In this episode of Motley Fool Money, Rule Breakers strategy senior vice president Brian Richards sits down with Morgan Housel, bestselling author of The Psychology of Money, Same As Ever, and The Art of Spending Money, for a conversation about how the AI boom is intersecting wit
In this episode of Motley Fool Money, Rule Breakers strategy senior vice president Brian Richards sits down with Morgan Housel, bestselling author of The Psychology of Money, Same As Ever, and The Art of Spending Money, for a conversation about how the AI boom is intersecting wit
A Robot Economy: Who Gets Rich, Who Gets Left Behind Authored by Lance Roberts via RealInvestmentAdvice.com, Robots are coming to the economy. It is inevitable, really, and there is nothing that will stop it. At some point in the not-so-distant future, robots will infiltrate every aspect of our lives, from office work and manufacturing to service work and trade skills, and even your home. Here are...
A Robot Economy: Who Gets Rich, Who Gets Left Behind Authored by Lance Roberts via RealInvestmentAdvice.com, Robots are coming to the economy. It is inevitable, really, and there is nothing that will stop it. At some point in the not-so-distant future, robots will infiltrate every aspect of our lives, from office work and manufacturing to service work and trade skills, and even your home. Here are some numbers for you. The real question I want to explore in today’s post is what happens to the people who don’t own the robots? Let’s dig in. I spent the past week reading through a detailed account of what’s happening inside Figure’s robotics facility in San Jose, and I want to be direct: the humanoid robots economy is no longer a thought experiment. Figure’s latest robot ran for 67 consecutive hours of fully autonomous work, kitchen tasks, package handling, and logistics, without a single error. That’s not a demo reel, that’s a product. When you factor in a projected lease cost of roughly $10 a day, it’s a product priced to replace the single largest input cost on every corporate income statement in America: human labor. The optimists call what’s coming the “age of abundance.” Cheaper goods, freed-up time, robots building robots until supply constraints essentially disappear. That would be incredible, and you should not dismiss that vision. Furthermore, I think it’s directionally correct over a long enough horizon. But after 35 years of watching economic cycles play out, I’ve learned that the gap between a macro promise and the lived experience of actual households is where the real story lives. In an upcoming article, we will dig deeper into the problems plaguing the K-shaped economy. However, that bifurcated structure, in which higher-income households ascend while lower-income ones stagnate, was already a structural feature of American life before a single humanoid robot touched a factory floor. Back to our question, does the arrival of humanoid robots at scale fix ...
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the week. Cash trade got kicked off early again this week, starting at $250-252 across the country and working up to $256-257 on Wednesday. Feeder cattle futures posted losses of 40...
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the week. Cash trade got kicked off early again this week, starting at $250-252 across the country and working up to $256-257 on Wednesday. Feeder cattle futures posted losses of 40...
Lean hog futures posted losses of 62 cents to $1.67 at the Friday close, with June slipping 62 cents on the week. USDA’s national base hog price was reported at $92.64 on Friday morning, down 61 cents from the day prior. The CME Lean Hog Index was back up 10...
Lean hog futures posted losses of 62 cents to $1.67 at the Friday close, with June slipping 62 cents on the week. USDA’s national base hog price was reported at $92.64 on Friday morning, down 61 cents from the day prior. The CME Lean Hog Index was back up 10...
Corn futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher this week. The CmdtyView national average Cash Corn price was 7 cents higher on the day to $4.39 ¾....
Corn futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher this week. The CmdtyView national average Cash Corn price was 7 cents higher on the day to $4.39 ¾....
Cotton futures closed the Friday session with contracts up 89 to 199 points higher, as July was up 483 points for the week. December was up 398 points. The US dollar index was $0.146 higher at $98.065. Crude oil was down $2.57 to $102.50. Managed money added another 3,891 contracts...
Cotton futures closed the Friday session with contracts up 89 to 199 points higher, as July was up 483 points for the week. December was up 398 points. The US dollar index was $0.146 higher at $98.065. Crude oil was down $2.57 to $102.50. Managed money added another 3,891 contracts...
Soybeans futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher this week. November was up 27 cents on the week. The cmdtyView national average Cash Bean price was up 13 1/2 cents at $11.37 3/4. Soymeal futures were steady to...
Soybeans futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher this week. November was up 27 cents on the week. The cmdtyView national average Cash Bean price was up 13 1/2 cents at $11.37 3/4. Soymeal futures were steady to...
Key PointsKailix Advisors initiated a 239,800-share stake in Peabody Energy (NYSE: BTU); estimated transaction value is $8.38 million based on quarterly average price.
Key PointsKailix Advisors initiated a 239,800-share stake in Peabody Energy (NYSE: BTU); estimated transaction value is $8.38 million based on quarterly average price.
On Wednesday, President Donald Trump touted the federal government's investment in Intel Corp. as one of America's most lucrative strategic bets. Trump Celebrates Massive Intel Windfall In a post on Truth Social, Trump said the government's equity position in Intel had generated enormous returns since his administration authorized the investment last summer. "I'm very proud of that Company in that...
On Wednesday, President Donald Trump touted the federal government's investment in Intel Corp. as one of America's most lucrative strategic bets. Trump Celebrates Massive Intel Windfall In a post on Truth Social, Trump said the government's equity position in Intel had generated enormous returns since his administration authorized the investment last summer. "I'm very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 day
At 6:00 PM Eastern time, Bitcoin (CRYPTO:BTC) rose 2.5% to $78,292.38, taking it to a 12% monthly gain. Ethereum (CRYPTO:ETH) gained 1.6% to $2,296.05 and Solana (CRYPTO:SOL) inched 1.0% higher to $83.72.
At 6:00 PM Eastern time, Bitcoin (CRYPTO:BTC) rose 2.5% to $78,292.38, taking it to a 12% monthly gain. Ethereum (CRYPTO:ETH) gained 1.6% to $2,296.05 and Solana (CRYPTO:SOL) inched 1.0% higher to $83.72.