Opinion

AI’s rise stirs excitement, sparks job worries

AI’s rise stirs excitement, sparks job worries

Panelists at the Reuters NEXT conference in New York sidestepped concerns about an artificial intelligence bubble, focusing instead on the transformative effects of AI and how it may upend work and job growth. Artificial intelligence represents the biggest technological upheaval...

World shivers on Japan rate chill

World shivers on Japan rate chill

Global bond yields rose and stocks fell on Monday after Bank of Japan Governor Kazuo Ueda hinted that interest rates may rise later this month, cooling investor optimism around an expected U.S. rate cut and getting December trading off to...

Tesla struggles to course correct from sales skid

Tesla struggles to course correct from sales skid

Tesla CEO Elon Musk has spent much of this year focused on the carmaker’s robotics pursuits and winning shareholder approval for his freshly minted $1 trillion pay package. In the meantime, the outlook for Tesla's main business – selling cars...

Norway’s wealth tax trades millionaires for equality

Norway’s wealth tax trades millionaires for equality

Sitting in his lakeside villa in the Swiss city of Lucerne, Borger Borgenhaug misses his grandchildren and the smell of the Nordic sea on a clear summer night. The carpenter turned real-estate tycoon says that is the price he pays...