AI displacement in the workplace is increasing – and affecting young people most
AI disruption is adding 15 basis points to the unemployment rate at present, says Morgan Stanley
AI disruption is adding 15 basis points to the unemployment rate at present, says Morgan Stanley
Marex Group (NASDAQ: MRX) has appointed Robert Cheeseman as Head of Prime Services Asia, the company confirmed. Based in Hong Kong, Cheeseman will lead Marex’s prime brokerage and outsourced trading operations across the region. Cheeseman brings more than 25 years of institutional experience spanning listed derivatives, prime services and electronic trading, with a strong track…
The week of August 10–14 was relatively calm after the publication of US CPI for July. No panic or capitulation followed, as the number came in as expected or slightly cooler. Traders have observed a slow drift higher in equities. July CPI rose 0.1% month-on-month and 3.4% year-on-year, both in line with forecasts. Core CPI…
Gold rates in India extended their rally on Tuesday, August 11, 2026, with the yellow metal climbing to its highest level in more than two months as investors increased their safe-haven positions ahead of key US inflation data. The upcoming inflation reading could influence expectations around the Federal Reserve’s September interest-rate decision, keeping gold firmly…
More than 300 new mortgage advice firms joined the Financial Conduct Authority’s register during the first six months of the year, industry analysis reveals. Mortgage adviser numbers grew in the first half of 2026 according to data from ISS Market Intelligence (ISS MI) in the latest edition of The Landscape Report, which covers changes…
New Yorkers and Californians have long been connected by a coastal rivalry, but they do have at least one thing in common: a housing crisis exacerbated by bureaucracy. Both states passed bedrock environmental review statutes in the 1970s that have been the source of aggravation for developers ever since. But as housing production has stalled,…
Key Points Alphabet saw its backlog of contracted cloud computing services climb to $514 billion last quarter. It’s spending huge amounts of capital to build additional capacity. The long-term profit and cash-generation potential can’t be ignored. 10 stocks we like better than Alphabet › The amount of money being spent on AI compute was plainly…