McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the company reintroduced its Extra Value Meals to draw budget-conscious customers.
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Salesforce cuts 4,000 jobs due to AI, CEO says
Salesforce CEO Marc Benioff said AI automation helped the software company cut its customer support headcount from 9,000 to 5,000 human workers.
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Nearly 600 economists back Lisa Cook and Fed independence in open letter
Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of economists voice support.
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How NYC Dem socialist mayoral candidate's $30 minimum wage plan could lead to job losses
New York City mayoral candidate Zohran Mamdani's $30 minimum wage plan could lead to employers replacing lower-skilled workers with automated tools like self-serve kiosks.
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