For many students, majoring in finance is a proven pathway to a well-paying career and job security.In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current college students and recent graduates between the ages of 18 and 25.While confidence about career prospects in finance increased over the past year, confidence decreased in other areas including STEM and healthcare, the CFA Institute also found.However, finance ranks well behind many other majors when it…
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Nvidia CEO Jensen Huang visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, on May 29, 2025.Manuel Orbegozo | ReutersA bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls.The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People’s…
Steel glowing red travels through the rolling mill at the Thyssenkrupp steel plant on April 9, 2025 in Duisburg, Germany. Sean Gallup | Getty Images News | Getty ImagesThyssenkrupp and trade union IG Metall on Saturday said they had agreed on reduced working hours, lower bonus payments and site closures as part of a push to revamp Germany’s largest steelmaker.The accord with steel workers marks a major step in Thyssenkrupp’s restructuring, under which the former German industrial icon is planning to turn into a holding company, and comes after renewed tension between management and labour representatives.Implementation of the new collective…
U.S. President Donald Trump and first lady Melania Trump at Lackland Air Force Base before heading to Kerrville, Texas where they plan to visit with state and local leaders, first responders and victims of last week’s flash flooding.Chip Somodevilla | Getty Images News | Getty ImagesPresident Donald Trump defended the state and federal response to deadly flash flooding in Texas on Friday as he visited the stricken Hill Country region, where at least 120 people, including dozens of children, perished a week ago.During a roundtable discussion after touring Kerr County, the epicenter of the disaster, Trump praised both Texas Governor…
Job-seeking impostors, including deepfakes, are exploiting the remote work trend, defrauding U.S. companies and potentially threatening U.S. national security, according to experts.Approximately 17% of hiring managers surveyed said they had encountered candidates using deepfake technology to alter their video interviews, according to career platform Resume Genius. It surveyed 1,000 hiring managers across the United States.By 2028, 1 in 4 job candidates worldwide will be fake, according to research and advisory firm Gartner.”Deepfake candidates are infiltrating the job market at a crazy, unprecedented rate,” said Vijay Balasubramaniyan, CEO of voice authentication startup Pindrop Security, who said he recently caught a deepfake…
Inflation has fallen considerably, but it is still too high for Federal Reserve policymakers’ tastes. And tariffs make the calculation even more complicated.”We’ve had goods inflation just moving up a bit,” said Fed Chairman Jerome Powell at a news conference last month. “We do expect to see more of that over the course of the summer. It takes some time for tariffs to work their way through the chain of distribution to the end consumer.” CNBC considers Cost of Living among ten categories of competitiveness in our annual America’s Top States for Business rankings. Companies seeking to attract as many workers…
Is President Donald Trump on the verge of firing Federal Reserve Chair Jerome Powell? It is a provocative question, to be sure, especially since the Supreme Court recently ruled that the Fed could not be included among the federal agencies whose employees and/or leaders that the president could fire at will. However, in recent days, Office of Management and Budget Chair Russell Vought, among other government officials, has accused Powell of mismanaging the renovation of the Marriner Eccles building, which is essentially Fed headquarters. Vought alleged that cost overruns have brought the price tag of modernizing the aging building to…
A federal judge on Friday ordered the Trump administration to halt indiscriminate immigration stops and arrests in seven California counties, including Los Angeles.Immigrant advocacy groups filed the lawsuit last week accusing President Donald Trump’s administration of systematically targeting brown-skinned people in Southern California during its ongoing immigration crackdown. The plaintiffs include three detained immigrants and two U.S. citizens, one who was held despite showing agents his identification.The filing in U.S. District Court asked a judge to block the administration from using what they call unconstitutional tactics in immigration raids. Immigrant advocates accuse immigration officials of detaining someone based on their…
‘Fast Money’ traders talk what to expect ahead of upcoming earnings and economic data. Source link
One of the biggest problems with inflation is that once it has burrowed into an economy, it is very difficult to rid of it. Just when Federal Reserve policymakers thought they might have finally gotten the better of the inflation that gripped the U.S. economy following the pandemic, along came the specter of tariffs.Inflation varies by location. Corporate executives know this, too. As they seek locations that are more attractive to prospective employees, living costs are a key consideration. That is why we consider Cost of Living as one of ten categories of competitiveness in CNBC’s annual rankings of America’s…
