Business

A long list of U.S. jobs are being rendered obsolete by technological advancements and automation. Which workers are most at risk?

You will find more statistics at Statista

After a poor March jobs report, followed by an April scorcher, the May payrolls report due at 8:30am on Friday will be the tiebreaker, not only for the current state of the economy where both soft and hard data have been deteriorating in recent weeks, but perhaps also for the June rate hike decision, which as the Fed noted in its May FOMC minutes, may not take place without "evidence" that the recent "transitory weakness" in the economy is over. Here are the consensus expectations for tomorrow's report:

The latest blow to the mainstream media’s misleading narrative about the relationship between gender and compensation has been delivered by the Wall Street Journal’s annual report on CEO pay, which revealed that - country to popular perception - female CEOs of S&P 500 companies actually earn more than their male peers.

Whereas most bank clients accepted a bail-in as one of the risks associated with depositing cash on a bank account, Italy doesn’t seem to be too sure about forcing its banks to do so.

We all know the never-ending issues related to Banca Monte Dei Paschi, but that bank wasn’t Italy’s only problem. Two smaller banks, Banco Popolare di Vicenza and Vento Banca also need to be rescued. Although these banks are definitely smaller than Monte Paschi, and wouldn’t have a huge impact on the international banking system, it definitely is an issue which has to be solved.

Authored by Nick Cunningham via OilPrice.com,

The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into.