College Degrees Retain Value Amid AI Disruption
Rita Finkel, co-president of the Armory Foundation, published an opinion piece in EdSurge arguing that four-year college degrees remain valuable as artificial intelligence reshapes the workforce. A 20…
Rita Finkel, co-president of the Armory Foundation, published an opinion piece in EdSurge arguing that four-year college degrees remain valuable as artificial intelligence reshapes the workforce. A 20…
Federal Reserve Bank of St. Louis President Alberto Musalem warned against relying on artificial intelligence to reduce inflation, stating it is "too early to outsource" the central bank's inflation-c…
New York Federal Reserve President John C. Williams warned that robust business investment, driven predominantly by AI-related outlays, is propping up the U.S. economy as consumer spending, residentia…
JPMorgan chief economist David Kelly warns that avoiding a $39 trillion national debt crisis will require AI-driven productivity gains that exceed even the most optimistic market forecasts. In a new a…
Federal Reserve Vice Chair Philip N. Jefferson addressed global energy prices, artificial intelligence, trade disruptions, and persistent US inflation risks at the Bank of Japan Institute for Monetary…
Federal Reserve Governor Lisa Cook told a Stanford forum that the market capitalization of U.S. tokenized assets has more than doubled to roughly $25 billion over the past year, while warning that art…
Candace Browning reported that investor focus on an AI-driven earnings wave has outweighed geopolitical concerns, with S&P 500 earnings rising 24% in the first quarter and 18% excluding hyperscalers. …
OpenAI CEO Sam Altman said this week he was "delighted to be wrong" about his earlier predictions that artificial intelligence would wipe out entry-level white-collar jobs. Speaking at a tech conferen…
According to the article, the U.S. Secret Service shot and killed a man who opened fire at a security checkpoint outside the White House, leading to a brief lockdown of the premises. The incident, whi…
According to Bank of America analysts, the recent bond market selloff is increasingly driven by deteriorating U.S. fiscal health, with "bond vigilantes" selling off debt to protest unsustainable defic…
The article reports that the University of Michigan's consumer sentiment survey showed a troubling rise in both short-term and long-term inflation expectations, with long-term views jumping to 3.9% in…
President Donald Trump oversaw the swearing-in of new Federal Reserve Chair Kevin Warsh at the White House, urging him to stimulate the economy while maintaining the central bank's independence. Trump…
Claudia Sahm, a former Federal Reserve economist and creator of the Sahm Rule recession indicator, has expressed serious concerns about Kevin Warsh’s potential policies as Fed chair, warning they coul…
Tulsi Gabbard resigned from her position as Director of National Intelligence in President Trump’s Cabinet. Her resignation was announced on May 22, 2026, with her last day in the role set for June 30…
At Google I/O, the company announced wider external availability of CodeMender, an AI agent for code security that flags and fixes vulnerabilities, positioning it as a tool to help secure global code …
The current crisis facing central banks is structural, not merely political, stemming from the end of a "golden age" of favorable macroeconomic conditions like the Great Moderation. It contends that t…