UPS said in a regulatory filing that it has cut about 34,000 positions and closed daily operations at 93 leased and owned buildings during the first nine months of this year as part of its turnaround plan. The company said it is looking to identify additional buildings to close.

Better reports a government shutdown has caused a data blackout, hindering economic predictions and creating mortgage rate volatility for borrowers.

Amazon cuts thousands of jobs due to over hiring during the pandemic. Lululemon teams up with the NFL in their first apparel collaboration, and Airbnb enforcing a no-party policy in time for Halloween.

City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.

U.S. consumer confidence eased in October as households worried about the availability of jobs over the next six months and persistently higher prices because of tariffs on imports.

Quonset Business Park is now home to 15,000 jobs, and state leaders celebrated that milestone Monday at a company called Hayward. Owen Surette was named the honorary 15,000th worker. "I'm very excited. I'm very honored," Surette said.

The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.Start the day smarter. Get all the news you need in your inbox each morning.