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A third of CEOs plan to axe jobs over the next year—and a majority now say they’ll pass on new tariff costs to their customers

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American CEOs are feeling slightly more confident as they enter the second half of 2025—but not optimistic enough to grow their headcount as they worry about headwinds from President Trump’s tariff plans. The Conference Board released its U.S. CEO Confidence report for the third quarter Thursday, finding that CEOs have stepped back from the peak … Read more

Ford has now issued more recalls than any carmaker ever in a single year—and it’s only July

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Ford is recalling another 694,000 vehicles. The company says a fuel injector problem could cause engine fires. So far this year, Ford has issued 90 recalls, more than any automaker ever has in a full-year period. Just days after Ford recalled more than 850,000 vehicles for engines that could stall while driving, the automaker has … Read more

Insurance giant Progressive is hiring 12,000 workers this year—and it’s using AI to parse through hundreds of thousands of applications

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It’s a tough hiring environment these days. Many businesses have slowed or paused hiring amid economic uncertainty. So, any employer increasing its hiring volume is like a magnet for job-seekers. That’s the case for Progressive. The insurance giant recently announced plans to hire more than 12,000 employees for 2025, up from 10,000 new hires last … Read more

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