Business News

ONS data put UK youth unemployment at 15.6% in June–August 2026. AI is appearing in job ads, but its role in the jobs decline is unclear.

Chainalysis said password hashes and live tokens for all users were exposed, reversing its initial account that credentials showed no signs of access.

An AI-generated proposal outlines a certificate-tracking service for funeral homes, citing new Michigan and Virginia rules and a five-home pilot.

METR’s assessment estimates Anthropic’s AI progress accelerated 1.9x, while most of its underlying evidence remains redacted.

A 2026 McKinsey survey found 6% of respondents’ companies attributed at least 5% of EBIT to AI, despite broader adoption and growing agent use.

A public-data calculation compares US and German employee costs with outside specialist rates and shows how utilization changes the break-even point.

Ford’s moving line sharply cut Model T assembly time, but high worker turnover helped prompt the 1914 five-dollar wage and shorter workday.

The Nasdaq Composite dropped 5.52% on Nov. 5, its steepest daily fall since April 2025, as investors weighed election-related risks to AI data center projects.

The bank says attackers used its own account through a service provider. Customer accounts were not used, and the final loss remains unknown.

ABB says China prohibited SoftBank’s purchase of its robotics business in China. The global deal’s future and Beijing’s reasons remain unclear.