Federal Reserve Chair Jerome Powell has confirmed what many suspected: AI adoption is directly impacting hiring decisions across major corporations. The revelation comes amid an economic environment where both unemployment and inflation are rising simultaneously.
According to Futurism, Federal Re
Eskom Embraces National Energy Strategy as Turning Point for Investment and Growth South Africa’s state-owned power utility Eskom has thrown…
Ongoing federal shutdown and China’s rare earths export controls create economic uncertainty. Employment data shows highest unemployment rates in four years while housing market weakens. Federal Reserve likely to cut rates at October meeting.
Federal shutdown implications and economic uncertainty dominate financial markets as China’s rare earths export controls trigger trade tensions and equity sell-offs. With the government closure entering its second week and key economic data delayed, analysts anticipate Federal Reserve intervention through rate cuts while employment and housing indicators show concerning weakness.
