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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 74 of 100
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
  • US and China are expected to extend trade truce by 90 Days, SCMP says
    EconomyUS and China are expected to extend trade truce by 90 Days, SCMP says
    By Se Young Lee and BloombergJuly 27, 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
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
Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the
EconomyPowell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
By Eleanor PringleJuly 31, 2025
Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
EconomyJerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
By Marco Quiroz-GutierrezJuly 30, 2025
Former Commerce Secretary Wilbur Ross (R) speaks before U.S. President Donald Trump
EconomyTrump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
By Eleanor PringleJuly 30, 2025
  • US-EU trade deal with 15% tariff is on the table but needs sign-off from Trump, diplomat says
    EconomyUS-EU trade deal with 15% tariff is on the table but needs sign-off from Trump, diplomat says
    By Aurélia End, Emma Charlton and AFPJuly 27, 2025
Trump, Modi
EconomyTrump calls India ‘our friend’ but slaps 25% tariff down plus additional ‘penalty’ because it’s buying oil from Russia
By Josh Boak and The Associated PressJuly 30, 2025
Ursula von der Leyen
EconomyEurope’s economy barely grew in the second quarter
By David McHugh and The Associated PressJuly 30, 2025
How sparsely populated Norway amassed $1.8 trillion
EconomyHow sparsely populated Norway amassed $1.8 trillion
By Heidi Taksdal Skjeseth and BloombergJuly 30, 2025
President Donald Trump delivers remarks alongside Federal Reserve Chair Jerome Powell
EconomyJerome Powell has a chance to appease Trump with a rate cut today, so will he? Not likely
By Eleanor PringleJuly 30, 2025
WASHINGTON, DC - JULY 24: (L-R) U.S. Sen. Tim Scott (R-SC), President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell. (Photo by Chip Somodevilla/Getty Images)
FinanceWall Street is poised for volatility today if it sees anything that looks like a vibe shift at the Fed
By Jim EdwardsJuly 30, 2025
  • U.S.-Japan trade deal gives Trump control over $550 billion in investments. It could be ‘vaporware’—and a model for other countries
    EconomyU.S.-Japan trade deal gives Trump control over $550 billion in investments. It could be ‘vaporware’—and a model for other countries
    By Jason MaJuly 26, 2025
Julian Castro
CommentaryNearly half of Fortune 500 companies were founded by immigrants or their children. It shows how Latino entrepreneurs can drive America’s economic future
By Julián Castro and Carolina MartinezJuly 30, 2025
Labor market
Economy‘Not dire, not amazing, more meh’: Job market cools as quits plummet in stagnant labor picture
By Paul Wiseman and The Associated PressJuly 29, 2025
Lorenzo Simonelli speaks while seated during a panel at the CERAWeek conference in Houston.
FinanceBaker Hughes buys Chart Industries for $13.6 billion in oilfield services deal, outbidding and canceling planned Chart-Flowserve merger
By Jordan BlumJuly 29, 2025
Wilbur Ross, former US commerce secretary, during the Greenwich Economic Forum in 2023.
EconomyDon’t let EU, Japan deals lull you into a sense of security, says Trump’s former commerce secretary—a trade war with China may still be in the cards
By Eleanor PringleJuly 29, 2025
family
EconomyMeet the 40-something self-made ‘everyday millionaires’ who say they still don’t feel rich
By Matt Sedensky, Ashley Lutz and The Associated PressJuly 29, 2025
Novo Nordisk selects insider Maziar Mike Doustdar as new CEO, to tackle ‘recent market challenges’
C-SuiteNovo Nordisk selects insider Maziar Mike Doustdar as new CEO, to tackle ‘recent market challenges’
By AFPJuly 29, 2025
Trump, Powell
EconomyJerome Powell had a surprise visit from Trump. He’s poised to leave interest rates unchanged anyway
By Christopher Rugaber and The Associated PressJuly 29, 2025
Trump, von der Leyen
EconomyFrance bemoans ‘dark day’ as Trump wins EU trade deal at his golf course in Scotland
By Lorne Cook and The Associated PressJuly 29, 2025
Photo: Sheep.
FinanceThe markets are behaving as if Europe has pulled the wool over Trump’s eyes
By Jim EdwardsJuly 29, 2025
Online giant Temu is under fire in Europe as millions of users face high risk of encountering illegal products on platform
RetailOnline giant Temu is under fire in Europe as millions of users face high risk of encountering illegal products on platform
By Raziye Akkoc and AFPJuly 29, 2025
Stellantis sees €1.2 billion tariff hit in second half
FinanceStellantis sees €1.2 billion tariff hit in second half
By Albertina Torsoli and BloombergJuly 29, 2025
Jim Teague, CEO of Enterprise Products Partners, speaks during the CERAWeek conference in Houston.
EconomyTrump-supporter CEO calls out administration’s ethane export ban to China: ‘These kinds of actions rarely hurt the intended target and often backfire’
By Jordan BlumJuly 28, 2025
Facing Russia’s war on Ukraine, the EU couldn’t risk fighting a trade war with the U.S., analyst says
EconomyFacing Russia’s war on Ukraine, the EU couldn’t risk fighting a trade war with the U.S., analyst says
By Jason MaJuly 28, 2025
Warren Buffett
EconomyWarren Buffett’s longtime Social Security warning is coming to fruition, with retirees facing an $18,000 annual cut
By Nick LichtenbergJuly 28, 2025
K-beauty
Economy$1.7 billion Korean beauty products market reels from tariff talk: ‘One of the things with K-beauty or Asian beauty is that it’s supposed to be accessible pricing’
By Mae Anderson and The Associated PressJuly 28, 2025
Fantastic Four
EconomyFantastic Fourth biggest opening of the year gives Marvel a sigh of relief
By Lindsey Bahr, Itzel Luna and The Associated PressJuly 28, 2025
Photo: TURNBERRY, SCOTLAND - JULY 27: President of the European Commission Ursula von der Leyen shakes hands with U.S. President Donald Trump during a meeting at Trump Turnberry golf club on July 27, 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.
FinanceEurope surrenders to Trump (and thus secures victory by the back door)
By Jim EdwardsJuly 28, 2025
Trump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says
EconomyTrump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says
By Jason MaJuly 27, 2025
U.S. and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments
EconomyU.S. and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments
By Jason MaJuly 27, 2025
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