CNBC In Other News brings you stories that missed the spotlight.
Despite signals of a resilient economy, Americans never regained their confidence after experiencing consecutive shocks in recent years, including Covid-19, President Trump’s tariffs and the Iran war. CNBC’s Alex Harring looks at some of the data explaining the gap between where the economy stands and how Americans feel about it. Data on unemployment, real incomes, inflation and equity price gains reveals an economic split that’s been broadening post-Covid.
Japanese companies now own 33 homebuilders that operate in the U.S. Once the most recent deals are closed, they will have close to 6% of U.S. market share. As they build more homes, it could benefit U.S. consumers, because firms out of Japan are much more efficient in their production. CNBC’s Diana Olick reports.
CNBC’s Eunice Yoon explores how China is using humanoid robots to advance beyond entertainment to employment.
Chapters:
0:00-0:41 Introduction
0:41-2:49 Chapter 1: How Inflation Is Hurting Consumer Confidence Despite A Strong Economy
2:49-7:47 Chapter 2: Why Japanese Homebuilders Are Expanding Into The U.S. Housing Market
7:47-10:00 Chapter 3: China’s Humanoid Robots Gear Up For Work
Reporter: Alex Harring, Diana Olick, Eunice Yoon
Produced by: Kaan Oguz, Lisa Rizzolo, Devan Burris, Christian Nunley
Camera by: Kaan Oguz, Pat Pugliese, Natalie Rice
Additional Editing by: Carlos Waters, Andrea Miller
Animation: Jason Reginato, Christina Locopo, Emily Park
Managing Producer: Anuz Thapa
Senior Managing Producer: Shawn Baldwin
Manager Video Distribution: Divya J. Verma
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, Tri Pointe Homes, Boxabl
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In Other News: Low Consumer Confidence, Japanese Homebuilders On Buying Spree & Humanoids In China
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