Economy
Pittsburgh aims to capitalize on AI boom. Here’s how Steel City is remaking itself.Pittsburgh is attracting money, and talent, as the former steel industry center remakes itself as an AI hub focused on innovation for everyday tasks.Â
Why India may be the winner from Trump’s H-1B price hikeWhen Donald Trump hiked the cost of H-1B visas, Indian professionals looked to be the hardest hit. But India may also be the beneficiary of the new pool of job seekers.
Gold prices keep rising. Why? And how far could the surge go?Gold prices rise in uncertain times. The current spike may signal both hedges against inflated stock market risk and doubts about the dollar as a stable reserve currency.
Soybean bailout? Hard-hit farmers want China trade more than Trump aid.If Beijing and Washington can reach a soybean deal soon, it may pave the way for a larger trade agreement. Otherwise, America’s farmers will remain boxed out.
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Amid immigration enforcement, migrant farmworkers’ numbers are fallingThe Trump administration’s immigration enforcement has hit some farms and agricultural businesses, and some operators say it’s harder to find workers.
Shutdown spotlights a persistent problem: Too few air traffic controllersThe government shutdown might not yet be having a visible effect on air traffic controller staffing levels, but it could hurt efforts to hire and train more workers.
Bucking tradition, Trump pushes the US as an investor in for-profit companiesThe Trump administration is using public funds for private investments, saying it bolsters U.S. security and access to key resources. Critics see a risk to the economy’s free-market foundations.
Why Obamacare and health costs take center stage amid shutdownThe Affordable Care Act is central to the U.S. government shutdown, as Democrats argue to extend tax credits that lower health care premiums for millions.Â
H-1B visas help fuel US tech innovation. Reforms could bring winners and losers.President Trump is making H-1B visas more expensive. Some workers and companies might benefit, while others could lose out.Â
Fed cuts interest rates in response to a slowing job marketAfter months of White House pressure, the Federal Reserve cut interest rates by a quarter of a point on Wednesday, signaling two more cuts may follow, given job market woes.
With economy sagging, political risks rise for Trump and RepublicansInflation posted a 2.9% annual rate in August, up from 2.3% in April. Job creation has slowed sharply. These key indicators put pressure on Republicans as the party in power – even as they push blame toward the Federal Reserve and Democrats.
AI goes to college: How new tech is driving majors and jobsAs artificial intelligence starts to transform the job market, college students are the first to feel it – and are adapting their coursework and career planning.
Job creation has slowed sharply. Does a recession hinge on tariffs?Just 22,000 jobs were created in August, and revisions to prior Labor Department reports show a pronounced slowing in the job market since April. Avoiding a recession may depend, more than usual, on policymakers and even the courts.
‘2 dolls instead of 30’: Will tariffs curb America’s passion for cheap goods?An era of abundant low-cost imports faces a reckoning – but not necessarily an end – as the Trump tariffs take hold. America’s long pivot from thrift toward consumption is deeply ingrained. So are the economics of global supply chains.
Monitor's Best: Top 5
The Supreme Court has given Trump early wins. Now, it has to explain why.
Portland’s ICE office is already federally protected. So why is the National Guard needed?
Shutdown hits government workers already reeling from Trump’s cuts
Why Obamacare and health costs take center stage amid shutdown
Why Netanyahu had to say ‘yes’ to Trump’s ceasefire plan for Gaza
