Here’s how AI could influence the Fed’s economic outlook
Members of the Federal Reserve rate-setting committee say they are factoring increased labor productivity into their economic forecasts as artificial ...
Tag: Labor economy
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings ...
‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Ozgur Donmaz | Photodisc | Getty ImagesThe U.S. job market has been showing signs of a gradual weakening. But new ...
DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds
President Donald Trump listens during a Cabinet meeting at the White House on Feb. 26, 2025.Andrew Harnik | Getty Images ...
Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
The Consumer Financial Protection Bureau's Trump-appointed leadership plans to fire nearly all its 1,700 employees while "winding down" the agency, ...
CFPB’s new leadership begins staff purge with dozens of employees terminated
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White ...
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
Mark Lenhard, CEO of U.K.-based remittances platform Zepz.Lukas Schulze | Sportsfile for Web Summit via Getty ImagesLONDON — British digital ...
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Goldman Sachs GS AI AssistantCourtesy: Goldman SachsGoldman Sachs is rolling out a generative AI assistant to its bankers, traders and ...
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