Goldman Sachs unveils 10-year playbook, AI is at the heart of it

Goldman Sachs unveils 10-year playbook, AI is at the heart of it

Artificial intelligence and emerging markets are set to define the next decade, according to Goldman Sachs. The Goldman Sachs 10-year global outlook, released on Wednesday, sets out the investment bank’s expectations leading up to 2035. The longer-look report is designed to complement forecasts from the firm’s economists. “While cyclical forces will periodically influence markets, the drivers…

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DOJ won’t drop Fed probe, will appeal Powell subpoena block: Pirro

DOJ won’t drop Fed probe, will appeal Powell subpoena block: Pirro

U.S. Attorney Jeanine Pirro on Wednesday doubled down on her investigation of the Federal Reserve, even as the controversial probe endangers the confirmation of Kevin Warsh, President Donald Trump’s pick to replace central bank Chairman Jerome Powell. The criminal investigation centers on alleged cost overruns associated with the ongoing renovations of two historic Fed buildings…

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Trump fires IRS commissioner, Bessent named acting head

Trump fires IRS commissioner, Bessent named acting head

Former Rep. Billy Long, R-Mo., nominee to be commissioner of the Internal Revenue Service, testifies during his Senate Finance Committee confirmation hearing in Dirksen building on Tuesday, May 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as…

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