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

Economists question whether such moves signal a broader shift in the labor market or simply reflect company-specific adjustments.

Industry

Core wholesale prices rose 0.8% in January, much more than expected

The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December.

Industry

Netflix drops Warner Bros bid, clearing way for Paramount takeover

Netflixs decision to back down from the bidding war clears the path for Paramount to win the takeover battle.

Industry

India and France revise tax treaty on dividends after Modi-Macron meeting

India announces details of revised tax treaty days after French President Emmanuel Macron visited Delhi.

Industry

Trump\s new global tariff comes into effect at 10%

The president threatened to raise the tariff to 15% but has not yet issued an official directive to increase the rate.

Industry
EU Says Trump's Tariff Workaround Violates Trade Deal

EU Says Trump's Tariff Workaround Violates Trade Deal

Europe is now getting 'legal' over the whole thing - claiming that Trump's new tariff workaround vio

Industry
What Causes Stagflation?

What Causes Stagflation?

In the late 1960s Edmund Phelps and Milton Friedman challenged the popular view that there can be a

Industry
Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union

Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union

While much digital ink has been spilled on the Supreme Court's striking down of Trump's IEEPA tariff

Industry
EU To Freeze Trade Deal With US After Supreme Court Overturns Trump Tariffs

EU To Freeze Trade Deal With US After Supreme Court Overturns Trump Tariffs

: In response to the EU's decision to freeze ratification of Trump's landmark deal, the US president

Industry

Five key takeaways from the Supreme Court's landmark decision against Trump's tariffs

What's far less certain is the longer-reaching impacts as the economy and markets again adjust to a changing landscape.

Industry
Macron's India Trip Exposes EU Tech Overreach And Policy Failures

Macron's India Trip Exposes EU Tech Overreach And Policy Failures

At times, it seems almost absurdly comical when senior European Union officials make conspicuous eff

Industry

Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%

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.

Industry
Q4 GDP Unexpectedly Grows At 1.4%, Half Expected Pace, As Government Shutdown Slams Growth

Q4 GDP Unexpectedly Grows At 1.4%, Half Expected Pace, As Government Shutdown Slams Growth

There was a big surprise at 8:30am ET when the BEA reported the (delayed) GDP print for the last qua

Industry
Q4 GDP Unexpectedly Grows At 1.4%, Half Expected Pace, As Government Shutdown Hits Q4 Growth

Q4 GDP Unexpectedly Grows At 1.4%, Half Expected Pace, As Government Shutdown Hits Q4 Growth

There was a big surprise at 8:30am ET when the BEA reported the (delayed) GDP print for the last qua

Industry

U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump's tariffs

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.

Industry

U.S. trade deficit totaled $901 billion in 2025 despite Trump's tariffs

The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.

Industry
80% Plunge In Immigration Is Reshaping Labor Market Math, But AI Wildcard Looms: Goldman

80% Plunge In Immigration Is Reshaping Labor Market Math, But AI Wildcard Looms: Goldman

The Trump administration's crackdown on illegal immigration has resulted in an 80% collapse in net i

Industry

Hassett says authors of New York Fed tariff study should be disciplined: 'Worst paper I've ever seen'

The NEC director ripped the report, saying that central bank researchers ignored key aspects of how the duties worked

Industry
US Industrial Production Surged In January

US Industrial Production Surged In January

Despite slumping sentiment surveys, 'hard' data continues to suggest the US economy is ticking along

Industry

UK inflation cools markedly in January, boosting odds of Bank of England rate cut

The U.K. inflation rate cooled to 3% in January, according to the latest figures from the Office for National Statistics (ONS).

Industry
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