The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal...
This week in artificial intelligence, chief product officers said AI needs human oversight, even for routine, automated tasks like fraud detection. Meanwhile, AI was partly...
Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete...
Byline Bank is boosting its embedded finance efforts by expanding its payments/FinTech division. Get the Full Story Complete the form to unlock this article and...
Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...
OpenAI has named Instacart head Fidji Simo as its new CEO of Applications. Get the Full Story Complete the form to unlock this article and...
Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Get the Full Story Complete the form to unlock...
The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of...
Ashley Buchanan’s tenure as CEO of department store chain Kohl’s was short-lived. Get the Full Story Complete the form to unlock this article and enjoy...