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7 mins read

Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages

The cloud giant's predicament highlights broader tech industry challenges as generative AI upends t…

Eugene Kim   


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3 mins read

Russia's defense industry has a massive labor shortage. Rules on what jobs women can do are part of the issue.

Russia's defense industry is short tens of thousands of skilled workers, and 1970s laws on what job…

Mia Jankowicz   


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2 mins read

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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7 mins read

A battle over the future of US retirement is playing out in Pennsylvania as the election looms

Pennsylvania is among the top states with the fastest-growing older population. It sets the stage f…

Ayelet Sheffey   


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3 mins read

I'm a first-generation funeral director. The industry is facing a labor shortage and young women are its future.

Once male-dominated, the funeral industry is undergoing a major shift. Gen Z and millennial woman a…

Lauren Edmonds   


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3 mins read

Remember the labor shortage? Immigrants are helping to fix it.

Immigrants are responsible for almost all US job growth over the past year. They're why the labor s…

Jacob Zinkula,Andy Kiersz   


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4 mins read

Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet

TSMC's US chip production for Apple is "a success story," said an analyst. And it's key to the Bide…

Jacob Zinkula,Alistair Barr   


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3 mins read

There are 2 things that could go wrong for the US economy and spark a recession, Morgan Stanley says

The potential for more tariffs after the election is one threat to the economy, which otherwise loo…

Jennifer Sor   


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3 mins read

Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas

Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…

Ayelet Sheffey,Juliana Kaplan   


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4 mins read

The job market may be strong, but tell that to anyone looking for work or feeling stuck

The strong job growth in September doesn't mean everything is wonderful for those wishing to find a…

Madison Hoff,Juliana Kaplan   


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2 mins read

Putin wants to crack down on immigration after the Moscow attack. That would make the nation's labor shortage even worse.

Russia has up to 5 million migrant workers currently in the country, Bloomberg Economics estimated.

Jennifer Sor   


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2 mins read

Russia is facing a 'time bomb' at the heart of its economy, economist says

"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …

Jennifer Sor   


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5 mins read

A trifecta of global crises could snarl supply chains and increase prices

A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…

Eliza Relman   


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5 mins read

The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race

Biden has said he won't stop the dockworker's strike. But if the strike stretches on for weeks, it …

Juliana Kaplan,John L. Dorman   


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3 mins read

The US dockworkers strike is here, and it's impacting more than just packages

The US port strike could have far-reaching impacts on the economy. Here's what a prolonged standoff…

Alex Bitter   


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4 mins read

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


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2 mins read

Russia's economy is signaling a fate worse than recession

Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…

Filip De Mott   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


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7 mins read

The forever labor shortage is pitting parents and their childfree coworkers against each other

Childfree workers are sometimes left to pick up the slack of parents. They blame their employers.

Juliana Kaplan   


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3 mins read

How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO

Declining US fertility rates and an aging workforce make immigration reform an "economic necessity,…

Christine Ji