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AI is already impacting the labor market, starting with young tech workers, Goldman economist says
Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.Read More...
Trump says JPMorgan Chase, Bank of America rejected him as a customer
President Donald Trump said Tuesday that the two largest U.S. banks rejected him as a bank customer, reviving claims of debanking against conservatives.Read More...
Berkshire shares dip after earnings decline, lack of buybacks disappoint investors
A move that caught many by surprise was a big write-down for Berkshire's underperforming Kraft Heinz stake.Read More...
Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter.Read More...
‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Federal data suggests the job market has slowed more than previously thought amid economic headwinds.Read More...
Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday.Read More...
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