Ajay Rajadhyaksha, global chairman of research at Barclays, joins WSJ’s Take On the Week podcast to explore the relationship between artificial intelligence and the economy. Rajadhyaksha doesn’t see ...
The US economy added 64,000 jobs in November and lost 105,000 jobs in October, while the November unemployment rate rose to 4.6%. The data represents ongoing weakening in the labor market. Further ...
Earlier this month, speaking on Fox News' Sunday Morning Futures, Dimon pushed back on fears of an immediate labor market collapse due to AI, while acknowledging that job losses are inevitable. He ...
LONDON/NEW YORK, Dec 9 : The U.S. dollar rose on Tuesday ahead of an expected rate cut from the Federal Reserve on Wednesday, while the Australian dollar was firmer after its central bank ruled out ...
SINGAPORE: The share of resident workers who changed jobs in the past year fell to 6.2 per cent, down from 7.6 per cent in 2024, according to latest labour force data released on Friday (Nov 28). This ...
(L-R) Harrison Query and Jeremy Saulnier (inset); Joel Edgerton Chelsea Fisher / Juan Veloz / Michael Buckner EXCLUSIVE: In a bidding war, Netflix has nabbed Trigger Point starring Joel Edgerton ...
Many Americans are unintentionally leaving pieces of their retirement savings behind when they change jobs. Small 401k balances belonging to former employees are increasingly being shifted into “safe ...
Many have feared an impending AI "jobs apocalypse." Gartner says the future of AI and jobs will be more nuanced. For now, the company urges business owners to stay adaptable. In remarks published ...
U.S. nonfarm payrolls likely shrunk by 50,000 roles in October, economists at Goldman Sachs said. The calculation incorporates the bank's job-growth tracker, which slowed to 50,000 new jobs in October ...
Generative artificial intelligence tools and AI agents will trigger a $58 billion shakeup in the software market, opening the door for new competitors to enter as customers will be less locked in by ...
Speaking on CNBC's Fast Money this week, Zervos warned that the Fed's traditional focus on inflation could blind it to the risks AI poses to employment. "We could actually have a pretty strong growth ...
The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee (FOMC) — ...