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Cadillac is giving another EV its V-series performance treatment, and this time it's the 2026 Optiq-V. The hotter version of the compact SUV has more power, a retuned suspension, and a sportier look.
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11 minutes ago
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87% of Fortune 500 Fall Short in Applying AI and Automation for Job Seekers — Yet Nearly Half of 18 – 34-Year-Olds Want a Personalized TikTok-Like Experience
Phenom's 9th Annual Study Unveils Majority of Fortune 500 Companies are Insufficiently Leveraging AI and Automation to Deliver Tailored Candidate Journeys, Missing the Mark with Candidates' Expectations & Extending Talent Gaps PHILADELPHIA, June 12, 2025--(BUSINESS WIRE)--Phenom, an applied AI company specializing in human resources, recently published its ninth annual State of Candidate Experience: 2025 Benchmarks Report. Based on an analysis and ranking of the Fortune 500's candidate experiences across 14 industries, the report revealed that while organizations are increasingly investing in optimizing their career sites with AI and automation, many continue to fail to meet job seeker expectations with hyper-personalized experiences that effectively attract, engage and convert talent throughout the talent journey. Nearly half (47%) of American 18 – 34-year-olds say that if they were applying for a job at a company, their career site should be able to learn what jobs they're interested in the same way the algorithms of their social media platforms (e.g. TikTok and Instagram) learn what videos and posts users might be interested in, according to a recent survey commissioned by Phenom and conducted by The Harris Poll1. This shows a large disconnect between a population of workers who are expected to make up 80% of the advanced economies' workforce globally by 2034, and what the Fortune 500 are delivering today — with 87% of them failing to use AI and automation to hyper-personalize their career sites according to Phenom's report. Today's candidates not only seek alignment with an organization's relevant roles and purpose before applying to open jobs, but a career site experience that is intuitive and consumer-grade2. Leading organizations that recognize this evolution are delivering personalized experiences through segmented candidate journeys across all roles and levels by implementing omnichannel approaches to job discovery, strategically investing in automation and intelligence solutions to scale personalization efficiently, and developing a compelling employer brand narrative that creates sustainable competitive advantages. 1 This survey was conducted online within the United States by The Harris Poll on behalf of Phenom from May 20 - 22, 2025 among 2,055 adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.5 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact Phenom. 2 Based on Phenom's data. Companies Fail to Personalize the Candidate JourneyThe State of Candidate Experience: 2025 Benchmarks Report revealed extensive opportunities for the Fortune 500 to enhance personalization throughout the candidate journey: 88% did not suggest related job openings based on current job title and skills 87% failed to use AI and automation to hyper-personalize career sites 83% did not have a chatbot on the career site that provides job recommendations 83% did not show recently viewed jobs 76% did not automatically detect the candidate's location and suggest relevant jobs nearby 74% did not clearly articulate the employer value proposition throughout the candidate journey in a way that was easy to find 73% did not feature a lot of relevant, quality content that conveys the employer brand throughout the candidate journey 68% did not use a passwordless job cart/favorites function for candidates to save job searches 31% did not use video content featuring employee testimonials showcasing company culture Strongest Candidate Journey AreasThe report highlighted a few key areas where the Fortune 500 continue to improve, including technical website performance and job descriptions: 96% had well-written job descriptions with at least three clear responsibilities and qualifications 91% provided the ability to upload a resume and cover letter from mobile devices 82% provided an easy mobile-apply process in three steps or less 86% increase in search providing relevant suggestions based on keywords 62% increase in social login available on the career site 33% increase in type-ahead search on all career site pages Leading Organizations Leverage AI & Automation, Transforming Candidate ExperiencesFortune 500 companies that are gaining a competitive advantage are successfully customizing and enhancing candidate experiences: "We've been able to customize and personalize our candidate experience. For example, we added day-in-the-life videos to all of our manufacturing job pages. Soon after, we noticed an increase in