For years, many Americans followed a simple career path: Land an entry-level job. Accept a modest wage. Gain skills. Leave eventually for a better-paying job.
The average bonus paid to securities industry employees in New York City grew 15 percent last year to more than $164,000, the largest average Wall Street bonus since the 2008 financial crisis and the third highest on record.
President Barack Obama will direct the Labor Department to strengthen overtime pay protections for millions of workers, a White House official said.
The agency that oversees public transportation in Chicago is suing American Airlines for falsely claiming to buy "vast amounts of jet fuel" from a small office in a rural community to avoid paying tens of millions of dollars in taxes.
U.S. employers advertised slightly more jobs in January than in December, a sign that hiring should remain steady in coming months.
Global growth is likely to remain sluggish as a slowdown in the developing world undercuts gains in Europe and the United States, a leading international economic body warned Tuesday.
U.S. wholesale businesses in January suffered their steepest sales drop in nearly five years, yet they continued to increase their stockpiles. This suggests that companies expect the economy to rebound after experiencing an abrupt winter slowdown.
It's time to suit up: Men's Wearhouse is buying Jos. A. Bank for $1.8 billion.
EBay Inc. CEO John J. Donahoe's total compensation for 2013 plunged 53 percent compared with 2012, when the e-commerce company gave its leader more than $23 million in stock awards.