Goldman Sachs Stock Plunges 7.5% On Geopolitical Risks As U.S.-Iran Conflict Rattles Markets
Shares of The Goldman Sachs Group Inc. (NYSE: GS) tumbled more than 7% in the latest session as escalating U.S.-Israeli military operations against Iran and Tehran's retaliatory strikes injected fresh volatility into global markets, heightening concerns over energy supply disruptions, inflation pressures and broader economic fallout.
McDonald's CEO Chris Kempczinski Under Fire Following His Viral 'Reluctant' Burger Taste Test
McDonald's CEO Chris Kempczinski is under fire for his 'reluctant' taste test of the new Big Arch burger, sparking social media backlash.
OpenAI's US Military Deal Sparks ChatGPT Backlash As Users Flee To Claude Over AI Ethics Concerns
OpenAI's military partnership has sparked ethical backlash, prompting ChatGPT cancellations as users migrate to Claude over AI safety concerns.
Donald Trump Announces Government Ban On Anthropic Technology Amid Pentagon Dispute
President Donald Trump orders federal agencies to stop using Anthropic's AI technology amid a heated Pentagon dispute over military safeguards.
Editor's Pick
Walmart Delivery Pay Dispute Ends With $100M Agreement
Walmart will pay $100 million to settle claims of misleading delivery drivers about pay and tips.
Papa John's To Close 300 Restaurants By 2027 In Major Cost-Cutting Move
Papa John's will close 300 underperforming restaurants by 2027 to cut costs and improve efficiency.
FedEx Says It Will Pass Any Tariff Refunds Back To Customers After Supreme Court Ruling
FedEx will refund customers for Trump-era tariffs after the Supreme Court ruled them illegal.
Investors
Most Read
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
EU Faces 'Transitional Period' After Trump's New Import Surcharge Shakes Trade Deal
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: 'Designed To Cause a Humanitarian Collapse'
China Retaliates Against Canada With Hefty Tariffs On Key Exports
China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
'Godfather of AI' Geoffrey Hinton Says These Entry-Level Jobs Will Be First to Be Replaced
Geoffrey Hinton warns graduates that AI is doubling in power every seven months, threatening entry-level jobs in call centres, marketing, and journalism with imminent replacement.
Goldman Sachs CEO David Solomon Tops Jamie Dimon With $47 Million Pay Package
Goldman Sachs CEO David Solomon earned a record $47 million in 2025, surpassing JPMorgan's Jamie Dimon.
Fashion Legend Valentino Garavani Dead at 93, Foundation Confirms
Fashion legend Valentino Garavani has died at 93, with tributes pouring in for the iconic designer known for timeless glamour and Valentino red.
