AI was supposed to destroy jobs. Where’s the carnage? – The Guardian

AI was supposed to destroy jobs. Where’s the carnage? - The Guardian

AI was supposed to destroy jobs. Where is the slaughter? The Guardian These 10 ‘AI-proof’ jobs require ‘uniquely human’ skills, report says – you need to ‘react in real time’ CNBCAI is making these jobs ‘irreplaceable’ even as hiring rates fall 24% ForbesAI is cutting graduate jobs. These are the skills young people will need … Read more

Live Updates: Strait of Hormuz traffic falls to new low as Iran-backed Houthis kill 6 in Red Sea, authorities say

Live Updates: Strait of Hormuz traffic falls to new low as Iran-backed Houthis kill 6 in Red Sea, authorities say

The International Energy Agency (IEA) on Wednesday slashed its forecast for global oil demand this year, with supplies still limited by the disruption of shipping through the Strait of Hormuz and high prices deterring buyers. Demand is expected to fall by 1.6 million barrels per day, compared with the forecast drop of one million barrels … Read more

Bank of America launches $250B initiative to finance US infrastructure

Bank of America launches $250B initiative to finance US infrastructure

Jill Hall, US equity strategist at BofA, explains why the Russell 2000 is the best-performing benchmark. Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of American infrastructure, including data centers, semiconductor facilities, power generation and transportation projects. The banking giant announced Wednesday that its Critical Infrastructure Financing Initiative … Read more

US consumer prices likely increased moderately in July as gasoline prices eased

US consumer prices likely increased moderately in July as gasoline prices eased

By Lucia Mutikani WASHINGTON, Aug 12 (Reuters) – U.S. consumer prices likely rose moderately in July, which could further dampen financial market expectations that the Federal Reserve will raise interest rates this year. Wednesday’s Consumer Price Index report from the Labor Department would come on the heels of last week’s news of surprise job losses … Read more

CoreWeave narrows Q2 losses, stock climbs 8%

CoreWeave narrows Q2 losses, stock climbs 8%

AI cloud provider CoreWeave (CRWV) reported its second-quarter earnings after the bell on Tuesday, narrowing its losses per share and meeting revenue expectations for the quarter. Shares rose more than 8% following the announcement. “CoreWeave reached a major inflection point this quarter as our scale began to translate into increased operating leverage,” CEO Michael Intrator … Read more

30,000 pounds of beef from Argentina recalled in two states

30,000 pounds of beef from Argentina recalled in two states

The United States Department of Agriculture has recalled about 30,000 pounds of Argentine beef because it was not inspected before entering the country. The different cuts of raw beef from the company Corte Argentino USA were sent to retailers and grocery distributors in Florida and Texas. The meat was produced May 15-20 and had freezer … Read more

Social Security adds 14 health conditions to fast-track disability list. See what they are.

Social Security adds 14 health conditions to fast-track disability list. See what they are.

The Social Security Administration said Tuesday that it is adding 14 conditions to its fast-track disability list, which can help people with these conditions speed up the process of receiving benefits. The program, known as the Compassionate Allowance List, was created in 2008 to expedite disability applications for people with rare, life-threatening or other serious … Read more

Nvidia $500B AI funding: Jensen Huang’s plan faces China risk

Nvidia $500B AI funding: Jensen Huang’s plan faces China risk

Nvidia CEO Jensen Huang speaks to members of the media outside a restaurant in the Hongdae district of Seoul, South Korea, on June 5, 2026.SeongJoon Cho | Bloomberg | Getty ImagesJensen Huang built the world’s most valuable company by pioneering the specialized computer chips behind the rise of artificial intelligence. To keep his vision of … Read more

CoreWeave (CRWV) Q2 earnings report 2026

CoreWeave (CRWV) Q2 earnings report 2026

CoreWeave CEO Michael Intrator participates in a Bloomberg Television interview during the World Economic Forum in Davos, Switzerland, on January 20, 2026. Chris J. Ratcliffe | Bloomberg | Getty Images CoreWeave shares rose 11% in extended trading on Tuesday after the artificial intelligence infrastructure provider reported revenue that beat Wall Street expectations. Here’s how the … Read more