Wall Street Job Losses May Top 200,000 as AI Replaces Roles
(Bloomberg) -- Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloom...
Pound Trading Frenzy Shows Option Market’s Fear of Truss Redux
(Bloomberg) -- Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of deepening jitters around the UK currency. Listen...
Morning Bid: Britain at centre of bond market storm
A look at the day ahead in European and global markets from Kevin Buckland The British bond market has become the focus of global investor attention, for some unenviable reasons. A 20-basis po...