UPS materially boosted its total dividend payment by almost 50% in 2022 (to more than $5 billion annually). While we think the increase was somewhat ambitious, outside of major economic disruption, ...

The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...

U.S. stock futures point to a lower open after rising Tuesday on hopes trade deals are getting done and Trump's tariff plan ...

The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first quarter.

Federal Reserve policymakers won't take much signal from a decline in first-quarter U.S. GDP, but by June clearer signs of a ...

A new GDP report is expected to offer a first look at how tariffs are reshaping spending patterns and changing the economy.

A UPS spokesperson said the layoffs are due to shedding 50% of shipping volume from Amazon.com, its largest customer, as well ...

UPS aims to cut costs and improve profitability after announcing a plan in January to slash the number of low-margin Amazon parcels it delivers by more than half over 18 months. The package handler ...

UPS on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon ...

UPS aims to cut expenses and improve profitability after announcing a plan in January to slash the number of low-margin ...

The restructuring effort is part of a larger strategy to streamline operations and shift focus toward more profitable ...

(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it ...