deloitte

Marriage plans postponed. Higher education pushed to "someday." Business dreams left on hold. A new deloitte survey reveals that financial strain is increasingly shaping the life choices of Gen Z and millennials, with more than half delaying major decisions due to economic pressures. As housing costs rise and job market uncertainty persists, young adults are finding themselves caught between ambition and affordability, redefining what adulthood looks like in the modern era.

OpenAI's CFO, Sarah Friar, stressed that AI tool proficiency is now as crucial for finance professionals as spreadsheets were decades ago. She highlighted that companies are actively seeking employees skilled in AI, with demand for compute power outstripping supply. Friar also underscored the need for inclusive access to AI technologies as adoption grows.

Indian working women are achieving career milestones but face significant emotional and cognitive costs due to unaddressed stress. Burnout is a structural issue, not individual failure, often stemming from a lack of recovery moments. The 5-5-5 Routine offers a simple, repeatable structure to create essential pauses for mental offloading, boundary enforcement, and intentional closure, fostering sustainable leadership and performance.

Leaked Passwords, Phishing Attacks Being Used To Conduct Unauthorised Transactions

Summer travel is splitting along income lines as soaring airfares and hotel costs deter budget-conscious families. Wealthier Americans continue to splurge, while middle and lower-income groups are cutting back or delaying trips. This K-shaped trend sees fewer Americans planning vacations, with even those earning up to $200,000 annually reducing travel plans.

Global professional services networks are shifting recruitment focus. The Big Four firms now seek more AI specialists than corporate auditors. This trend reflects significant investment in automated tools and advising clients on AI transitions. Technical roles like data scientists and machine learning engineers are in high demand. This change restructures traditional business models, automating entry-level tasks and driving tech-heavy hiring.

OpenAI CEO Sam Altman expressed skepticism about the practicality of orbital data centers, suggesting underwater infrastructure might be more feasible. This comes as Elon Musk's SpaceX and Google reportedly explore space-based computing projects, driven by the surging demand for AI infrastructure and the strain on traditional data centers.

Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The remarkable thing about Byju’s is that it did not begin as a cynical idea. There was something authentic at its core. That is partly why the collapse feels so dramatic

EY Canada has removed an AI-generated report on loyalty rewards programs after researchers discovered significant errors, including fabricated data and non-existent citations. The consulting firm is now reviewing the publication process for the report, which was used to market cybersecurity services. This incident highlights growing concerns about AI accuracy in professional services.

A change in how social security benefits are calculated by employers under the new labour codes could affect your in-hand salary.

Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.

India celebrates National Technology Day, commemorating its scientific advancements and the 1998 Pokhran tests. Startup leaders emphasize technology's role in empowering professionals, driving scalable and inclusive innovations, and democratizing creation. The focus is shifting towards efficient, intelligent, and consolidated technological integration for societal benefit.

Gen Z is navigating a complex financial landscape, balancing early earning and investing with impulsive spending and trend-driven bets. While digitally savvy and embracing new tools, they often overlook essential safety nets like insurance. Experts urge a shift from quick gains to disciplined, long-term wealth building, splitting finances strategically for stability.

Millions in Asia, including India, China, and Thailand, face uncertainty over watching the FIFA World Cup 2026 due to delayed broadcast rights. Unfavorable late-night match timings and high costs are stalling deals, potentially impacting viewership. Experts, however, believe agreements will be reached, ensuring widespread access to the global football spectacle.

deloitte plans to reduce paid family leave from 16 to eight weeks and cut annual paid time off by 5-10 days for a segment of its US workforce starting January 1, 2027. These changes, affecting internal roles under the 'Center' talent model, aim to tailor benefits to market alignment. New pension plan contributions and adoption/surrogacy reimbursements will also cease.