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Management, communication & tech top list of most in-demand skills for employees: LinkedIn report

February 8, 2023 by www.moneycontrol.com

In 2022 alone, professionals in India spend a total of 4.6 million hours learning on the platform. This is twice the number of learning hours spent by LinkedIn users in the United States (Representative Image) Business, marketing, technology, and people skills were the most in-demand skills for companies and professionals in 2023, as per LinkedIn’s newly launched ‘Workplace Learning Report’. “Despite tough macroeconomic conditions, learning in-demand skills will be critical for professionals to become more employable in any job market and reach their career goals in 2023,” the report noted. Follow our LIVE News blog here Top 10 Skills As per the research, the Top 10 most in-demand skills for the year in India featured a blend of business and marketing skills. This includes management, communications, and sales. Further tech skills such as software development, SQL, and Java. Read More Further, leadership and analytical skills are also featured on the … [Read more...] about Management, communication & tech top list of most in-demand skills for employees: LinkedIn report

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Chipotle Misses On Earnings; Disney Reports Tonight

February 8, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Key Takeaways Base Case Unchanged For Fed Chipotle Earnings Disappoint Disney Earnings Tonight Jerome Powell spoke Tuesday for the first time since last Friday’s much stronger than expected jobs report. Speaking before the Economic Club of Washington, D.C., the Chairman of the Federal Reserve said the process to lowering inflation will take time and bring challenges. He reiterated his base case that more interest rate hikes are necessary; however, the expectations by markets remained unchanged, seeming to reflect the notion that what has been done has been effective. Prior to Powell’s appearance Tuesday, markets were relatively quiet. But that didn’t last. In the immediate aftermath of his talk, markets rallied only to then sell off before finally staging a strong rally to close the day. The S&P 500 gained over 1% while the Nasdaq Composite was up nearly 2%. The volatile swings may be indicative of a … [Read more...] about Chipotle Misses On Earnings; Disney Reports Tonight

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Did The Fed Decide To Raise Interest Rates This Week? Here’s The Economic Outlook Now That “The Disinflationary Period” Has Started

February 8, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Key takeaways The Fed raised its benchmark rate by 0.25% at its most recent meeting This broke a trend of four consecutive meetings with rate increases of 0.75% Though inflation has eased, data shows that the economy remains very hot, which could provide upward pressure on prices Investors and businesses closely monitor the Federal Reserve and how it adjusts the federal funds rate. The Fed meets multiple times yearly to decide how to manage the economy. At its most recent meeting, the Fed opted to increase its benchmark interest rate by 0.25%. This breaks the 0.75% trend of hikes, which occurred after four consecutive meetings before this one, leaving investors to wonder about the future. If you are an investor who is uncertain about how to invest in these unpredictable economic times, you can use the power of artificial intelligence (AI). Download Q.ai to build a portfolio that meets your investment … [Read more...] about Did The Fed Decide To Raise Interest Rates This Week? Here’s The Economic Outlook Now That “The Disinflationary Period” Has Started

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Will Hillary’s ‘Half A Billion Solar Panels’ Promise Send Billions To China?

July 27, 2015 by dailycaller.com

Hillary Clinton’s newest campaign promise to install half a billion solar panels across the country has been praised by liberal media outlets and environmentalists , but could this pledge end up benefiting China? On Sunday, Democratic presidential candidate Hillary Clinton promised to install half a billion solar panels by the end of her first term and get the U.S. to a point where it can generate enough green energy to power every home in the country. “Through these goals, we will increase the amount of installed solar capacity by 700% by 2020, expand renewable energy to at least a third of all electricity generation, prevent thousands of premature deaths and tens of thousands of asthma attacks each year, and put our country on a path to achieve deep emission reductions by 2050,” Clinton’s website boasts . While there’s no doubt U.S. companies and green energy interests would benefit from the “competitive grants and other market-based incentives” Hillary promises to … [Read more...] about Will Hillary’s ‘Half A Billion Solar Panels’ Promise Send Billions To China?

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Regulation of generative AI like ChatGPT and Bard mustn’t hinder their growth

February 9, 2023 by www.moneycontrol.com

Generative AI blurs the line between human-produced and AI-proposed content. (Representational image) ChatGPT, like the 90s character Vicki from "Small Wonder," uses AI to process and convert information into knowledge. While offering great opportunities, it also has potential harm, making regulation crucial to minimise risk. Inaccuracy, Biased Outcomes AI is prone to biased outcomes. Generative AI as a predictive tool is trained using a massive amount of data to provide a human-like response and critical thinking. However, there is less clarity on the integrity, quality, and diversity of the data used for training their language models. The premise of using past datasets to predict future outcomes is concerning, as these applications will be prone to reproduce the same mistakes and patterns in future, causing real-life implications for humans. For instance, training data of ChatGPT goes only until 2021, and if any individual has exercised their right to be forgotten … [Read more...] about Regulation of generative AI like ChatGPT and Bard mustn’t hinder their growth

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JPMorgan Forecasts 20% Unemployment And 40% Hit To Second-Quarter GDP

