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Standard Chartered is cutting thousands of workers for AI. Its CEO calls them ‘lower-value human capital.’
The announcement of stiff job cuts at Standard Chartered reignites fears of sweeping changes in th employment market caused by automation and widespread adoption of AI to perform tasks previously the responsibility of humans. Article Attribution | Read More at Article...
My late mother’s bank account is $2,000 short. Can the bank legally refuse to provide her final statement?
‘I am the beneficiary on her checking account’ Article Attribution | Read More at Article Source
Some people lose far more weight than others on GLP-1s like Wegovy. Here’s why.
Emerging research shows there are ‘super-responders’ to GLP-1 drugs, and others who don’t respond at all. Article Attribution | Read More at Article Source
These charts offer a warning to the next generation — a new era of higher rates may be coming
This “pennant” chart pattern warns that Treasury yields could be headed much higher. But an alternative scenario is so good either. Article Attribution | Read More at Article Source
Aluminum could hit $4,000 a ton amid most bullish set-up in over 50 years
Analysts see the metal’s price soaring spurred by the largest supply shock since the 1950s. Article Attribution | Read More at Article Source
I’m selling my $1 million Maui home. Will my agent charge me less than a 6% commission?
“Legislation introduced in 2024 was designed to finally upend the traditional 6% real-estate commission model.” Article Attribution | Read More at Article Source
AI in focus as Standard Chartered Bank replaces ‘lower value human capital’, slashing back office workers by 15%
The announcement of stiff job cuts at Standard Chartered reignites fears of sweeping changes in th employment market caused by automation and widespread adoption of AI to perform tasks previously the responsibility of humans. Article Attribution | Read More at Article...
Angelina Jolie lists L.A. estate once owned by a famous filmmaker for $30 million
Hollywood star Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million—nearly two years after confessing that she wanted to leave the U.S. for good. Article Attribution | Read More at Article Source
‘Family Feud’ host Steve Harvey cuts the price of his luxury Georgia home to $4.75 million
Steve Harvey has cut the price of his longtime Georgia home—just four months after listing the enormous abode for $5.1 million. Article Attribution | Read More at Article Source
Investors are piling into U.S. equity funds at the fastest pace in years. But now the pendulum may swing back, warns Barclays
Funds are fully invested and so the risk of a pullback has increased Article Attribution | Read More at Article Source
Palo Alto Networks hits a big milestone. Why cybersecurity stocks are so hot right now.
An analyst notes that investors have become more “discerning” as they look to separate AI losers from winners. Article Attribution | Read More at Article Source
The S&P 500 and most of its stocks are heading in opposite directions at a record pace. What investors should know.
Here are the S&P 500’s top gainers in market value this year and this quarter Article Attribution | Read More at Article Source