The collective decisions we make today will determine how AI affects productivity growth, income inequality, and industrial concentration Economists have a poor track record of predicting the future.
Investing strategies should focus on index funds, cyclical value stocks, and AI beneficiaries, including infrastructure and energy sectors. See more here.
The chief US economist at Jefferies tells Business Insider that he's eyeing two spots in the labor market to signal a red flag for the broader economy.
WASHINGTON, Oct 1 (Reuters) - The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the ...
Have you ever wondered how auto mechanics calculate labor costs? Does a fan belt cause your check engine light to come on? What causes rust on a vehicle? On this episode on MorningLine, Nick Beres ...
The U.S. economy is still in the "teeth" of the pandemic, the labor market is far from full employment, Dallas Federal Reserve Bank President Robert Kaplan said Friday.
Erika McEntarfer, in her first appearance since she was ousted from the Bureau of Labor Statistics, cautioned that “economic data must be free from partisan influence.” By Tony Romm Reporting from ...
New research led by Bayes Business School (formerly Cass) has revealed the introduction of the National Living Wage (NLW) in the UK in April 2016 significantly decreased labour mobility across firms ...
Washington — Gary Cohn, IBM vice chair and former National Economic Council director in President Trump's first term, said Sunday that "we've seen the job market degrade," though he noted that it may ...
Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...
Mohamed El-Erian, Allianz Chief Economic Advisor, warned that the labor market poses the biggest risk to the U.S. economy, despite sticky inflation. The current “low hiring and low firing” environment ...