April 10, 2020 by www.forbes.com

Share to Twitter Share to Linkedin Topline: As the coronavirus continues to take a toll on markets and business activity, top banks on Wall Street have further revised down their forecasts for second-quarter GDP and unemployment, predicting an even greater economic hit from the coronavirus than first expected. JPMorgan was the latest big bank to cut its second-quarter GDP forecast even more, with its economists now foreseeing a 40% decline. The bank had earlier predicted a 25% hit to second-quarter GDP. The firm’s economists issued the more dire forecast following Thursday’s latest jobless claims report, which showed another 6.6 million workers filed for unemployment. Over 16 million Americans have filed for unemployment benefits in the last three weeks, the latest indicator of how badly the coronavirus is impacting the economy. Those numbers indicate a huge surge in job losses, which JPMorgan economists estimate could amount to 25 … [Read more...] about JPMorgan Forecasts 20% Unemployment And 40% Hit To Second-Quarter GDP

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CEO Of Fintech Lender Upstart Now A Billionaire After Shares Soar 89% In One Day

March 18, 2021 by www.forbes.com

Share to Twitter Share to Linkedin F resh off a blockbuster earnings report that shattered Wall Street expectations, shares of AI-enabled fintech lender Upstart Holdings skyrocketed Thursday, minting a new billionaire out of Dave Girouard, the firm's cofounder and CEO. While the broader stock market plunged over concerns about sky-high valuations, Upstart's stock ended the day up a staggering 89%, lifting the fortune of 54-year-old Girouard, who cofounded Upstart in 2012 and owns about 14% of shares, to an estimated $1.3 billion, according to Forbes. After the market closed on Wednesday, the San Mateo, Calif.-based firm reported fourth-quarter earnings that nearly tripled average analyst expectations and posted full-year 2020 revenue of $233 million, 42% higher than in 2019. The company now sports an eye-popping market capitalization of $8.3 billion, or 20 times trailing revenues. "Last quarter was monumental for us as we took the company public in … [Read more...] about CEO Of Fintech Lender Upstart Now A Billionaire After Shares Soar 89% In One Day

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Broken Synapse: Why Employees And Customers Are Fleeing This Andreessen-Backed Fintech Startup

April 1, 2020 by www.forbes.com

Inside the chaos at Synapse, where questionable management tactics by CEO Sankaet Pathak have left the company with its future in jeopardy. I n July 2019, the 29-year-old CEO of San Francisco financial technology startup Synapse scolded five of his engineers for not making faster progress. “Do you even enjoy this project?” Sankaet Pathak asked. “Not really,” the team’s leader answered. “That’s it, you’re out,” Pathak declared, firing the employee on the spot in front of his colleagues. Synapse’s Human Resources director, Juan Aguayo, confiscated the terminated worker’s key card and computer. But as Aguayo spoke, he received a message on his laptop, and his tone started to change. Minutes later, he said to the engineer, who was now crying, “Don’t worry, you’re not fired.” The dazed, confused employee went back to his desk. Pathak never spoke to him about the incident again, acting like it never happened. The engineer started looking for a new job the following week … [Read more...] about Broken Synapse: Why Employees And Customers Are Fleeing This Andreessen-Backed Fintech Startup

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Intel Institutes Pay Cuts For Executives And Managers In Response To Steep Drop In Revenue

February 8, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Key takeaways Intel’s fourth-quarter revenue was down 32% year over year In response to the lower revenue, the company is cutting pay for executives and managers After the report was released, Intel stock prices fell Intel announced poor financial results for Q4 of 2022. The company saw its revenue fall by over 30% compared to Q4 of 2021, and full-year revenue was down 20% year over year. Not surprisingly, the company is looking to make significant changes to right the ship. The first wave of changes is coming in the form of pay cuts for executives and managers. We will explore how this news is impacting Intel and its investors. If you want to build a portfolio that stays on top of a constantly changing marketplace, harness the power of artificial intelligence (AI). Download Q.ai to build your portfolio with easy-to-use Investment Kits today. Compensation changes The poor financial results of … [Read more...] about Intel Institutes Pay Cuts For Executives And Managers In Response To Steep Drop In Revenue

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Top 5 Banking And Fintech Trends For 2021

December 7, 2020 by www.forbes.com

Share to Twitter Share to Linkedin OBSERVATIONS FROM THE FINTECH SNARK TANK 2021: The Year of Value Chain Disruption I’ve never been a big fan of “Year of the [fill-in-the-blank]” proclamations. Google the term “year of the customer” and you’ll find that every year for the past 15 years has been heralded as the year of the customer. Hey, one year it might just really happen. And past claims of “disruption” in financial services have centered on changes at the customer interaction level—i.e., digital account applications, user interfaces, etc. That didn’t really result in much true disruption because there is a whole value chain of activities that occur leading up to the point of customer interaction—and little of that has changed to date. Changes (or disruptions) to the value chain have certainly been in the works for a while now, but 2021 is going to shine a much brighter spotlight on those activities—making 2021 the year of value chain … [Read more...] about Top 5 Banking And Fintech Trends For 2021

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