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AI DRIVEN UNEMPLOYMENT
AI may not take your job, but it could remove the first rung of your career ladderAI may not be causing mass unemployment yet, but it could be removing the entry-level jobs through which young workers traditionally build ...
Six-figure Big Tech job to unemployment: Indian man leaves job, says there are more ways to make money than a 9-to-5An Indian Product Manager has left his six-figure Big Tech job to explore building his own career outside the traditional corporate path. T...
Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rallyIn the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve's interest rate strat...
Kevin Warsh says inflation is ‘concerning’ — is the Fed preparing to raise interest rates?Federal Reserve Chair Kevin Warsh warned of potential interest rate increases. Stubbornly high inflation remains a significant concern for ...
US Fed chairman Kevin Warsh says inflation is elevated and 'concerning' at Jackson HoleUS Federal Reserve Chairman Kevin Warsh said on Friday that high inflation in the world's largest economy was "concerning," as he opened a ...
AI is creating more jobs than it destroys in India, but freshers face the squeezeAI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Com...
US stocks: S&P 500 notches record-high close as rate-hike worries easeThe S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, e...
Fed may talk less and let markets lead. That could spell more volatility for IndiaUS Federal Reserve chief Kevin Warsh’s push to reduce forward guidance and shrink the Fed’s balance sheet could increase global market vola...
ET Business Growth Summit Noida highlights industrial resilience, jobs and skilling as key growth prioritiesThe ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth potential of the region’s industria...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
US Stock Market: Wall Street braces for jobs data, earnings as markets seek fresh directionInvestors await crucial July employment data and corporate earnings reports this week. Markets are navigating geopolitical tensions and int...
More dialogue needed between youth & policymakers as AI creating uncertainty about jobs: Ex - NITI Aayog VCFormer NITI Aayog Vice Chairman Rajiv Kumar urged policymakers to engage with India's youth. He highlighted youth frustration over job pros...
5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
UK's Andy Burnham outlines youth training overhaul as AI reshapes jobs marketBritain's Prime Minister Andy Burnham announced new technical education plans. These programs will combine academic study with employer-led...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
NY Fed's John Williams: "Unquestionably too-high" inflation may soon subsideJohn Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He proje...
US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jittersWall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron ...
It's better not to attend university in India: Saurabh Mukherjea on why it makes no sense to study after schoolIndian graduates face poor job prospects, with many earning less than skilled laborers. Experts suggest vocational training offers better f...
Global Market Today: Asian stocks slip on AI woes, oil extends dropAsian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-hi...