Fed cuts rate but future easing uncertain

Danielle KayeBusiness reporter Reuters US Federal Reserve Chair Jerome Powell The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions create uncertainty about additional cuts in the coming months. The central bank said on Wednesday it was lowering the target for its key lending rate by 0.25…

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AI is taking over managers’ busywork—and it’s forcing companies to reset expectations

AI isn’t just a new tool for the modern workplace; it’s already quietly reshaping how some companies are organized. Companies including Amazon, Moderna, and McKinsey are already eliminating management layers, working to flatten organizations, and deploying AI agents to automate routine work.  As AI rewrites the corporate org chart, humans can avoid some managerial drudgery,…

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Australia news live: Victorian students await VCE results and Atar scores; Treasury optimistic on business forecast | Australia news

Victorian students receive VCE results and Atar scores Adeshola Ore Ethan Bundle-Bell is among more than 65,000 Victorian students who will graduate with their Victorian Certificate of Education (VCE) today. At the same time, Victorian students will become the first in the country to receive their Australian Tertiary Admission Rankings (Atar) scores, with the remaining…

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