New York (CNN)The number of workers being fired or laid off has hit the lowest point on record, the Labor Department reported Wednesday. The Job Openings and Labor Turnover Survey showed only 1.25 million people lost their job in April, breaking the previous record low of 1.26 million recorded in December. With job openings still near record levels and with […]

Most of the 38-member cast of the upcoming Broadway production of Tom Stoppard’s Olivier Award-winning Leopoldstadt was announced today, with four members of the original West End company making the move and newcomers to the show set to include Caissie Levy, Brandon Uranowitz, Seth Numrich and David Krumholtz. Twenty-three of the cast members announced today will be making their Broadway […]

Leonardo Del Vecchio, the chairman of eyeglass retailer EssilorLuxottica (ESLOF) and one of Italy’s wealthiest business figures, passed away at the age of 87. The company, in a statement, said, “EssilorLuxottica sadly announces today that its chairman has passed away,” adding that the board would meet to “determine the next steps.” Del Vecchio grew up from a childhood in an […]

Pensioner discusses losing thousands in cryptocurrency scam We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The crypto sector hit highs of about $3 trillion in total assets last […]

The stock market is neutral about McDonald’s prospects. Its shares have traded between $217.68 and $271.15 apiece in the past year, and the current price is near $248. The reason the price has not moved toward the top or bottom of the range is that sales are strong. They rose 11% in the last quarter to $5.7 billion. However, the […]

New Delhi (CNN Business)Some of the world’s wealthiest nations are banning the import of Russian gold to further tighten the vise on Russia’s economy. US President Joe Biden announced Sunday that the United States will ban Russian gold, the country’s second most valuable export after energy. Gold exports were worth £12.6 billion ($15.5 billion) to the Russian economy in 2021, […]

What may have been Colin Kaepernick’s last shot at a National Football League job didn’t go very well, according to Hall of Famer Warren Sapp. Speaking to urban news site VladTV, Sapp didn’t hold back when Kaepernick’s May workout with the Las Vegas Raiders came up in conversation. The VladTV host mentioned that there were rumors the workout didn’t go […]

(CNN)Shorter work weeks aimed at boosting worker productivity and happiness are catching on in parts of the world like Iceland and the United Kingdom. But in crisis-hit Sri Lanka the concept is more about coping with crippling food and fuel shortages. The South Asian country, struggling with the shortages amid its worst economic crisis in decades, announced on Tuesday that […]

If you’re an investor (and I hope you are), it’s probably time for a mental check-in. How are you today? How do you feel about everything going on in the world? There are many reasons to be fearful or upset: Stocks are in a “bear market,” including well-known blue-chip companies. Bonds are getting pummeled. Inflation is at a 40-year high. […]