The Latest Breaking News from Goldman Sachs

The explosion of interest in artificial intelligence has drawn attention not only to the astonishing capacity of algorithms to mimic humans but to the reality that these algorithms could displace many humans in their jobs. The economic and societal consequences could be nothing short of dramatic.

With the ‘zero-Covid’ policy behind it, China’s economy began to recover. However, the nation's economic recovery is losing momentum after an initial burst in consumer and business activity earlier this year. Amid a volatile economic backdrop, let’s find out which China stock, Alibaba Group (BABA) and China Automotive (CAAS), is…

“There will be banks that have concentrations, and those banks will experience larger losses,” Powell told reporters on Wednesday.

"Commercial real estate has come under pressure" says Goldman Sachs CEO David Solomon.

A recession is unlikely to hit the U.S. before the end of the year, David Solomon predicted.

Spencer Potts to become CEO, succeeding co-founder Adam Helfgott, who shifts to chairman

The bank thinks A.I. could prompt a revolution in the workplace—and may spell the end of the remote work era.

“I don’t know if stuck is the right word, but a 2.62% interest rate is hard to give up right now.”

July WTI crude oil (CLN23 ) on Monday closed down -3.05 (-4.35%), and July RBOB gasoline (RBN23 ) closed down -11.06 (-4.27%). Crude oil and gasoline prices Monday sold off sharply, with crude falling to a 6-week low and gasoline sliding to a 1-week low. A stronger dollar Monday weighed...