Hacker News with Generative AI: Economy

A small violin part highlights bigger problems for the global economy (nytimes.com)
As the Trump administration advances a trade war with global consequences, the Kun Shoulder Rest factory in the Canadian capital does not immediately stand out as the front line.
Economy, Trade, International Relations, Canada
45 points by perihelions 10 hours ago | 80 comments
Trump and Musk have ushered in the era of cataclysm capitalism (theguardian.com)
Everything is moving too fast. The Trump-Musk administration is tearing through US government, universities and health organisations, firing tens of thousands of employees, eliminating billons in funding. The scope and speed of the attack is dizzying. It is almost impossible to keep up with the ongoing destruction, let alone to organise the resistance. None of this is accidental.
Politics, Economy, Social Impact
12 points by rbanffy 11 hours ago | 7 comments
Trump is making Europe great again (vox.com)
The US economy once looked unstoppable, while Europe’s looked doomed. Not anymore.
Politics, Economy, International Relations, Europe, United States
25 points by lr0 2 days ago | 16 comments
America Has Never Been Wealthier. Here's Why It Doesn't Feel That Way (nytimes.com)
America is more prosperous than ever.
Economy, Wealth, Inequality, Perception, United States
11 points by littlexsparkee 2 days ago | 3 comments
Trump Turmoil Has Macron Eyeing Euro Challenge to Dollar (bloomberg.com)
Donald Trump has piqued European leaders’ interest in currency markets.
Politics, Economy, International Relations, Currency
10 points by JumpCrisscross 3 days ago | 1 comments
Over 4M Gen Zers are jobless–experts blame worthless degrees and broken promises (fortune.com)
Over 4 million Gen Zers are jobless—and experts blame colleges for ‘worthless degrees’ and a system of broken promises for the rising number NEETs
Economy, Education, Gen Z, Labor Market
11 points by amichail 7 days ago | 9 comments
Florida to consider relaxing child labour laws to fill vacant jobs (euronews.com)
Florida’s state’s legislature is debating a bill on Tuesday that would relax child labour rules and allow minors as young as 14 years old to work overnight on school days.
Florida, Child Labor, Labor Laws, Economy
25 points by martin_a 8 days ago | 12 comments
It is practically impossible to find a freelance project these days (ycombinator.com)
It is practically impossible to find a freelance project these days
Freelance, Job Market, Economy
20 points by pyeri 11 days ago | 33 comments
Programmer vs. Developer: 1 in 4 programming jobs have vanished (msn.com)
More than a quarter of all computer programming jobs have vanished in the past two years, the worst downturn that industry has ever seen.
Programming, Job Market, Technology, Economy
13 points by jnord 11 days ago | 4 comments
LA Faces $1B Budget Hole, Warns of Layoffs (bloomberg.com)
Los Angeles is facing a projected deficit of nearly $1 billion in the next fiscal year as the city grapples with the aftermath of historic wildfires and a deep decline in revenue.
Finance, Government, Los Angeles, Economy
6 points by petethomas 13 days ago | 0 comments
For Many of America's Aging Workers, 'Retirement Is a Distant Dream' (time.com)
Walter Carpenter walks across the ski resort’s dining room on a knee that needs to be replaced and a hip that’s going bad. Lumbering into the kitchen, he deposits a brown bin of dirty dishes on a counter before heading back out to collect more bowls of half-eaten tomato soup and plates littered with sandwich crusts. “One foot in front of the other,” he jokes to kitchen prep worker Kim Hopper, 72, as they pass each other.
Retirement, Aging, Labor, Economy, Social Issues
94 points by geox 14 days ago | 57 comments
Yet another way the poor are subsidizing the rich: Credit Cards (theatlantic.com)
The American consumer is tapped out. Grocery prices are bananas, housing prices are obscene, out-of-pocket medical expenses are absurd, and child care is impossible to afford, if you can find it. To keep up with the basics, let alone the Joneses, American consumers have been charging more and more to their cards.
Economy, Finance, Credit Cards, Social Inequality
12 points by fortran77 14 days ago | 3 comments
DOGE USDA Cuts Could Cause US Grocery Price Inflation, Invasive Species Spread (wired.com)
Thousands of US Department of Agriculture employees, including food inspectors and disease-sniffing-dog trainers, remain out of work, leaving food to rot in ports and pests to proliferate.
Government, Agriculture, Economy, Food Safety
10 points by rntn 15 days ago | 0 comments
The good times in tech are over (seangoedecke.com)
For most of the last decade, being a software engineer has been a lot of fun. Every company offered lots of perks, layoffs and firings were almost unheard of, and in general we were treated as special little geniuses who needed to be pampered so we could work our magic. That’s changed in the last two years.
