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J.P. Morgan: Generative AI Expected to Boost Workload by Over 55%

  J.P. Morgan projects that generative AI will need to enhance IT services workloads by more than 55% to offset the deflationary effects on project costs, according to a recent analysis from the brokerage. Analysts estimate that automating coding tasks with large language models could lower...

Jamie Dimon Critiques ‘Marxist’ Zohran Mamdani and DEI Push: ‘Big Hearts and Little Brains’

  JPMorgan Chase CEO Jamie Dimon has taken aim at Zohran Mamdani, labeling him “more a Marxist than a socialist,” while criticizing Democrats for their focus on Diversity, Equity, and Inclusion (DEI) initiatives over pragmatic policies. During an event in Dublin, Ireland, Dimon cautioned against supporting...

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Business Leaders Concerned About Recession, Labor Shortages, and Inflation, Says World Economic Forum

A recent survey from the World Economic Forum (WEF) reveals that business leaders worldwide...

Jeff Bezos “Very Optimistic” About Trump’s Second Term, Calls for Regulatory Cuts

In a recent interview at The New York Times' DealBook Summit, Amazon founder Jeff...

Bitcoin Surpasses $100,000 for the First Time in History

Bitcoin has once again captured the world’s attention, reaching unprecedented heights as its price...

Bank of Korea to Inject Liquidity to Stabilize Markets

On Wednesday, South Korea’s financial markets were shaken by an unexpected declaration from President...

US Reflation Trades Dwindle Amid Rising Global Economic Concerns

What’s Going On Here? In the wake of the recent U.S. elections, the anticipated post-election...

US Thanksgiving Weekend Sees 197 Million Shoppers, Says Retail Group

Approximately 197 million Americans shopped during the five-day period from Thanksgiving to Cyber Monday...

Trump’s Tax Cuts May Offset Tariff Challenges, Strategist Says

As investors assess the potential market impacts of President-elect Donald Trump's second term, key...

Roger Ver, the ‘Bitcoin Jesus,’ Seeks Dismissal of Indictment Through Legal Team

When Roger Ver, often referred to as “Bitcoin Jesus,” was arrested in February while...

Green Energy Is Not So Green

By Chris Edwards As the footprint of ostensibly green energy expands, the negative environmental side...

Credit Card Companies Fight to Maintain Monopoly and High Fees

A handful of credit card companies are stifling competition and putting financial pressure on...

Apple illegally monitoring employees’ personal devices, silencing pay talk: lawsuit

Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices...

Bankers Gear Up for Globalization Reset in second Trump presidency

Senior bankers indicated on Tuesday that globalization may undergo a significant reset as U.S....

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J.P. Morgan: Generative AI Expected to Boost Workload by Over 55%

  J.P. Morgan projects that generative AI will need to enhance IT services workloads by...

These Are 2025’s ‘Most Livable’ Cities

  Each year, The Economist evaluates cities globally based on their livability, considering factors from...

Jamie Dimon Critiques ‘Marxist’ Zohran Mamdani and DEI Push: ‘Big Hearts and Little Brains’

  JPMorgan Chase CEO Jamie Dimon has taken aim at Zohran Mamdani, labeling him “more...

OPEC Forecasts Significant Oil Demand Growth by 2050

The Organization of the Petroleum Exporting Countries (OPEC) released an updated forecast on Thursday,...