Federal Reserve cuts key rate but signals higher bar for future reductions
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate for the third time in a row…
IMF raises China growth forecast to 5% for 2025, citing resilience
China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent…
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
The long-term impact of artificial intelligence is one of the most hotly debated topics in Silicon Valley. Nvidia…
Big Six banks report $16.45B profit in fourth quarter as capital markets boom
TORONTO — Fourth-quarter bank earnings wrapped Thursday with TD, BMO and CIBC all reporting higher-than-expected profits to add…
As AI wipes jobs, Google CEO Sundar Pichai says it’s up to everyday people to adapt accordingly
Tech leaders are split on whether AI will bring about a jobs Armageddon or a utopia of zero…
Social Security payments for Dec. 2025. When do you get your check?
As Social Security turns 90, Congress faces financial deadline Social Security has a cash flow problem. For years,…
Fewer Americans sought unemployment benefits last week as job cuts stay low
WASHINGTON (AP) — The number of Americans applying for unemployment benefits declined last week in a sign that…
Where in the EU sees the most long-term unemployment?
Among the 13 million unemployed people in the EU, 4.2 million of them had been without a job…
Wrong-way news is driving market selloff, says Macquarie, as Fed cut hopes fade
As markets head towards Black Friday, the mood among investors echoes the gloom from which the shopping holiday…
‘The kids aren’t alright,’ warns top economist, as unemployed, pessimistic Gen Z living with parents blow a $12 billion hole in consumption
Gen Z isn’t ok—that’s the official diagnosis from Oxford Economics, following a deep dive into the generation’s economic…
Weaving through a week of unemployment and mental health in the news
Earlier this month, Harriet Wild was struck by the sheer volume and interconnectedness of stories reflecting the drivers…
Social Security benefits will increase soon. When COLA goes into effect
US to phase out most paper checks for federal benefits The federal government will begin phasing out paper…