Software Engineering, Technology Industry, Labor Market, Economy
185 points by swah 18 days ago | 252 comments
The Hot Girl Economy (substack.com)
Social Media, Culture, Economy
29 points by guildwriter 18 days ago | 0 comments
Experts warn about the 'crumbling infrastructure' of federal government data (npr.org)
Unstable funding for federal statistical agencies such as the Census Bureau and the Bureau of Economic Analysis, both based in Suitland, Md., is putting at risk the government statistics the U.S. uses to track changes in the country's economy and population, officials and data users warn.
Government, Data, Economy, Census, Statistics
99 points by xnx 19 days ago | 33 comments
Was Sam Altman Right About the Job Market? (theatlantic.com)
Tech companies are unleashing AI products that do much more than answer questions.
Artificial Intelligence, Job Market, Technology, Economy
12 points by petethomas 19 days ago | 5 comments
Wall Street is turning its back on Trump and flashing an economic warning (cnn.com)
Politics, Economy, Business
15 points by jamarna 19 days ago | 1 comments
Tell HN: An ode to the lost magic of the 2010s ZIRP startups (ycombinator.com)
It really is incredible how suddenly the world changes. Many of us are now unemployed, facing layoffs, taking salary cuts and enduring grueling work environments to try and get through the worst tech recession since 2008.
Tech Industry, Economy, Startups, Recessions
22 points by rizs12 19 days ago | 3 comments
Older Americans Taking Blue-Collar Jobs, White-Collar Hiring Slowdown (businessinsider.com)
Locked out of their white-collar careers, older Americans turn to blue-collar jobs and side hustles
Labor Market, Ageism, Economy, Workforce, Retirement
19 points by wallflower 20 days ago | 7 comments
The U.K. Pivot to AI Is Doomed from the Start (foreignpolicy.com)
The United Kingdom’s Labour government believes that this is not merely possible, but vital. The AI Opportunities Action Plan intends to spend billions of British pounds putting artificial intelligence into every corner of the public sector in the hope for unparalleled efficiency and to save a fortune in staffing costs. Tedious administrative paperwork will be passed to machines. Prime Minister Keir Starmer promised the plan will bring “a decade of national renewal.”
Artificial Intelligence, Government, Public Sector, UK, Economy
7 points by SideburnsOfDoom 22 days ago | 2 comments
Why data on the economy doesn't match our feelings (marketplace.org)
Leading up to the election, economic figures said the economy was doing pretty well and inflation was slowing down significantly. Yet a lot of people just didn’t feel it.
Economy, Inflation, Perception, Data, Politics
41 points by toomuchtodo 22 days ago | 20 comments
How the US economy went from booming to a recession scare in only 20 days (cnn.com)
Economy, Recession, United States
28 points by speckx 22 days ago | 6 comments
America Is Missing The New Labor Economy – Robotics Part 1 (semianalysis.com)
This is a Call for Action for the United States of America and the West. We are in the early precipice of a nonlinear transformation in industrial society, but the bedrock the US is standing on is shaky.
Robotics, Labor Economics, Automation, United States, Economy
268 points by lasermatts 23 days ago | 418 comments
Wall Street sell-off turns 'ugly' as US recession fears grow (independent.co.uk)
A sell-off across US markets has continued as investor sentiment soured amid growing fears that the world’s largest economy is facing a recession.
Economy, Finance, Recession, Stock Market
166 points by hjjkjhkj 23 days ago | 171 comments
Daylight saving time and early school start times cost billions (theconversation.com)
Daylight saving time and early school start times cost billions in lost productivity and health care expenses
Economy, Health, Education, Time Management
30 points by pseudolus 26 days ago | 11 comments
Canadian leisure travel to U.S. down 40% in February, Flight Centre says (globalnews.ca)
Tariff and annexation threats by U.S. President Donald Trump combined with a weak Canadian dollar have Canadians crossing the United States off their list of travel destinations.
Travel, Canada, United States, Economy
17 points by djkivi 26 days ago | 1 comments
The job market may be tougher than it looks on paper (marketplace.org)
The first jobs report of the second Donald Trump administration comes out Friday. So far, we know that weekly jobless claims dropped last week, according to data from the Labor Department, and the number of people continuing to file for unemployment benefits reached nearly a three-year high — showing it’s taking workers longer to find new jobs.
Economy, Labor Market, Job Market, Unemployment
10 points by toomuchtodo 26 days ago | 1 comments
The U.S. dollar is still the currency – but maybe not for much longer (morningstar.com)
Concerns are rising about the sustainability of U.S. government debt and spending
Economy, Finance, United States
13 points by garspin 27 days ago | 3 comments
GDP shock: Venture Capital's government bailout begins (nextwave.partners)
As GDP contracts, venture capital abandons private markets for government funding, rebranding struggling startups as "strategic assets" to capture Trump's new sovereign wealth fund. A new innovation model emerges where political connections matter more than business fundamentals.
Venture Capital, Government, Economy, Startups
29 points by dollar 27 days ago | 21 comments