The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
According to research from the World Economic Forum, 35 percent of the skills you need to thrive in a job today will be different five years from now.
So, how do workers and students prepare for a workplace of the future if we're not quite sure what it will look like? Five of WEF's Young Global Leaders reveal the skills of tomorrow.
Esteban Bullrich, Argentina's Education Minister
A child today can expect to change jobs at least seven times over the course of their lives – and five of those jobs don't exist yet.
To get a better understanding of the skills that will be needed, we conducted a country-wide survey, that found soft skills – such as teamwork, knowledge of digital tools, an understanding of rules and regulations, responsibility and commitment – are the most relevant for the future.
How can we teach our children these skills? In Argentina, we're teaching them across all subjects, and in Buenos Aires, we've introduced innovative classes like coding and entrepreneurship.
We've also gone beyond the school gates, by creating neighborhood youth clubs where children can continue learning these skills. We're also ensuring that each student completes a 200-hour professional practice course, so they can apply all the skills they're learning to the world of work.
Data literacy plus empathy
Belinda Parmar, CEO of The Empathy Business
Sometimes, when we perceive the world through data-driven models, it can be harder to see the humanity behind the numbers. Technology has the potential to erode our sense of empathy.
The challenge of the next 10 years will be to rebuild the empathy that we've lost. Companies will be looking for leaders who are able to help them do that - people with a trio of technical, linguistic and mathematical skills, who can make sense of the torrents of information that will continue to emerge.
This will require a new kind of "data literacy", which will be in short supply, and therefore one of the most important skills of tomorrow.
Vikas Pota, CEO of the Varkey Foundation
It's impossible to predict which "hard skills" children in today's classrooms will need for jobs in 15 years' time. Who could have conceived two decades ago that there would be a whole new industry in search engine optimization?
The jobs that artificial intelligence can't replace will be those that require strong human character traits. Workers will need empathy – the ability to persuade and to work well with others. They'll need a positive attitude – the ability to relearn, go back to college, and adapt to new situations. Thriving in this uncertain world, where careers could change every few years, will also require resilience.
These "soft" skills are hard to teach and, as much as mathematics or science, will demand great teachers.
Biola Alabi, founder of Grooming for Greatness
Given how much "noise" there is in this digital age, individuals must be able to sieve through huge volumes of data to establish which information is most relevant – and to make quick decisions based on this.
Adaptability will be another crucial skill. The challenges organizations face are more complex than in the past, so specializations will no longer be enough to solve key problems. We will instead need to develop skills that allow us to navigate and find comfort in ambiguity.
A person's capacity to apply concepts, ideas and problem-solving techniques across different sectors will determine whether or not they'll thrive.
Veronica Colondam, founder and CEO of the YCAB Foundation
The entrepreneurial spirit could be the key to pulling people out of poverty. I've seen this first-hand: when people are given access to capital, and are taught the skills needed to grow their business (such as financial literacy), their incomes often double or even triple.
But it's not enough to be innovative, or collaborative, it's also about knowing when to apply each of them, and how they can be used in a business context.
If we can ensure impoverished people are equipped with these skills, we'll help create a generation of innovators who're not only surviving, but are actually contributing to improving the state of the world.
The Young Global Leaders and Alumni Annual Summit is taking place from 18 to 21 October in Tokyo.