Economy
AI Bubble Burst Could Accelerate Job Losses, Economists Warn
New research suggests a potential AI bubble burst could trigger a recession, paradoxically accelerating job displacement as businesses adopt cheaper AI to...
#automation 6 articles
Markets
ON Semiconductor, Rockwell Automation: AI Inference Drives Future Gains
As AI spending shifts from data center build-outs to inference, ON Semiconductor and Rockwell Automation emerge as key beneficiaries, poised for significant...
Finance
Claude AI: Strengths and Weaknesses for Financial Professionals
AI chatbot Claude outlines its capabilities and limitations for financial professionals, emphasizing its utility in data transformation and stress-testing, while cautioning against...
Finance
Banks Confront AI Autonomy: Who Owns the Machine’s Decisions?
As banks embrace agentic AI, shifting from assistive automation to autonomous task execution, the critical question of accountability for machine-driven decisions takes...
Investing
IRS Automates Tracing for $3.2 Billion in Unidentified Payments
The IRS is implementing an electronic case management system to address $3.2 billion in unidentified taxpayer payments, responding to TIGTA recommendations.
Finance
Standard Chartered to Cut Over 7,800 Roles Amid AI Integration
Standard Chartered plans to eliminate more than 15% of its back-office roles by 2030, citing increased use of artificial intelligence and automation.