Goldman Sachs: AI to Automate Quarter of Work Hours
Goldman Sachs analysts predict AI could automate 25% of work hours, displacing 6-7% of jobs, but historical tech shifts show new roles emerge, preventing full employment crisis.
Goldman Sachs analysts predict AI could automate 25% of work hours, displacing 6-7% of jobs, but historical tech shifts show new roles emerge, preventing full employment crisis.
David Collier, the former CEO of the England and Wales Cricket Board, has died at 70. He led the ECB from 2004 to 2014, overseeing major developments in English cricket.
Meta Platforms has appointed Dina Powell McCormick, a former Goldman Sachs executive and Trump advisor, as its new President and Vice Chairman. Get the full details on this major corporate leadership change.
Shopify CEO Tobi Lutke labels reported UK-Canada-Australia plan to ban X and Grok a 'great honeypot', saying officials backing it should resign. Canada denies ban consideration.
Outgoing Walmart CEO Doug McMillon's final-year compensation of $27.5 million highlights a vast pay disparity. Discover the figures and what they say about executive pay. Read more.
Nvidia CEO Jensen Huang confirms he has no plans to leave, citing his long tenure secret. He announced new AI chips and a Mercedes partnership at CES. Read more.
Apple speeds up hunt for next CEO as Tim Cook seeks lighter workload. Hardware chief John Ternus emerges as top contender. Read the full story for details on the leadership transition.
JPMorgan Chase replaces Goldman Sachs as issuer of the Apple Card, ending Goldman's troubled consumer lending experiment. The deal involves over $20B in balances.
Apple Card's issuer changes from Goldman Sachs to JPMorgan Chase. Key features like 3% cashback remain. The deal closes in 2 years. Learn what stays the same for users.
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, is set for a $25 million salary in 2026, placing him among the highest-paid S&P 500 CEOs. This marks a new era for the conglomerate.
Indian rupee strengthens for second day, closing at 89.88 per dollar after suspected RBI intervention. Analysts see range-bound movement amid foreign selling and trade deal uncertainty. Read more.
Renowned economist Jeffrey Sachs launched a fierce attack on the US at the UN Security Council, condemning the capture of Venezuela's Maduro and demanding immediate withdrawal. Read the explosive details.
Arsenal goalkeeper David Raya's £120k weekly wage places him among football's highest-paid. Explore his £15M net worth, career journey, and life with wife Tatiana Trouboul.
Top US economist Jeffrey Sachs condemns US actions in Venezuela at UN Security Council, calling it a hegemonic power grab. He urges upholding international law. Full details inside.
Nxtcell India appoints Atul Vivek as CEO effective Jan 1, 2026. With 20 years of leadership experience from Realme, Samsung, and others, he will drive Alcatel's smartphone and AIoT expansion. Read more.
Goldman Sachs analysis reveals companies discussing AI are cutting job openings sharply, but clear evidence of AI-driven mass layoffs remains limited. Explore the bifurcated impact on the workforce.
Air India initiates hunt for a new CEO, marking leadership change after Campbell Wilson's tenure since July 2022. Get the latest business news updates.
Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged to a record high after Goldman Sachs raised its price target by 35%, citing AI as a multi-year growth engine. Discover how the chip giant's $1 trillion valuation is reshaping tech.
Prabu Solomon's 'Kumki 2' gets a digital premiere on Prime Video on January 3, 2026. The emotional man-animal drama aims for a wider audience after a mixed theatrical run. Read more.
Goldman Sachs predicts gold will be the top-performing commodity in 2026, driven by central bank buying and geopolitics. Silver is also set for strong gains. Read the full analysis.
Goldman Sachs predicts a bright future for gold and silver, forecasting $2,700 and $32 per ounce by 2026. Copper expected to consolidate. Key drivers include Fed policy and green demand.
Goldman Sachs forecasts continued growth for global equities in 2026, though at a slower pace than 2025. Key drivers include earnings and policy shifts. Read the full analysis.
Goldman Sachs initiates coverage on PhysicsWallah with a neutral rating. Other key calls include Avendus on LG, Nuvama on KMEW, HSBC on Ambuja Cement, and Investec on RBL Bank. Read the full analysis.
Boston Bruins star David 'Pasta' Pastrnak's net worth hits ~$80 million in 2025. Explore his massive NHL contract, endorsements, and financial success story. Read more!
Goldman Sachs CEO David Solomon reveals why intelligence alone fails. Success demands resilience, experience, and human skills. Learn what builds a lasting career.
The Economist crowns Armin Papperger of Rheinmetall as 2025's top CEO. Discover the rigorous selection process and why other global contenders fell short. Read the full analysis.
Economist Jeffrey Sachs at Presidency University urged India to pursue independent foreign policy, cooperate with China, and solve border disputes diplomatically for South Asian stability.
Roblox CEO David Baszucki shares his journey of rejection and confusion after Stanford, urging Gen Z graduates to trust their gut in today's tough job market. Read his inspiring story.
Jefferies starts Groww with Rs 180 target, IIFL bullish on Firstsource, Macquarie rates Lenskart outperform. CLSA holds Voltas, Goldman buys Max Healthcare. Key stock market insights.
Global M&A activity is set for a major rebound, with Goldman Sachs predicting a 40% surge in 2025 driven by AI and mega-deals. Discover the key sectors and strategic trends shaping the future of corporate consolidation.