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Macy’s (NYSE:M) announced plans to hire over 31,500 full-time and part-time employees for the upcoming holiday season, a decrease from ~38,000 workers hired last year and ~41,000 in 2022.
The decision reflects broader trends in the retail sector, where U.S. retailers are expected to recruit fewer seasonal employees due to a softer labor market and cautious consumer spending as shopping season approaches.
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Shares of Nifty heavyweight RIL, which ended last week 1% down, have formed an inverted hammer pattern following a sharp...
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President Joe Biden announced $612 million in recovery aid for areas stricken by hurricanes Milton and Helene as he surveyed...
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