“It’s not just ‘the robots are coming’ and we need to hunker down and prepare for it. The choices we make along the way will determine the impacts,” Department of Labor Acting Secretary Julie Su said about AI and workers at the CNBC Work Summit. Yuichiro Chino | Moment | Getty Images Recent tough stances … Read more
People walk by the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more
The iPhone 15 Pro on the left, the iPhone 15 Pro Max on the right. Kif Leswing/CNBC This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can … Read more
Luis Alvarez | Digitalvision | Getty Images The U.S. economy inched closer to a so-called “soft landing” after a new batch of labor data, economists said. A soft landing is a good thing: It would mean the Federal Reserve has accomplished the difficult task of taming inflation without triggering a recession. Job openings — a … Read more
Job openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening. Employment openings totaled a seasonally adjusted 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday. The number was well below the 9.4 million estimate from Dow … Read more
It comes after Spotify reported a 65 million euros ($70.7 million) profit in the third quarter, citing lower spend on marketing and personnel. Spotify raised prices of its subscription plans earlier this year and has been expanding into podcasts and audio books. The latest round of redundancies follows successive cuts at the firm, which like … Read more
Bill Varie | The Image Bank | Getty Images It’s been three years since the beginning of the Covid-19 pandemic, when the idea of working from home upended the office landscape for good. While some employers have decided to fully embrace a remote work environment, and experts declare that “return to office is dead,” major … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25435485/1vpavic_20240501__0190.jpg)
