U.S. consumer confidence rebounded more than expected in February, but the share of consumers viewing jobs as "hard to get" increased to a five-year high, raising the risk of the unemployment rate increasing this month.
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Fed's Cook: AI May Cause Short-Term Unemployment
Artificial intelligence has triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with lower interest rates, Federal Reserve Governor Lisa Cook said...
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US Home Price Growth Slows in December
U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices.
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Bessent Warns of 'Economic Apocalypse' if Taiwan Lost
Taiwan is no longer just a test of American resolve abroad. It is a test of whether the world economy can survive a single semiconductor chip chokepoint, The New York Times reports.
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The Dollar Has a Cold, Not Long COVID
In recent weeks, the dollar has fallen against most other currencies, but President Trump appears little disturbed.
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California Tangled in Billionaire Tax & Social Industry
The mid-19th century Gold Rush earned California the nickname "Golden State." Over generations, the region became a place of aspiration-a projection screen for ambition and prosperity.
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