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

Surging U.S. gas prices could erase bigger tax refunds, analysis finds

Higher U.S. gasoline prices stemming from the Iran war could effectively wipe out the fatter tax refunds many Americans are expected to collect this year, a new analysis found.  Economists from the Stanford Institute for Economic Policy Research (SIEPR) estimate that the average U.S. household will spend an additional $740 on gas this year because of the jump … Read more

Legal analysis after judge permanently blocks release of Jack Smith report on Trump-documents case

Legal analysis after judge permanently blocks release of Jack Smith report on Trump-documents case – CBS News Watch CBS News A federal judge has permanently blocked the release of a special counsel report on President Trump’s alleged mishandling of sensitive government documents. CBS News legal contributor Jessica Levinson breaks down the decision. Source link