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Automation, powered by artificial intelligence, is rapidly and profoundly transforming the American economy and its society, says MIT economist David Autor.

The former is becoming more obvious everyday, as companies increase their investment in robots -- electronic as well as mechanical. The latter, though, hasn't been much noticed, and even less reported on. Autor, himself, isn't certain how the transformation will evolve, though as he said in is keynote last month ...

When the June employment numbers are released Friday, economists are expecting a rebound from May's disappointing results.

Last month, the government reported 75,000 new jobs were created in May, less than half what analysts forecast. Bloomberg says the June number should be in the neighborhood of 160,000.

Looking for signs of where the economy is heading, labor economists and financial market will be paying close attention to the ...

Anyone who's actually read The Peter Principle will tell you that just because someone is incredibly good at their current job does not mean they will be good when promoted up the career ladder. As Google's Project Oxygen demonstrated, technical prowess was the least important of the 8 traits that make for effective managers.

Now comes a book that tells us that 50 years after the principle was first announced ...

A cultural shift is underway in the accounting profession, driven by market demands, digitalization and the influx of younger workers who have expectations toward work different from a firm's more senior members.

A recently released survey of 3,000 accounting professionals from North America, Europe and Australia examines the changes in accountancy and the underlying reasons for them. Writing in the foreward of the report sponsored by the accounting software ...

As artificial intelligence makes possible the automation of ever more complex jobs, companies are faced with deciding what to do with their displaced workers. Many are simply laying them off. Others, like Accenture, are reinvesting some of their automation savings into retraining.

Accenture, one of the world’s largest employers with 470,000 employees, will spend nearly $1 billion on training this year, with a sizable share going to retrain ...

The New York States legislature last week adopted a series of changes to New York's anti-harassment and discrimination laws. Expected to be approved by the Governor, the amendments expand the protections of employees to all businesses regardless of size and removes a defense to harassment claims long relied on by employers.

An alert issued Monday by the Seyfarth Shaw law firm details the changes cautioning employers that some of the ...

New research from Willis Towers Watson suggests it will be technology that differentiates alternative assets fund managers in the future.

To be sure, there are other ingredients to asset manager success. A strong culture, the ability and the willingness to accept and deal with change and well-positioned business models are among the six attributes that the report -- The asset manager of tomorrow -- says are "critical requirements to asset manager success ...