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Economy

workers
A Yale economist says AGI won’t automate most jobs—because they’re not worth the trouble

Pascual Restrepo’s new NBER paper argues it’s not about what AI can do. It’s about what AI will bother doing—and most human work doesn’t make the cut.

By Nick LichtenbergApril 4, 2026
MUSCAT, OMAN - Locals visit Muscat Anchorage near the Strait of Hormuz on March 30, 2026 in Muscat, Oman. Several Chinese-owned vessels were reportedly able to transit the Strait of Hormuz today, the day after U.S. President Donald Trump said Iran would allow 20 ships to cross through the vital waterway. (Photo by Elke Scholiers/Getty Images)
Iran’s military may be decimated, but it’s winning the energy war as it controls who gets cargoes through the Strait of Hormuz
By Jordan BlumApril 4, 2026
rick steves holds american flag
Travel guru Rick Steves is happy to pay more taxes
By Catherina GioinoApril 3, 2026
JPMorgan Chase CEO Jamie Dimon
Jamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’
By Tristan BoveApril 3, 2026
trump
Trump just raised the $39 trillion national debt with the largest budget hike since World War II—and nobody can figure out how to pay for it
By Nick LichtenbergApril 3, 2026
A woman working alone in an office
MIT created duplicate AI workers to tackle thousands of different tasks. The verdict? Most of the time AI is still just ‘minimally sufficient’
By Tristan BoveApril 3, 2026
Latest Stories
alex
AIAI’s next frontier is the real world
By Alex IsraelApril 4, 2026
Artemis II’s moonbound astronauts capture Earth’s brilliant blue beauty as they travel more than 110,000 miles from home
InnovationArtemis II’s moonbound astronauts capture Earth’s brilliant blue beauty as they travel more than 110,000 miles from home
By Marcia Dunn and The Associated PressApril 3, 2026
Checking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
Travel & LeisureChecking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
By Rio Yamat and The Associated PressApril 3, 2026
At least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
PoliticsAt least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
By Sam Mednick, Konstantin Toropin, Seung Min Kim and The Associated PressApril 3, 2026
man silhouette two computer screens
CybersecurityInternet Watch Foundation finds 260-fold increase in AI-generated CSAM in just one year, and ‘it’s the tip of the iceberg’
By Catherina GioinoApril 3, 2026
6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
Health6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
By Emily PharesApril 3, 2026
A person taking a supplement.
HealthWhat Is NMN: Everything You Need to Know From Experts
By Katherine Van DisApril 3, 2026
Best certificates of deposit (CDs) for April 2026
Personal FinanceBest certificates of deposit (CDs) for April 2026
By Glen Luke FlanaganApril 3, 2026
More EconomyPage 27 of 100
Photo of a trader on the floor of the New York Stock Exchange
Investing‘We’re not in a bubble yet’ because only 3 out of 4 conditions are met, top economist says. Cue the OpenAI IPO
By Nick LichtenbergFebruary 1, 2026
  • trump
    CommentaryTrump is driving capital out of capitalism
    By Andrew BeharJanuary 29, 2026
Photo of Elon Musk
EconomyMusk’s fantasy for a future where work is optional just got more real: U.K. minister calls for universal basic income to cushion AI-related job losses
By Sasha RogelbergFebruary 1, 2026
BRICS could become a new pillar of global governance—if its rapid growth doesn’t erode its newfound clout
EconomyBRICS could become a new pillar of global governance—if its rapid growth doesn’t erode its newfound clout
By Brian WongJanuary 31, 2026
Fed chair nominee Kevin Warsh could crush Trump’s rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say
EconomyFed chair nominee Kevin Warsh could crush Trump’s rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say
By Jason MaJanuary 31, 2026
Trump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says
EconomyTrump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says
By Jason MaJanuary 31, 2026
Mexico’s ban on vapes could give drug cartels more revenue — ‘those selling cocaine, fentanyl, marijuana are selling you vapes’
North AmericaMexico’s ban on vapes could give drug cartels more revenue — ‘those selling cocaine, fentanyl, marijuana are selling you vapes’
By María Verza and The Associated PressJanuary 31, 2026
  • powell
    InvestingJerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
    By Eva RoytburgJanuary 29, 2026
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: ‘We are in trouble in our country’
