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April 30, 2026
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Category: Markets and Macro

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  • Markets and Macro

MIT says AI could replace 11.7% of U.S. jobs already

Grant Mercer5 months ago3 months ago023 mins

Artificial intelligence is no longer a distant disruptor waiting on the horizon, it is already capable of taking over a significant slice of work that people in the United States do every day. A new wave of research from MIT argues that existing systems could technically perform tasks now done by millions of workers, putting…

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Image Credit: Jaggery - CC BY-SA 2.0/Wiki Commons
  • Markets and Macro

Ford’s CEO warns AI will sideline white collar workers

Grant Mercer5 months ago3 months ago012 mins

Ford’s top executive is issuing one of the starkest warnings yet about artificial intelligence and the future of office work, arguing that the technology will gut large swaths of white-collar employment even as it supercharges corporate productivity. His message is blunt: AI will not just streamline back offices, it will fundamentally redraw who gets paid…

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  • Markets and Macro

Productivity is set to slump and AI won’t bail it out

Grant Mercer5 months ago3 months ago017 mins

Economic growth is about to lean heavily on productivity again, just as the numbers are poised to weaken and the much-hyped artificial intelligence boom is failing to deliver the lift its boosters promised. Instead of a clean efficiency revolution, early evidence shows AI adoption often slows workers down, clutters workflows and shifts gains into sales…

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  • Markets and Macro

Blue collar roles are shrinking under Trump

Grant Mercer5 months ago3 months ago011 mins

Blue-collar workers were supposed to be the winners of President Donald Trump’s economic agenda, yet the latest labor data show their foothold in the job market is eroding. Even as overall employment holds up, core industrial and manual roles are shrinking, leaving the very workers Trump has courted facing fresh insecurity. The trend is not…

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Image Credit: Gage Skidmore from Peoria, AZ, United States of America - CC BY-SA 2.0/Wiki Commons
  • Markets and Macro

Andrew Yang warns AI could erase 40M jobs in 10 years

Grant Mercer5 months ago3 months ago015 mins

Andrew Yang spent years warning that automation would hollow out the American labor market. Now he is sharpening that alarm around artificial intelligence, arguing that rapidly improving systems could erase roughly 40 m jobs within a decade if the country does not change course. I see his latest warning not as a sudden pivot, but…

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  • Markets and Macro

US manufacturing slump deepened in November

Grant Mercer5 months ago3 months ago015 mins

U.S. factories ended the autumn on a weaker footing, with fresh data showing that the manufacturing downturn intensified in Nov as new orders, production and sentiment all slipped further into contraction territory. The slump, now deeply entrenched, is rippling through supply chains that stretch from Midwestern metal shops to coastal electronics plants, raising new questions…

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  • Markets and Macro

Trump says cheaper gas is on the way

Grant Mercer5 months ago3 months ago015 mins

President Donald Trump is promising drivers that relief at the pump is just around the corner, casting cheaper gasoline as proof that his energy agenda is working. The political stakes are obvious: if prices fall fast enough, he can argue that his economic strategy is delivering in real time for commuters, truckers and families planning…

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RDNE Stock project/Pexels
  • Markets and Macro

A hidden financial bubble may be ready to pop

Grant Mercer5 months ago3 months ago013 mins

Market optimism in late 2025 is colliding with a growing sense that something in global finance is dangerously stretched. Valuations, leverage and speculative narratives are converging in ways that echo past manias, yet the most fragile pressure points are not always where investors are looking. The most precarious risks are building in the plumbing of…

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  • Markets and Macro

Americans are reshaping spending and these trends matter

Grant Mercer5 months ago3 months ago017 mins

American households are quietly rewriting the rules of everyday spending, trading impulse buys and status symbols for value hunting, digital payments, and more deliberate choices. Those shifts are already reshaping how retailers price goods, how banks design products, and how brands talk to a consumer base that is more cautious but still willing to spend…

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Image Credit: Gage Skidmore - CC BY-SA 3.0/Wiki Commons
  • Markets and Macro

Mike Rowe says the real crisis is the will to work

Grant Mercer5 months ago3 months ago016 mins

Mike Rowe has spent years arguing that America’s biggest labor problem is not a lack of jobs but a shortage of people willing, or prepared, to do them. As employers struggle to fill roles that keep the country running, his warning about a crisis of work ethic and skills has moved from cable television curiosity…

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