The Latest Breaking News from David Solomon

Goldman Sachs’ acceptance rate for internships is less than 1%.

Relying on book smarts over real-life expertise won’t get one hired at the $268 billion bank, says Goldman Sachs boss David Solomon.

Trump’s China visit revealed the weakness behind his tariff tactics, with major consequences for American businesses and consumers.

The FTSE 100 Index closed up 13.59 points at 9,714.96.

“There will be disruption. But I’m a big believer that our economy is very nimble, very flexible,” said David Solomon.

Goldman Sachs and Morgan Stanley have issued a warning about a potential market correction. The CEOs of both firms have advised investors to prepare for a downturn within the next two years.

Tuesday November 11 will be the 50th anniversary of the dismissal of the Whitlam government by the then Governor-General Sir John Kerr. It was a dramatic day in our federal political history, with Malcolm Fraser appointed prime minister. Fraser then led the Coalition to a landslide victory in the subsequent…

“The path out is a growth path,” Solomon said. “The difference between compounding growth of 3% and 2% is monstrous in terms of dealing with this issue.”

David Solomon sees artificial intelligence as a major catalyst for U.S. economic growth—but warns that the path ahead won’t be a straight line.