News
Hundreds of economists say ‘we must act now’ on AI’s economic impact and job risks
1+ hour, 3+ min ago (179+ words) San Francisco, CA — Hundreds of economists say in an open letter that institutions “must act now” to address how artificial intelligence could transform the economy and could put many people out of work. The statement released Monday was signed by…...
Cooling inflation eases pressure on Fed as oil prices jump as US and Iran trade strikes
4+ hour, 39+ min ago (33+ words) KRCR Cooling inflation eases pressure on Fed as oil prices jump as US and Iran trade strikes...
Oil price surge threatens gas costs as record business investment boosts productivity
5+ day, 26+ min ago (472+ words) New signs of economic growth are emerging as business investment reaches its highest level in decades, but renewed conflict in the Middle East is creating fresh uncertainty for energy prices and the broader U.S. economy. Speaking with The National News Desk,…...
Leisure & hospitality shed 61,000 jobs in June despite expected World Cup boost
1+ week, 4+ day ago (29+ words) KRCR Leisure & hospitality shed 61,000 jobs in June despite expected World Cup boost...
Humboldt County gas prices jump in May, among highest in nation, Cal Poly report says
1+ week, 6+ day ago (316+ words) HUMBOLDT COUNTY, Calif. — Drivers in Humboldt County are paying some of the highest gas prices in the nation, and new regional economic data shows the gap continues to widen. Gas prices in the region climbed in May compared with the…...
GDP update shows 'good,' 'not great' economic growth, as consumer spending softens
2+ week, 4+ day ago (630+ words) (TNND) — The American economy rebounded from fairly flat growth at the end of last year to record a moderate increase to start this year, according to a new U.S. Bureau of Economic Analysis report. But economic experts expressed concern about…...
Federal Reserve officials see higher bar for cuts with sticky inflation, low unemployment
4+ mon, 3+ week ago (27+ words) KRCR Federal Reserve officials see higher bar for cuts with sticky inflation, low unemployment...
Kevin Warsh sworn in as Federal Reserve chair
1+ mon, 3+ week ago (17+ words) KRCR Kevin Warsh sworn in as Federal Reserve chair...
Fact Check Team: Private equity firms face growing scrutiny over housing market impact
2+ mon, 1+ day ago (27+ words) KRCR Fact Check Team: Private equity firms face growing scrutiny over housing market impact...
Why the Federal Reserve isn’t cutting interest rates (Yet)
2+ mon, 1+ day ago (21+ words) KRCR Why the Federal Reserve isn’t cutting interest rates (Yet)...