Canada Unemployment Rate Holds at 7.1% in September – WSJ
Hiring in Canada was unexpectedly strong in September, steadying what has been a weak labor market and raising doubts as to whether the central bank
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Bank deregulation set to unlock $2.6tn of Wall Street lending capacity – The Financial Times
US banks are set for an unprecedented easing of capital rules, which new research suggests could unlock $2.6tn in lending capacity and increase pressure on
Bank of England warns of growing risk that AI bubble could burst – The Guardian
The Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations
Why gold is having its biggest year since 1979 – CNN
Gold is having a gangbusters year — and that’s typically a red flag about the state of affairs in the world. This week, gold blew
A $2bn AI unicorn tests London’s nerve – The Economist
This summer Sir Sadiq Khan, London’s mayor, opened a new glass-fronted office block in the centre of the capital. Its tenant was Synthesia, a firm
UK Overhaul of Jobless Benefits Would Save £3 Billion, IFS Says – Bloomberg
UK government plans to introduce a new Unemployment Insurance benefit could save as much as £3 billion ($4 billion) a year and increase weekly payments
The flawed Silicon Valley consensus on AI – The Financial Times
The flawed Silicon Valley consensus on AI. Serious questions remain about what will happen if we do — and don’t — replicate human intelligence. In
AI Should Help Fund Creative Labor
Generative AI models are trained on publicly accessible creative content yet offer little to the artists, journalists, coders, and others who produce it. A levy
PODCAST: The largest leveraged buyout in history?
Electronic Arts, a publicly traded company, was just purchased for $55bn by a consortium of investors led by Donald Trump’s son-in-law Jared Kushner. The investors
The future for EVs in America looks grim. But the auto industry isn’t giving up – CNN
Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration