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World Bank jobs council urges 'crisis-era' employment support measures as IMF warns of AI ‘tsunami’
Source: CNBC
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Brent tops $105 as doubts grow over supply boost from Trump’s ‘energy ceasefire’
Ukrainian President Volodymyr Zelenskyy said that "Ukraine supports the ceasefire, and it is important that Russia support it as well."
CNBC
AI FOMO driving some family offices into tech investments, survey suggests
Investment firms of ultra-wealthy families aren't immune to FOMO.
CNBC2 outlets
Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
Rolling coverage of the latest economic and financial news, including this year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...
The Guardian
Nobel prize for economics to be awarded – business live
Rolling coverage of the latest economic and financial news, including this year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...
CNBC
Trump turns to Russian diesel ahead of midterms, but analysts see little price relief
President Donald Trump's latest effort to ease a diesel supply crunch ahead of November's midterm elections is unlikely to make a dent on prices.
CNBC2 outlets
Zelenskyy says Ukraine is ready to agree to energy ceasefire, but warns Russia must do same
President Trump said Sunday that Russia and Ukraine had agreed to an "energy ceasefire," but he offered no details on it and Kyiv reported attacks by Moscow on energy sites after his statement.