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"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs

"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg. Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening interviews rather than conversations with human recruiters. While he hopes to secure a role in finance, he is also weighing options such as further study as entry-level opportunities become more...
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Jul 14, 2026 / Dave DeCamp
CENTCOM Reimposes Blockade of Iranian Ports, Bombs Iran for Fourth Straight Day
US Central Command said on Tuesday that its forces have reimposed the blockade of Iranian ports after it announced another round of strikes against Iran, marking the fourth consecutive day that the US has bombed Iran. CENTCOM said that at 3 pm EST, it began “launching an additional round of strikes against Iran to continue […]
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Sep 11, 2026 / Tyler Durden
Ukraine Wants To Tax Sex To Fund The War
Ukraine Wants To Tax Sex To Fund The War Authored by Martin Armstrong via Armstrong Economics, How desperate must a government become before it considers taxing pornography to purchase drones for a war it cannot win? Ukraine is now reportedly considering legalizing parts of its adult entertainment industry to generate additional tax revenue for the war against Russia. Ukrainian lawmaker Yaroslav Zhelezniak estimates legalization could bring around $25 million annually into the government's coffers, enough, he claims, to purchase up to 30,000 drones. The legislation has already passed its first reading in...
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Aug 5, 2026 / Tyler Durden
Fresh Panic As Pentagon Has Used 'Virtually All' Its Long-Range Precision Missiles On Iran
Fresh Panic As Pentagon Has Used 'Virtually All' Its Long-Range Precision Missiles On Iran US forces "used up virtually all" of their precision, long-range missiles during the course of the Iran war, and during the earlier heavy US-Israeli campaign of Operation Epic Fury, Reuters reported Tuesday. This has raised serious "concerns about the military's ​readiness for future conflicts," informed sources told the outlet. In particular it is the Army Tactical Missile Systems (ATACMS) and Precision Strike Missiles (PrSM) which are said to be running critically low. US Army file image "Washington has used virtually all of these...
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