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AI Inequality Deepens as Layoffs Surge and Power Centralizes
09 Nov 2025 02:04 GMT
OpenAI’s evolution has drawn sharp public focus. Initially founded to democratize artificial intelligence, the company now prepares for a $1 trillion IPO while seeking federal backstops. Once a nonprofit built on open collaboration, it now operates with …
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AEDC sacks 800 workers
08 Nov 2025 03:49 GMT
… sacked 800 employees, Weekend Trust reports.
The layoff follows months … employee, said the management had initially planned to sack 1,800 workers … first insisted that no employee should be laid off. … #47;Software Developers, Top Bankers and more.
Click here …
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Stocks Rebound To Session Highs After Soaring Corporate Layoffs Raise Rate Cut Odds
06 Nov 2025 16:15 GMT
… retailer’s board terminated the employment of CEO Bill Nash. … to uncertain sentiment. US layoffs remain a focus too, with … decades as artificial intelligence reshapes industries and cost-cutting accelerates. … Treasury yields, in what bankers on the deal said …
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Elizabeth Warren Blasts Trump For Trying To 'Kill' CFPB As Court Undermines Funding: 'Absurd And Plainly Illegal'
12 Nov 2025 13:12 GMT
… for mass layoffs across the agency. The court ruled that employee unions … must seek remedies through federal labor channels instead … agency, citing distress calls from bankers and loan officers over its …
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AI And Central Banking, Federal Reserve Governor Michael S. Barr, At The Singapore Fintech Festival, Singapore
12 Nov 2025 07:37 GMT
… enhance productivity, with widespread layoffs limited.5 But survey … research and development, remaking industries, and creating firms with … about AI raising labor productivity in that sector.
At the … Settlements notes that central bankers have the prospect of …
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As the federal shutdown ends, here's what banks need to know
11 Nov 2025 21:36 GMT
… 41 days. That includes layoffs at the Treasury Department, … bill temporarily reinstates the CDFI workers, there's every … organization, the Independent Community Bankers of America, have signed off … up bank loans for the sector.
The shutdown happened at …
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Wall Street’s Lucrative Side Hustle: Training AI to Master Finance
10 Nov 2025 21:56 GMT
… eye-catching in an industry where bonuses are already … However, the threat of layoffs is real; Accenture’s … achieving record profitability despite employment weakness, as discussed in … unpredictable, financial landscape. Bankers cashing in on training gigs …
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Tax Service, Realtor Marketing, Debt Payment Tools; Curinos on Apps; Events and Training
10 Nov 2025 18:28 GMT
… the Independent Mortgage Bankers Conference on Amelia Island … and collaborative roundtables with industry peers. Attendees can also … Capital Markets
Given the employment picture and the continued … The labor market remains stagnant (hiring is soft, but layoffs …
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Analysis: Sky’s ITV Bid Is A Head-Scratcher For Some, But There Is Logic To The $2B Deal
08 Nov 2025 10:18 GMT
… year, but for all the industry chatter and press speculation, … Sky, which has made mass layoffs over the past year but … Sky watches ITV,” said an industry observer.
The former Sky executive … an analogy often whispered among bankers who are merging weakening …
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Week in review: the financial capital elects a socialist
07 Nov 2025 19:58 GMT
… reported more than 150,000 layoffs in October. This is the … a slowdown in the US labor market.
Best of the rest … media and rolling news, central bankers already played a central role …