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Monthly Archives: July 2023

A.I. could affect many white-collar, high-paid jobs

Tomml | E+ | Getty Images The notion of technological advancement upending the job market isn’t a new phenomenon. Robots and automation, for example, have become a mainstay of factory floors and assembly lines. And it has had various effects on the workplace, by displacing, changing, enhancing or creating jobs, …

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Gottlieb says A.I. may take on doctors’ roles sooner than later

Dr. Scott Gottlieb is a CNBC contributor and is a member of the boards of Pfizer, genetic testing startup Tempus, health-care tech company Aetion Inc. and biotech company Illumina. He also serves as co-chair of Norwegian Cruise Line Holdings’ and Royal Caribbean’s “Healthy Sail Panel.” Researchers at Harvard presented a …

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Robinhood rival eToro agrees $120 million secondary share sale

The eToro logo is seen during the 2021 Web Summit in Lisbon, Portugal. Pedro Fiúza | Nurphoto | Getty Images Stock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary …

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Virgin Voyages uses AI, Jennifer Lopez partnership to boost bookings

Cruise line Virgin Voyages is betting big on its recently launched campaign starring J. Lo — and her digital twin, “Jen AI.” It starts with a commercial, featuring Jennifer Lopez riffing off artificial intelligence. The spot showcases “Jen AI” experiencing a hilarious malfunction, inadvertently unveiling her true identity: a guy …

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BOJ should move to new normal sooner, current policy is ‘very harmful’

Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has been “inappropriate” and “very harmful” for the economy, according to a strategist. Central banks around the world have raised rates aggressively to rein in inflation, but Japan has kept its …

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Contraction in China factory activity extends into a fourth month

The sunset glow is seen over buildings and a ferris wheel on May 13, 2022 in Beijing, China. Vcg | Visual China Group | Getty Images China’s factory activity contracted for a fourth consecutive month in July, while non-manufacturing activity slowed to its weakest this year as the world’s second-largest …

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India demand for commodities could make up for China shortfall: ANZ

Rashtrapati Bhavan, the official residence of the President of India, in New Delhi. Kriangkrai Thitimakorn | Moment | Getty Images China’s growth slowdown is set to hurt global commodity demand, but India could make up for some of that shortfall, according to ANZ. India’s economic growth is likely to outpace China’s, …

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ASEAN moves closer to economic unity with new regional payments system

Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency | Getty Images A new regional cross-border payment system recently implemented by Southeast Asian nations could deepen financial integration among …

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Top Wall Street analysts are upbeat about these dividend stocks

While many growth stocks have recovered this year, investors continue to look for attractive dividend picks that can offer steady income and the potential for long-term capital appreciation. Here are five dividend stocks worth considering, according to Wall Street’s top experts on TipRanks, a platform that ranks analysts based on …

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A key test for EV sales and the adoption curve is coming

Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC With unsold electric vehicles backing up on the lots of rivals’ dealers, General Motors’ electric-vehicle rollout strategy for the fall is shaping up to be a key moment for Detroit when it comes reading …

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