Future of WorkFord CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: ‘We are in trouble in our country’
By Marco Quiroz-GutierrezJanuary 31, 2026
traders
BankingKevin Warsh’s Fed nod sends gold plunging and chops 31.4% off silver as dollar strengthens in Friday trading
By Stan Choe and The Associated PressJanuary 31, 2026
coffee
RetailStarbucks battles the ‘polyamorous’ era of coffee as customers experiment: ‘they’re seeing what’s out there’
By Dee-Ann Durbin and The Associated PressJanuary 31, 2026
warsh
Banking‘That’s exactly what a sock puppet does’: Elizabeth Warren accuses Kevin Warsh of softening his rate stance for Trump
By Christopher Rugaber and The Associated PressJanuary 31, 2026
Meet the first CEO of the IRS: A Jamie Dimon protégé facing a $5 trillion test this tax season
EconomyMeet the first CEO of the IRS: A Jamie Dimon protégé facing a $5 trillion test this tax season
By Shawn TullyJanuary 31, 2026
  • Innes McFee, CEO of Oxford Economics.
    EconomyGet used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsize benefit for the wealthy
    By Eleanor PringleJanuary 29, 2026
Kevin Warsh will inherit a challenge no Fed chief has faced since post-World War II regarding the spiraling $31 trillion national debt
EconomyKevin Warsh will inherit a challenge no Fed chief has faced since post-World War II regarding the spiraling $31 trillion national debt
By Shawn TullyJanuary 31, 2026
Photo of Jerome Powell
Economy‘I just don’t have a good feeling about this’: Top economist Claudia Sahm says the economy quietly shifted and everyone’s now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
United States President Donald Trump
EconomyTrump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025
By Eleanor PringleJanuary 30, 2026
Donald Trump with a frown.
Politics3 big hurdles undermine Trump’s plan to extract Greenland’s mineral wealth—and America’s fraying relationship with Europe is one of them
By Tristan BoveJanuary 30, 2026
Warsh gestures and speaks.
BankingJerome Powell warned his successor to stay out of elected politics and offered other advice. Here’s what Kevin Warsh might do as Fed chair
By Jacqueline MunisJanuary 30, 2026
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
EconomyRight before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
US President Donald Trump meets with NATO's Secretary General Mark Rutte on the sidelines of Davos.
AsiaTrump’s Greenland play comes with Russia and China running circles around the US in the Arctic as expert sees ‘big game of catch-up’
By Tristan BoveJanuary 30, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, smiles during the New York Association for Business Economists luncheon in New York, U.S., on Wednesday, Nov. 7, 2007.
BankingAnother ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern
By Eva RoytburgJanuary 30, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, speaks during an Institute of International Bankers' luncheon in New York, U.S., on Tuesday, June 16, 2009.
BankingThe new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland
By Eva RoytburgJanuary 30, 2026
trump
PoliticsTrump expands trade war with Canada, threatening 50% aircraft tariff
By Michelle L. Price, Rob Gillies and The Associated PressJanuary 30, 2026
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025.
EconomyMeet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time
By Eleanor PringleJanuary 30, 2026
christian sewing touches his glasses
BankingGerman prosecutors’ raid on Deutsche Bank hurts the lender’s attempts to leave its long history of compliance failures in the past
By Lily Mae LazarusJanuary 30, 2026
Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters
EnvironmentAsia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters
By Angelica AngJanuary 29, 2026
Claude 4 illustration
AITop engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’
Economy$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’
By Nick LichtenbergJanuary 29, 2026
bessent
North AmericaBessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air
By Nick LichtenbergJanuary 29, 2026
Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire
EuropeStruggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire
By Kamal AhmedJanuary 29, 2026
vietnam
AsiaEU moves closer to another major Asian power on trade, upgrading ties with Vietnam
By Aniruddha Ghosal and The Associated PressJanuary 29, 2026
powell
BankingJerome Powell says economy has ‘clearly improved’ since December as he defends rate pause
By Christopher Rugaber and The Associated PressJanuary 29, 2026
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