TOPIC

Morgan Stanley plans to cut 3K jobs: Report

Morgan Stanley is looking to trim its workforce by 3,000 workers amid an uncertain economic environment that's caused a slowdown in deal making across Wall Street.

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

AI can now help direct your career path

A new AI-powered app, Audo, assesses users’ interests, abilities and experience to provide them with a personalized skill path to launch their careers and allows them to earn money.