Here's JPMorgan Chase's blueprint to become the world’s first fully AI-powered megabank
Deep within the bowels of JPMorgan Chase's data centers and cloud providers, an artificial intelligence program crucial to the bank's...
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'Spectacular' AI growth is creating a serious labor market problem for Fed, Jefferies' David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the...
Mamdani advocates for city-owned grocery stores; such experiments have seen limited success nationwide
Zohran Mamdani grabbed the national spotlight midyear when he won New York City's Democratic mayoral primary, defeating former Gov. Andrew Cuomo....
Here's everything Trump said he's changing about H-1B visas
President Donald Trump on Friday announced that the fee employers must pay for an H-1B visa will be raised to...
She tripled her income to $220,000 a year by leaving her 9 to 5 for fractional work: ‘I’m never going back to one boss’
Rachael De Foe, 31, works as a fractional head of communications.Courtesy of Rachael De Foe.In late 2019, Rachael De Foe...
Wells Fargo CEO sees 'more downside' to U.S. economy as lower-income consumers struggle
Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling...
Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized
The labor market created far fewer jobs than previously thought, according to a Labor Department report Tuesday that added to...
He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend.But he wasn't happy, he said."I...
Wage growth is doing something odd in 2025 — the last time it happened was around the Great Recession
A "Now Hiring" sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts,...
Former Walmart U.S. CEO Bill Simon questions stock drop: 'It was about as good of a quarter as any retailer could have in any environment'
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings...
'Job hugging' has replaced job-hopping, consultants say, as workers cling to current roles
Martin Barraud | OJO Images | Getty ImagesThe so-called great resignation has become the "great stay." But experts say workers...
AI is already impacting the labor market, starting with young tech workers, Goldman economist says
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE)...
'The revisions are hard evidence': White House struggles to justify firing of BLS chief over weak jobs numbers
White House economic adviser Kevin Hassett speaks with reporters in the driveway outside the West Wing of the White House...
‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Ozgur Donmaz | Photodisc | Getty ImagesThe U.S. job market has been showing signs of a gradual weakening. But new...
U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for...
Private company hiring bounced back with a 104,000 increase in July, ADP says
Hiring at private companies rebounded at a stronger-than-expected pace in July, indicating the labor market is holding its ground, ADP...
How Canadian boycotts are impacting the U.S.
Amid rising trade and political tensions, Canadian consumers are increasingly turning their backs on American products.Giancarlo Trimarchi, owner of Vince's...
Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
Investors may want to consider bracing for a weaker stock market performance over the next six months.According to Vanguard's Roger...
Here's where the jobs are for June 2025 — government sector leads the way
Legislative Hall, the Delaware State Capitol, in Dover, DelawareAimintang | Istock | Getty ImagesState and local government job growth powered...
U.S. payrolls increased by 147,000 in June, more than expected
Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and...
