Peak Automation Will See Massive Jobs Hit Goldman Sachs is now projecting that automation will take as many as 25,000 jobs per month away from truck drivers, as self-driving vehicles will replace human workers.
Another Retailer Faces Closures rue21 is set to close approximately 400 of its 1,179 stores as it files for Chapter 11 Bankruptcy. The retail clothing store joins a growing list of formerly successful brick-and-mortar retail stores that have fallen on hard times.
Meeting among EU Leaders Has Trump Going Back on Brexit President Donald Trump is said to have expressed concern that Brexit may cost American jobs during a meeting with European Union leaders.
Another City Edges Closer to Defaulting Hartford becomes the latest U.S. city to face bankruptcy, as municipal defaulting is becoming more common.
More Sears Stores to Close Sears announced at the start of the year that it would be closing 150 underperforming stores, but the gutting didn’t stop there, with 30 more quietly added to the list.
Budget Proposal Shows Large Reductions in Aid Programs The Rust Belt and the less-educated to suffer as a result of government cutbacks to Social Security and Supplemental Nutrition Assistance Program (SNAP), according to a study conducted for The Atlantic.
Uniquely American Brand Turns to Outsourcing Harley-Davidson Inc (NYSE:HOG), the motorcycle manufacturer known as an international American icon, has begun shifting its building focus to the East, opening up new factories in Asia in order to get around tariff barriers.