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AI will reshape 50-55% of U.S. jobs in next 3 years, analysis finds
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
Stocks go up, oil prices go down on ceasefire news
Wall Street appeared optimistic on Wednesday about the ceasefire with Iran, but the situation is delicate. Kelly O
'Even if Iran war ends now, farmers' costs will have to be passed on'
'Even if Iran war ends now, farmers' costs will have to be passed on'Just nowShareSaveAdd as preferred on GoogleFaarea Masud,Business reporterandEmma Simpson,Business correspondentBBCFruit grower Ali Capper says her fertiliser costs have gone up by 40%, while red diesel she uses for her tractors has gone up 100%When fruit grower Ali Capper woke to news that war had broken out in Iran, she says she "felt quite sick" anticipating the repurcussions for the UK farming indust...
LA Port: One year after Trump's "Liberation Day"
It’s been more than a year since sweeping U.S. tariffs reshaped the flow of global trade. 2025 marked a record year for container volume imported into Southern California, as companies rushed to get ahead of the duties. But the latest numbers suggest the surge is now fading. And for ports and logistics firms, the volatility is creating new uncertainty. Ediz Tiyansan reports from Los Angeles.For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, Th...
TACO trade: Investors banking on Trump not following through on his threats
The Dow surged more than 1,000 points on Wednesday after President Trump backed off his threat to attack Iran and agreed to a two-week ceasefire. Robert Armstrong, U.S. financial commentator for the Financial Times, previously coined the phrase "TACO trade," with TACO standing for "Trump always chickens out," to encapsulate how investors buy low and sell high as markets react to the president's threats and eventual lack of action. Armstrong joined CBS News to discuss.
Oil Rises After Biggest Drop Since 2020 as Hormuz Stays Blocked
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire in the Middle East.
Levi Strauss Seeing Momentum Across the Board, CEO Gass Says
Levi Strauss CEO Michelle Gass discusses the company's strong start to the year, reporting growth across multiple geographies, categories, genders and sales channels. She attributes this momentum to the strength of the Levi's brand, product innovation and effective execution by the team. She speaks on Bloomberg Television. (Source: Bloomberg)
Pop Culture Mentions, Direct-to-Consumer Strategy Drives Levi's Earnings
Levi's CEO Michelle Gass said that both celebrity ad campaigns and organic pop culture moments have contributed to Levi's boosted outlook as the jeans brand collaborated with Beyonce and were featured on the fashion forward FX series 'Love Story.' Gass also discussed supply chain consideration as US-based companies face higher transportation costs and tariffs on manufacturing. (Source: Bloomberg)
Economy is 'Very Resilient' Despite Geopolitical Risks, Says Luzzetti
Matthew Luzzetti, Deutsche Bank chief US economist and head of US Economic Research, said that the US economy has revealed to be 'very resilient' in the fact of 'abnormal and historic' shocks over the last year. Luzzetti said that the geopolitical situation points the fed in a more hawkish direction, but it doesn't necessarily overturn a resilient view of the economy. (Source: Bloomberg)
Visa, Zazu, and Chari Launch Morocco’s First 100% Digital Business Account for SMEs
Casablanca – Visa has teamed up with Moroccan fintech Zazu to launch what the companies describe as the country’s first fully online professional account for entrepreneurs and small businesses, marking a new push into digital banking services tailored to SMEs. The new offer allows entrepreneurs to open a business account in 10 minutes through a fully digital process, avoiding the paperwork and delays that still define many traditional banking procedures in Morocco. According to the three compani...
Coldwell's Waugh: Uncertainty Driving Housing Market
Coldwell Banker Affiliates President Jason Waugh discusses housing stocks bracing for the spring selling season, ‘healthy and strong’ demand, and why uncertainty is driving the market. He talks with Katie Greifeld and Romaine Bostick on “the Close.” (Source: Bloomberg)
Two Weeks in Hormuz: From Energy Shock to the Redistribution of Economic Power
In today’s geopolitical landscape, crises are no longer measured by their duration but by their systemic impact. In this context, a potential closure or even a credible threat of Strait of Hormuz for as little as two weeks could trigger a shock that extends far beyond energy markets, reshaping the foundations of the global economy. The “two-week” timeframe is not arbitrary. It reflects a broader pattern of political signaling in contemporary crises, where compressed timelines are used to exert m...
Masters 2026: What we are seeing, hearing from the final practice round
In this, my seventh trip to the Masters, I tried something new this year. On the recommendation of Andy Johnson, the golf architecture scholar behind The Fried Egg, I walked the course backwards the week in hopes of gaining a different view.I’m happy to report that not only did it work, but that, if you ever have the chance, you should do the same.Advertisement
Will the Iran ceasefire ease U.S. gas prices? Here's what experts think.
MoneyWatch Will the Iran ceasefire quickly ease U.S. gas prices? Here's what experts think. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 8, 2026 / 4:48 PM EDT / CBS News Add CBS News on Goog...
Aritzia Shares Soar on Boost From Spring Collection, Peace Hopes
Clothing retailer Aritzia Inc.’s shares rallied the most in nearly a year and led the Canadian equity benchmark higher on Wednesday, as data showed sales got a big boost from the latest spring collection and prospects for an end to the Iran war broadly spurred risk sentiment.
Stocks Rally, Oil Falls on Iran Truce | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
BTG Deal to Buy Digimais Said to Get Support from Insurance Fund
Banco BTG Pactual SA’s deal to buy Banco Digimais SA, a struggling Brazilian lender in need of capital, is getting support from the FGC, the nation’s deposit insurance fund, according to people familiar with the matter.
Higher Oil Costs to Mute Some Dealmaking: Zimmer
Matt Zimmer, global head of investment banking at William Blair, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." They discuss which sectors stand to see a slowdown or acceleration in dealmaking amid global fuel constraints. (Source: Bloomberg)
Activist Investors Changing Their Approach: Mathew
Insiders say activist investors are making greater efforts to engage with companies to affect change from within. Shaun Mathew, partner and head of shareholder activism and hostile takeover defense at Kirkland & Ellis, joins Dani Burger on "Bloomberg Deals" to discuss. (Source: Bloomberg)
Industrial Firm Madison Air Seeks $2.23 Billion in IPO
Bloomberg's Bailey Lipschultz joins Dani Burger on "Bloomberg Deals." Madison Air Solutions is seeking to raise as much as $2.23 billion in its initial public offering, in what would be the biggest US listing of an industrial company in close to three decades. (Source: Bloomberg)