10 Hrs
الاقتصادية - CNN
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الاقتصادية

2026-11-12T20:19:00.000Z

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Profits rise 65% to $1.2B

الاقتصاديةالاقتصاديةالاقتصادية
10 Hrs2026-11-12T19:40:00.000Z
Profits rise 65% to $1.2B

Nvidia exit, stocks down

الاقتصاديةالاقتصاديةالاقتصادية
11 Hrs2026-11-12T18:59:00.000Z
Nvidia exit, stocks down

Space42 profits rise 31%

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19 Hrs2026-11-12T11:17:00.000Z
Space42 profits rise 31%

Egypt Gold Prices Edge Up

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19 Hrs2026-11-12T11:00:00.000Z
Egypt Gold Prices Edge Up

Fertiglobe's $944m profit

الاقتصاديةالاقتصاديةالاقتصادية
20 Hrs2026-11-12T10:04:00.000Z
Fertiglobe's $944m profit
الاقتصادية - CNN

Source: الاقتصادية

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Fed Warns of AI Job Risks

Fed Warns of AI Job Risks

Michael Barr, a member of the Federal Reserve Board of Governors, warned that the rapid spread of artificial intelligence could cause serious short-term disruption in the labor market, displacing large numbers of workers—particularly young and less experienced people—and widening inequality. He said how the gains are distributed will depend on competition continuing and small businesses being able to access the technology. He cautioned that if it becomes concentrated in a handful of companies, the economy could become more reliant on capital than on labor. Labor’s share of U.S. income fell to a record low of 52.8% in the second quarter of 2026, compared with around 60% to 65% from World War II through the start of the current century.

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