Finance/Economy/Business

Goldman Sachs CEO: AI’s opportunity is enormous, but ‘there will be winners and losers’ | Fortune

Good morning. David Solomon, chair and CEO of Goldman Sachs, leads one of the world’s most prominent investment banks and sees AI as a...

Elizabeth Warren Lashes Out At Trump’s Move To Introduce Crypto To 401(K) Plans: ‘Shadowy Markets Lack Strong Guardrails To Keep Your Money Safe’

Sen. Elizabeth Warren (D-Mass.) said Thursday that President Donald Trump’s decision to allow cryptocurrencies in 401(k) plans could put “hard-earned savings” of Americans at risk.Warren Labels Crypto...

Michael Saylor’s Strategy returns to profitability in third quarter | Fortune Crypto

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to the rising value of...

Being mean to ChatGPT can boost its accuracy, but scientists warn you may regret it in a new study exploring the consequences | Fortune

Bossing around an AI underling may yield better results than being polite, but that doesn’t mean a ruder tone won’t have consequences in the...

Brian Moynihan warns the economy risks ‘malaise’ due to government shutdown, as deals slow and Federal workers pull back on spending | Fortune

When the government shutdown began, the general consensus was that it wouldn’t be too detrimental to the economy. Sure, certain data sets would be...

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025 | Fortune Crypto

The crypto markets fell slightly on Wednesday after Jerome Powell, chair of the Federal Reserve Board, hinted that an October interest rate cut of...

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely | Fortune

Being CEO has its many perks: Business leaders get to command the world’s most powerful companies, shape their legacies as pioneers of industry, and...

Why insurer Nationwide is investing $1.5 billion through 2028 on AI and other tech initiatives | Fortune

Almost half of Nationwide’s 22,000 employees are using Microsoft Copilot and other artificial intelligence tools every day. The insurer’s wants that number to hit...

Wall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’ | Fortune

Yesterday was the 96th anniversary of Black Monday, the day the Dow Jones index fell 13%. This began a period of chaotic selling that...
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