The phenomenon is so widespread some economists have coined a new term— the “Great Freeze ”—to describe the dismal labor ...

It's really a different thing,' Jerome Powell told reporters this week. However, the Federal Reserve is closely watching the ...

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...

Enormous capital expenditures in artificial intelligence technology and data centers are helping to drive growth in the U.S.

However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.

Jerome Powell doesn’t see an AI bubble. That seems like the bigger takeaway versus the fact the Federal Reserve did what ...

Investors—after digesting earnings reports from Meta, Microsoft, and Alphabet—reacted soberly. Meta shares are down 8.6% ...

Federal Reserve Chair Jerome Powell said the central bank is paying close attention to recent layoffs at companies such as ...

Fed Chair Jerome Powell said the current artificial-intelligence craze is very different than the dot-com boom at the end of ...

Fed Chair Powell warns the AI threat is real, citing job creation near zero. Understand the economic impact of automation now ...

Jessica Powell’s AudioShake, already with more than 40 enterprise customers, recently raised its $14 million seed round, led ...