Goldman Sachs Warns of Urgent ‘Jobless Growth’ Due to AI
UPDATE: Goldman Sachs has just announced a stark warning for the US economy: the nation may be entering an era of ‘jobless growth’ fueled by artificial intelligence (AI). This urgent…
AI Faces Data Shortage: Goldman Sachs Warns of Future Risks
URGENT UPDATE: AI is rapidly approaching a critical data shortage, according to Neema Raphael, chief data officer at Goldman Sachs. In a recent episode of the bank’s “Exchanges” podcast published…
Goldman Sachs Unveils Plans for Massive Dallas Campus by 2028
UPDATE: Goldman Sachs has just announced ambitious plans for a new campus in Dallas, set to open in 2028. This state-of-the-art facility will span 800,000 square feet and is designed…
AI’s Impact on Jobs: What Machines Can’t Do in Everyday Life
Goldman Sachs has projected that artificial intelligence may displace up to 300 million jobs globally by 2027. While this statistic raises concerns about the future of employment, a closer look…
Spotify Celebrates Billion Stream Milestone Amid Industry Shifts
Spotify recently marked a significant achievement by welcoming its first group of artists to the Billion Stream Club. This milestone highlights the platform’s growing influence in the music industry, showcasing…
Ex-JPMorgan Exec Indicted for $4M Fraud Linked to Gambling
UPDATE: Richard Kim, a former executive at JPMorgan Chase and Goldman Sachs, has been indicted on serious securities and wire fraud charges involving the alleged misappropriation of approximately $4 million…
Citi Cracks Down on Job-Hopping Junior Bankers Amid PE Surge
UPDATE: Citi has just announced a new policy targeting junior bankers to combat aggressive recruitment from private equity firms. The major move comes from CEO Jane Fraser and was revealed…
Global Markets React to Economic Data on July 11, 2025
Global financial markets experienced significant fluctuations on July 11, 2025, following the release of key economic data. Investors reacted to strong job growth figures in the United States, which raised…