radical spending cuts to calm financial markets. The prospect of an emergency spring Budget is mounting. Soaring government borrowing costs have driven up the ...

Microsoft is set to lay off a number of its employees across multiple departments in the weeks ahead, claiming that the cuts are meant to weed out low performers as it ventures deeper into the new ...

Boston.com is putting together a best pizza bracket, and we need readers’ help in figuring out what makes the initial cut. It can be round or square; served by the slice or as a pie; it can be ...

We ought to be able to unleash growth through tax cuts ... and we ought to be able to bend the spending curve. — House Budget Committee Chair Jodey Arrington (R-Texas) The primary near-term goal ...

The Bank of England may need to cut interest rates as many as five or six times over the coming year because of the stalling economy, a UK policymaker has warned, as he urged the central bank to t ...

Ukraine's national grid operator Ukrenergo announced emergency power cuts in several regions following what it described as a "massive" Russian airstrike on its installations. The regions of ...