A recent Federal Reserve Bank of New York (New York Fed) study reveals that while the use of artificial intelligence (AI) among businesses has grown significantly over the past year, very few companies have carried out AI-related layoffs.
The study, which examined firms in New York and Northern New Jersey, asked companies whether they had implemented AI and made any changes to their workforce.
Findings show a notable increase in AI adoption, yet workforce reductions linked to AI remain rare.
In the service sector, 40% of companies reported using AI this year, up from 25% last year, with 44% planning to adopt AI within the next six months.
Manufacturing firms also saw growth in AI use, rising from 16% last year to 26% this year. Around one-third of all companies surveyed said they plan to introduce AI in the coming six months.
Türkiye’s Foreign Minister Hakan Fidan said on Friday that U.S. President Donald Trump is the only leader capable of exerting real pressure on Isra...
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and...
The U.S. military carried out a strike on a vessel suspected of narco-trafficking in the Eastern Pacific on Friday, killing two people and leaving one...
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Af...
Russia and China said on Friday they oppose what they described as Western efforts to militarise the Asia-Pacific region, vowing closer coordination w...
Türkiye’s Foreign Minister Hakan Fidan said on Friday that U.S. President Donald Trump is the only leader capable of exerting real pressure on Israel to halt its military actions in Gaza, arguing that Trump can act independently if he chooses.
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and air assets into the Middle East amid rising tensions.
The U.S. military carried out a strike on a vessel suspected of narco-trafficking in the Eastern Pacific on Friday, killing two people and leaving one survivor, U.S. Southern Command said.
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Afghanistan, saying the comments wrongly diminish the sacrifice of British and allied troops and should be followed by an apology.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
In the snowy peaks of Davos, where the world’s most powerful leaders gather for the 56th World Economic Forum, a new narrative is emerging that challenges the current dominance of artificial intelligence (AI).
NATO’s new 5% of GDP defence pledge shows renewed unity and focus on collective security, Deputy Secretary General Radmila Shekerinska told AnewZ in an exclusive interview. It came as U.S. President Donald Trump used his WEF address to again claim credit for pushing allies to lift defence spending.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
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