The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the economy is…
Business
Deutsche Bank on ‘the summer AI turned ugly’: ‘more sober’ than the dotcom bubble, with som troubling data-center math
Deutsche Bank analysts have been watching Amazon Prime, it seems. Specifically, the “breakout” show of the summer, “The Summer I…
Elon Musk delivered on Tesla’s ‘mission impossible’ goals before—but the targets for his $1 trillion pay package are even more delusional
On Sept. 5, the Tesla board unveiled an all-new, long-term compensation package for Elon Musk that advertised far and away…
Anthropic reaches $1.5 Billion settlement with authors in landmark copyright case
Anthropic has agreed to a $1.5 billion settlement with authors in a landmark copyright case, marking one of the first…
Hundreds detained at Georgia’s top economic development project
Immigration authorities said Friday they detained 475 people, most of them South Korean nationals, when hundreds of federal agents raided the sprawling…
Palantir CEO Alex Karp says U.S. labor workers won’t lose their jobs to AI—‘it’s not true’
As fears swirl that American manufacturing workers and skilled laborers may soon be replaced by artificial intelligence and robots, Alex…
Is the Fed ready to go big? Analysts debate jumbo rate cut after soft jobs data
The case for a bigger rate cut is gaining momentum. After another dismal jobs report, some economists say the Federal…
30-year-old juggles 2 jobs and double shifts but keeps losing work due to school drop-off: ‘As a mom, you just find a way around it’
When Elizabeth Rivera’s phone would ring during the overnight shift, it was usually because the bus didn’t show up again and one…
Railroad regulators to train 163 inspectors to spot cracks in railroad bridges, up from 7
The Transportation Department is going to train 163 track inspectors to dramatically increase the number of people who know how…
Podcasters, influencers make Trump White House’s list of jobs covered under no-tax tips list
Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations not required…
