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Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Ave., in New York, Oct. 21, 2025.Eduardo Munoz | ReutersJPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its workers, and part of what he said should be a broader societal response to the potentially disruptive nature of AI.Dimon described at an investor meeting late Monday his bank’s internal plans to shift employees into new roles as automation accelerates.”We already have huge redeployment plans for [our] own people,” Dimon said.…

You know all that money and effort everyone’s putting into AI because they’re convinced it’s a technology that will change everything? What if they’re right?That’s a kind of fair summary of a Substack post that went viral over the weekend, and then turned into a Wall Street phenomenon Monday, when lots of tech stocks lost value because of AI fears.I say “kind of fair” because the “what if” post, published by Citrini Research, isn’t just a “what if” post, but a “if it happens, we’re in big trouble” post.And now the blowback: AI boosters are calling the Citrini post “AI…

Paid tax preparers can make serious errors on tax returns, according to a new report from the Government Accountability Office, which recommends the Internal Revenue Service beef up its oversight of the profession.Processing ContentThe report, released Tuesday by the GAO, noted that paid tax return preparers have varying levels of skills, education and expertise. They include enrolled agents, CPAs, attorneys and other individuals who have some level of qualification or credentials issued by either the Internal Revenue Service or states. All other paid preparers without professional credentials are considered to be unenrolled preparers. While all paid tax preparers are required…

The National Association of Black Accountants and the Tennessee Society of CPAs are partnering to address the talent shortage. Processing ContentThe collaboration will coordinate programs to support students’ entry into accounting and related fields, create mentoring and networking opportunities for students, and develop programming to promote professional development and career advancement.  Guylaine Saint Juste “When organizations come together around shared purpose, the impact multiplies,” Guylaine Saint Juste, president and CEO of NABA, said in a statement Tuesday. “This partnership with TSCPA is about building pathways that will shape the profession for generations to come. Together, we’re creating opportunities for students across…

Gallego says he’s skipping State of the Union because “there’s better things for me to be doing” – CBS News Watch CBS News Several Democrats are expected to skip President Trump’s State of the Union address on Tuesday night. Arizona Sen. Ruben Gallego is one of them and joins “The Takeout” to discuss his decision and more. Source link

The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI. Processing ContentThe COSO publication emphasizes that while generative AI transforms how information is generated, processed, and acted upon, it does not change the fundamental purpose of internal control: to help organizations achieve their objectives reliably. With this in mind, rather than proposing a new governance model, COSO has instead adapted the five components of its internal control framework — control environment, risk assessment, control activities, information & communication, and monitoring activities — into practices specific…

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines is gearing up to shrink to a tiny version of its former self, focusing on high-demand travel periods and routes as well as expanding premium-class seats in an attempt to survive, according to a new plan it unveiled in U.S. Bankruptcy Court on Tuesday.Much of the airline’s focus will be on flying to destinations from its major Florida airports, Fort Lauderdale and Orlando, as well as from the…

For many employers, managing their organizations requires navigating multiple HR systems, second-guessing the accuracy of workforce data due to integrations and wading through manual tasks and the choices they bring. It’s more common than you think, given the respondents in a nationwide survey of HR and payroll professionals used an average of 6.17 HCM providers.1Across your organization, no matter the role, employees are mired daily in digging through menus, waiting for answers, completing tasks manually, and delaying or avoiding decisions outright.These inefficiencies don’t just slow teams down. They leave organizations without:real-time insights that leaders need to make fast, data-driven decisionsthe…

Thomson Reuters previewed the latest version of its CoCounsel AI agent, which was touted as a fully autonomous assistant that can understand complex tasks, do its own research, and deliver a work product that was described as “human-level.” Presented as a tool for legal-related tasks, its use cases also encompass tax law and regulation, as well as other applications such as due diligence, regulatory compliance and contract review. Processing Content”This architecture really supports any legal task,” said Joel Hron, chief technology officer for Thomson Reuters, during a webcast. “This agent is able to develop a plan and execute tools to go…

Key PointsTexas is about to unseat Virginia as the world’s largest data market, according to a new report from JLL.Data center vacancies at the end of 2025 remained at a historic low of 1% for the second year in a row.The demand is now being driven by hyperscalers and AI, and headwinds to new development are keeping construction less robust than it could be.A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family…