The Latest Breaking News from Unemployment

"Godfather of AI" Geoffrey Hinton claims the tech will lead to mass unemployment as companies replace employees using the growing tech to generate profits.

Geoffrey Hinton, known as the “godfather of AI,” has voiced concerns over artificial intelligence leading to widespread unemployment and increased profits.

ANALYSIS: Trump returned to the White House promising a better economy. But every sector has taken a huge beating as Americans feel the effect of his tariffs, Eric Garcia writes

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

December arabica coffee (KCZ25 ) today is down -0.30 (-0.08%), and November ICE robusta coffee (RMX25 ) is down -89 (-2.02%). Coffee prices are trading lower today on concerns about US consumer demand after today's weak US payroll report of +22,000 and the rise in the US unemployment rate to...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. September E-mini S&P futures (ESU25 ) are down -0.49%, and September E-mini Nasdaq futures...

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The August jobs report came in much lower than expected, lifting the odds that several rate cuts will come through by year's end.

The dollar index (DXY00 ) today is sharply lower by -0.75% on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -8 bp decline in the 10-year T-note yield, which undercut the dollar’s interest rate differentials. The...