"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there ...

Fed Chair Jerome Powell warns that Gen Z faces tough job prospects amid a slowing economy and rising AI impact.

"There’s very little growth, if any, in the supply of workers. And at the same time, demand for workers has also come down ...

At a swish drinks party hosted by Ed Miliband in his imposing north London townhouse recently, the main topic of conversation ...

Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest ...

The fact that Fed Chair Jerome Powell classified the rate cut made on Wednesday as one for “risk management” is a clue the ...

A rate cut is coming. But what comes after that, and how the market reacts, isn't as clear.

Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank would cut rates amid President Donald ...

The decision to cut rates was nearly unanimous, with the lone dissent coming from Fed Gov. Stephen Miran, a close ally of U.S ...

The central bank is expected to reduce interest rates on Wednesday. But there could be a internal debate about the size of a ...

Chair Jerome Powell pointed to growing signs of weakness in the labor market to explain why officials decided it was time to ...

In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend.