Yale Budget Lab
Coverage of Yale Budget Lab in the Nexus archive.
- Trump raises tensions with Canada by announcing new tariffs
The Trump administration announced new 50 percent tariffs on $20 billion of Canadian imports, accusing Canada of unfair discrimination against American autos, dairy products, and alcohol. The tariffs cover goods such as cement and hockey sticks.
- AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says
Deutsche Bank economist Jim Reid states AI's productivity gains are years away, with current data showing no significant economic impact. If AI fails to deliver, it could exacerbate global debt issues. Apollo's Torsten Slok warns of potential market repricing if AI investments underperform.
- One chart shows AI's jobs impact — and how it compares to other tech advances
Yale Budget Lab researchers found AI has a modest impact on the U.S. job market, comparable to past tech advances like the internet and computers. AI is altering job roles but not causing large-scale unemployment, with sectors like finance facing more disruption than nursing.
- Rock-bottom immigration rates leave mark on U.S. economy
President Trump's immigration crackdown is causing a significant slowdown in U.S. population and job growth, with economists warning of long-term productivity declines. Federal Reserve analysis and a Congressional Budget Office projection highlight reduced labor force growth, while a Yale study estimates a potential 4.6 million fewer working-age people by 2033 due to immigration reductions.