Robots could take 20M manufacturing jobs by 2030, report claims

The latest in Ford’s research into delivery robots Ford CTO Ken Washington on the company’s efforts to develop delivery robots. Robots: Good for the economy, bad for people looking for jobs? Continue Reading Below Robots could displace an estimated 20 million manufacturing jobs in the world by 2030, according to a report by Oxford Economics released this week. The number […]

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Judge rules Democrats’ emoluments lawsuit against Trump can proceed

WASHINGTON — A federal judge ruled Tuesday that a lawsuit that accuses President Donald Trump of profiting off the presidency in violation of the Constitution’s emoluments clause can move forward. U.S. District Judge Emmett G. Sullivan of the District of Columbia ruled against Justice Department lawyers who sought a mid-case appeal to a higher court and a stay on proceedings […]

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JP Morgan Chase CEO Jamie Dimon: Student loans are 'hurting America'

JPMorgan’s Dimon not seeing a recession in next couple years JPMorgan Chase CEO Jamie Dimon on concerns over technology’s impact on the job market, the state of the U.S. economy and the rise in capital expenditures. JP Morgan Chase CEO Jamie Dimon said this week universities “should feel more responsibility” for their students’ loans and called student lending in the […]

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Share prices in big push to recover all-time highs

If interest rates are cut further and there is no "X-factor" financial shock hitting our shores from overseas, there is a good chance Australian share prices, as represented by the S&P/ASX 200 Index, will recover their record high of just over 6,800 points by year's end. For several months towards the end of 2007, it seemed like our market would […]

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Tax us more: US billionaires send open letter to presidential candidates

They're an eclectic bunch – some of the nation's most privileged heirs alongside entrepreneurs who have made spectacular fortunes in real estate, finance and Silicon Valley. But collectively they're united on the need to tax more of the richest Americans' assets. Billionaire George Soros.Credit:AP George Soros, heiresses to the Pritzker fortune, Abigail Disney and Facebook co-founder Chris Hughes are among […]

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Trump: ‘Surprise’ question about Pence 2024 led him to hesitate

President Donald Trump says he hesitated to back a possible 2024 presidential run by Vice President Mike Pence because he was caught off-guard by the question. Given a chance at a do-over, however, Trump still did not endorse his loyal lieutenant. “You can’t put me in that position,” Trump said June 14 when a host of Fox News Channel’s “Fox […]

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U.S. economic plan for Mideast peace criticized for unrealistic projections, ignoring Israeli occupation of West Bank

When the Trump administration cut hundreds of millions of dollars of aid for Palestinians last year, the Parents Circle, a coexistence group of bereaved Israeli and Palestinian families, lost 30% of its budget overnight. So members were shocked Sunday to learn that the White House is now using its photos in promotional materials for a U.S. peace plan that has […]

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