Federal Reserve Chair Jerome Powell says AI spending is lifting growth and could help boost productivity, but raises questions about the impact it may have on the labor market.

Productivity has increased, largely because more jobs are being automated — and AI is expected to speed that transformation.

The K-shaped economy describes a growing divide between higher and lower wage earners. A red hot investment markets, driven ...

Nigeria needs a radical shift in its economic policy approach. Macroeconomic stability won’t automatically create jobs and alleviate poverty.