Students protest during the University of Michigan’s Spring Commencement ceremony on May 4. Nic Antaya | Getty Images The class of 2024 have graduated into a rocky jobs market and to make matters worse, employers are becoming increasingly wary about hiring them. In fact, 64% of employers have said they have become concerned about hiring … Read more
Attention workers: what you say or do — even outside of normal working hours — could get you fired. This is especially pertinent for workers now, given the wave of protests and charged social media posts related to Middle East tensions, the presidential election and other hot-button social issues. Workers may think they have more … Read more
In photo at left, Megh McLaughlin, center, with co-workers at a performance of Beyonce’s Renaissance tour. In photo at right, Rob Breakiron with his daughter, Isabelle, at a performance of Taylor Swift’s Eras tour. Courtesy: Megh McLaughlin, left photo. Isabelle Breakiron, right photo At professional services firm KPMG, managing director Rob Breakiron feels more popular … Read more
Elon Musk, CEO of Tesla, stated that artificial intelligence (AI) will eventually eliminate all jobs, but he believes this is not necessarily a bad development, reported CNN. Speaking at a startup and tech event in Paris on Thursday, Musk said, “Probably none of us will have a job,”. Elon Musk was speaking remotely via webcam … Read more
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Housekeepers in Palm Beach and South Florida are cleaning up, with salaries often topping $150,000 and bidding wars between mansion owners … Read more
Youth aged 15 to 29 make up 83% of all unemployed people in India. Gcshutter | E+ | Getty Images India’s startup ecosystem is poised for promising growth as the country works toward boosting economic growth and entrepreneurship — but more jobs are needed to combat high levels of unemployment. That’s according to the CEO … Read more
Chet Kapoor, chairman and CEO of DataStax. Datastax As a teen, Chet Kapoor dreamed of working for tech mogul Steve Jobs. One day, that dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. “Steve was this iconic individual and I didn’t know him … I was … Read more
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they’ll be hard to keep. “The Walmart experience is better than it used to be, but it’s still not a premium experience. Walmart is built … Read more
It’s fair to say that AI is all over the 12th annual CNBC Disruptor 50 list. Roughly two-thirds of the 50 companies making the Disruptor 50 list describe artificial intelligence as “critical” to their businesses. And it starts at the very top: for the first time ever, a company repeats as the list ‘s No. … Read more
Paid leave for prenatal care is poised to become a national women’s health initiative. That’s now that New York has become the first state to mandate a standalone entitlement to paid prenatal leave. In April, New York Governor Kathy Hochul signed an amendment to New York labor law to require employers to provide up to … Read more
