KPMG

Sep 2, 12:57 PM UTC· Signal 72.6

Ernst & Young commits $100 million in bonuses for U.S. employees demonstrating human skills alongside AI adoption

Ernst & Young's U.S. division has committed $100 million this fiscal year to reward employees who demonstrate adaptability, innovation, and judgment, with spot awards up to $500 and cash prizes up to $25,000 for significant contributions. The program also covers AI experimentation, and 95% of partners have completed in-person sessions on AI's impact. EY's AI-related revenue rose 30% year-over-year in 2025.

5 reports · 3 sources

Aug 1, 06:03 AM UTC· Signal 80.3

Divided Fed Holds Rates Steady Amid Inflation, Internal Dissent

On July 29, 2026, the Federal Reserve voted 9-3 to keep interest rates at 3.5%-3.75%, defying President Trump’s calls for a cut and three dissenting members’ push for a hike. Fed Chair Kevin Warsh, in his second month, vowed no tolerance for inflation above 2%, citing supply shocks from the Iran war. Markets fell sharply, with the Dow dropping 2.2%, and traders now see a 55-63% chance of a September rate hike.