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AI Use At Work Doubles In 2 Years, Gallup Finds

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Weekly or more frequent use has also nearly doubled, rising from 11% to 19% since 2023. Employees in tech (50%), professional services (34%), and finance (32%) are the most frequent users of AI systems. Reported frequent AI use in these roles has declined slightly over two years, from 11% in 2023 to 9% this year.

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US Accounting Firms Turn to India as CPA Shortage Worsens

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Accountancy known for long hours, lower pay than many other finance jobs, and a rule effectively requiring a fifth year in university for CPA licensing has also become unpopular with younger people. “First, it was the ‘Big Four’ accounting firms.

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China Orders Pay Cap At State-Owned Financial Firms, Risking Attrition To Private Sector

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The most sweeping wage reduction exercise in the $67 trillion finance sector will begin as early as next month though staff are yet to be informed of reasons, the people said. Just this month, millions of government workers were given a surprise monthly increase of about 500 yuan on average, beneficiaries told Reuters.

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Is CRE Lending Still A Time Bomb For The U.S. Financial System? (Mid-2025 Update)

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The CBRE Lending Momentum Index jumped 13% in Q1 2025 and is up 90% compared to last year, reflecting renewed financing demand and robust activity from banks. This influx has fuelled a modest recovery in CRE valuations after steep falls in 2022-2023. billion loss in late 2023, leading to a credit downgrade and recapitalization.

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U.K. Manufacturing Index Sends Mixed Signals As Jobs Hit Lowest In 5 Years While Optimism Rose

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The rise in National Insurance Contributions – announced by finance minister Rachel Reeves last October to help pay for more public services and investment – takes effect on April 1. In turn, manufacturers increased their selling prices by the most since April 2023, S&P Global said.

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JPMorgan Faces Quantifiable Morale Drop Following Return-to-Office Mandate

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For example, Goldman Sachs has required employees to work entirely from the office since 2023, while Citigroup continues to allow two days of remote work per week for many staff. The mixed responses to JPMorgan’s office mandate reflect ongoing debates within the finance industry over the future of work arrangements.

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33% Of U.S. Office Loans Near Maturity, Threatening Commercial Real Estate Market Stability

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According to Moody’s, loan extensions are down compared to 2023, while defaults are trending up. The borough’s resilience is largely attributed to its concentration of legal and finance tenants, as well as urban density that discourages remote work due to limited in-home office space. percentage points from a year prior.