What’s at stake as China prioritises household spending in new five-year plan
Beijing has elevated household spending to a higher strategic priority, rolling out the country’s first stand-alone five-year plan…
A top Goldman Sachs economist says AI will displace the jobs of 15 million US workers
AI adoption may displace 15 million US jobs, says Goldman Sachs economist Joseph Briggs. History shows that new…
Leisure & hospitality shed 61,000 jobs in June despite expected World Cup boost
WASHINGTON (TNND) — The tourism boost from the World Cup was supposed to create tens of thousands of…
As China plans for demographic crisis, some sectors see opportunity
As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future…
The copper crunch: inside the US-China battle for a critical global supply chain
As China and the United States compete for leadership in AI, energy and other strategic sectors, a quieter…
Students are Ditching Computer Science as AI Job Fears Grow
Goldman Sachs has found the first clear evidence that college students are steering away from majors exposed to…
China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see…
College students are swapping coding for healthcare: Goldman Sachs
College students are beginning to eschew AI-exposed majors in favor of fields associated with stronger job growth, according…
Goldman Sachs Predicts AI Infrastructure Spending Could Hit More Than $1 Trillion in 2027. 3 AI Stocks to Buy.
Spending on artificial intelligence (AI) infrastructure is booming, with related capital expenditure (capex) expected to surpass $700 billion…
SpaceX to begin trading in biggest IPO in history as Musk eyes trillionaire status
NEW YORK, June 12 — Elon Musk’s SpaceX yesterday confirmed it will begin trading on the Nasdaq exchange today in…
Goldman Sachs Just Made a Bold Statement About SpaceX. Here’s Why I’m Not Buying It
Banking giant Goldman Sachs (NYSE: GS) is the lead underwriter for the historic SpaceX initial public offering (IPO)…
Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom
As Elon Musk prepares for what will likely be the biggest listing in history, some top-tier bankers assisting…