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Are Dorsey’s giant job cuts the start of an AI jobs apocalypse? Economists weigh in

Are Dorsey’s giant job cuts the start of an AI jobs apocalypse? Economists weigh in

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 than a cost-cutting…

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Morgan Stanley income fund rated 5 stars by Morningstar. Where its manager is investing

Morgan Stanley income fund rated 5 stars by Morningstar. Where its manager is investing

For nearly two decades, Morgan Stanley portfolio manager Andrew Szczurowski has been honing his fixed-income investing strategy. These days, he’s still finding attractive investments in the market, but admits some digging needs to be done to separate the winners from the losers. As a portfolio manager on the Eaton Vance Strategic Income Fund , he…

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Meet Michigan Forward Morez Johnson Jr.

Meet Michigan Forward Morez Johnson Jr.

Meet the most effective finisher in the Big Ten: Morez Johnson Jr. The men’s college basketball season is ramping up with high-stakes games every night and the NCAA Tournament just around the corner. In those key regular-season games, March Madness stars introduce themselves to the nation with magical moments and Cinderella runs. We’re teaching you…

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FAA plans to reduce flights at Chicago O’Hare, cites boost in schedules

FAA plans to reduce flights at Chicago O’Hare, cites boost in schedules

An American Airlines Boeing 737-823 passneger aircraft sits at a gate at Chicago O’Hare International Airport (ORD) on August 23, 2024 in Chicago, Illinois.  Daniel Slim | AFP | Getty Images The Federal Aviation Administration plans to reduce flights at Chicago O’Hare airport this summer, saying major airlines have overscheduled flights, the agency said on…

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