application rates," said Laura Schmidt, Talent Marketing Consultant for Land O'Lakes, Inc. "We're also gaining efficiencies through automations, allowing our recruiters to focus on connection with candidates instead of manual tasks. And we're able to share our brand over time with candidates knowing we may not always have the perfect job for them at the moment, but we're able to keep them engaged when that perfect job opens up." "We created a dynamic career site that empowers candidates to go on their own journeys, highlighting job categories and creating landing pages with content and openings that are most relevant," said Scott Ewert, SVP, Talent Acquisition at Regions Bank. "We wanted one word to define the process of viewing job openings and scheduling interviews: seamless. Indeed, we have created a seamless experience not only for talent prospects but also for our teams who have a clearer window into the most qualified, most capable candidates for open positions. It's very specialized, allowing people to get a more authentic view of what it's like to work in specific departments at Regions. This is an investment that's yielding solid results." "Creating a unified candidate journey with a tailored content strategy has empowered us to proactively answer candidate questions, increase our brand awareness and highlight why TD SYNNEX is a great place to grow a career," said Grant Smith, Global Recruitment Marketing Specialist at TD SYNNEX. "Companies that prioritize their talent experience strategy are likely to see increases in quality of hire, boosts in recruiter productivity and strengthened brand perception." Business-Critical Guidance for Candidate Journey ImprovementsPhenom's 2025 State of Candidate Experience report includes recommendations for organizations seeking to improve how they attract, engage and convert talent with AI and automation. Deliver industry and job-specific personalization. Generic career sites create friction and waste valuable time for candidates looking to learn about jobs and submit applications. Personalize the candidate experience by serving up hyper-relevant content and work opportunities based on context including the candidate's preferences and experience. This ultimately accelerates discovery and conversion while demonstrating your organization's commitment to creating a phenomenal candidate journey. Build a skills-forward career site. Savvy candidates navigate career opportunities based on transferable skills rather than rigid job titles or industry boundaries. Organizations must reimagine their career sites, where talent can instantly connect with relevant opportunities based on their individual capabilities, and where job descriptions prominently showcase the skills and competencies that drive success. Invest in conversational AI and automation. Extend your talent acquisition team's capabilities 24/7 with advanced conversational AI that provides instant support throughout the entire candidate journey — from initial job discovery to onboarding as a new hire. These AI-powered chatbots should seamlessly handle questions, recommend relevant jobs, conduct preliminary screening, and even support the application and interview scheduling process. The Role of Agentic AI in Candidate JourneysAI agents built to meet specific business, personas and industry needs will continue to transform talent attraction and engagement strategies. Experience Agents designed for the candidate journey transform how job seekers find and apply for the right work, and Persona Agents augment how talent acquisition teams attract and engage best-fit talent to: Accelerate hiring, filling specialized and high-volume roles with personalized and automated candidate engagement Slash talent acquisition workloads in half by increasing efficiency and growth through automation and intelligence Streamline employer branding, with generative AI and no-code design tools that make creating branded and personalized content effortless and engaging Enhance how HR teams work with AI to meet or exceed hiring goals "There is a clear divide between companies experimenting with AI and those truly harnessing its power to accelerate talent acquisition processes and transform candidate engagement through hyper-personalization," said John Harrington, Sr. Director, Product Marketing at Phenom. "In today's economy, AI-powered recruitment isn't just an advantage — it's survival. Organizations can automate up to 90% of hiring workflows while improving candidate experience. Those who resist this evolution won't just fall behind; they'll become irrelevant in a market where efficiency and speed directly determine viability." Phenom's AI, Generative AI and AI agents empower organizations to hire and onboard faster, develop better and retain longer through augmented work — while ensuring responsible AI adoption and utilization. Phenom's award-winning AI technology innovations fuel productivity and efficiency for recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT. To read the full 2025 report and Fortune 500 company rankings, and industry breakdowns across 14 industries including Healthcare & Pharmaceutical, Manufacturing & Materials, Retail, Restaurant & Hospitality, and Transportation & Distribution, download here. Organizations not featured in the report can request their own complimentary career site audit here. About PhenomPhenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. View source version on Contacts Jennifer Sign in to access your portfolio
