The layoffs will affect roughly 8% of Ericsson’s staff of 105,529 worldwide.

In a normal market, prices rise to meet an equilibrium between buyers and sellers. That’s called capitalism. You can try to ban it, but should we? 

Kuo said in a blog post on Friday that Apple plans to release “low-end” and “high-end” second-generation virtual reality/mixed reality headsets in 2025.

The U.K.’s Finance Minister said Friday that the U.S. Inflation Reduction Act is U.S. President Joe Biden’s attempt to play “catch-up” on clean energy investments.

CNBC Select compared multiple auto loan providers based on credit requirements, borrower experience and repayment terms to find the best car loans for bad credit.

The three-day in-person work week has forced restaurants and bars to get creative about pulling in customers on Mondays and Fridays.

The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis, according to Dow Jones.

As debt becomes more expensive, borrowers may be at increased risk for delinquencies. Here’s what to do before you get overwhelmed by your debts.

In a CNBC interview, Mester said she sees the central bank’s benchmark interest rate having to rise above 5% and stay there for a while.

Lanny Smith launched Actively Black in the wake of George Floyd’s 2020 murder, when he felt big companies’ statements on racism and social justice rang hollow.