Economy

The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images...

Read More
Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday. Companies...

Read More
Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

A jobseeker holds a brochure during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Gett...

Read More
Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat as the Supreme Court is about to hear a landmark case on President Donald Trump‘s tarif...

Read More
AI-washing and the massive layoffs hitting the economy

AI-washing and the massive layoffs hitting the economy

Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agen...

Read More