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The Latest Breaking News from Olivier Blanchard

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

Fortune

Big Tech On A Quest For Ideal AI Device

ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).

International Business Times

Corporations are forcing Americans to pay more for less – in their own words

Companies in the oil, hotel, meat and other sectors are price-gouging the US public. They’re not hiding it, either

The Guardian - US

From analysis to the latest developments in health,
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Mac Computers Could Ride AI Wave Or Be Left Behind

Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI computing -- or be left behind.

International Business Times

The Fiscal Hawks Were Right About Debt and Interest Rates

Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.

Reason

E-bike Craze In High Gear At CES Gadget Fest

Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow.

International Business Times

Business Trumps Politics For Chinese Companies At CES

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made.

International Business Times

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Britain can’t borrow at these high interest rates, so we must tax the rich

The days of cheap credit that could have fuelled long-term investment have gone. Now chancellors must find a different source of revenue

The Guardian - UK

Economics website is filled with racist and sexist speech, some blame top universities in cities like Chicago, Boston

New research indicates that users of the website Economics Job Market Rumors include individuals at top-tier colleges and universities, including Harvard, Stanford and the University of Chicago, and many others.

Chicago Sun-Times

Hate speech posted on economics website is traced to leading universities, research finds

Anonymous comments with racist, sexist and abusive messages that were posted for years on an an obscure, anonymous jobs-related website for economists originated from numerous leading U.S. universities, according to research released Thursday

The Independent UK

Alan Kohler: The RBA is fighting for its purpose … and its life

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

The New Daily

Higher Interest Rates Can Take a Long Time to Bring Down Inflation

The world's central banks face a nail-biting wait.

Bangkok Post

Jonathan Levin: Fed splits the difference on labor market pain

The Federal Reserve is inching toward acknowledging how painful its inflation fight is likely to be, but it’s still a lot closer to the optimists than the pessimists.

People

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