Disrupted or displaced? How AI is shaking up jobs – The Financial Times
During Ocado’s most recent earnings call, chief executive Tim Steiner said the group’s advances in artificial intelligence and robotics had allowed it to fulfil online...
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UK banks to experiment with Nvidia AI in ‘supercharged sandbox’ scheme – The Guardian
The UK’s financial regulator is to allow banks and other City firms to experiment with the US chipmaker Nvidia’s leading AI products to “speed up...
Hedge funds circle distressed French private equity-owned companies – The Financial Times
Hedge funds are circling more than a dozen distressed companies in France, as a string of economic shocks pushes growing numbers of businesses in the...
RSM Plans $1 Billion Investment in AI Agents, Other Services – WSJ
RSM’s U.S. unit plans to invest $1 billion in artificial intelligence over the next three years, well above its previous investments, in part to use...
ECB Is in Good Position on Rates, Lagarde Tells Monaco Info – Bloomberg
The latest interest-rate moves primes the European Central Bank to meet its medium-term inflation goal, President Christine Lagarde told television station Monaco Info.“We think we...
The U.S. Economy Is Headed Toward an Uncomfortable Summer – WSJ
The U.S. economy, which weathered false recession alarms in 2023 and 2024, is entering another uncomfortable summer.Job growth held steady in May, with the economy...
How managing energy demand got glamorous – The Economist
The shed, a glittering cultural centre in Manhattan’s Hudson Yards where Ralph Fiennes and Sir Kenneth Branagh have graced the stage, hosted an unlikely gathering...
Hiring Slowed in May, With 139,000 New Jobs – WSJ
U.S. job growth slowed slightly last month, a sign employers remained cautious about hiring amid uncertainty over tariffs and the nation’s economic outlook.The U.S. added...
Mobile millennial millionaires pose threat to wealth managers – The Financial Times
Half of rich millennials moved their principal tax residence last year or intend to do so this year, adding to the challenge faced by wealth...
Why this leading AI CEO is warning the tech could cause mass unemployment – CNN
The chief executive of one of the world’s leading artificial intelligence labs is warning that the technology could cause a dramatic spike in unemployment in...