In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more industries adopted it and expanded operations. Over 160 years later, Jevons’ observation, now...
Watch more: Monday Conversation With EarnIn’s Ram Palaniappan Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
Allianz is planning to cut hundreds of jobs as it focuses on implementing artificial intelligence, Bloomberg News reported Wednesday (July 8), citing comments from CEO Tomas Kunzmann. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
American consumers are increasingly pessimistic about their job prospects, according to new Conference Board data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
July 13, 2026
Watch more: Monday Conversation With EarnIn’s Ram Palaniappan Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the […]
May 25, 2026
A growing share of hourly workers in the United States are encountering artificial intelligence on the job before they feel financially prepared for it. Get the Full Story Complete the...
May 21, 2026
When graduating seniors at the University of Arizona roundly booed a former Google CEO every time he mentioned artificial intelligence, the jeers annoyed the billionaire but failed to dent his...
May 15, 2026
Side hustles have moved from optional income enhancers to a routine feature of household financial management, reflecting a labor market where steady pay is no longer assured. Get the Full...
July 13, 2026
Artificial intelligence is transforming the economy, and now is the time to ensure that the technology benefits society, according to a statement signed by more than 200 economists and AI researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
July 08, 2026
Allianz is planning to cut hundreds of jobs as it focuses on implementing artificial intelligence, Bloomberg News reported Wednesday (July 8), citing comments from CEO Tomas Kunzmann. Get the Full...
July 06, 2026
American consumers are increasingly pessimistic about their job prospects, according to new Conference Board data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
July 06, 2026
Predictions about artificial intelligence-related job losses are switching from apocalyptic to optimistic, The Wall Street Journal reported Monday (July 6). Get the Full Story Complete the form to unlock this...