Canva to reorganize its operations, affecting 22% of its workforce as growth slows
Canva is reorganizing its business, a move that affects 1,271 employees—about 22% of its workforce—as the design software company responds to slower growth and shifts in the technology sector. The changes include job cuts, revised responsibilities, relocation requests and a stronger emphasis on working together in person. Canva has not said how many employees will […]
It Turns Out AI Is Hitting Job Growth Harder Than Expected
Research from Goldman Sachs, released on Monday, indicates that industries increasingly embracing artificial intelligence are witnessing slower employment growth and higher unemployment rates. The Chief Economist at Goldman Sachs, Jan Hatzius, pointed to significant correlations between AI adoption and declining labor market conditions within U.S. nonmanufacturing industries in a report titled “Global Views: Downside Growth […]
Sources of GDP Growth: Investment Surge Fuels U.S. Economy Despite Technology Sector’s Reliance on Imports
Economic growth in the third quarter was fueled by a jump in business investment, rising inventories, and solid consumer spending, despite a significant setback from international trade tied to the U.S.’s reliance on tech imports. According to the Commerce Department, gross domestic product expanded at an annualized rate of 3.4 percent from July to September. […]
U.S. GDP Growth Increased to 3.4% in the Third Quarter
Economic Growth Surpasses Expectations in Third Quarter Strong business investment and steady consumer spending were key factors behind unexpectedly high economic growth in the third quarter. The Commerce Department announced that the gross domestic product (GDP), which measures all produced goods and services, increased at an annual rate of 3.4 percent from July to September. […]
Central Bank Keeps Interest Rates Unchanged During Robust Growth and High Inflation
The Federal Reserve Keeps Interest Rates Steady The Federal Reserve decided to maintain its benchmark interest rate on Wednesday. This keeps the federal funds rate within a range of 3.75 to 4.0 percent, which was established in the previous meeting in September. According to a statement released after the two-day meeting, the Fed noted, “Economic […]
Former RNC spokesperson Elizabeth Pipko starts US program for News24 as worldwide growth accelerates
News24, an Australian network, is stepping into the US political media scene with a new opinion show called “Made in America,” hosted by Elizabeth Pipko, who previously served as a spokeswoman for the Republican National Committee. The network reports that the show has already captivated over 8 million viewers on YouTube. Since its debut on […]
The Strange Fight Against America’s Manufacturing Growth
It’s Getting Harder for the Media to Hide America’s Manufacturing Boom The revival of the American manufacturing sector was evident again in the Census Bureau’s release of durable goods data this week. New orders have surged by 8.0 percent year-to-date through September. Core capital goods orders, excluding defense-related items and aircraft, are up 10.9 percent. […]
Major Technology Companies Supporting Their AI Growth, Prompting Concerns About Who Takes on the Risk
AI Chipmakers Seek to Fund Growth via Investments Major players in the artificial intelligence chip market are gearing up to finance the companies that are buying their products. Recently, Meta announced a $95 billion fundraising initiative, indicating a growing web of investment ties that are fueling the AI boom. According to a filing with the […]
Duolingo faces class-action lawsuit claiming AI initiatives and constant ads hinder user growth
The well-known language-learning platform, Duolingo, is currently facing a class-action lawsuit. The complaint alleges that the company’s executives misled investors regarding their monetization strategies and artificial intelligence initiatives, which reportedly alienated some users. Those who purchased Duolingo shares between May 2, 2025, and February 26, 2026, are qualified to join the lawsuit initiated by Levi […]
3 Excellent Growth Stocks to Purchase and Keep for a Decade
Investing in AI: A Long-Term Opportunity Building significant wealth over a decade often hinges on investing in companies that benefit from enduring trends. Right now, one of the most prominent trends is in artificial intelligence (AI) spending. According to research firm Gartner, global AI expenditure is projected to soar to approximately $2.7 trillion by 2026, […]