Opinion: ‘AI will be able to do everything,’ Elon Musk says. He’s wrong about jobs.
In a recent discussion with British Prime Minister Rishi Sunak, tech billionaire Elon Musk prophesied that there “will come a point where no ...
Read moreTag: employment
U.S. jobs report forecast: 170,000 new workers and 3.7% unemployment
The post-pandemic boom in hiring appears to be over, and businesses are adding fewer workers. Is the slowdown in employment ...
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Senior Fed officials say more interest-rate hikes still on the table
Several senior Federal Reserve officials on Friday said the U.S. central bank might not be done raising interest rates and ...
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U.S. stock futures fall as ECB hikes rates; traders brace for more aggressive Fed after June pause
U.S. stock index futures were lower on Thursday, adding to their losses after the release of U.S. jobless claims and ...
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The Fed’s been wrong on inflation again. It may adjust its forecast.
The U.S. economy hasn’t slowed all that much. High inflation has proven to be quite sticky. And the rip-roaring labor ...
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What’s next for stock market as investors weigh a Good Friday jobs report
With the U.S. stock market closed on Good Friday, investors will have the weekend to digest an employment report that ...
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Dow futures flip higher after March jobs report in thin Good Friday trading
U.S. stock-index futures turned higher in a holiday-shortened session after a solid March jobs report, though investors won’t fully digest ...
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Gold prices gain on higher-than-expected U.S. unemployment rate, banking sector worries
Gold futures finished higher on Friday, finding support from concerns over the banking sector following the collapse of Silicon Valley ...
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One laid-off tech worker’s odyssey: 5 months, 25 interviews, 100 job applications
At times, Todd Erickson’s search for a tech job felt more like an odyssey.But after five months, about 100 job ...
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No wonder Powell didn’t commit to extra hikes. Here are five reasons the January jobs report may be too good to be true.
Traders took heart that Fed Chair Jerome Powell, when he wasn’t being questioned by David Rubinstein on how he gets ...
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