Economy

Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF

Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out

She’s 14 and she’s moved 26 times. The US housing crisis has families like hers ‘running in place’

Outside Atlanta, the Godfreys are caught in a cycle of job loss and eviction. That stress has implications for the kids

How a smaller IRS, budget cuts may impact 2026 tax filing: 'Buckle your seatbelts,' one expert says

IRS staffing and budget cuts could impact the 2026 tax filing season. Here's what taxpayers need to know.

JPMorgan upgrades consumer goods stock on confidence in second-half acceleration

JPMorgan sees shares of Procter & Gamble rising 11% from current levels.

Jim Cramer's top 10 things to watch in the stock market Friday

Stocks pointed to a lower open after the major U.S. averages posted back-to-back gains.

Bank of Japan raises economic growth forecasts ahead of snap election, holds rates at 0.75%

The BOJ also upgraded its GDP forecast for the 2025 fiscal year to 0.9%, and also raised its GDP projection for the 2026 fiscal year to 1% from 0.7%.