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 ...

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

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

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

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

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

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

Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...

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

Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.

Artificial intelligence might replace jobs on a large scale in the next few years, Federal Reserve Chairman Jerome Powell said. Powell’s comments, made Tuesday in testimony before the House Financial ...