GM deal with workers would add Sierra pickup assembly to Canadian plant despite US tariff threat

Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI’s impact on labor markets is multifaceted and complex: It has the potential to create new job opportunities and make many jobs more productive, but it…

Chris Turner at ING describes EUR/USD as contained after a rally stalled just above 1.16, with investors cautious due to high natural gas prices and upcoming FOMC minutes. He expects a 1.1520–1.1580 range near term, while higher energy supports ECB hike expectations. ING maintains forecasts for EUR/USD at 1.17 by end-September and 1.18 by year-end….

The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…

The industrial-scale sand battery in Finland’s Pornainen can cover almost one month of the town’s heating demands in the summer and as much as one week in the winter. Polar Night Energy A small town in southern Finland has turned to the world’s largest commercial sand battery to fix what many see as the most…