European Commission President Ursula von der Leyen holds Former European Central Bank chief Mario Draghi's report on EU competitiveness and recommendations, as they attend a press conference, in Brussels, on Sept. 9, 2024.
The central problem, Draghi says in his report, is that the EU lacks a “foreign economic policy” that aligns the continent’s trade agenda with geopolitical realities. The report highlights Europe’s dependence on China for critical minerals and warns that some 40% of European imports are vulnerable to geopolitics-related supply interruptions. Europe’s trade openness, arguably one of its greatest economic assets, also leaves it vulnerable to unfair Chinese practices, such as subsidizing producers who can then undercut European ones.
How will artificial intelligence reshape the global workforce, and who will be ready for it? Speaking at the United Nations, Doreen Bogdan-Martin said the rapid growth of AI will transform jobs worldwide, making large-scale workforce training essential. “We’ve seen estimates that 170 million new jobs will be created; maybe 90 million jobs will be lost,” she said. “So how do we ensure that we’re prepared?”
AI is moving fast, but not everyone is moving with it. Inside the UN, global leaders debate how to close the widening AI divide.
Artificial intelligence isn’t just about innovation. It’s about access, infrastructure, and whether the benefits of a transformative technology will be shared or concentrated.
Women drove nearly 3x more job growth than men last year — but the story doesn’t end there. Wage momentum is slowing, and spending patterns are shifting. What does that mean for the broader economy? Explore the latest insights from Bank of America Institute.
Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.