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Tag: Economic Trends

US Trade Deficit Widens as July Imports Surge, Port of Long Beach CEO Offers Economic Insight

US Trade Deficit Widens as July Imports Surge, Port of Long Beach CEO Offers Economic Insight

US Trade Deficit Widens as July Imports Surge, Port of Long Beach CEO Offers Economic Insight The United States experienced a significant widening of its trade deficit in July, reaching a four-month high. This surge comes as US imports rose by nearly 6% during the same period, according to the latest figures released by the US Department of Commerce. Mario Cordero, Chief Executive Officer for the Port of Long Beach, provided expert commentary on these trends. Joining Market Catalysts host…

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Stanford Study Ignites Fierce Debate: Is AI or Economic Shifts Driving Youth Job Decline?

Stanford Study Ignites Fierce Debate: Is AI or Economic Shifts Driving Youth Job Decline?

Stanford Study Ignites Fierce Debate: Is AI or Economic Shifts Driving Youth Job Decline? A recent Stanford Digital Economy Lab study, released in 2025, claiming evidence that artificial intelligence is destroying jobs for young people has sparked a heated debate across the tech community. While the paper suggests a link between AI exposure and a decline in youth employment, particularly for entry-level roles, critics argue that the narrative is overly simplified and fails to account for a multitude of other…

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