The phenomenon is so widespread some economists have coined a new term— the “Great Freeze ”—to describe the dismal labor ...

It's really a different thing,' Jerome Powell told reporters this week. However, the Federal Reserve is closely watching the ...

However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.

Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...

Enormous capital expenditures in artificial intelligence technology and data centers are helping to drive growth in the U.S.

Jerome Powell doesn’t see an AI bubble. That seems like the bigger takeaway versus the fact the Federal Reserve did what ...

Fed Chair Jerome Powell said the current artificial-intelligence craze is very different than the dot-com boom at the end of ...

Federal Reserve Chair Jerome Powell said the central bank is paying close attention to recent layoffs at companies such as ...

Jerome Powell’s warning on rate cuts and Mark Zuckerberg’s alert on artificial intelligence spending remind investors that ...

Corporate workers are fighting for a shrinking pool of jobs as mass lay-offs and a hiring slowdown stoke fears of a “white-collar recession”, amid mounting pressure from tariffs, slowing economic ...

Jerome Powell recently poured cold water on mounting fears that the AI boom is heading for a spectacular bust.

Jerome Powell said AI is likely affecting the job market, particularly for recent college graduates. The Fed chair also said that job creation in general has slowed down. Powell's comments are likely ...