Ford chief predicts AI will replace “literally half of all white-collar workers.” ...

Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the ...

As AI accelerates job displacement, Craig Shapiro warns that Federal Reserve's tools will be ill-equipped during looming ...

AI will make 'significant changes' to economy, labor market ai-pocalypse  It may not happen today or even tomorrow, but US Federal Reserve chair Jerome Powell is confident that someday soon AI is ...

Markets stay quiet during Iran escalation; interest rates hold steady, but spending drops; why companies are investing in ...

Your computer may soon take out a loan, approved by a bank’s computer. Millions of such transactions can determine the money ...

AI can help bring down prices, even with full employment, because it leads to higher productivity—more output per hour worked. Labor-productivity gains have been fairly modest since the high ...

The Federal Reserve System’s generative AI incubator is rooted in several guiding principles. Top on that list is “we’ve got to put hands on keys,” Tuteja said, meaning practitioners must actually ...

AI automation is expected to threaten 300 million jobs globally by 2030. Learn which roles are most at risk and discover five ...

Current job woes for this cohort, they added, likely owe in part to economic conditions beyond technology. Many blue-collar ...

The Fed faces plenty of pressing issues, not least of which is the threat to its own independence posed by Mr. Trump, who says he knows more about interest rates than the Fed.. But it’s fair to ...