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Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in

Fri Feb 27 2:53 pm

Economists question whether such moves signal a broader shift in the labor market or simply reflect company-specific adjustments.
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Core wholesale prices rose 0.8% in January, much more than expected

Fri Feb 27 9:29 am

The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December.
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Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure

Thu Feb 26 2:45 am

The Supreme Court decision to strike down Trump's tariffs has thrown fresh confusion over the raft of trade deals negotiated with global partners, stalling trade talks.
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Top earners are more afraid for their employment than lower income as AI threat increases

Wed Feb 25 1:58 pm

The prospect of being replaced by artificial intelligence is helping to scare higher-income workers.
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China’s leverage rises before high-stakes summit as Supreme Court curbs Trump tariffs

Wed Feb 25 10:16 pm

Supreme Court's decision to invalidate Trump's tariffs has strengthened China's hand ahead of the leaders summit in April, at a time when Beijing seeks U.S. concessions on Taiwan.
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Five key takeaways from the Supreme Court's landmark decision against Trump's tariffs

Mon Feb 23 10:53 am

What's far less certain is the longer-reaching impacts as the economy and markets again adjust to a changing landscape.
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With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates

Fri Feb 20 2:23 pm

President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%

Fri Feb 20 11:05 am

The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
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Life after the 'great resignation': Incentives are dimming for workers to change jobs

Thu Feb 19 4:50 pm

The disparity between average annual pay increases for those staying in their jobs and for those leaving has all but collapsed.
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U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump's tariffs

Fri Feb 20 10:39 am

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.
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Hassett says authors of New York Fed tariff study should be disciplined: 'Worst paper I've ever seen'

Wed Feb 18 2:16 pm

The NEC director ripped the report, saying that central bank researchers ignored key aspects of how the duties worked
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The 'boomcession': Why Americans feel left behind by a growing economy

Wed Feb 18 8:56 am

A combination of the words "boom" and "recession" can help explain why Americans feel so sour about a growing economy.
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