A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist. Most …
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Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue
The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an overall picture of an economy that’s headed for a downturn, according to Moody’s Analytics chief economist Mark Zandi. After months of looking remarkably resilient in the face of President Donald Trump’s tariffs, the economic outlook has suddenly turned gloomier. “The economy is …
Read More »Until Trump Fired Her, She Was an Economist With Bipartisan Support – The New York Times
Until Trump Fired Her, She Was an Economist With Bipartisan Support The New York Times Lashing Out Over Russia and Jobs Data, Trump Displays His Volatile Side The New York Times Republican senators raise concerns about Trump’s firing of Labor Department official NBC News WATCH: ‘I think their numbers were wrong,’ Trump says after firing BLS head over jobs report PBS The Economist Trump …
Read More »Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
As recent college graduates face one of the toughest job markets in years, Berkeley economist and voluble Substacker Brad DeLong has a message for those struggling to land their first full-time gig: Artificial intelligence (AI) and automation are not to blame. Larger forces are at work. DeLong, a professor at UC Berkeley and former Deputy Assistant Secretary of the Treasury, argued …
Read More »Should you take collagen? – The Economist
Should you take collagen? The Economist Collagen Decline Affects More Than Just Your Skin Vogue This Is The Easiest Way To Naturally Plump Your Skin & Restore Collagen mindbodygreen.com Do Collagen Supplements Work? Science-Backed Benefits for Skin, Joints, and Muscles News-Medical What are the benefits of collagen? GQ India Source link
Read More »Donald Trump’s unprecedented attack on Brazil’s judiciary – The Economist
Donald Trump’s unprecedented attack on Brazil’s judiciary The Economist U.S. stiffens sanctions against judge at center of U.S.-Brazil feud The Washington Post Trump accused of ‘attack on Brazilian democracy’ after sanctioning Bolsonaro trial judge The Guardian Sanctioning Brazilian Supreme Court Justice Alexandre de Moraes for Serious Human Rights Abuse U.S. Department of State (.gov) US imposes sanctions on Brazilian high court judge Reuters Source link
Read More »Who’s feeling the pain of Trump’s tariffs? – The Economist
Who’s feeling the pain of Trump’s tariffs? The Economist Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say CBS News America is starting to eat Trump’s tariff TACO salad, UBS says Fortune How companies are responding to Trump’s tariffs Reuters Trump’s Tariffs Are Being Picked Up by Corporate America – WSJ The Wall Street Journal Source link
Read More »Can you overcome an allergy? – The Economist
Can you overcome an allergy? The Economist Source link
Read More »Powell should resign to protect Federal Reserve, says top economist – Axios
Powell should resign to protect Federal Reserve, says top economist AxiosView Full Coverage on Google News Source link
Read More »Jerome Powell must quit to save the Fed, one prominent economist says
New York CNN — The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the central bank’s independence. “The attacks on Chair Powell are …
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