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New research busts 6 AI myths: Artificial intelligence makes workers 'more valuable, not less'

PwC's 2025 AI Jobs Barometer report busts six common myths about the impact of artificial intelligence โ€” says AI will make workers "more valuable, not less."

Published on: June 06, 2025 | Source: CNBC International favicon CNBC International

'London is back:' Mayor โ€” and Trump critic โ€” Sadiq Khan looks to lure businesses from the U.S.

"London is back," the capital's Mayor Sadiq Khan told CNBC on Wednesday, laying out his ambition to attract investors, visitors and students away from the U.S.

Published on: June 06, 2025 | Source: CNBC International favicon CNBC International

Sweden is feeling the heat from Trump tariffs โ€” and there's more to come

Sweden's economy and households are already feeling the heat from U.S. President Donald Trump's trade tariffs, the country's finance minister said.

Published on: June 06, 2025 | Source: CNBC International favicon CNBC International

Any respite for Japanโ€™s bonds is likely to be short-term

Foreigners have recently been the only major buyers of the countryโ€™s longer-term government debt

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

US imposes sanctions on four ICC judges

Washington escalates feud with International Criminal Court over accusations against Israeli and American officials

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Broadcom beats on earnings and revenue

Broadcomโ€™s artificial intelligence business is at the center of the companyโ€™s recent boom.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Donald Trump and Elon Muskโ€™s feud erupts over tax bill

Also in todayโ€™s newsletter, Washington and Beijing agree to new trade talks, and Citigroup lays off 3,500 tech staff in China

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says Elon Musk went 'CRAZY,' suggests cutting government contracts for his companies

President Donald Trump and Elon Musk are clashing over a major budget bill Trump wants passed, which the Tesla CEO says will blow out federal deficits.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Trump attacks โ€˜crazyโ€™ Musk as relationship implodes

US president signals he may cut billionaireโ€™s contracts with the federal government

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Circle Internet shares soar 168% on NYSE debut

Stablecoin operator rides wave of enthusiasm for cryptocurrencies as Trump pledges to slash regulation

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

In charts: can Kemi Badenoch stop Tory voters fleeing to Reform UK?

Conservative leader will harden her immigration stance, but her party is no longer trusted by voters on the right

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever

The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping up his time as head of Trump's Department of Government Efficiency, or DOGE.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Labour MPs back proposal for universal digital identity card

Influential think-tank says new credential will strengthen enforcement of immigration rules and help tackle benefit fraud

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

UK makes new concessions to private equity on tax crackdown

Government proposes changes to tax treatment of carried interest that will make the regime less onerous

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Friday's jobs report likely will show hiring cooled in May. Here's what to expect

Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

JPMorgan says it will fire analysts who accept future-dated job offers elsewhere

Letter sent to new recruits is latest escalation of US bankโ€™s battle with private equity over junior talent

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

US oil companies lobby Republicans to keep Bidenโ€™s hydrogen tax credits

Fossil fuel industry warns repeal of incentives could enable China to dominate production of the clean fuel

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Stablecoin issuer Circle soars 168% in NYSE debut after pricing IPO above expected range

Circle joins Coinbase, Mara Holdings and Riot Platforms as one of the few pure-play crypto companies to list in the U.S.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Microsoft's stock hits fresh record, rallying despite drop in broader market

Microsoft shares climbed to a record high for the first time since July of last year.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Goldman Sachs reins in risk appetite as Trump tariffs roil markets

Chief operating officer John Waldron anticipates period of โ€˜slowflationโ€™ with rising prices outpacing growth

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Teslaโ€™s market value suffers biggest one-day drop after Trump-Musk spat

US president and worldโ€™s richest man trade insults as their alliance collapses

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

10-year Treasury yield rises ahead of key jobs report

U.S. Treasury yields rose Thursday as investors weigh the state of the economy following a slate of disappointing U.S. data.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

UK pensions bill pushes more investment in private markets

Proposed law would give regulators option to force some defined contribution workplace schemes to back more British assets

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Netanyahu confirms Israel arming Gaza clans to undermine Hamas

Prime ministerโ€™s comments come after opposition leader claims country is sending weapons to โ€˜criminals and felonsโ€™

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

EU hit by surge in steel imports as US tariffs divert shipments

Industry calls for Brussels to take urgent action with deliveries of some products increasing by more than 1,000 per cent

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Reform UK chair Zia Yusuf resigns from party

Senior figure in populist movement says role is โ€˜no longer good use of my timeโ€™

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Most new build homes in England to be required to have solar panels

Ministers want to amend building regulations to promote renewable power

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Germany defends arming Israel despite criticism of Gaza war

Israeli Prime Minister Benjamin Netanyahu has faced a growing international backlash over military campaign

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump speaks with Xi, will resume talks between U.S. and China over tariffs

Trump's call with Xi came as U.S.-China trade relations have frayed following an agreement in Geneva to temporarily pause most of their retaliatory tariffs.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Lessons from a stablecoin IPO: tech turns on a dime

Circleโ€™s tokens should reliably preserve their value, but the same cannot be guaranteed of its shares

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump and Xi agree to launch new round of trade talks

Leaders hold phone call amid simmering trade tensions between the worldโ€™s two largest economies

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

European Central Bank trims interest rates after inflation dips below target

The 25 basis point interest rate cut had been widely priced in by markets ahead of the ECB's decision.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

BlackRockโ€™s Fink sounds alarm over rising US deficit

Wall Street titans increasingly voicing concerns over mounting debt due to government spending

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World

The $449 Nintendo Switch 2 is totally 'worth the money,' superfans say, including one who waited in line over 24 hours: 'It's a no-brainer'

The original Nintendo Switch sold more than 150 million units, making it the third-best selling video game console ever.

Published on: June 05, 2025 | Source: CNBC International favicon CNBC International

Doubts grow over pace of Britainโ€™s clean power push

Also in this weekโ€™s newsletter, growing fears of steel imports โ€˜floodingโ€™ the country

Published on: June 05, 2025 | Source: Financial Times - World favicon Financial Times - World