The US economy added 64,000 jobs in November and lost 105,000 jobs in October, while the November unemployment rate rose to 4.6%. The data represents ongoing weakening in the labor market. Further ...
Earlier this month, speaking on Fox News' Sunday Morning Futures, Dimon pushed back on fears of an immediate labor market collapse due to AI, while acknowledging that job losses are inevitable. He ...
Ajay Rajadhyaksha, global chairman of research at Barclays, joins WSJ’s Take On the Week podcast to explore the relationship between artificial intelligence and the economy. Rajadhyaksha doesn’t see ...
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[NEW YORK] As McKinsey partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the ...
TOKYO, Dec ‌19 : Japanese electric motor maker Nidec said founder and chairman Shigenobu Nagamori has voluntarily left the board as of Friday to assume the title of chairman emeritus. CEO and ...
Dec 15 : Goldman Sachs is restructuring its influential technology, media, and telecom (TMT) investment banking group with an eye toward infrastructure deals and artificial intelligence, creating two ...
[TOKYO] Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US investment firm KKR for up to 81 billion yen (S$675 million).