Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says
The report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy.
Posted inDecisions and Verdicts Entrepreneurship Freelancing, Self-Employment and Independent Contracting Labor and Jobs National Labor Relations Board Regulation and Deregulation of Industry
Labor Board, Reversing Trump-Era Ruling, Widens Definition of Employee
The National Labor Relations Board, with a Democratic majority, restored a standard that counts more workers as employees rather than contractors.
Posted inBanking and Financial Institutions Consumer Behavior Federal Reserve System Interest Rates Labor and Jobs Price Gouging Prices (Fares, Fees and Rates) United States Economy
U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
Posted inBank of Canada Consumer Price Index Economic Conditions and Trends European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) Reserve Bank of Australia United States Economy
As the Fed Meets, It Shares an Inflation Problem With the World
Inflation is stubborn across a range of economies. Given its staying power, investors expect the Fed to pause rate moves only temporarily.