Goldman Sachs chairman and CEO David Solomon speaks during Goldman Sachs analyst impact fund competition at Goldman Sachs Headquarters in New York City, U.S., November 14, 2023. Brendan Mcdermid | Reuters Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ.U.S. President Donald Trump criticized Goldman on Tuesday for predicting that tariffs would push up inflation, and said Solomon “should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ.”In response, Goldman defended the results of its…
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US Vice President JD Vance poses for a photograph with U.S. troops and families during a visit to RAF Fairford on August 13, 2025 in Fairford, England.Leon Neal | Getty Images News | Getty ImagesU.S. Vice-President JD Vance’s summer trip to the quintessentially British spot the Cotswolds has been heavily criticized by some locals — not least because of heightened security measures, including police roadblocks and check points.Earlier this week, Vance visited the area as part of a working holiday, which has also included meetings with various U.K. political leaders, such as Foreign Minister David Lammy.Thames Valley Police were “supporting…
Lillian Zhang, 25, brought in about $245,000 last year as a content creator.Courtesy of Lillian ZhangGen Zer Lillian Zhang isn’t afraid of hard work.The 25-year-old says that she works 60 to 70 hours a week, balancing a full-time job at a big technology company and working on her side hustle as a social media influencer. Today, she has over 260,000 followers across her various social media platforms where she posts career and personal finance content.Her social media side hustle alone brought in about $245,000 last year, according to documents reviewed by CNBC Make It. This income came from different sources…
Paramount Skydance soars more than 20% after huge volume spike Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailManishi Raychaudhuri, CEO of Emmer Capital Partners, talks about India’s rising middle class and how that will boost the mid-tier hotel segment over the next decade. He adds job creation and income expectations will remain the most important driver for consumption, noting that income tax relief and upcoming government wage hikes could boost urban consumption. Raychaudhuri thinks there is now room for fiscal and monetary measures to further augment growth. Source link
European defense stocks have further to run regardless of whether U.S. President Donald Trump and Russian counterpart Vladimir Putin achieve a breakthrough on the war in Ukraine later this week, market watchers say. Trump and Putin are slated to meet in person in Alaska on Friday, with a view to discuss what it would take to end the more-than-three-year conflict that began with Russia’s full-scale invasion of Ukraine in early 2022. Reports that the two heads of state would meet buoyed broader European equities on Thursday, but sank regional defense stocks . Concerns about Russian aggression had contributed to decisions…
Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty Images News | Getty ImagesStock futures traded near the flatline early Thursday after the S&P 500 and Nasdaq Composite rallied to new records and as investors gear up for more data to assess the state of the U.S. economy.S&P 500 futures and the Nasdaq 100 futures were down under 0.1%. Futures tied to the Dow Jones Industrial Average fell 3 points, or 0.01%.The moves come after a winning day on Wall Street, with the S&P 500…
Vladimir Vladimirov | E+ | Getty ImagesMore older student loan borrowers are struggling to pay their monthly bill, as the Trump administration ramps up its collection efforts.Nearly 1 in 5 — or roughly 18% — of student loan borrowers who are 50 and older became “seriously delinquent,” or 90 days or more late on their payments, in the second quarter of 2025, according to the Federal Reserve Bank of New York. The rate for that age group was closer to 10% in 2019.For comparison, closer to 8% of student loan borrowers between the ages of 18 and 29 became seriously delinquent during…
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty ImagesTaiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server business.Here’s how Foxconn did in the second quarter of 2025 compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:Revenue: 1.79 trillion New Taiwan dollars ($59.73 billion) vs. NT$1.79 trillionOperating profit: NT$56.596 billion vs. NT$49.767 billionThe company’s…
Houses in Whitby, Yorkshire, U.K.Edwin Remsberg | The Image Bank | Getty ImagesThe U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according to preliminary estimates from the U.K.’s Office for National Statistics out on Thursday.Economists polled by Reuters had expected the country’s gross domestic product (GDP) to expand by a tepid 0.1% over the period, up from bumper growth of 0.7% in the first quarter.Month-on-month, the economy grew 0.4% in June after a 0.1% contraction in May, failing to shake off the impact of U.S. tariffs and business uncertainty.”The economy was weak across April and May, with…

