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) ...

Some experts believe AI will create enough new roles to offset job losses, but that could depend on how policymakers and ...

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

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

The artificial intelligence boom promises innovation but risks fueling socialist sentiment if widespread job displacement ...

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

Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...

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

U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...