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AI to boost NYC economy, but job displacement remains a concern
Artificial intelligence is expected to drive significant economic growth in New York City in 2025, with over 2,000 AI startups and 40,000 workers fueling a thriving tech ecosystem, according to a city report. AI is ... more
Former fed official: Inflation expected to fall, rates will likely follow suit
Loretta Mester, former Cleveland Fed president, believes inflation is cooling and expects interest rates to drop later this year. Mester, known for her focus on controlling inflation, retired on June 30. Mester, 65, joined the ... more
Is a recession really coming for the people of America?
As Americans see higher inflation rates, pay more for gas, and buy less groceries for the same amount, they're wondering if the economy is headed for a crash or recession. Often times when a recession ... more
Second stimulus breakthrough could mean new round of checks before 2021
There was a glimmer of hope on Thursday for stimulus talks, as U.S. Senator Chuck Schumer gave an update during a press conference in Gloversville. He even went as far as to call it a ... more
