Wall Street Expected to Shed 200,000 Jobs

200,000 Wall Street Jobs May Be Slashed By Artificial Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its workforce.
December jobs report has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report has many strategists confident the Federal Reserve will hold off on further interest rate cuts for now. And some on Wall Street think this report may have even cracked the door open for the Fed to consider rate hikes in 2025.
Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose’ Market
It wasn’t supposed to be this way. With the economy booming, a friendly Federal Reserve at its back and Donald Trump headed to the White House, Wall Street saw nothing but upside as the calendar turned.
Wall Street Job Losses May Top 200,000 as AI Replaces Roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.
200,000 people to lose jobs? Back office, operational roles at Wall Street at risk as AI takes over
The rise of artificial intelligence is anticipated to eliminate 200,000 jobs at Wall Street banks in the coming years, particularly in back office positions.
Wall Street Sees Risks for Stocks in the Jobs Report
How important are rate cuts to the bull case on equities? It's a pressing question for investors in risky assets, who've lately struggled to ignore the bond market's agitated reaction to inflation risk.
AI to replace 200,000 bank jobs globally in the next few years
Artificial intelligence is coming for the banks, and it’s not stopping at the doors. Over the next three to five years, up to 200,000 jobs in the banking sector could disappear as AI systems take over tasks currently done by humans,
Wall Street falls as jobs data stokes inflation fears
U.S. stocks tumbled, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears and ...
Unexpectedly Strong Jobs Report Sends Shockwaves Through Wall Street, Triggering Market Sell-Off
Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a ...
Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks dropped on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and ...
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
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Stock futures slide as Wall Street braces for Friday's jobs report: Live updates
The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a ...
From Citadel to JPMorgan, how Wall Street does RTO
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from ...
Stock market today: Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping ...
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US Job Growth Surges in December, Impacting Fed Rate Cut Outlook
The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of ...