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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
stressed student
Personal FinanceCollege grads in ‘AI-proof’ careers like psychology and education are seeing negative returns on their degrees
By Jake AngeloApril 4, 2026
Delta CEO Ed Bastian
SuccessHow Delta uses Tom Brady to train its 100,000 workforce on leadership and a winner’s mindset
By Emma BurleighApril 4, 2026
Scott Kupor sits at a table gesturing with both hands.
PoliticsThe Trump administration is blurring the public and private sector workforce, and OPM director Scott Kupor won’t rule out conflict of interest risks
By Sasha RogelbergApril 4, 2026
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
More EconomyPage 73 of 100
Stocks leap on Palantir earnings, but Goldman warns the U.S. ‘is near stall speed’—where the economy ‘weakens in a self-reinforcing fashion’
FinanceStocks leap on Palantir earnings, but Goldman warns the U.S. ‘is near stall speed’—where the economy ‘weakens in a self-reinforcing fashion’
By Jim EdwardsAugust 5, 2025
  • Millions of Americans are making a Social Security mistake that could cost them $100,000 or more in retirement income
    EconomyMillions of Americans are making a Social Security mistake that could cost them $100,000 or more in retirement income
    By Ashley LutzJuly 31, 2025
Photo of Jerome Powell
EconomyTop analyst says the next 5 years could see ‘no growth in workers at all’ and sends a warning about the fate of the U.S. economy
By Nick LichtenbergAugust 4, 2025
Here’s what the doomsayers are getting wrong about the job market, according to a Wall Street veteran
EconomyHere’s what the doomsayers are getting wrong about the job market, according to a Wall Street veteran
By Jason MaAugust 4, 2025
A medical worker cares for a newborn "dragon baby" in the maternity department of Zaozhuang Maternal and Child Health Hospital in Shandong province, China, Feb 10, 2024.
EconomyChina’s fertility crisis is so dire, rates are falling below ‘replacement levels’ and GDP could slow by more than half in the next 30 years, study says
By Eleanor PringleAugust 4, 2025
OPEC
EconomyLower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day
By Cathy Bussewitz and The Associated PressAugust 4, 2025
The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
FinanceThe dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
By Jim EdwardsAugust 4, 2025
  • From coffee to orange juice, here are the products that will be hit hardest by Trump’s tariffs
    EconomyFrom coffee to orange juice, here are the products that will be hit hardest by Trump’s tariffs
    By Emily SteinbergerJuly 31, 2025
Italy just hit Shein with a $1.15 million greenwashing fine over misleading claims
RetailItaly just hit Shein with a $1.15 million greenwashing fine over misleading claims
By AFPAugust 4, 2025
Photo of Jerome Powell
EconomyLabor department’s data upset may have sealed the deal for a Fed interest rate cut
By Eleanor PringleAugust 4, 2025
US trade advisor says Trump tariff rates are ‘pretty much set’ after deadline was pushed back
EconomyUS trade advisor says Trump tariff rates are ‘pretty much set’ after deadline was pushed back
By AFPAugust 3, 2025
Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
EconomyWall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
By Jason MaAugust 3, 2025
Photo of a businessman clinging to the edge of a cliff
EconomyTop economist warns the U.S. is ‘on the precipice of recession’—and it will be hard for the Fed to come to the rescue
By Jason MaAugust 3, 2025
  • The Fed’s Powell said the phrase ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?
    FinanceThe Fed’s Powell said the phrase ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?
    By Jim EdwardsJuly 31, 2025
Trump tariffs
EconomyTop investment treaty lawyer on Trump’s tariffs as the dust settles: ‘In many respects, everybody’s a loser here’
By Paul Wiseman and The Associated PressAugust 3, 2025
OPEC+ agrees in principle to another bumper supply increase
EconomyOPEC+ agrees in principle to another bumper supply increase
By Grant Smith, Salma El Wardany, Fiona MacDonald, Nayla Razzouk and BloombergAugust 2, 2025
The Federal Reserve’s power: Congress giveth and Congress can taketh away
EconomyThe Federal Reserve’s power: Congress giveth and Congress can taketh away
By Jason MaAugust 2, 2025
Donald Trump
EconomyJust 38% approve of Trump’s handling of the economy as promises of ‘golden age’ collide with reality
By Josh Boak, Christopher Rugaber and The Associated PressAugust 2, 2025
The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says
EconomyThe shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says
By Jason MaAugust 2, 2025
College graduates
EconomyTop economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
By Nick LichtenbergAugust 2, 2025
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
EconomyA vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
By Marco Quiroz-GutierrezAugust 2, 2025
Jerome Powell
EconomyEveryone’s watching Jerome Powell as warnings flash for the U.S. economy
By Nick LichtenbergAugust 1, 2025
Trump pointing his finger
FinanceDow tumbles more than 500 points as job numbers shock Wall Street and tariff ‘panic’ sets in
By Chris MorrisAugust 1, 2025
Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
EconomyShockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
By Jason MaAugust 1, 2025
Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
FinanceForced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
By Jordan BlumAugust 1, 2025
Donald Trump sitting in front of an American flag
Economy‘The Big Short’ investor warns despite economy’s stronghold against ‘thoughtless,’ ‘unprecedented’ tariffs so far, stagflation is coming
By Sasha RogelbergAugust 1, 2025
Trump, Powell
EconomyTrump rips into ‘stubborn’ Jerome Powell, calls for Fed’s board to launch a coup and seize power
By Josh Boak and The Associated PressAugust 1, 2025
Jamie Dimon, chief executive officer of JPMorgan Chase & Co
EconomyJamie Dimon doubles down on Powell despite Trump criticism, saying an independent Fed means lower rates
By Eleanor PringleAugust 1, 2025
Photo: TURNBERRY, SCOTLAND - JULY 28: U.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland. U.S. President Donald Trump is visiting his Trump Turnberry golf course, as well as Trump International Golf Links in Aberdeenshire, during a brief visit to Scotland from July 25 to 29. (Photo by Christopher Furlong/Getty Images)
FinanceStocks slide globally as investors digest Trump’s new tariffs—analysts warn their ‘greatest fears’ are yet to come
By Jim EdwardsAugust 1, 2025
A manufacturing engineer prepares a battery storage submodule for lifting at Peak Energy's plant in California.
FeaturesWe’re about to see a $1 trillion ‘supercycle’ of investment in batteries to power the grid for AI
By Jordan BlumAugust 1, 2025
Trump and company
Economy‘We have made a few deals today that are excellent deals for the country’: Trump is coy as tariff scramble ensues
By Josh Boak and The Associated PressJuly 31, 2025
Claudia Sheinbaum
EconomyTrump extends Mexico negotiations by 90 days, keeps 25% tariff rates in place
By Josh Boak and The Associated PressJuly 31, 2025
Gary Cohn
EconomyFormer Trump official Gary Cohn flags ‘warnings below the surface’ for the economy: ‘Consumers are not out there willfully spending money’
By Nick LichtenbergJuly 31, 2025
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