Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist. There are signs of a hiring pullback in the technology sector, hitting younger employees there the hardest, according to Joseph Briggs, senior global economist of Goldman's research division.
Investors love dividend stocks, especially those with high yields, because they provide a substantial income stream and offer significant total return potential.
Goldman Sachs has named Marko Ratesic as vice chairman of the consumer retail group within its investment bank, according to a memo seen by Reuters on Monday.
A deal between Apple and JPMorgan could reportedly leave a lesser-known company in the cold. As the Wall Street Journal (WSJ) reported Sunday (Aug. 3), CoreCard has helped provide Apple's credit card with distinctive features, including bills on the first of the month and a payment wheel that shows users projected interest costs.
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