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Goldman Sachs CEO David Solomon on Running a Bank in the Age of AI

David Solomon, chief executive officer of Goldman Sachs Group Inc., during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, June 2, 2026. Solomon said a boom in equity markets is being driven by an appetite for profit that’s outweighing fears about economic disruption and inflation risks. Photographer: Michael Nagle/Bloomberg

Bloomberg Technology 6d ago

Goldman Sachs CEO David Solomon on Running a Bank in the Age of AI

David Solomon, chief executive officer of Goldman Sachs Group Inc., during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, June 2, 2026. Solomon said a boom in equity markets is being driven by an appetite for profit that’s outweighing fears about economic disruption and inflation risks. Photographer: Michael Nagle/Bloomberg

Bloomberg Markets 6d ago

Commentary: The biggest losers from Trump's tariffs? Americans

Commentary: The biggest losers from Trump's tariffs? Americans In addition to raising prices, companies also reined in labour costs to cover the expense of tariffs, says Robert Burgess for Bloomberg Opinion. NEW YORK: It’s widely understood that the Trump administration’s ill-conceived decision back in April 2025 to impose broad “reciprocal” tariffs on US imports from around the world, even on an island inhabited only by penguins, has made the goods that Americans buy more costly.

Channel News Asia 7d ago

Biggest takeaways from this week's MLB owners meet...

Major League Baseball's owners convened this week at the league's headquarters in New York with plenty to discuss. Last week, the owners and the MLB Players Association exchanged opening proposals for a new collective bargaining agreement. The plans highlighted fundamentally different visions for the sport's economic future and underlined the potential for a long work stoppage.

ESPN 5d ago

Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite

A month ago, Alphabet briefly surpassed Nvidia by market cap. The stock has since been on a downward slide, and is on pace to wrap its fourth straight weekly drop, the longest losing streak in more than a year. That's the market mood Alphabet faces as it pursues $85 billion in fresh capital to help fund its artificial intelligence build-out.

CNBC 5d ago

Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad

Alphabet bulls fought the down tape all day on Tuesday, taking the glass-half-full view of the company's plans to sell a massive amount of stock to fund its artificial intelligence buildout. The cloud and search giant announced late Monday that it plans to raise $80 billion through a stock offering, including a $10 billion investment by Berkshire Hathaway . It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.

CNBC 7d ago

The back-channel bid to go soft on Maduro

When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.

Politico EU 2d ago

West Ham owner David Sullivan accused of preying on women for sex

West Ham owner David Sullivan accused of preying on women for sex To display this content from YouTube, you must enable advertisement tracking and audience measurement. Issued on: Modified: PRESS REVIEW – Tuesday, June 9: We look at how the Chinese papers are covering Xi Jinping's two-day visit to North Korea.

France 24 1d ago

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.

CNBC 10d ago

World Cup sticker shock: The ugly cost of the beau...

Saving up for a World Cup is nothing new for die-hard soccer fan Paul Marshall. In 2014 and 2018, the Southern California native made trips to Brazil and Russia for the festivities. In 2022, he spent the entirety of the competition in Qatar, from the opener to the final.

ESPN 6d ago