Goldman studied where AI is squeezing labor markets. Here’s what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies.
CNBC Daily Open: Robots rising, tariff turnaround and yield nerves
Chinese robot maker Unitree rises around 500% on its debut day of trade amid continued geopolitical tensions and a bond market rout, keeping stock markets in check.
CNBC UK Exchange: Reflections on Britain’s tough economic reality
Ian King uses his last UK Exchange to consider Britain’s economic and political challenges.
Here’s the best place to hedge severe El Niño shocks to the food supply chain, BofA says
One country appears to be the best place to hedge market impact from severe El Niño shocks to global food supply chains, according to Bank of America.
China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics shares rise 542% on their first day of trading in Shanghai
California AG Bonta says case against Meta is about ‘restitution and distortion,’ not damages
Following opening arguments in the case against Meta, California Attorney General Bonta said the trial is not about extracting a massive payout.
CNBC Daily Open: Trump puts ‘open’ sign on Hormuz. But traffic is barely trickling
The reality in the Strait of Hormuz looks a bit different. U.S. President Donald Trump has claimed that the critical waterway is open, but no one is buying it.
Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea’s Kim
Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea’s Kim
In upset, Florida democratic socialist Nixon wins Democratic Senate primary
Primary races on Tuesday in Florida and Alaska were being closely watched for signs of possible Republican or Democratic dominance in the run-up to the November midterm elections.
What Chinese liquor maker Moutai’s slump says about the country’s economy
Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record.
