The rise of artificial intelligence has renewed fears about the implications of widespread automation. But what if the real concern isn’t AI taking away workers’ jobs, but their sense of purpose? Pay and Purpose For many Americans, work isn’t just a means to an end. To be sure, money and benefits are an important part…Read more
The Case for September Rates remained unchanged, and the expectation for the Fed’s first rate cut to occur in September remained in place. Much of Jerome Powell’s commentary this year has centered around wanting “more confidence” that inflation was moving sustainably toward the Fed’s 2% target. Today, he stated that data from the second quarter…Read more
Last week, during the opening ceremony of the 2024 Summer Olympics in Paris, as athletes, celebrities, and fans converged on the River Seine, it was hard to imagine not wanting the Olympic Games in your city. But pride doesn’t pay for new stadiums, public transportation, and living quarters for athletes. In fact, hosting the Olympic…Read more
