News
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"
1+ hour, 55+ 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,…...
February 2026 Jobs Report: 92,000 Jobs Lost – Unemployment Spikes To 4.4%
5+ day, 6+ hour ago (272+ words) The February 2026 jobs report delivered a stark disappointment, revealing a surprising loss of 92,000 nonfarm payroll positions'far below economists" expectations'while the unemployment rate climbed to 4.4%, exceeding the forecasted 4.3%. Downward revisions to prior months, widespread sector weakness (notably in health care, manufacturing,…...
US Treasury Targets Liquidity Rules To Supercharge AI And Domestic Manufacturing Lending
1+ week, 3+ day ago (500+ words) The Under Secretary for Domestic Finance, Jonathan McKernan, has called for a regulatory reset on bank liquidity rules to unlock lending for AI infrastructure and manufacturing. Speaking at a roundtable on bank liquidity and the lender of last resort convened…...
Consumers Tighten Belts As Inflation Keeps Grip On Economy
11+ mon, 1+ week ago (448+ words) Trump's leadership could steer the U.S. away from recession, showcasing a resilience that defies inflationary pressures. Consumers Tighten Belts As Inflation Keeps Grip On Economy (The Center Square) " This week's economic calendar is packed with key reports and influential Fed speeches,…...
U.S. Consumer Fatigue Sets In – Businesses Pay The Price For Higher Costs
3+ mon, 1+ week ago (611+ words) Last week's data told a clear story: the U.S. consumer is still standing, but looking increasingly tired " and businesses are starting to absorb more of the pain. Retail sales: On the surface, retail sales barely grew. Once you adjust for inflation,…...
898,000 Jobs Erased: Massive BLS Benchmark Revision Rewrites 2025 Payrolls
3+ week, 4+ day ago (393+ words) Put differently: January's headline gain may be real, but the "trend" we thought we were tracking for most of last year wasn't. That helps explain why many workers' lived experience has felt worse than the monthly payroll prints suggested. This…...
Drought And Costs Shrink America's Cattle Supply: Beef Prices To Stay Elevated
1+ mon, 8+ hour ago (465+ words) Americans should brace for years of high beef prices as the U.S. cattle herd shrinks to its smallest size in 75 years, agricultural economists warn. The massive decline stems from persistent drought, soaring costs, and an aging ranching workforce, leaving consumers facing…...
Trump Calls For One-Year 10% Cap On Credit Card Interest Rates
2+ mon, 3+ day ago (341+ words) President Donald Trump on Friday announced he is calling for a temporary cap on credit card interest rates, saying the move is aimed at making borrowing more affordable for Americans. In a post on his Truth Social platform on January…...
White House Report: Red States Outpace Blue States With Lower Inflation Rates
2+ mon, 2+ week ago (355+ words) Texas and other red states have lower inflation rates than blue states, according to data from The White House. Republican-leaning states have lower rates of inflation than Democratic-leaning states, with Texas among the lowest in America, according to a report…...