Top Economist Brad DeLong Advises Recent Grads: It’s the Sluggish Economy, Not AI, That’s Hurting Job Opportunities
Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy As recent college graduates face one of the toughest job markets in years, Berkeley economist and voluble Substacker Brad DeLong has a message for those struggling to land their first full-time gig: Artificial intelligence (AI) and automation are not […]
Wall Street shows signs of regret over Fed rate cuts
Fed rate cuts: Wall Street is starting to have buyer’s remorse Wall Street celebrated the Federal Reserve’s half-point rate cut last month by sending stocks to fresh record highs, but the blockbuster jobs report on Friday has caused doubts to creep in. Analysts at Bank of America and JPMorgan, which was one of the few […]