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Citi Sees AI Displacing More Bank Jobs Than Any Other Sector

(Bloomberg) -- Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the...

July Fourth Travel Seen Hitting Record in Boost for Oil Bulls

(Bloomberg) -- A record of almost 71 million Americans are expected to travel over the Independence Day holiday period early next month, providing hope...

Treasuries Gain as Mounting Data Point to Softer Inflation, Jobs

(Bloomberg) -- Treasuries rallied, sending most yields to the lowest levels since early April, as data on wholesale prices and jobless claims supported wagers...

ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal

(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since combining its TikTok...

ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal

(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since combining its TikTok...

South Korea’s Jobs Growth Cools to Slowest Pace Since 2021

(Bloomberg) -- South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three...

Jobs surge to reignite Fed debate over how restrictive rates are

(Bloomberg) — Friday’s eye-popping jobs number is likely to energize a debate already dividing Federal Reserve officials over whether their policy setting is slowing...

Microsoft Beefs Up Security of Windows AI Tool After Outcry

(Bloomberg) -- Microsoft Corp. says a key new feature in an upcoming line of artificial intelligence-branded PCs will be shipped in the “off” position...

Here’s Everything Apple Plans to Show at Its AI-Focused WWDC Event

(Bloomberg) -- Apple Inc. isn’t typically the first to embrace new product categories — as it famously showed with its iPhone, smartwatch and Vision...

Asian Stocks Set for Cautious Open as US Jobs Loom: Markets Wrap

(Bloomberg) -- Asian stocks are poised for a tentative open as Wall Street wavered ahead of a key US jobs reading that will likely...

JPMorgan, Citi Cling to July Fed Rate-Cut Bets Ahead of Jobs Data

(Bloomberg) -- Wall Street’s last holdouts for a US interest-rate cut in July are preparing for their clearest sign yet on whether they —...

Apple to Debut Passwords App in Challenge to 1Password, LastPass

(Bloomberg) -- Apple Inc. will introduce a new homegrown app next week called Passwords, aiming to make it easier for customers to log in...

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