Automation isn’t the biggest threat to the steel industry, unfair trade is, congresswoman says

The steel industry has been “battered” thanks to Chinese and Korean imports, Rep. Marcy Kaptur, D-Ohio, told CNBC on Wednesday. While a lot of focus has recently been on the rise of automation and its role in killing jobs in the U.S., she believes that...

Robots will be the next big utility, like electricity, expert Martin Ford says

Robots and artificial intelligence are going to pose a major threat to jobs in the coming years, Martin Ford, author of “Rise of the Robots: Technology & the Jobless Future,” told CNBC on Wednesday. “Machines are encroaching on the fundamental...

Buy Morgan Stanley on the dip due to its improving trading business, Deutsche Bank says

Deutsche Bank raised its rating on Morgan Stanley to buy from hold, citing a turnaround in its securities trading businesses. “We continue to prefer market sensitive banks over large regionals. This reflects lower relative valuations vs. historical levels, and...