Business

Goldman Sachs Q2 Assets Under Supervision Hit Record, Net Interest Income Surges 56%

Goldman Sachs Q2 Assets Under Supervision Hit Record, Net Interest Income Surges 56%

Goldman Sachs Group Inc. (NYSE:GS) shares traded higher Wednesday after the firm reported second-quarter results that beat analyst expectations, boosted by robust gains in its global banking and trading divisions. Net revenue rose 15% year over year to $14.58 billion, topping the consensus estimate of $13.36 billion, though it declined 3% from the prior quarter. GAAP earnings came in at …

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Kids are asking AI companions to solve their problems, according to a new study. Here’s why that’s a problem

Kids are asking AI companions to solve their problems, according to a new study. Here’s why that’s a problem

Facebook Tweet Email Link EDITOR’S NOTE:  Kara Alaimo is an associate professor of communication at Fairleigh Dickinson University. Her book “Over the Influence: Why Social Media Is Toxic for Women and Girls — And How We Can Take It Back” was published in 2024 by Alcove Press. Follow her on Instagram, Facebook and Bluesky. When two of James Johnson-Byrne’s friends …

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Coca-Cola dodges after Trump says soda will switch back to cane sugar

Coca-Cola dodges after Trump says soda will switch back to cane sugar

President Donald Trump said Wednesday that Coca-Cola in the United States will begin to be made with cane sugar, but the company did not explicitly say that was the case when it was asked later about Trump’s claim. Trump said Wednesday afternoon on Truth Social that he had been speaking to Coca-Cola about using cane sugar in the sodas sold …

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“Gen Z Stare”? Millennials, Your Boomer Trauma Is Showing.

“Gen Z Stare”? Millennials, Your Boomer Trauma Is Showing.

Just when I thought the millennial-Gen Z alliance had reached a zenith, the “Gen Z stare” debate was born. The “Gen Z stare” is supposedly the blank look Gen Zers give when they’re asked a question or faced with a situation they don’t know how to respond to. Most of the debate hinges on Gen Zers working customer service roles, …

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SF tech startup lays off 200 a month after Meta poaches CEO – SFGATE

SF tech startup lays off 200 a month after Meta poaches CEO  SFGATE Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang  CNBC Scale AI just got hit by a major restructuring in the wake of its blockbuster Meta deal  Business Insider Scale AI to Cut 14% of Staff Following Meta Investment  Bloomberg.com Scale AI Lays Off 14% of Staff …

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Apple signs megadeal with operator of one-of-a-kind Calif. mine – SFGATE

Apple signs megadeal with operator of one-of-a-kind Calif. mine  SFGATE Apple just spent $500 million to source a material that’s critical for iPhones from the US  CNN Pentagon-Backed MP Materials Soars 255% — But Is a Crash Coming?  Yahoo Finance Pentagon takes $400 million stake in rare-earth miner  The Washington Post MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.  Barron’s Source …

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Stock market today: Live updates

Stock market today: Live updates

Traders work at the New York Stock Exchange on July 15, 2025. NYSE U.S. stock futures ticked lower on Wednesday night. The moves follow a winning day after President Donald Trump denied that he was planning to fire Jerome Powell from his position as Federal Reserve chairman. Futures tied to the Dow Jones Industrial Average fell 82 points, or 0.18%. …

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Trump floats firing Fed chair with GOP lawmakers, then backs off – The Washington Post

Trump floats firing Fed chair with GOP lawmakers, then backs off  The Washington Post Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It.  The New York Times Stock market today: Dow, S&P 500, Nasdaq end higher after Trump’s Powell talk sparks volatile trading  Yahoo Finance Trump suggests Fed renovations could be fireable offense for Powell  CNN …

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Waymo Vets Are Automating Construction With Self-Driving Excavators

Waymo Vets Are Automating Construction With Self-Driving Excavators

Bedrock Robotics, led by a veteran of Alphabet Inc.’s autonomous tech unit, is emerging from stealth with $80 million and plans to make heavy construction equipment work around-the-clock without human operators. A team of engineers from self-driving robotaxi leader Waymo is eyeing another huge market to automate: construction equipment. Last year, Boris Sofman, previously a star engineer at robotaxi leader …

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