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The Commerce Department's second estimate of fourth quarter GDP showed the economy grew 2.3% at the end of last year, in line with expectations and the prior estimate.

Elon Musk's Department of Government Efficiency is scaling back the federal workforce through buyouts and layoffs, which could strain the U.S. labor market.

A growing number of restaurant chains have fallen on hard times. A bankruptcy attorney expects this trend to continue, saying companies are saddled with debt.

Elon Musk and the Department of Government Efficiency (DOGE) recently sought information from federal government employees regarding what work they completed in the past week. Experts weighed in.

Hooters is looking at possibly filing for bankruptcy as a means of restructuring the restaurant chain and tackling its debt, Bloomberg reported Friday, citing unnamed sources.

MikeroweWORKS Foundation CEO Mike Rowe explains the impact of overreliance of credentials on skilled trade workers.

President Donald Trump's new Federal Trade Commission Chairman Andrew Ferguson outlined the new administration's plans for antitrust enforcement and regulation.

Chipotle Mexican Grill is seeking to hire more workers ahead of “Burrito Season" – and it is embracing artificial intelligence (AI) tools to help during the process.

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.

This year only has just over one-and-a-half months in the books so far, but multiple companies have already announced layoffs, including Blue Origin, JPMorgan Chase and Estee Lauder.

Southwest Airlines cut hundreds of corporate roles, including senior leadership and director positions, as it works to trim its overhead and become a leaner company.

The head of the FDA's food division, Jim Jones, resigned on Monday following layoffs within the division that he argues were "indiscriminate."

Blue Origin plans to trim its headcount by roughly 10%, according to a company-wide email sent by CEO Dave Limp that was obtained by FOX Business.

Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying it will impact 15%–20% of workers.