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AI IN LABOR MARKETS
Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...- Strategy CEO predicts historic surge in Bitcoin banking adoption: 7 drivers that could push banks toward BTC USDStrategy CEO Phong Le predicts a historic rise in Bitcoin banking adoption over the next 12 months, citing seven key drivers. Strategy’s la...
- USD rate: Why is US Dollar down from 18-month peak?USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cool...
- Global Market Today: Stock selloff extends to Asia as chip rout deepensMSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for...
- US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worriesUS inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasd...
- Dollar languishes as focus turns to CPI, Fed speakersThe dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fu...
- NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
- Trump's bid to curb techies may end up benefiting IndiaTrump’s tightening of H-1B and PERM rules could hurt Indian IT companies in the short term but may also accelerate the shift of more US tec...
- Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one dayIT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification ...
- Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watchIT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came ami...
- AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mu...
- How AI triggered a federal lawsuit? McDonald’s sued over AI pricing: What the Big Mac case says about franchisee independenceMcDonald’s is facing a federal antitrust lawsuit over its AI-powered pricing tools. Illinois resident Michael Thomas alleges the system use...
- AI may replace only 5% of human work over next decade, says Nobel laureate AcemogluMicrosoft AI CEO Mustafa Suleyman shared the assessment in a post on X while introducing the first issue of The Humanist Review published i...
- IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
- US stocks: US market rebounds to close higher as surging Treasury yields recedeUS stocks recovered from earlier losses, with the S&P 500 bouncing back after a global bond selloff. The Labor Department reported a dip in...
- US stocks: US market ends slightly lower as bond yields hold near multi-decade highsUS stocks closed slightly lower as consumer confidence fell to a significant low not seen in over 12 years. Rising government bond yields h...
- US stocks: US market slips as rising Treasury yields offset AI-driven tech gainsUS stock indices fell as increasing government bond yields weakened investor sentiment across the market. The Dow Jones Industrial Average,...
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