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The Latest Breaking News from McKinsey

CEOs share how AI is shaking up the workforce—including an instance of 'robots outcompeting humans in real time'

Chinese startups can develop digital avatars almost as good as human streamers using just a few minutes of footage, noted McKinsey's Rodney Zimmel.

Fortune

Transformation in banking is over, enter progressive modernization

Banks are updating existing tech infrastructure incrementally, rather than through a complete overhaul.

TechRadar

What tech leaders are planning to spend on in 2025

Artificial intelligence is at the top of the list for what tech leaders are planning to spend on in 2025.

Fortune

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This industry comeback lacks workers

Staffing shortages could put domestic objectives for the industry at risk and drive up labor costs

Salon

GOP lawmakers seek investigation of consulting firm over its work in China

A group of Republican lawmakers is demanding a federal investigation into the U.S. consulting firm McKinsey over its work with the Chinese government and state-owned enterprises

The Independent UK

Big Tech's power demands mean nuclear is getting a fresh look from electricity providers

Nuclear power is garnering renewed attention amid growing demand for power and cleaner energy

The Independent UK

Financial Institutions Are Missing on $240 Billion by Underserving Latino Savers, Report Shows

Latino savers, the fastest-growing demographic, show a 4.7% income growth rate and are eager to invest in tailored financial services.

Latin Times

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What France’s ‘McKinsey Gate’ scandal revealed about the four major types of consulting’s conflicts of interests

McKinsey & Company and other consulting firms have long faced criticisms for their involvement with governments. Investigative journalists and academics alike have flagged their growing influence, citing cases like the staggering expenses of up to £1 million per day on private consultants for the UK’s Covid-19 Test-and-Trace service, or the…

The Conversation

Marco Rubio-linked thinktank produces anti-LGBTQ+ conspiracy theory videos

Videos voiced by Nate Hochman tout conspiracy theories about McKinsey and have elements of fascist rhetoric

The Guardian - US

Want to be a tech company? Build with value in mind

To become a tech company, you need to deploy tech in a way that boosts profits and performance. There are four ingredients for getting there.

Fortune

Hinge CEO says he bribed students with KitKats to get the business off the ground

"We would get dozens of users a day—maybe, if that," Hinge CEO Justin McLeod tells Fortune.

Fortune

Sexual harassment at work is just as bad for women now as it was five years ago, study finds

‘The fact that women are so concerned that if they reported it, it wouldn’t be effectively managed likely leads to a number of incidents not being accounted for’

The Independent UK

A.I. might actually help us find a greater sense of purpose at work

If A.I. replaces mundane tasks, that frees us up to build human connections and invest in personal growth. There’s still a risk, though.

Fortune

The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

The Independent UK

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The Walrus

Shadow Government: The Consulting Firms Telling Ottawa What to Do

Trudeau’s $840 million spending spree has led to hidden deals, wasted money, and useless improvements

The Independent UK

The Big Stay: Why we’re rejecting Linkedin job offers and staying put for longer

Forget the ‘Great Resignation’ world of post-pandemic job-hopping: it’s time to usher in a new era. But are we happier at work, or just too scared to jump ship? Helen Coffey investigates the latest trend for prioritising employment stability over new horizons

Evening Standard

Best books on economics: Accessible reads on a complex topic

Ten luminary books on economics and finance, to further your fiscal fundamentals

Motor1

You Don't Need CarPlay in Your New Car. You Need $11

FM transmitters are an easy workaround to get CarPlay in older cars—or future GM vehicles.

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news in one place.

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Fortune

CFOs spend more time on long-term planning in an age of uncertainty, McKinsey finds

This reflects the expanding challenges of the CFO role.

Fortune

4 counterintuitive leadership strategies that separate excellent CEOs

The CEO role is, in may ways, superhuman, says a McKinsey senior partner.

InsideEVs

Are Half Of EV Owners Really 'Switching Back' To Gas? It's Complicated.

A new McKinsey study says 46% of EV owners don't go electric again. Here's what it really means.

The Guardian - US

Trash talk: New York City has finally discovered the wheelie bin – and it only cost $1.6m

After decades of bags lining the streets, the mayor has proudly wheeled out a McKinsey-approved trash can

Latin Times

Workers are feeling frustrated in their jobs and companies are scrambling to address it

The growing sense of dissatisfaction has prompted companies to adopt new strategies to facilitate employee mobility and skill development

Kiplinger

How Technology and Agile Are Reshaping Customer Experience in Financial Services

The future of financial services will be shaped by the integration of AI and Agile practices.

Latin Times

What's keeping box offices going for big budget movies? Look no further than Latino audiences

Recent box office performances for "Bad Boys: Ride or Die" and "Inside Out 2" highlight the importance of this demographic

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