Sunday, June 28
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Economy

In brief

In brief

Students working in a computer lab
Economy 3 d

Big Tech Pledges Hundreds of Millions to Retrain Workers as AI Cuts Jobs

  • Meta and Google have together committed more than $160 million in recent weeks to train American workers — much of it for the skilled-trade jobs needed to build AI data centers — even as big technology companies cut tens of thousands of roles to fund their AI push.
  • Economists question whether such programs reach the workers AI is actually displacing.

In brief

In brief

Economy news — inflation, central banks and jobs

The Economy section brings together the data and decisions shaping the world economy: inflation and growth, interest rates and central banks, employment, trade and the policy choices of governments. We keep you up to speed on what hits your wallet and the wider outlook.

We explain the economy in plain language, so you understand what is behind the numbers and how decisions by central banks, governments and companies show up in everyday life — in mortgage rates, the price of groceries and the outlook for your line of work.

The economy ties into the bigger picture — follow also markets, companies and personal finance.