On AI, the CEO highlighted the nature of work rather than headcount, saying it “doesn't mean we will have less people. It ...
Goldman Sachs is in discussions to secure a $10 billion mandate from Kuwait’s sovereign wealth fund for its asset-management ...
Inflation is almost double the 2% target, and the labour market loosening that may be required to get inflation back to target could be losing steam Matt Swannell, EY Item Club However, some experts, ...
The AI in two pilots aimed at replacing junior roles is described as being ‘not an AI model that chats, but one that ...
Bank of America will close all its branches in the United States for 24 hours on November 11. Here are the details.
China's central bank boss really, really doesn't like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express.
Digital bank Revolut has introduced stablecoin swaps at no cost. Supported tranactions include those with USDT and USDC.
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Massive Layoffs Fears Grow as Goldman Sachs Survey Signals Looming Wave of AI-Induced Job Losses
A new Goldman Sachs report warns that the rapid surge in AI investment could trigger massive job losses across key industries as automation replaces human roles.
In a recent report released by Goldman Sachs, analysts convey a distinct skepticism regarding the rational behaviour of the ...
The Bank of England is planning to move its banking regulation arm, the Prudential Regulation Authority (PRA), out of its ...
In a totalitarian-chic Beijing meeting room overlooked by a colossal picture of the Great Wall, a Western businessman and a ...
To ensure that your cash is getting the best return, compare the options among high-yield savings accounts and C.D.s.
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