In Other News: Low Consumer Confidence, Japanese Homebuilders On Buying Spree & Humanoids In China
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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 » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC In Other News: Low Consumer Confidence, Japanese Homebuilders On Buying Spree & Humanoids In China
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