Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes

Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.

Here's how much workers are demanding to start a new job

The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.

CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

NASCAR Chicago Street Race rakes in millions

Chicago's inaugural NASCAR Street Race brought thousands of people to the city, filling up hotels and kick-starting a flourishing weekend for the area's economy.

US inflation believed to have slowed in June in sign of easing price pressures

Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.

Recession expected by end of 2023: Fannie Mae

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.

Debt ceiling deal includes new work requirements for SNAP: How they work

The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.