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Growth stalls as inflation fears mount
15+ hour, 12+ min ago (458+ words) The UK economy stalled unexpectedly at the beginning of the year, reinforcing fears that the US-Israeli war with Iran will fuel inflation, hit economic output and even cause a recession. GDP, the key measure of output, showed no growth in…...
White House steps up ambitious effort to close $1.6 trillion revenue gap with raft of new tariffs
1+ hour, 10+ min ago (603+ words) WASHINGTON " The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the'Supreme Court's decision to strike down a range of the president's import taxes. "I wouldn't bet against…...
OpenAI investor Vinod Khosla predicts today’s 5-year-olds won’t ever need to get jobs thanks to AI
1+ week, 3+ day ago (609+ words) Billionaire investor Vinod Khosla sees an AI-powered labor transformation so massive it will eliminate the need for today's 5-year-olds to have jobs. Khosla bet early on AI, and his venture capital firm, Khosla Ventures, was one of OpenAI's first institutional…...
Report: 1 In 5 U.S. Jobs Face Automation Risk — But These Careers Remain Safer
2+ week, 6+ day ago (279+ words) Roughly one in five U.S. jobs faces high vulnerability to automation over the next two decades, according to a new report from Oxford Economics. The investment advisory firm evaluated more than 800 occupations and concluded that about 20% could be replaced by robots…...
Mid-30% Unemployment For New Graduates Thanks To AI: "It’s Coming Quicker Than People Anticipate"
20+ min ago (483+ words) The spread of AI agents could easily drive unemployment among recent college graduates into the mid-30% range within the next couple of years, ServiceNow CEO Bill McDermott said. ServiceNow offers customers "a single platform that brings together any AI, any data,…...
Rachel Reeves promises help to families hit by heating oil costs
7+ hour, 40+ min ago (1187+ words) By NICK CONSTABLE, REPORTER and BRENDAN CARLIN Families hit by huge hikes in heating oil costs are set to be offered help with their bills under plans outlined by Rachel Reeves. Heating oil is not protected by the energy price…...
Gas prices continue to surge: Trump says that's good news
2+ hour, 9+ min ago (360+ words) Gas prices are up 74 cents per gallon since Donald Trump launched war on Iran on Feb. 28, but there is good news underlying: that just means we're all making more money, according to the president. Not sure who the "we" are…...
Brazil’s Haddad sees up to 1% first-quarter growth, 2026 depends on rates By Reuters
3+ hour, 1+ min ago (260+ words) Updated Mar 14, 2026 10:18AM ET BRASILIA, March 14 (Reuters) - Brazil's finance minister Fernando Haddad said the economy may grow as much as 1% in the first quarter and signaled that full-year expansion will depend on the path of interest rates, as expectations for the…...
Bank of Canada's upcoming interest rate decision clouded by war in Middle East
1+ hour, 27+ min ago (168+ words) Bank of Canada's upcoming interest rate decision clouded by war in Middle East'thecanadianpressnews.ca Canada's central bank will have to balance a last-minute flood of economic data with uncertainty around both trade and war in the Middle East as it…...
Trump again pushes Powell to drop interest rates ‘IMMEDIATELY’ — but a zero-cut year looks increasingly likely
18+ hour, 27+ min ago (605+ words) Trump seems to be appealing to Powell for intervention as oil prices spiralled higher yesterday, once again hitting $100 a barrel. Inflation expectations are rising as a result, as consumers and businesses prepare for the rates to be passed through into…...