Company
KPMG is one of the Big Four professional services networks, offering audit, tax, and advisory services to businesses and governments worldwide.
KPMG's survey of 400 US CEOs finds 85% expect cybercrime to affect their prosperity, more than say so of inflation or geopolitics. The firm that ran it sells cyber defense work, and its chair calls the risk in decades-old systems a multi-billion dollar opportunity.
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Australia's government is weighing a universal child care system alongside Medicare and the NDIS after parents' out-of-pocket costs rose 7.3% in a year. Its leading option tiers subsidies by income and puts more public money into a market built around private providers.
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UK permanent hiring grew for a second straight month in September, lifting the KPMG and REC placements index to 50.9, a four-year high. KPMG's Jon Holt called the recovery fragile, so employers have to judge how much permanent headcount to commit before this month's Budget sets tax policy.
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Strategy estimated a $4.1 billion income-tax benefit after its Bitcoin climbed back above cost at Sept. 30. The estimate came from a quarter-end price test that KPMG has not reviewed, so it belongs apart from operating income and cash.
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Strategy's $20.91 billion third-quarter bitcoin gain still leaves it about $1.87 billion down on digital assets for 2026, its SEC filings show. With the coin near $85,300, whether the year ends in profit depends on a Dec. 31 close roughly $450 higher.
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Ramp's AI Index shows US corporate token use up about 50% since July while AI spending fell, as effective token prices dropped 41%. Usage has not grown enough to cover the price cut, so competition between OpenAI and Anthropic has so far moved revenue from the two sellers to their customers.
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KPMG found 74% of large US firms in its survey review AI costs before approving projects, while 55% are developing role-specific rules for staff. Surveys of employees find less clarity still. Closing that gap now falls to leaders moving AI agents out of pilots.
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Gary Wingrove became KPMG's global chairman and CEO on October 1, taking charge of more than 276,000 staff in legally separate member firms. His task is to move those firms together on AI, a growth bet that is also automating the junior work that feeds the partner pipeline.
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SwissBorg joined Schuman Financial, eToro and LCX as a founding member behind EURØP, a MiCA euro token holding 102 euros of reserves per 100 issued. The only incentives on record are retail ones that end in August 2026, so real demand gets tested once they lapse.
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Anduril marketing chief Jeff Miller gave AI agents access to his bank details and email, then used them to clear six months of expense reports. The approval he keeps for himself covers what an agent sends or buys, so a team policy modelled on it still has to decide what the agent may read.
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US nonresidential specialty trade contractors added 86,000 jobs in a year, with much of the demand coming from data-center construction. Operators hiring electricians now compete against one sector's boom, and economists disagree on how long it lasts.
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The big firms are repositioning as technology shops sold on multi-year delivery. What buyers sign for is a system inside their own operating model, and the recourse still looks like time and materials.
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The 10-year Treasury touched 4.92% on Thursday, its highest since 2023, with oil back above $100 a barrel. Fed funds futures put next week's hike odds near two in three, and the long end has already moved.
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KPMG has set up a technology and innovation group of several hundred staff that runs apart from its audit, tax and advisory businesses. How much faster the group moves depends on which approvals it drops while it stays inside the firm's risk and governance rules.
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The new Client Technology & Innovation group puts AI, innovation and the firm's Anthropic and OpenAI alliances under one vice chair reporting to CEO Tim Walsh, eight days before the previous AI vice chair retires.
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The multipliers in circulation for how far AI seats are underpriced run from five times to twenty, and all of them rest on an unpublished per-seat token count. The API rate card is the part you can check.
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Gulf space money is moving off government budget lines and onto corporate balance sheets, where Space42's venture with Viasat now sits. KPMG's projection to 2034 is for slower growth than the decade behind it.
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Paul Atkins would raise the Section 404(b) float exemption from $700 million to $2 billion, releasing about 1,700 companies from a $430 million pool of attestation fees drawn out of the $3.8 billion they pay their auditors.
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Justin Johnsen has been a forward-deployed engineer at KPMG for about a year. His account of one engagement puts months of requirements and context work ahead of a build that took roughly a month, then coaching the client's own team.
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Sheryl Sandberg says women with equal career motivation are opting out for lack of sponsorship and support, and the 2025 Lean In data hands managers only the part of that problem they can fix themselves.
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Leadership · September 9, 2026 · One report1 publisher
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