When people imagine what the future of work will look like, artificial intelligence and automation often come to mind. But the most revolutionary transformation for workers might lie in switching to a shorter, four-day workweek, two BC professors say.
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The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal Reserve will not rush to lower interest rates. Australia's dollar weakened after data showed an unexpected decline in employment. The yen was a notable underperformer, as it tends to move in the opposite direction of U.S. long-term yields, which also touched a one-month high overnight as dovish Fed bets receded.