2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Aluminum Supply Shock: Top Gulf Producer Halts Operations After Iran Strike, Price To Spike Over the weekend, both Emirates Global Aluminum (EGA) - the largest aluminum producers in the Gulf - and Aluminium Bahrain (ALBA) reported drone attacks damaging smelting facilities after hits on Iranian steel infrastructure last week. Neither company (at the time) confirmed whether supply will be impacted, but this morning the worst case appears to be confirmed with Reuters reporting that according to a Wednesday note by consultancy Wood Mackenzie "EGA's Al Taweelah facility in the United Arab Emirates halted...

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

What 122 Universal Basic Income Experiments Actually Show Authroed by Vance Ginn via the Daily Economy, Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check. Image Credit: Shutterstock That makes for a catchy headline. It also makes for terrible economics. The right question is not whether AI...