Yahoo
12 minutes ago
- Yahoo
Oil prices ease but hover near two-month highs as Middle East tensions escalate
Oil prices fell on Thursday morning, easing back after rallying but hovered around their highest point in two months, as investors eyed escalating tensions in the Middle East and a potential disruption to supply. Brent crude futures (BZ=F) fell 0.9% to $68.31 a barrel, at the time of writing, while West Texas Intermediate futures (CL=F) declined 0.9% at $67.56 a barrel. US president Donald Trump said on Wednesday that some of US personnel were being moved out of the Middle East because "it could be a dangerous place to be". This came following reports earlier in the day that the US was preparing a partial evacuation of its embassy in Baghdad, Iraq. CBS News reported that US officials had been told Israel was ready to launch an operation into Iran and that the US anticipated Iran could retaliate on certain American sites in Iraq. Read more: FTSE 100 LIVE: Stocks slump as UK GDP contracts in blow to Rachel Reeves Trump said in an interview with the New York Post, released earlier on Wednesday, that he was "less confident" about getting Iran to agree to halt its nuclear programme. In a press briefing on Wednesday, Iran's defence minister Aziz Nasirzadeh said: "Some officials on the other side threaten conflict if negotiations don't come to fruition. If a conflict is imposed on us ... all US bases are within our reach and we will boldly target them in host countries." Matt Britzman, senior equity analyst at Hargreaves Lansdown, said that oil prices remain near a two-month high "driven by rising US-Iran tensions and fears of supply disruptions. At the same time, optimism about energy demand grew after the US and China reached a trade framework, and US crude stockpiles fell more than expected, signalling strong consumption." Gold prices jumped on Thursday morning, as Middle East tensions buoyed demand for the safe-haven asset. Gold futures (GC=F) surged nearly 1% to $3,376 per ounce at the time of writing, while the spot gold price advanced 0.1% to $3,359.49 per ounce. The precious metal is considered to be a safe haven asset, in acting as a hedge amid political and economic uncertainty. Britzman said: "Gold was another winner, with its safe-haven appeal gaining traction amid rising Middle East tensions and softer US inflation data, which gave a modest boost to expectations for rate cuts." Read more: UK economy shrinks by 0.3% in April Data released on Wednesday showed that the US consumer prices index (CPI) rose by 0.1% month-on-month, which was below April's 0.2% rise and lower than economists' estimates of a 0.2% monthly gain in prices. On an annual basis, CPI rose 2.4% in May, a slight uptick from April's 2.3% gain, which marked the lowest yearly increase since February 2021. Investors were also monitoring the latest trade developments, after Trump said in a social media post on Wednesday afternoon that Washington's deal with China is "DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME". The pound rose slightly against the dollar (GBPUSD=X) on Thursday morning, up 0.2% to $1,3571, despite a bigger than expected contraction in UK economic growth. The Office for National Statistics (ONS) said that the UK's gross domestic product (GDP) — the standard measure of an economy's value — shrank by 0.3% in April, which was more than the 0.1% contraction expected by economists. The fall followed growth of 0.2% in March and a 0.7% rise in GDP in the first quarter. This latest economic data comes a day after chancellor Rachel Reeves delivered the UK spending review, sharing details of governmental department budgets for the next few years. Key announcements included a £29bn per year increase in funding for the NHS, while the government's defence budget is set to increase from 2.3% to 2.6% of the country's gross domestic product (GDP) from 2027. Reeves also shared details of a £39bn boost to funding for affordable housing and £15.6bn for transport projects in England's largest city regions outside of London. Stocks: Create your watchlist and portfolio Danni Hewson, head of financial analysis at AJ Bell, said: "It's hard not to look at today's headline fall in economic growth as anything other than inevitable. Company after company had warned the chancellor that the decisions taken during last year's budget would impact business growth and create huge uncertainty about existing staffing levels." "Rachel Reeves