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ECONOMY & WORK

NEWS

Morgan Stanley hails the AI revolution in the US — but there is one major problem

A new report suggests the investment led growth had made the rich richer and put pressure on workers
4 hours ago

As Trump toots his own horn about US economy — the ground reality tells a different story

The low-middle class of the country is feeling the crippling pressure of the affordability crisis
5 hours ago

Popular retail chain recalls meatballs over presence of metal — return ASAP for refund

Thankfully, no illness or injury has been reported yet because of the foreign objects.
5 hours ago

Sam Altman calls Elon Musk's plan to run AI from space 'ridiculous' — says 'we are not there yet'

The OpenAI boss believes that it is impossible to scale such a model at this moment.
5 hours ago

Goldman Sachs says 'don't expect' companies to lower prices in response to tariff reductions

Companies will be in no rush to reduce prices as trade uncertainty continues, the bank noted.
7 hours ago

Trump has a major warning for nations that 'play games' with US trade deals: 'Beware'

Trump threatened to use different laws to punish countries that back away from negotiated deals.
7 hours ago

GOP lawmaker has an update on $2,000 stimulus checks — and it's not good news for Americans

He asked Americans to forget about the stimulus checks until the tariffs issue is dealt with.
7 hours ago

Finance expert predicts a major crisis in 2028 — including the 'Ghost GDP' situation

The technology will see millions out of jobs, cutting their spending power by a huge margin.
7 hours ago

Steve Harvey's reaction said it all when 'Family Feud' players revealed their pre-show confessions

Despite his experience, Harvey didn't know much about the prep that goes into competing on the show
10 hours ago

Nobel prize-winning economist reveals why he thinks 'US democracy may not survive'

He spoke about the 5% wealth tax proposed in California as a starting point.
1 day ago

American parents could be playing a very important role in mid-term polls

Child care costs are a major concern in Pennsylvania’s 7th District.
1 day ago

Kevin O'Leary calls Zohran Mamdani's plan 'beyond insane' — can't believe it was considered

The Shark Tank investor believes that the new Mayor would tax people into oblivion.
1 day ago

Illinois governor JB Pritzker just sent an 'invoice' to Trump for $8.68 billion

The President's tariffs were recently adjudged illegal by the US Supreme Court.
1 day ago

Wendy’s reports a sharp decline in sales but PETA has a solution — add vegan meat

“If Wendy’s wants to stay competitive, it needs mouthwatering vegan options—not another animal on the menu,” PETA president Tracy Reiman stated.
1 day ago

A Hollywood billionaire has quietly left California for New York as a proposed tax spooks the rich

With a net worth of $7.1 billion, Spielberg would have shelled out an estimated $355 million in taxes if the levy were passed. 
1 day ago

Top engineer at Anthropic issues warning that AI may eliminate certain job titles in 2026

"In the meantime, it's going to be very disruptive. It's going to be painful for a lot of people," he claimed.
1 day ago

New report says Trump's economy grew much slower than expected in the fourth quarter

With slacking consumer spending and the 43-day shutdown, the GDP grew by just 1.4%.
3 days ago

OpenAI CEO Sam Altman believes AI is being used as a scapegoat for recent mass layoffs

Several major companies have pointed to AI as the major factor behind their workforce reductions.
3 days ago

Nobel Prize–winning economist warns Trump's economy is only 'going to get worse'

Economist Joseph Stiglitz claimed no policy was helping boost blue-collar jobs amid automation.
3 days ago