The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs.
Read More AI threatens wages, not jobs – so far, ECB paper finds
Tag: RECESSION
Big investors say US markets rally could prove short-lived
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-lived
Fed set to hold rates steady despite US economy’s bullish tone
Fed’s policy rate likely to remain in 5.25%-5.50% range as US economy has defied expectations of a slowdown.
Read More Fed set to hold rates steady despite US economy’s bullish tone
Wavering ‘Magnificent Seven’ draw bargain-hunters amid U.S. stock sell-off
A slide in the shares of massive U.S. technology and growth companies is tempting investors hoping for bargains ahead of results from market bellwether Apple.
Read More Wavering ‘Magnificent Seven’ draw bargain-hunters amid U.S. stock sell-off
Experts warn of a deeper recession in America
A rising number of economists are warning that the U.S. economy may face a broader crisis as a result of the collapse of the Silicon Valley Bank.
Read More Experts warn of a deeper recession in America
Dems Talk ‘Biden Boom’ Despite Recession
with Rep. Cory Mills
Read More Dems Talk ‘Biden Boom’ Despite Recession