“Young people are anxious, that they’re economically frustrated, and they view AI with deep anxiety and suspicion, not as some kind of great thing.” Source: fortune.com

David Zervos, Jefferies, joins ‘Power Lunch’ to talk the state of the U.S. economy and how that is being reflected in the markets. Source: cnbc.com

A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That’s because investors are demanding more and more compensation for holding government debt after the war in Iran ignited fresh inflation fears and concerns also swirl about the level of public debt and central bank interest rates. Source: bloomberg.com

International Career Institute has spent years building its name around that tension, offering online study that speaks in the language of work, flexibility, and forward motion. Source: usatoday.com

How businesses and consumers respond to ongoing economic shocks will determine if the U.S. Federal Reserve can “look through” current ​high inflation or needs to consider raising interest rates, Richmond Fed ‌President Thomas Barkin said on Thursday. Source: reuters.com

The U.S. economy is showing the strain of the nearly three-month old conflict with Iran, new S&P surveys showed. Another flareup in inflation has raised business costs and pared customer demand. Source: marketwatch.com