Block CEO Jack Dorsey's move to cut nearly half the company's workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers.In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs.Dorsey framed the move as more...
Category: Economy
Top earners are more afraid for their employment than lower income as AI threat increases
Liubomyr Vorona | Istock | Getty ImagesThe prospect of being replaced by artificial intelligence is helping to scare higher-income workers and leading them to stay in their jobs longer, according to several recent surveys.One closely followed gauge, the University of Michigan Survey of Consumers, show confidence in the labor market...
Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure
President Donald Trump walks past Supreme Court Chief Justice John Roberts, Associate Justice Elena Kagan, Associate Justice Brent Kavanaugh and Associate Justice Mary Coney Barrett as he arrives for the State of the Union address during a Joint Session of Congress at the U.S. Capitol on Feb. 24, 2026, in...
China’s leverage rises before high-stakes summit as Supreme Court curbs Trump tariffs
US President Donald Trump (L) and China's President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade...
Five key takeaways from the Supreme Court’s landmark decision against Trump’s tariffs
U.S. President Donald Trump gestures as he speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. Kevin Lamarque | ReutersThe Supreme Court's decision Friday to throw out a...