Trump Considers Australian Retirement Plan, Musk Predicts AI-Driven Unemployment And More: This Week In Economy

Benzinga_recent_news12-07 19:01

As the week comes to a close, let’s look back at the top stories that emerged over the past few days. From Trump’s contemplation of the Australian retirement system to Elon Musk’s predictions about AI...

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From Trump’s contemplation of the Australian retirement system to Elon Musk’s predictions about AI...</p>\n\n<a href=\"https://www.benzinga.com/markets/economic-data/25/12/49247456/trump-considers-australian-retirement-plan-musk-predicts-ai-driven-unemployment-and-more-this-week-in-economy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://www.benzinga.com/markets/economic-data/25/12/49247456/trump-considers-australian-retirement-plan-musk-predicts-ai-driven-unemployment-and-more-this-week-in-economy","article_id":"2589874487","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/07/President-Donald-Trump.jpeg?optimize=medium&dpr=2&auto=webp&width=120"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/economic-data/25/12/49247456/trump-considers-australian-retirement-plan-musk-predicts-ai-driven-unemployment-and-more-this-week-in-economy","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2589874487","pubTimestamp":1765105260,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"This week's top economic stories included Trump considering Australia's retirement system for the US, Musk predicting AI-driven worklessness.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","BK4508":"社交媒体","UFO":"Procure Space ETF","DXYZ":"Destiny Tech100 Inc","BK4576":"AR","BK4554":"元宇宙及AR概念","BK4551":"寇图资本持仓"},"translate_title":"特朗普考虑澳大利亚退休计划，马斯克预测人工智能驱动的失业等等：本周经济","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DXYZ":1.5,"UFO":0.6},"content_text":"As the week comes to a close, let’s look back at the top stories that emerged over the past few days. From Trump’s contemplation of the Australian retirement system to Elon Musk’s predictions about AI-driven unemployment, here’s a recap of the week’s most significant stories.\nThe system, known as superannuation, has a massive A$4.1 trillion ($2.70 trillion) retirement savings pool in Australia. Trump is looking at the plan for working people, not necessarily for children. \nTrump’s administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States. \nRead the full article here.\nPresident Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of the Federal Reserve. \nRead the full article here.\nSee Also: Everyone's Bullish, Cash Is Gone—What If The Fed Doesn't Cut?\nElon Musk predicts that people won’t have to work at all in the next 20 years as AI and robotics advance. He believes that the pace of technological acceleration will allow most people to stop working entirely. \nRead the full article here.\nShkreli highlighted the annual returns of global equity markets, pointing out that from 1990 to today, a span of more than 35 years, U.S. stocks have delivered 8.7% annually. Over that same stretch, he noted, Japanese equities returned just 0.7% yearly, while France generated only 0.6% annually over the past 25 years.\nRead the full article here.\nThe Trump administration is set to suspend aid for states run by Democrats that do not disclose identifying information about Supplemental Nutrition Assistance Program (SNAP) beneficiaries, including their immigration status. \nAgriculture Secretary Brooke Rollins announced that the administration will cease federal funding to states that fail to provide the requested data. The decision affects states such as California, New York, and Minnesota.\nRead the full article here.\nRead Next: \nPhoto: noamgalai from Shutterstock\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589874487","isCrawlerRequest":true}