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Fed announces meeting to discuss easing bank leverage rules
WASHINGTON (Reuters) -The Federal Reserve will consider plans to ease leverage requirements on larger banks at a meeting later this month, kicking off what is expected to be a broad effort to reconsider bank rules.The U.S. central bank announced the board meeting, scheduled for June 25, to discuss changes to …. Read More >>

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Amazon’s workforce to reduce on rollout of generative AI, agents
Artificial intelligence is reshaping the global workforce by automating routine and repetitive tasks, and industry leaders expect this to prompt a reduction or transformation of certain roles across industries.”As we roll out more Generative AI and agents, it should change the way our work is done. We will ne …. Read More >>

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War insurance costs to Israel soar after Iranian attacks, sources say
LONDON (Reuters) -War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday.The cost of a seven-day voyage to Israeli ports was quoted between 0.7% and 1.0% of the value of a …. Read More >>

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Waymo expands robotaxi services into more parts of San Francisco Bay Area
The self-driving technology firm had received approval from California last month to expand operations, just as Tesla prepares to launch its paid robotaxi service in Austin, Texas.Starting Tuesday, Waymo is expanding its autonomous ride-hailing service to new areas across the peninsula, including Brisbane, So …. Read More >>

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