Economy
Ex-Google CEO Eric Schmidt worked 60-hour weeks: ‘I used to tell people my job is to sit in meetings 12 hours a day’—he says...
Eric Schmidt, who led Google for nearly a decade, says he spent up to 12 hours a day in meetings, amounting to a working...
Economy
Jobless claims near the lowest since the 1960s as low-fire trend continues
Initial jobless claims fell to 194,000 for the week ending Oct. 17, after reaching 189,000 on July 18, the lowest level since the late...
Economy
No city employs more tech workers than New York. Now it’s spending $10 million to train 40,000 people for AI jobs
New York has more tech workers than any other North American metro area. The city and state are investing $10 million in an institute...
Economy
Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers
Barclays announced on Thursday that it will cut 5,000 jobs by the end of the year, representing about 5% of its workforce. The U.K....
Economy
U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO
U.S. Treasury yields could break out of their consolidation range after several weeks, with the Federal Reserve’s October 28 meeting serving as a potential...
Economy
‘Grow the damn economy’: Billionaire Ken Griffin warns Trump made a mistake cutting taxes as the national debt tops past $40 trillion
Ken Griffin, the founder of Citadel, said Tuesday in New York that the Trump administration and Republicans made a mistake by renewing the 2017...
Economy
Hungary’s former central bank chief is arrested on suspicion of fraud as the new government cracks down on alleged corruption
Hungarian police arrested György Matolcsy, the former central bank governor and former economy minister under Viktor OrbĂ¡n, on suspicion of economic fraud, the use...
Economy
America’s national debt plan is ‘clearly not in order,’ says Ken Griffin—he believes part of the problem is Europeans who ‘don’t want to go...
Ken Griffin, the chief executive of Citadel, says the roughly $40 trillion US national debt cannot be resolved by Washington alone. The Treasury confirmed...