Economy

Fed's Schmid reveals hiring has stalled as AI boosts productivity while baby boomers retire en masse. A fundamental shift in how work gets done.

Google, Microsoft, and Amazon will continue working with Anthropic despite DOD supply chain risk designation. A calculated bet on AI's future or regulatory arbitrage?

CNBC survey reveals stark gender divide in AI adoption - 69% of men see AI as valuable vs 61% of women. Half of women view workplace AI use as cheating, raising concerns about widening career gaps.

After DoD labels Anthropic a supply chain risk, Amazon says it will continue offering Claude AI to customers except for defense work. Big Tech navigates new geopolitical AI landscape.

As Iran strikes UAE, Saudi Arabia and Qatar, Japanese firms from oil giant Inpex to materials maker Toray evacuate employees, exposing global supply chain vulnerabilities.

Marvell's stock surged 20% on strong AI-driven guidance, with CEO predicting accelerating growth through 2027. The chip sector's AI winners are expanding beyond Nvidia.

Oracle's 30,000 layoffs reveal the real story: Companies aren't cutting workers because AI can replace them, but to fund massive data center investments. Your job security depends on corporate spending priorities, not AI capabilities.

Iran's retaliatory strikes across the Gulf are unraveling China's careful Middle East balancing act, forcing Beijing to choose sides in a volatile region.

Chinese automaker BYD unveils battery that charges to 97% in 9 minutes. But can infrastructure keep up? We examine what this means for EV adoption and the global battery race.

BlackRock's $26B private credit fund limits withdrawals as $3.5T market shows cracks. Tokenized credit products create direct contagion path to DeFi markets.

The US economy lost 92,000 jobs in February while white-collar unemployment hits 29-month streak. The headline numbers hide a deeper crisis.

From WWII relic to modern menace - how the Ukraine conflict revived torpedo warfare and what it means for global naval strategy