Financial Highlights from the Recent Week You Should Know About:
- Your AI Personal Shopper: Visa launched an AI shopping agent named ,Intelligent Commerce, which shops for customers based on their personal preferences.
The real question is, where’s the fun in that? - Back to the Office: Jamie Dimon, CEO of JPMorgan Chase, has been outspoken about his views on remote work/work-from-home (hint: he despises the idea of it).
Now, BNY Mellon has updated its policy on RTO (return to office), mandating 4 days/week in the office (from 3 days). - The first domino has fallen: The US economy fell in the first quarter of 2025.
Are we even surprised? - Remember when ESG was a thing? Good times. RBC announced it would abandon its sustainable finance objectives citing Canada’s Competition Act limits the information the bank is allowed to share.
- The accountant shortage: The current global environment has been moving away from globalization, however, one industry short on qualified people is accounting.
So, of course the answer to the accountant shortage for US accounting firms is to…(checks notes)…outsource to India.
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