Artificial intelligence is unleashing hysteria. Critics claim that autonomous weapons systems, white-collar obsolescence and ...

Peter Morici is a columnist for MarketWatch. He is an economist and professor at the Smith School of Business of the University of Maryland. Follow him on Twitter @pmorici1.

Gross domestic product growth was revised for the second quarter to 2.5 from 1.7 percent, because the trade deficit was much smaller than originally estimated and investments in inventory were ...

Peter Morici is a columnist for MarketWatch. He is an economist and professor at the Smith School of Business of the University of Maryland. Follow him on Twitter @pmorici1.

Peter Morici is a columnist for MarketWatch. He is an economist and professor at the Smith School of Business of the University of Maryland. Follow him on Twitter @pmorici1.

NEW YORK (TheStreet) — The government shutdown is proving less draconian than presidential warnings, but failing to raise the debt ceiling — and default would be another matter. So many government ...

The Commerce Department reported that consumer spending advanced 0.2 percent in March – much weaker than the 0.3 and 0.7 percent registered in January and February. Extraordinary year-end bonuses and.