Browsing: inflation
While many Americans shudder at the prospect of AI taking their jobs, business leaders and tech enthusiasts continue praising its…
For the better part of two years, a powerful consensus has taken hold: Artificial intelligence is the great disinflationary force…
The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with just 4.8 million hires,…
The stock market ripped Monday morning after the White House signaled it may no longer be America’s job to reopen…
The U.S. military conflict with Iran is quietly draining the American labor market, with Goldman Sachs estimating that the oil…
Iran’s supreme leader is dead. Much of its military infrastructure is destroyed. Its allies are alienated. But the war against…
Goldman Sachs is sounding a cautious note on the U.S. economy, raising its inflation forecast and trimming its growth outlook…
Bank of America’s spending data tells a rare good-news story about Gen Z — until it doesn’t. After years of…
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing to inflation, pushing back on the…
new video loaded: The Unexpected Impacts of High Oil PricesOur chief economics correspondent, Ben Casselman, breaks down how gasoline prices…