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Recent Editions
North America
Human Times
Amazon has introduced new software called Connect Talent to help streamline firms' screening and hiring processes. The AI-driven tool conducts interviews and prepares notes without human involvement. Colleen Aubrey, Amazon Web Services' senior vice-president of applied AI solutions, observed that candidates will be aware of the AI screening process, which is still being refined for a more human-like interaction. "The experience continues to get better and better each iteration we go through . . . There's some art around making that voice interaction natural and human," Aubrey said. Amazon said its new homegrown artificial intelligence design philosophy called "humorphism" will help humanize AI and "adapts to how humans work, not the other way around."
Full Issue
UK
Human Times
Thousands of young people in Europe and the United States are hoping that postgraduate qualifications can help them ride out the jobs crisis as employers cut vacancies amid global economic turbulence and increasing investment in artificial intelligence. In the UK, where the youth jobless rate is at its highest since 2015, “lecturer” is this year’s third fastest-growing job on LinkedIn. Bloomberg notes that more than half a million British people who want a job have left the labour market to study, according to official figures, and students now account for over a quarter of those who are not working but want a job.
USA
Education Slice
Former U.S. Education Secretary Arne Duncan has sharply criticized the Democratic Party’s approach to K–12 education, arguing it lacks clear goals, accountability, and urgency at a time of worsening student outcomes following the pandemic. In an interview with The 74 Duncan, who served in the Obama administration from 2009-2016 following a spell as Chicago Public Schools chief executive, called on Democrats to rethink longstanding opposition to policies such as school choice tax credits, framing them as practical tools to support struggling students, particularly given widespread learning loss and high absenteeism. He contends that the party has ceded leadership on education to Republicans, both politically and in terms of student performance, with red states showing stronger gains on national assessments. While remaining critical of Republican policies and rhetoric, Duncan argues Democrats must present a proactive, student-focused agenda centered on improving outcomes, increasing resources, and engaging parents, rather than avoiding the issue. He also warns that the lack of a coherent education strategy is hurting the party politically and failing students, emphasizing that education should be a central campaign priority at both state and national levels.
Full Issue
USA
Accountancy Slice
The House has passed a series of bipartisan tax-related bills aimed at improving IRS operations, including customer service and taxpayer privacy. The Taxpayer Experience Improvement Act, introduced by Rep. David Schweikert (R-AZ) and Rep. Don Beyer (D-VA), seeks to modernize IRS services by providing real-time information on call volumes and wait times. "Taxpayers should not have to spend an afternoon on hold just to find out whether the IRS received a document or when their refund is coming," Schweikert stated. The bill also proposes expanding online taxpayer accounts for easier access to tax documents and responses. If approved by the Senate, these changes could significantly enhance taxpayer experience and efficiency by 2028.
Full Issue
Scotland
Legal Matters Scotland
Pakistani education activist Malala Yousafzai has met Scotland's First Minister John Swinney in Edinburgh to discuss efforts to have gender apartheid recognised as a crime under international law. Both called for coordinated global action and greater recognition of Afghan women's leadership, while condemning the Taliban's treatment of women and girls. The Scottish Government highlighted its support for Afghan students, including funding measures that enabled some to continue their education in Scotland. Mr Swinney added: "It is my privilege to welcome Malala Yousafzai to Scotland, and to lend my support to the international campaign to promote the recognition of gender apartheid as a crime under international law." The meeting forms part of a wider international campaign to address human rights abuses in Afghanistan.
Full Issue
North America
Legal Slice
Jerome Powell has said he will remain on the Fed’s board after stepping down as chair in May, breaking with precedent, and citing concerns that legal and political pressures on the institution are undermining its independence. "I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to conduct monetary policy without taking into consideration political factors," Powell told a news conference after his last policy meeting as chair. His successor, Kevin Warsh, will inherit a complex environment shaped by ongoing inflation around 3%, new energy-related shocks linked to geopolitical tensions, and questions over whether current policy is sufficiently restrictive.
Full Issue
Europe
Risk Channel
The focus of the EU’s Digital Markets Act (DMA) is to turn to cloud and AI services after the European Commission said it has seen progress in other digital areas. The commission said its aim for the near future was to make cloud services and AI “fairer and more contestable,” and that it planned to look into whether certain AI services should be designated as core platforms in the market for virtual assistants. "The DMA was designed to be future-proof and adapt to emerging challenges, for example in AI and cloud," European Union antitrust chief Teresa Ribera said.
Full Issue
North America
CFO Slice
The Federal Reserve held interest rates steady at 3.5% to 3.75% at Jerome Powell’s final meeting as chair, but deep internal divisions emerged over the future policy path, with four officials dissenting on guidance. While most supported maintaining an easing bias that suggests eventual rate cuts, others opposed it, and one policymaker favored an immediate cut, highlighting uncertainty as inflation risks persist. Mr. Powell also announced he will remain on the Fed’s board after stepping down as chair in May, breaking with precedent, citing concerns that legal and political pressures on the institution are undermining its independence. His successor, Kevin Warsh, will inherit a complex environment shaped by ongoing inflation around 3%, new energy-related shocks linked to geopolitical tensions, and questions over whether current policy is sufficiently restrictive.
Full Issue