News
These are the workers who aren't afraid of AI: "Chat GPT has little say here'
2+ hour, 8+ min ago (301+ words) Traditional and craft'based trades " where the technology has yet to gain real ground " are emerging as an opportunity at a moment of deep uncertainty for office jobs "You can't ask Chat GPT to crouch down and fix a car," Valera…...
Trump's unintentional gift: how the Fed's erosion opens Latin America's doors to the euro | Economy and Business
9+ hour, 35+ min ago (915+ words) Trump's unintentional gift: how the Fed's erosion opens Latin America's doors to the euro EL PA'S English Latin America is reducing its dependence on the dollar, and it is doing so (at least in part) as a reaction to the…...
Kevin Warsh will impose a regime change after being appointed chairman of the Federal Reserve
1+ day, 9+ hour ago (903+ words) EL PA'S English Kevin Warsh has spent the last decade yearning for the chairmanship of the Federal Reserve, a goal he has just achieved after Senate confirmation, thanks to the Republican majority. He succeeds Jerome Powell, a frequent target of…...
Kevin Warsh officially confirmed as Federal Reserve chair
1+ day, 23+ hour ago (492+ words) The 56-year-old economist takes the helm of the Fed at a pivotal moment, amid renewed inflationary pressures and White House attempts to exert influence over the institution Kevin Warsh became the new chair of the Federal Reserve on Wednesday after…...
Senate clears the way for Kevin Warsh to become Federal Reserve chair before Friday
3+ day, 10+ hour ago (487+ words) The chamber approves the Trump nominee's appointment as a member of the Board of Governors. The vote to confirm him is still pending Kevin Warsh's path to becoming chair of the Federal Reserve is full of obstacles. On Monday, he…...
Adam Smith's invisible hand: why his ideas are still influential today
1+ mon, 1+ week ago (420+ words) The full title of the book Adam Smith published in 1776 was: An Inquiry into the Nature and Causes of the Wealth of Nations. It was neither the first text on economics, nor on liberalism, and it wasn't error-free. So why…...
Gas prices in the United States: What's happening and how high they might go
1+ mon, 1+ week ago (566+ words) Although the US produces more oil than it consumes, domestic prices continue to depend on the international market The global impact of the war in Iran has caused the average price of gasoline in the United States to rise above…...
Venezuela's economy trapped between paralysis and inflation
1+ mon, 2+ week ago (311+ words) Despite the easing of US sanctions to boost the oil sector, economic recovery has not yet materialized The additional revenue the national treasury receives after the U. S. military attack " thanks to the easing of sanctions and new licenses to extract oil…...
More poverty, less travel and fewer jobs: what the world would be like with oil at $200
1+ mon, 3+ week ago (743+ words) Analysts are beginning to consider the possibility of prices breaking all records if the conflict in the Middle East persists. In that case, a global recession would be almost inevitable "The war in Iran is the greatest threat to energy…...
Federal Reserve expected to keep interest rates steady over Iran war uncertainty
1+ mon, 4+ week ago (564+ words) EL PA'S English...