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Yahoo
21 minutes ago
- Yahoo
US Treasury Secretary Bessent says ‘formal process' for Powell successor has started, Bloomberg News reports
(Reuters) -U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell. "There are a lot of great candidates, and we'll see how rapidly it progresses," Bessent said. Bessent also said it would be confusing for Powell to remain at the Fed after his term as chair ends.
Forbes
22 minutes ago
- Forbes
3 AI Jobs That Pay $100,000+ And Don't Require A Degree
You can either allow yourself to get crushed by AI, or leverage it to further your career getty Glassdoor and Indeed just announced about 1,300 employees being laid off. Let that fully sink in. The companies we look to as the gatekeepers of the job market, to help us find work and enable us to recover from layoffs, are themselves suffering the effects of automation. Even these platforms are not immune to being hit with AI-induced layoffs. So the question is, are you going to wait for the pink slip, or will you position yourself at the forefront of the AI wave and use it to make money and boost your career? Within this article, you'll learn: Which AI jobs pay over $100,000 The skills you need to land AI jobs How to land an AI job without a degree Where to learn AI skills for free, and relatively inexpensive AI courses/certificates Here's how to get hired: Which AI Jobs Pay Over $100,000 Without A Bachelor's Degree? Here are a few AI-powered roles that are in high demand right now and pay extremely well: 1. AI Consultant What you'll do: You'll support, train, strategize, and advise companies on effective and ethical AI implementation and integration for their workflows and teams. How much it pays: A single AI consulting project (as a freelancer) can pay as much as $150,000 and above How to break into AI consulting: Build a solid technical foundation through undertaking AI, machine learning, and and data science-related courses Focus on applying AI to real-life business problems and build your own use cases Create a live LinkedIn portfolio that showcases your projects, what you're discovering and learning, and how you're using AI to transform niche business challenges 2. AI Content Writer/Creator/Strategist What you'll do: You'll be focused on training LLMs, ensuring factual quality and accuracy in AI outputs, and/or this role could involve optimizing AI-generated content to align with a brand's voice while ensuring it doesn't sound overly robotic; as an example of what this role would look like and what's required, Amazon is currently hiring for an AI content writer. How much it pays: Between $83,000 to $189,000, according to ZipRecruiter How to break into AI content writing: Ensure you have a robust copywriting/editing background Define your areas of expertise so you can easily work with AI-generated content for specific subject matter Have experience collaborating with AI for producing written content 3. No-Code AI App Developer What you'll do: Use drag-and-drop interfaces on no-code app development platforms to build and manage AI-powered applications, without needing to code or do manual programming. How much it pays: $103,571 on average How to break into no-code app development: Build a solid technical background through microcredentials and courses, so you have awareness and knowledge of user experience, technical concepts, etc., even though you're not coding Create practice projects and use these as your portfolio Offer your services on Fiverr or other freelance marketplaces to expand your portfolio and find your niche What Skills Do You Need For High-Paying AI Jobs? To secure a high-paying job in the AI space, you'll need a mix of technical and power skills, which have been referred to as hard and soft skills in the past. Some of the core skills required, according to Forbes, include: Prompt engineering Data analysis Machine learning concepts AI fluency and literacy Critical thinking Strong communication skills Subject matter expertise AI Integrity and ethics You can read a full list of top AI skills to learn and add to your resume in this recent Forbes article. Where Can I Learn AI Skills For Free? If you're on a shoestring budget or watching your pennies closely because you're worried about the possibility of a layoff sweeping away all your hard-earned savings, here are some places where you can learn in-demand AI skills for free so you can rebuild your career: freeCodeCamp Google Simplilearn Microsoft edX IBM SkillsBuild How Can You Get A High-Paying AI Job Without A Degree? To secure a high-paying role it today's economy, the quickest and most efficient way to achieve this (including with reduced debt) is through microcredentials (short training courses, usually held online). Microcredentials are effective because: They enable you to grasp technical concepts and learn the core elements of a skill within months. They tend to be very much hands-on and project-based instead of theory-focused. This makes them extremely relevant and attractive to employers, who favor candidates that possess microcredentials, leading to a 94% boost in hiring success. Other than undertaking short courses, some other steps you can take to secure a high-paying AI job, even without a degree, include: Strategically expanding your network with key decision-makers who are targeted Continuously refreshing and updating your professional learning Building your portfolio in public Having a well-optimized LinkedIn profile Positioning yourself as business problem-solver, for a specific niche/department/industry Seeking mentorship from those already making money through AI and learning from/closely connecting with experts in your field Employers in 2025 look for a portfolio and evidence of continuous learning even more than they seek ... More degree qualifications getty That degree you don't have? Irrelevant. Companies care more about your skills, results, and evidence of continuous learning. So, what are you doing now to stand out in a crowded job market? What will you do today to begin riding the AI wave, instead of allowing it to wipe you out? You can decide that for yourself. Or you can read this and scroll on.
Forbes
22 minutes ago
- Forbes
A Fed Nightmare Is Suddenly Coming True Just As Bitcoin Hits Another All-Time High Price
Federal Reserve chair Jerome Powell is under fresh pressure from the White House and U.S. president Donald Trump whose continued attacks on Powell over interest rates have raised the possibility of "regime change" at the Fed. The Trump administration is now investigating the Fed's $2.5 billion renovation project as a possible route to forcing Powell to step down or as a reason for Trump to fire him, with Axios reporting Powell has asked the central bank's inspector general to review the project that's led to questions he may have misled Congress in his testimony regarding the renovation. Trump has raised the possibility he could remove Powell before his term is up next year, though no one is quite sure if he has the authority to do so. National Economic Council director Kevin Hasset told ABC News the president's possible power to fire Jerome Powell is 'being looked into ... but certainly if there's cause, he does.' "Frankly, it's about breaking some heads," former Fed governor Kevin Warsh, one of the front-runners to be named as Powell's replacement, told Fox News, adding the Fed "has lost its way" and said it was time for 'regime change.' The odds on Trump "removing" Powell on the crypto-powered PolyMarket prediction platform have climbed in recent weeks from lows of under 10% in June to over 20% this week. The new Fed chair, appointed by Trump either this year or once Powell's term ends in 2026, is widely expected to be supportive of lower interest rates. The bitcoin price has repeatedly hit fresh all-time highs through 2025, silencing those who claimed its historical 13-year run to 2022 was the result of the global zero interest rate policy (ZIRP) that followed the 2008 financial crisis. - Many of the most bullish bitcoin traders and investors have, however, predicted the bitcoin price will climb at a faster rate if or when the Fed does begin to lower interest rates, something that encourages cash to flow more quickly through the economy. The Fed kept interest rates on hold again last month after kicking off a reduction cycle in September that's been put on pause due to fears Trump's global trade tariffs could see a return of inflation—with critics pointing to the pre-election reduction and post-election pause as evidence of political bias. - For his part, Powell has said the expected increase in inflation as a result of Trump's so-called Liberation Day of global trade tariffs is a good reason to take a 'wait-and-see' approach to adjusting interest rates, with the market all but certain the Fed will hold rates steady again later this month. In June, Trump renewed his attack on Powell as U.S. debt topped $37 trillion. "I don't know why the board doesn't override (Powell)," Trump posted to his Truth Social account in a lengthy message in which he branded Powell a 'moron" and heavily criticized Fed policy that he claims is costing the U.S. $1 trillion per year in interest payments. "Maybe, just maybe, I'll have to change my mind about firing him? But regardless, his term ends shortly."
