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Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum'
Private hiring sharply declined to its slowest pace in more than two years as President Donald Trump's sweeping tariffs have shaken the economy throughout 2025.
Businesses added just 37,000 jobs in May, according to the ADP National Employment Report released on Wednesday, June 4. That was the lowest level since March 2023, falling below April's downwardly revised figure of 60,000.
The disappointing job total missed the Dow Jones forecast of 110,000, CNBC reported.
"After a strong start to the year, hiring is losing momentum," ADP chief economist Dr. Nela Richardson said. "Pay growth, howe…
Airlines May Charge Solo Flyers More, New Study Finds: See How Some Carriers Responded
If you're flying solo (literally), you may be charged more than if you travel in a group, according to a new study.
Solo travelers booking domestic one-way flights were quietly being charged higher fares than groups of two or more, according to a report from Thrifty Traveler first published on Thursday, May 29. The practice affected tickets from American Airlines, Delta Air Lines, and United Airlines.
In some cases, the price difference was significant. For example, Thrifty Traveler found that a one-way United flight from Chicago to Asheville, North Carolina, cost $223 for a singl…
Disney Cutting Hundreds Of Jobs In Latest Wave Of Layoffs: Reports
Hundreds of employees across Disney's television, film, and corporate finance divisions are being laid off as the company continues a sweeping cost-cutting effort, according to reports.
The Walt Disney Company began laying off "several hundred" employees worldwide on Monday, June 2. The layoffs were first reported by Deadline.
Most of the layoffs hit Disney Entertainment, including its film and TV marketing, television publicity, casting, and development divisions. Corporate finance teams were also affected, the report said.
Although no entire teams will be eliminated, the job cuts ar…
