Business & Finance Summary

In today's business and finance news, there are significant developments impacting both the job market and investment strategies. A report indicates that elite computer science degrees from Stanford University no longer guarantee job placements in tech, as companies increasingly rely on AI-driven coding tools that reduce demand for entry-level engineers.

Meanwhile, AustralianSuper, Australia's largest pension fund, is set to cut its allocation to global stocks, citing concerns over a maturing U.S. tech cycle and high valuations, which could signal a shift in investment strategies amid rising market uncertainties.

Additionally, President Donald Trump is actively campaigning in North Carolina, aiming to reshape public perception of the economy by promoting his administration's efforts to reduce costs and improve economic conditions.

Trump has been vocal about rating his economic performance as 'A plus plus', indicating a strong confidence in his policies despite mixed public sentiment. This confluence of factors highlights the evolving landscape of business and finance, marked by changing job market dynamics and strategic shifts in investment approaches.