News

The return-to-office process has been messy and tense for employees at some of the country’s biggest employers, including Amazon and JPMorgan.

Both robust foreign demand for high-yielding U.S. corporate bonds and falling hedging costs are drawing companies to Japan.

Economists also see a 25% chance of recession in the next 12 months—up from January and the first increase in two years, but well below the 65% chance estimated in the first half of 2023.

Unemployment numbers are likely to rise soon. The lost positions will primarily be well-paid roles held by highly educated workers, which will spill over to consumer-facing industries and housing, pushing Washington, D.C., into a mild recession by the summer.

A Texas judge has ruled that retirement fund managers may consider environmental, social, and corporate governance factors when choosing investment funds.

Use of generative AI could “lead to herding behavior and the concentration of risk, potentially amplifying market volatility. ... GenAI agents directed to maximize profit may converge on strategies to maximize returns through coordinated market manipulation.”