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AI IMPACT ON LABOR MARKET
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 ...- India's cyclical recovery faces risks; oil supply shock, AI capex may hit corporate margins from Q2FY27: ReportIndia’s economic recovery faces growing risks from the oil supply shock, fading domestic stimulus and slowing AI investment, Nuvama Institu...
- Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectoryInvestors await crucial inflation data next week which may decide the Fed's interest rate move. The S&P 500 index is nearing its record hig...
- US stocks today: US stocks end lower as solid jobs data fuels hawkish Fed betsWall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month...
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
- Labor Day 2026: From state fairs to fireworks - Here are some of the major events happening across the USLabor Day 2026 presents an exciting three-day weekend for families and friends across America. The state fairs in New York and Minnesota wi...
- US stocks today: Dow soars 600 pts, S&P, Nasdaq over 1% as Fed governor Waller's remarks ease rate hike fearsUS stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The ...
- US unemployment claims rise to 206,000 last week, remain near historically low levelsLast week's statistics revealed an increase in new jobless claims in the United States, with initial filings rising to 206,000 for the week...
- US economic activity rises modestly, inflation pressures persist: Fed Beige BookRecent reports indicate a modest growth in US economic activity alongside slight increases in employment figures. However, moderate price r...
- US stocks today: US markets rebound from lows, but inflation, Iran war worries persistUS stocks rebounded from a three-day selloff, with the S&P 500, Nasdaq and Dow ending higher. However, persistent inflation concerns, a glo...
- In 2005, Jeff Bezos launched a platform he called “artificial artificial intelligence” that once had more than 500,000 workers. Amazon is now shutting it downAmazon has announced that it will shut down its Mechanical Turk crowdsourcing platform on September 30, 2026, after two decades of connecti...
- From claims to evidence: Why your university's AI readiness needs to be measurableAs universities increasingly talk about becoming AI-ready, the more important question is how that readiness can actually be demonstrated. ...
- ET AI Awards 2027: Recognising India’s leading AI products, innovations and leadersAs India moves from AI experimentation to real-world application, the ET AI Awards 2027 recognise organisations, teams and leaders driving ...
- US Fed's Michael Barr warns central bank may need to raise rates if inflation stays highFederal Reserve Governor Michael Barr indicated potential interest rate increases if inflation remains elevated. He stated that the central...
- US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
- US job openings rise in July after sharp downward revision in prior monthIn July, US job openings saw an upswing, primarily thanks to advancements in the manufacturing sector. However, various industries experien...
- Only 22% companies have scaled AI across business units: ReportFew organisations successfully scale artificial intelligence across business units. Many companies increase AI spending without clear finan...
- AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
- 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...
- U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...
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