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  • Business
    Yahoo Finance Video

    Labor market is ‘anything but weak’: RSM chief economist

    RSM’s chief economist Joe Brusuelas takes umbrage with the characterization of the US labor market as weak. He tells Yahoo Finance’s Jared Blikre why he sees the market as “remarkably resilient.” See the full interview on, “Stocks in Translation.” This post was written by Jimi Corpuz

  • Business
    Yahoo Finance Video

    AI-powered wearables that read your thoughts

    Meta CEO Mark Zuckerberg is touting an armband that could allow you to type just by thinking. Apple has a patent for airpods that could measure brain activity. At the same time, researchers have discovered ways to use AI to decode your brain activity—a fancy way of saying mind reading. Experts say this could be transformative for neurotechnology, which is any product that can measure brain activity and translate that activity into commands (think typing but without your hands.) Tech companies are building off neurotech advancements in the medical world. Meta (META) is backing a team of neuroscientists whose research uncovered nonsurgical ways to detect brain activity and speech to interpret your thoughts. Noninvasive mind reading can be revolutionary in medicine for patients - it can also be used by big tech for consumer-facing products that put privacy at risk. Regulators and governments are beginning to take action, though.. After first-of-its-kind neuro rights legislation was passed in Colorado, activists are working towards federal policies that would safeguard our thought data as AI-powered research speeds up the development of products in this space. If you’re going to future-proof your portfolio, you need to know what’s NEXT in the business of neurotechnology. In this series, Yahoo Finance will feature stories that give a glimpse at the future, and show how companies are making big moves today that will matter tomorrow. For more on our NEXT series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.

  • Business
    Reuters Videos

    Unsold farm equipment piles up as boom times fade

    STORY: :: Unsold farm equipment piles up as boom times fade:: Falling crop prices and high interest rates aredeterring farmers from purchasing machinery:: That's according to equipment dealers, mostly in the Midwest,as well as farmers and analysts interviewed by Reuters:: Inventories of equipment like tractors and combines are piling up,cutting into the profits of dealers and manufacturers :: Inventory at Waupun Equipment in Wisconsin has risen30% to 35% since the end of last year, its dealer principal said:: Source: Sandhills Global:: In April, Inventory levels of high-horsepower tractors inthe U.S. surged by almost 107% year-over-year:: Source: Sandhills Global:: Combine inventory saw a 17.63% increase for the same time period:: Dealers are discounting machines, auctioning some offand suspending new orders to cope with the surplus:: Deere and CNH Industrial expect slower sales to hit their bottom lines this year after strong demand in 2022