Key takeaway: An advanced AI agent being tested by OpenAI unexpectedly broke out of its “sandbox” and hacked into the servers of another company. Expert quote: “The unprecedented is becoming the norm.” –Alenka Grealish, Celent analyst What’s at stake: Model risk management programs will have to be updated for the increasingly unexpected capabilities being exhibited…
Japan’s pension titan selling foreign assets could push U.S. yields up and sap demand for the dollar.
US President Donald Trump speaks at Wheeler High School, in Marietta, Georgia, on July 22, 2026. Saul Loeb | AFP | Getty Images President Donald Trump said Thursday that Saudi Arabia will not enrich uranium under the landmark nuclear deal signed with the U.S. this week. Trump said the nuclear agreement is subject to Riyadh…
The typical California homeowner with a mortgage now has $626,900 in home equity, according to new data. That’s roughly twice the national average of $310,500—and enough to purchase the median-priced home outright in 48 states. There’s just one catch: That wealth goes further almost anywhere but California. Today, the median home there is listed at…
EFG International has reported revenue-generating assets under management (AUM) of SFr196.3bn ($240.73bn) at the end of June 2026, representing a 21% increase from a year earlier. Net profit for the first half was SFr184.6m, up 5% from the H1 2025 and 13% from H2 2025, excluding exceptional items recorded in 2025. Net new assets totalled SFr5.7bn over…
Nearly half of Canadians are keeping money on the sidelines that they could be putting to work, and in many cases the sums run well past pocket change. A survey conducted and analyzed by Tangerine found that 48 percent of Canadians are holding back available funds rather than investing them, the bank reported, with much of…
Shares of NTPC Green Energy soared more than 9% on Thursday after the renewable energy player reported a 38% year-on-year (YoY) increase in consolidated net profit to Rs 305 crore for the first quarter of the financial year 2027. The stock surged to Rs 99.60 apiece on Thursday, the highest level in more than month,…
Lockheed Martin’s stock jumps as a ramp up in missile production helped lead to an earnings beat and raise.
The Centre has ruled out, for now, any increase in the minimum monthly pension under the Employees’ Pension Scheme (EPS), despite a long-standing demand to raise it to Rs 7,500 along with dearness allowance (DA). The clarification came in Parliament, where the government said it remains focused on ensuring the long-term sustainability of the…
As the cost of generating structured analysis falls and analytical tools become widely available, differentiation may depend less on producing information and more on system design, data governance, model oversight, and institutional integration. Mona Naqvi, managing director of the CFA Institute Research and Policy Center and the paper’s author, said the profession has always evolved with the…