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. Source link

Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds

Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds – CBS News Watch CBS News A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins “The … Read more

AI will affect more than half of all U.S. jobs, analysis finds

Artificial intelligence will dramatically change the nature of work, but stop short of replacing most employees, according to a recent analysis. Over the next three years, AI will “reshape” between 50% and 55% of U.S. jobs, Boston Consulting Group researchers estimated.  “What people do in these jobs will be different, even if the job is still … Read more

Iran war will throttle oil flows even if Strait of Hormuz reopens soon, analysis predicts

The Iran war will continue to disrupt global oil supplies even if a ceasefire in the region leads to a swift reopening of the Strait of Hormuz, according to a new analysis.   Henning Gloystein, managing director of energy, industry and resources at geopolitical risk consultancy Eurasia Group, said it would take several months to … Read more

Farm bankruptcies increase over last five years, Politico analysis finds

U.S. farmers are struggling to stay afloat as the cost to operate keeps increasing. According to new Agriculture Department data analyzed by Politico, the U.S. has lost nearly 150,000 farms in the last five years. Rachel Shin, one of the authors of that analysis, joins “The Daily Report” to discuss. Source link

Expert analysis as Iran confirms its receiving messages on U.S. peace talks through mediators

Expert analysis as Iran confirms its receiving messages on U.S. peace talks through mediators – CBS News Watch CBS News A senior Iranian official says the United States has sent Iran a message through mediators as a precursor to possible talks over the war. CBS News national security contributor Sam Vinograd has more on what … Read more

U.S. oil producers could get $63 billion boost from high crude prices, analysis shows

Soaring energy prices due to the Iran war could provide a massive windfall for U.S. oil companies. Rystad Energy, a market research firm, estimates that shale oil producers in the U.S. could earn an additional $63 billion in sales as prices soar past $100 a barrel.  If oil prices averaged $70 a barrel — their approximate level before … Read more