Author: arthursheikin@gmail.com

[ad_1] CNN  —  Some European Union leaders discussed a rethinking of the World Trade Organization, the entity at the center of the global trading system, at the European Council meeting on Thursday night in Brussels. “If the WTO continues to be incapable of working,” German Federal Chancellor Friedrich Merz said, the EU has “to come up with something else.” The suggestion underscores the rapid changes to the global trading system in recent years, and in particular since President Donald Trump returned to office in January and imposed sweeping global tariffs on US trading partners. The WTO has more than 160…

[ad_1] When the going gets tough, Americans go shopping.Following the US bombing of Iran last weekend, Google search interest for topics including “Survival kit” and “Nuclear fallout” spiked in the US to levels not seen since the early days of Russia’s invasion of Ukraine in late February 2022, data through Thursday shows.On Amazon, data from marketplace analytics company Jungle Scout shows searches and sales for products like gas masks, first aid kits, and solar-powered flashlights have ticked up notably in the past 30 days.The data also show increased searches for “riot gear” and “hurricane preparedness kit” during the same period,…

[ad_1] Beata Zawrzel/NurPhoto via Getty Images 2025-06-26T18:46:28Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. One of Trump’s top economic advisors addressed the looming July 9 tariff deadline on Thursday. Economist Stephen Miran believes that some countries will be impacted more than others. He said tariff rates will come down to countries’ willingness to negotiation with Trump. One of President Donald…

[ad_1] CoreWeave co-founder and CEO Michael Intrator’s net worth has skyrocketed to about $10 billion in the three months since the AI firm went public, Bloomberg reports. His company’s debut was both the biggest tech IPO so far of 2025 –  raising $1.5 billion –  and also somewhat of a clunker: its founders had reportedly hoped to raise a lot more – up to $4 billion – and had to skinny their ambitions. CoreWeave still feels a bit like both a success and a house of cards. It offers AI training and inference cloud services built upon a growing stockpile…

[ad_1] Five years ago, quant hedge fund Engineers Gate was reeling — from poor returns, investor redemptions, and the ignominious departure of its founder.Its fortunes look different these days. The fund is now firmly in growth mode, preoccupied with deploying $4 billion in assets to a growing roster of portfolio managers and keeping a performance hot streak rolling.Engineers Gate is up about 12% through the end of May, according to people familiar with the performance. That tops the 2% composite gain among hedge funds and the 7.9% gain among equity quant funds, according to hedge fund analytics firm PivotalPath’s index…

[ad_1] Shares of Royal Caribbean (RCL) broke out to all-time highs this week, driven by renewed optimism in the summer months. Our deep dive into the technical analysis evidence suggests this could be just the beginning for this cruise line stock. Let’s review the key evidence based on price and volume trends and also see what one of the classic charting methodologies can tell us about price dynamics. The daily chart of RCL features a pattern I call “moving averages proper order,” where three moving averages are aligned to confirm an uptrend phase. The 20-day exponential moving average is above…

[ad_1] A worker inspects a 24-kilowatt Generac home generator at Captain Electric in Orem, Utah, on Feb. 18, 2021.George Frey | Getty Images News | Getty ImagesWith hurricane season underway and an oppressive heat wave rolling across parts of the nation, investors have been snapping up shares of Generac.The backup generator maker is on track for its sixth straight day of gains and best week since November 2024. It is up nearly 12% this week.High temperatures blanketed areas through the central and eastern U.S. starting last weekend, resulting in reported power outages in states such as New York, New Jersey…

[ad_1] There’s little debate anymore about the fact that AI will displace human workers.How many workers? That’s another question.And here’s an estimate from Salesforce CEO Marc Benioff: He says up to 50% of the work at his enterprise software company is now being done by AI.That quote comes from a recent interview with Bloomberg’s Emily Chang. And if that sounds like a number that invites some skepticism, you’re not alone.For starters, Benioff is a sales guy who loves big events, big buildings, and big claims, so you might expect there could be some exaggeration going on here. Maybe he’s trying…

[ad_1] After Google temporarily paused the rollout of its buggy AI-powered “Ask Photos” feature in Google Photos, the company announced that it has improved the feature’s ability to quickly return search results. The AI feature, first introduced at Google’s I/O developer conference last year, allows users to search across their collection of digital photos using natural language queries. Leveraging Google’s Gemini, Ask Photos taps into the AI’s ability to understand a photo’s content and its other metadata when responding to input. However, users complained the AI feature wasn’t reliable and was often slow to respond while the AI was “thinking.”…

[ad_1] This article is part of “CMO Insider,” a series on marketing leadership and innovation.The convergence of tech and marketing is impacting the way that companies form and nurture connections with consumers. The CMO Insider breakfast event at Cannes, with BCG as a founding sponsor, offered an invite-only group of CMOs the opportunity to hear from different voices on AI and other ways marketers are connecting with consumers through tech.Speakers included will.i.am, a musician, producer, and entrepreneur; Jessica Apotheker, chief marketing officer at BCG; and a panel of senior marketing leaders from ELF Beauty, Mercedes-Benz USA, Citi, and Salesforce.Founder of the…