New York Sues Capital One Over Savings Account Practices
Capital One Faces Lawsuit for Deceptive Practices in Savings Accounts Capital One (COF.N) was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of defrauding…
Stocks Slide As Jobs Data Hits Rate Cut Hopes
Markets End The Week Lower Stock markets fell sharply on Friday after a stronger-than-expected U.S. jobs report raised fresh doubts about whether the Federal Reserve will cut interest rates anytime soon. The sell-off pushed major U.S. indexes into the red…
Remote Work Hits Young Graduates
New Research Links Remote Work To Joblessness Remote work, once viewed mainly as a pandemic-era benefit, may be hurting the employment prospects of young college graduates, according to new research…
GM Cuts IT Jobs As AI Reshapes Workforce
Layoffs Hit Technology Teams General Motors laid off about 500 to 600 employees on Monday, largely affecting information technology roles in Austin, Texas, and Warren, Michigan. The cuts come as…