has said she is determined to deliver growth, and her spending plans have been given a cautious welcome by business groups up and down the country — but the caution speaks volumes," she said. "Can the government's trade policies and spending plans deliver the promised growth or was the energy demonstrated by the UK economy at the start of the year merely a tease?" In other currency moves, the pound fell 0.4% against the euro (GBPEUR=X), trading at €1.1743 at the time of writing. More broadly, the the FTSE 100 (^FTSE) was little changed, trading at 8,863 points at the time writing. For more details, on broader market movements check our live coverage here. Read more: Bitcoin price dips as markets cool after US-China tariff talks What you need to know about UK's private stock market Pisces UK house prices remain flat as buyer demand and sales steadyError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
Crude Oil: Uptrend May Extend on Cautious Trade Deal Optimism, Supply Risks
Oil prices rose 5% on hopes of a US-China trade deal boosting demand. Tensions with Iran and weak nuclear talks raise the risk of regional conflict and price spikes. OPEC+ supply shortfalls and falling US inventories point to a possible crude shortage. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro's AI-selected stock winners. Oil prices jumped by as much as 5% yesterday, bringing WTI crude close to $70 per barrel. The main reason for the rise is positive news about a possible trade deal between China and the US, though no final agreement has been reached yet. At the same time, talks with Iran over its nuclear program have not made much progress. If the negotiations fail completely, there is a risk of military conflict, which often pushes oil prices higher. Adding to the upward pressure, US oil inventories fell more than expected for the third month in a row. Looking at the different parts of the ongoing tariff war, the situation with China seems to have the biggest impact on financial markets, including oil. The latest statement says that the deal is almost complete, but both Donald Trump and Xi Jinping still need to sign it. Given how quickly things can change, nothing is certain yet. Still, the market is already hoping for a return to normal trade, especially for semiconductors and rare earth metals, which appear to be the key negotiating points for both countries. A revival in trade and a stable long-term deal would help GDP growth, which would also increase demand for oil. Yesterday's decision to withdraw some staff from the US embassy in Baghdad is a bad sign for the US-Iran talks on stopping Iran's nuclear program in exchange for easing Western sanctions. People involved in the talks say that Iran is demanding more, and although negotiations are still ongoing, the chances of a deal look slim. In the worst case, the US could launch strikes on Iran's nuclear sites. If that happens, Iran may retaliate, and the conflict could spread across the region, pushing oil prices much higher. Last month, OPEC+ announced a production increase of 310,000 barrels per day but managed to raise output by only 180,000 barrels. Key producers, led by Saudi Arabia, were unable to boost production as planned. Combined with falling US oil inventories, this points to a possible, at least short-term, shortage of crude on the global market, especially if trade activity and GDP growth in the US pick up. WTI crude oil has broken through the resistance level around $65 per barrel, opening the way for further gains. The next target for buyers is the supply zone near $72 per barrel, which is where a strong downward move started in early April. Any possible pullbacks are likely to face support near the intersection of the rising trend line and the previously broken resistance, which now acts as support. In a very bullish scenario, if prices break above $72 per barrel, they could even move toward this year's highs just below $80 per barrel. *** Be sure to check out InvestingPro to stay in sync with the market trend and what it means for your trading. Whether you're a novice investor or a seasoned trader, leveraging InvestingPro can unlock a world of investment opportunities while minimizing risks amid the challenging market AI: AI-selected stock winners with a proven track record. InvestingPro Fair Value: Instantly find out if a stock is underpriced or overvalued. Advanced Stock Screener: Search for the best stocks based on hundreds of selected filters and criteria. Top Ideas: See what stocks billionaire investors such as Warren Buffett, Michael Burry, and George Soros are buying. This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk rests with the investor. We also do not provide any investment advisory services. Related articles Crude Oil: Uptrend May Extend on Cautious Trade Deal Optimism, Supply Risks Silver: Potential Break Above $35 Could Unleash the Next Leg Up Amid Tight Supply Gold Eyes Breakout Above $3,380 as Long-Term Drivers Stay Firmly in Place
