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British pound holds steady as Iran hopes, Fed repricing undermine USD

The GBP/USD pair is seen consolidating its gains recorded over the past two days and trading around the 1.3470 region during the Asian session on Thursday. Nevertheless, spot prices remain confined within Monday’s broader range as traders opt to wait for further developments surrounding the Middle East crisis before placing…

What smart people in tech are saying about Google’s AI leadership restructuring

Demis Hassabis, outgoing CEO of DeepMindShane Anthony Sinclair/Getty Images for Cannes LionsGoogle AI leadership is shifting, with Demis Hassabis moving to Alphabet’s chief scientist role.DeepMind’s transition reflects a focus on AI safety and long-term research initiatives at Google.Industry experts express mixed views on Google’s AI strategy changes amid competitive pressure.Google is overhauling its AI leadership.CEO Sundar Pichai said in a post on Wednesday that DeepMind CEO Demis Hassabis will step down from the role to…

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ADP report July 2026: Private sector adds 44,000 jobs

Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 70,000 jobs and down from the prior month’s revised 95,000 payrolls figure.”Job-changers are highly sensitive to real-time economic conditions,…

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