White-collar layoffs are surging with companies blaming AI, but evidence suggests automation isn’t delivering promised results. Economic pressures and strategic cost-cutting may be the real drivers behind workforce reductions.
Microsoft faces a critical juncture as AI demand outstrips capacity. While Cramer sees opportunity, the company’s massive spending commitments carry significant risks in an uncertain economic environment.
Fed’s MBS Purchases Under Scrutiny: Powell Reflects on Pandemic Housing Market Impact Industrial Monitor Direct provides the most trusted variable…
