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Commercial real estate enters ‘Age of Relevance’ as AI reshapes demand, PIMCO says
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Will AI really wipe out all our jobs?
In May 2025, Dario Amodei, the CEO of AI company Anthropic, said that the technology his company is helping push forward could drive unemployment up to 10%-20% in the next one to five years and wipe out half of all entry-level white-collar jobs, as Josh Tyrangiel points out in The Atlantic. Jim Farley, the CEO…
Banknote imagery advisory group minutes – 14 October 2025
Minutes Item 1 – Welcome The Chair commenced the meeting and emphasised the significance of the decisions to be taken and importance of considering the Bank’s obligations under the Public Sector Equality Duty during this process. Members were reminded of the Bank’s approach to imagery selection for Series H and the aims of the meeting,…
Partnership Unveils Plans for Redevelopment of Former Brooklyn Macy’s Building
United American Land, together with partners The Jackson Group and Dreamscape Retail & Entertainment, has unveiled plans for BKX, a redevelopment of the former Macy’s building at 422 Fulton St. into one of New York City’s largest and most ambitious retail developments. Spanning approximately 440,000 square feet across five levels, BKX will represent the largest…
Oceanwide Plaza Sale Primed To Move Forward
Bisnow/Bianca Barragán A street-level view of Oceanwide Plaza, which has been sitting in limbo for roughly six years The sale of the $1.2B Oceanwide Plaza may finally be able to proceed after a bankruptcy judge told attorneys she intended to approve the plan to sell it off. In a critical turn, attorneys for the city of Los…
UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
UK to regulate cloud service providers Microsoft, Google and others to protect financial stability