Tag Archives: Economic

Automation and Jobs Read our latest special issue. Open Now The recent 5G spectrum auction that raised $ 3.3 billion for the French government would seem to be a win for a country still mired in the destructive economic and health effects of the pandemic. Instead, France finds itself at …

Automation and Jobs Read our latest special issue. Open Now AI has the potential to improve human lives and a company’s bottom line, but it can also accelerate inequality and eliminate jobs during the worst U.S. recession on record since the Great Depression. It’s that dual promise and peril that …

In recent weeks, Biden has unveiled a series of proposals to restart the stalled U.S. economy, which has seen a sharp downturn due mainly to the COVID-19 pandemic. More than 30 million people in the United States are currently collecting unemployment benefits. The economy added nearly five million jobs in June, …

The human health care system has struggled financially through the coronavirus pandemic, losing billions from the cancellations of lucrative elective operations as patients were first told to stay away from hospitals and then were leery of setting foot in one. The canine and feline health system, though, is booming. “It’s …

Here’s what you need to know: At 5 million cases, the U.S. has passed another coronavirus milestone. With Congress at an impasse, Trump signs actions for another round of economic aid. Universities make reopening plans, and parents see tough choices no matter what. Motorcycles fill the streets of Sturgis, S.D., …

Newly elected Member of Parliament of Sengkang GRC Jamus Lim is among 6 individuals elected to Economic Society of Singapore’s council. Five other new council members were announced, namely — Credit Suisse team leader Kent Choi, Dean of NTU Business School Professor Christina Soh, head of the NUS economics department …

Blue Planet Studio / Shutterstock.com The coronavirus pandemic has upended lives and livelihoods and will leave long-lasting damage to the U.S. economy, analysts warn. The Brookings Institution think tank predicts that people will travel less, businesses will space workers and customers apart, restaurants will serve fewer customers at once and …

(Reuters) — Alphabet’s Sidewalk Labs has pulled the plug on its Toronto “smart city” project, citing “unprecedented economic uncertainty” in a setback for the city’s long-planned waterfront revitalization. Sidewalk Labs had developed a proposal for a futuristic, data-driven city development along Toronto’s downtown lakeshore. It was working with a government-mandated …

Magic Leap just announced its intention to focus on the enterprise market, after years of branding itself as a consumer device company. The corporate press release blamed COVID-19 for the required pivot, and nearly 1,000 employee have been laid-off; almost half its workforce. However, this shift toward the enterprise market is …