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AI Reshaping US Jobs But Not Yet Triggering Mass Unemployment, Says European Central Bank
AI Reshaping US Jobs But Not Yet Triggering Mass Unemployment, Says European Central Bank
Authored by Owen Evans via The Epoch Times,
Artificial intelligence (AI) has begun shifting American workers away from occupations most vulnerable to automation, but its overall effect on U.S. employment and wages still remains “muted,” according to a European Central Bank study released on Monday.
U.S. companies have been investing heavily in AI in recent years amid predictions that humans will be replaced at increasing rates.
According to the European Central Bank (ECB) Economic Bulletin article, certain workers, especially...
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May 21, 2026 / Tyler Durden
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
On the back of a small uptick in homebuilder confidence (though still languishing)...
...Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)...
The pace of starts and permits on a SAAR basis has remained flat for four years...
Multi-family unit starts and permits soared in April...
As single-family home starts stagnate...
It appears builders believe that 'Renter Nation' is on its way back.
...
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Jun 22, 2026 / Tyler Durden
Getty Images Soars After Securing "Display Agreement" With OpenAI
Getty Images Soars After Securing "Display Agreement" With OpenAI
Getty Images shares jumped 141% in New York premarket trading after the company announced a "display agreement" with OpenAI.
The timing could not have been better for Getty, whose stock had been languishing this year, down roughly 55% before the announcement.
For a company in need of a sentiment boost, the new partnership with OpenAI, which allows Getty content to be displayed in ChatGPT visual responses and gives users richer, higher-quality, properly licensed imagery, is reviving investor sentiment.
About 17% of Getty's float is...
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Apr 8, 2026 / Dave DeCamp
Report: Trump Considers Pulling Troops Out of NATO Countries Deemed ‘Unhelpful’ to Iran War Effort
The Trump administration is considering a plan to “punish” NATO countries that the president has deemed “unhelpful” to the US-Israeli war effort against Iran, The Wall Street Journal reported on Wednesday. The potential plan would involve withdrawing US troops from those NATO countries and placing them in the territory of other allies that the administration […]
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