Why the US midterms sparked an AI stock selloff

A.I. Was Supposed to Come for Our Jobs. So Far, Evidence Is Mixed.

White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.

Tesla winding down Cybertruck production

Elon Musk announced Friday that Tesla will wind down production of its Cybertruck next year after years of poor sales for the electric truck. In a post on the social platform X, the Tesla CEO said Cybertruck production will wind down at Gigafactory Texas in mid-2027 "to make room for increased Cybercab production." The Texas...

PM tells firms to publish salaries in job adverts ahead of new law

The government argues the change will help jobseekers and could help to prevent pay discrimination.

Fed's Williams says inflation too high, targets 2 percent

John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too ​high. It's been too high for too long," Williams said at a ​European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back...

Workers' rights 'second place' to economic growth

Jersey's Economic Development Minister has told the BBC that workers' rights may have to take 'second place' to economic growth.

Trump on stock market losses: 'You only have yourselves to blame'

President Trump said the stock market “suffered one of the Worst Days in History” on Thursday, a day after it surged following Democrats’ sweeping victories in the midterm elections. The Dow Jones Industrial Average went up by 1,104 points on Wednesday after the opening bell. But on Thursday, it dropped by more than 2,100 points from...

Here’s the latest.

Here’s the latest.

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Swings in Farm Areas Helped Propel Democrats to Victory

Anger over tariffs and higher costs because of the war in Iran led many Republican farmers and ranchers to vote blue — or stay home.

US economy added 165,000 jobs in October, beating expectations

The U.S. economy added 165,000 jobs in October, according to new data from the Bureau of Labor Statistics (BLS). The unemployment rate also decreased slightly to 4.1 percent, the BLS reported. Unemployment has been below 5 percent for more than five years, after soaring to nearly 15 percent in the early stages of the COVID-19...