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Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’ thumbnail
Canada Inquirer

Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’

Federal Reserve Chair Jerome Powell tied the nation’s cooling job market directly to President Donald Trump’s restrictive immigration policy on Wednesday, a rare...

Jimmy Kimmel suspended indefinitely by ABC after affiliates revolt over series of Charlie Kirk comments thumbnail
Canada Inquirer

Jimmy Kimmel suspended indefinitely by ABC after affiliates revolt over series of Charlie Kirk comments

ABC has suspended Jimmy Kimmel’s late-night show indefinitely after comments that he made about Charlie Kirk’s killing led a group of ABC-affiliated stations to say...

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’ thumbnail
Canada Inquirer

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

Federal Reserve Chair Jerome Powell has sounded the alarm on what many recent graduates already know—getting a job right out of college is...

Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’ thumbnail
Canada Inquirer

Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’

For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital spending – which some analysts...

Amazon to invest over $1 billion in fulfillment and transportation workers to boost pay, cut health care costs thumbnail
Canada Inquirer

Amazon to invest over $1 billion in fulfillment and transportation workers to boost pay, cut health care costs

Amazon says it’s investing more than a $1 billion to raise wages and lower the cost of health care plans for its U.S....

Ray Dalio calls for wealth ‘redistribution policy’ when AI and humanoid robots start to benefit the 1% to 10% more than everyone else thumbnail
Canada Inquirer

Ray Dalio calls for wealth ‘redistribution policy’ when AI and humanoid robots start to benefit the 1% to 10% more than everyone else

Legendary investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning regarding the future impact of artificial intelligence (AI) and humanoid...

Former Goldman Sachs CEO during 2008 crash says markets are ‘due’ for a crisis: ‘It doesn’t matter that you can’t see where it’s coming from’ thumbnail
Canada Inquirer

Former Goldman Sachs CEO during 2008 crash says markets are ‘due’ for a crisis: ‘It doesn’t matter that you can’t see where it’s coming from’

Lloyd Blankfein, the Goldman Sachs CEO between 2006 and 2018, has said he’s developed a sense of foreboding around economic crises.  In an...

Wall Street’s future hinges on a risky bet about what the American economy will do next thumbnail
Canada Inquirer

Wall Street’s future hinges on a risky bet about what the American economy will do next

Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record...

Blackstone exec says elite Ivy League degrees aren’t good enough—new analysts need to ‘work harder’ and be nice  thumbnail
Canada Inquirer

Blackstone exec says elite Ivy League degrees aren’t good enough—new analysts need to ‘work harder’ and be nice 

A top Blackstone executive says that elite degrees will only get you so far—people with qualities like strong work ethic, an entrepreneurial mindset,...

One of the most common reasons that AI products fail? Bad data thumbnail
Canada Inquirer

One of the most common reasons that AI products fail? Bad data

When Salesforce recently rolled out an AI agent on its website, the agent started to hallucinate and wasn’t giving consistent results. Salesforce ended...