Artificial intelligence is beginning to reshape parts of the labor market, Federal Reserve Governor Lisa Cook said. The technology may displace workers before creating new jobs, she said last month at ...

The Fed is debating whether AI will boost productivity and lead to lower inflation. Many Fed officials also acknowledge that in the short term, AI could disrupt the job market, creating a predicament ...

Key insight: Fed Gov. Cook said artificial intelligence may already be influencing employment trends, pointing to lower demand for computer engineers as one potential sign of change. Expert quote: "It ...

Square and Cash App operator Block said it would slash nearly half its workforce as AI reshapes its business, fanning fears of mass layoffs to come.

The proliferation of artificial intelligence tools could push unemployment among college grads into the mid-30s, according to ...

One of America’s top financial regulators has sounded an alarm even as the world’s tech giants are celebrating record-breaking AI breakthroughs. Michael S. Barr, governor of the Federal Reserve, ...

For national bankers, while trust in the Federal Reserve and the promises of artificial intelligence are on the upswing for 2026 compared to their smaller peers, growing worries around real-time ...

Bill McDermott, the boss of $123 billion software giant ServiceNow, says it’s going to be hard for Gen Z workers to “differentiate themselves in a corporate environment” as AI takes over.