Bull vs. Bear: Is the AI Revolution Nearing a Dot-Com Correction?

Published on April 9, 2026

The debate over whether artificial intelligence has entered bubble territory has reached a fever pitch. For this edition of Bull vs Bear, writers Nicholas Peters-Golden and DJ Shaw discuss the disconnect between infrastructure spending and software revenue.

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US Department of Labor recovers $78K in back wages for 12 workers denied overtime pay by Austin buffet restaurant

April 9, 2026
AUSTIN, TX – The U.S. Department of Labor has recovered $77,523 in back wages for 12 workers employed by an Austin restaurant that failed to pay overtime wages required under federal law.The department’s Wage and Hour Division investigated Grand Buffet Paradise LLC, which operates as Buffet Palace, and found that the employer paid kitchen staff straight salaries for all hours worked but failed to

Initial Unemployment Claims Up 16K, Higher Than Expected

April 9, 2026
In the week ending April 4th, initial jobless claims were at a seasonally adjusted level of 219,000. This represents an increase of 16,000 from the previous week's figure and was higher than the forecast of 210,000.