Financial services shun AI over job and regulatory fears
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Inc. - Business
June Job Numbers Hit 206,000 as Economy Rolls On
Unemployment remains low as monthly Labor Department figures indicate continued strength, though signs of slowing are creeping in at the margins. -
Financial Times - World
US economy adds more jobs than forecast but unemployment rises
Labour market shows signs of cooling as jobless rate increases to 4.1% in June and recent jobs growth is revised lower -
CNBC - Business
Here's where the jobs are for June — in one chart
Health care and government were two key areas of job growth, while employment in manufacturing shrank. -
CBS News - Top stories
Labor secretary on June jobs report, Biden's health
The U.S. economy added 206,000 jobs in June, according to data released by the Bureau of Labor Statistics. Acting Labor Secretary Julie Su joined CBS News to discuss the June jobs report as well as the ongoing questions about President Biden's ...Joe Biden -
CBS News - Top stories
Job market cools but remains resilient, report shows
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward. -
BBC News - Top stories
Tata talks under way but business secretary not guaranteeing all jobs
The new business secretary says "job guarantees" will form part of its negotiations with Tata about its Port Talbot site. -
The Wall Street Journal - World
Kamala Harris's Achievement
It’s something Republicans have tried and failed to do for the past 35 years. -
The Wall Street Journal - World
'Despicable Me 4' Secures Strong Holiday Weekend Opening
The film’s debut signals moviegoer demand for family-friendly films and popular sequels. -
The Wall Street Journal - World
'Be Fruitful and Multiply,' but Not Like That
If paths to conception like IVF are condemned, are other paths being supported? -
The Wall Street Journal - World
Hand Biden the Car Keys for Four More Years?
The president’s campaign team and supporters have run out of credible arguments.Joe Biden -
The Wall Street Journal - Business
People Are Feeling Stuck in Their Jobs. Bosses Are Starting to Worry.
Companies are trying new tactics such as letting employees take projects in new cities, letting some people apply for temporary positions on other teams and giving people fresh challenges. -
Financial Times - World
Immigrants really do get the job done
But even as migration greases the wheels of the US economy, it is becoming the source of increasing political friction -
Inc. - Business
Google Searches Prefer AI Spam to Real Content
Search engine optimization is theholy grailboost trafficto websites--but in the AI era, even Google's much-scrutinized search algorithm shows a preference for ripped-off, AI-generatedmaterial over original content.Google -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
VentureBeat - Tech
How AI Agents are changing software development
From writing code snippets to designing full software, here is how large language models (LLMs) are changing software development. -
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Inc. - Business
AI Firms Seek Multibillion-Dollar Valuations
A pair of artificial intelligence firms are currently raising funds. Runway seeks $4 billion valuation, and Magic nets$1.5 billion value as investors make commitments.Artificial Intelligence -
VentureBeat - Tech
Will the cost of scaling infrastructure limit AI’s potential?
The race is now on to scale AI workloads while controlling infrastructure costs. -
Financial Times - World
Samsung expects profits to surge on demand for AI chips
World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures -
ESPN - Sports
Nagelsmann fumes at handball rule, wants AI help
Germany manager Julian Nagelsmann has railed against the decision not to award his side a handball in Friday's Euro 2024 quarterfinal defeat to Spain that saw the hosts exit the competition.Artificial Intelligence -
VentureBeat - Tech
Beyond GPUs: Innatera and the quiet uprising in AI hardware
The brain-inspired architecture gives neuromorphic systems distinct advantages, particularly for edge computing applications in consumer devices and industrial IoT. -
VentureBeat - Tech
AI agent benchmarks are misleading, study warns
A study by Princeton University shows that benchmarks made for AI agents don't account for costs and are prone to overfitting.Artificial Intelligence -
Wired - Tech
The Words That Give Away Generative AI Text
From “delves” to “showcasing,” certain words boomed in usage after LLMs became mainstream. -
VentureBeat - Tech
In the age of AI, the role of the CAIO will be indispensable (and here’s why)
Chief AI officers have a tremendous challenge and opportunity to lead their organizations into the future as the AI age unfolds. -
The Hill - Politics
How Congress is fighting the rise of nonconsensual AI porn
Political momentum is building to regulate the spread of nonconsensual explicit deepfakes as the issue of the digitally altered images has moved from a potential threat to a reality. Several bipartisan bills introduced in Congress aim to ... -
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MarketWatch - Business
Open Text to cut 1,200 jobs as part of cost-saving plan
Open Text’s stock rallied Wednesday, after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year. -
Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing. -
Financial Times - Business
How much cash would it take for you to quit your job?
Economists are turning to new ways of finding out -
The New York Times - Business
U.S. Job Growth Extends Streak, but Signs of Concern Emerge
A gain of 206,000 in June exceeded forecasts. Hiring was concentrated in a few parts of the economy, however, and unemployment rose to 4.1 percent. -
NBC News - Top stories
Employers added 206,000 jobs in June, as sturdy labor market gradually cools
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. -
The New York Times - Top stories
New Factories and Jobs Are Not Enough to Stem France’s Far Right Surge
President Emmanuel Macron’s promise of re-industrialization in northern France has helped stimulate the economy, but “people feel defeated and angry.” -
MarketWatch - Business
2-year Treasury yield ends at lowest since March on signs of deteriorating labor market
U.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jobs had been created in May and April than initially thought. -
The New York Times - Business
Fed Officials Keep an Eye Out for Cracks in the Job Market
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.Federal Reserve -
CNN - Top stories
US job growth slowed in June, latest employment data shows
Live coverage of the June jobs report has now ended. The US economy added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to the Bureau of Labor Statistics. -
CNBC - Business
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
Nonfarm payrolls were expected to increase by 200,000 in June, according to economists surveyed by Dow Jones. -
The Wall Street Journal - World
Treasury Yields Fall as U.S. Jobs Growth Slows A Bit
Treasury yields extended recent losses as U.S. jobs creation cooled while the unemployment rate ticked higher. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
MarketWatch - Business
More recent graduates are eyeing government jobs. There are plenty of openings for them.
Government has helped drive job growth over the last year — and Gen Z workers have taken note of the sector’s higher stability.