GameStop inventory plummets just after CEO is fired. This is what the pros say

GameStop inventory plummets just after CEO is fired. This is what the pros say

Why 22 million people may see ‘sharp’ increase in health insurance premiums in 2026
Finance

Why 22 million people may see ‘sharp’ increase in health insurance premiums in 2026

Key Points The so-called “big beautiful bill” that President Donald Trump signed on July 4 cut taxes for many households. However, the law didn’t extend an enhanced premium tax credit that has lowered health insurance premiums for millions of Affordable Care Act enrollees in recent years. The tax break is slated to end after 2025, […]

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China’s deflationary slide is worsening as companies spiral into price wars
Finance

China’s deflationary slide is worsening as companies spiral into price wars

Key Points There’s a pattern in China: companies rush into an industry, then resort to discounts to stay afloat. “On the surface you’re dominating, but deep inside you’re paying a high price to dominate,” an economist said. The escalation of tariffs has made Chinese manufacturers more determined to build factories overseas, “potentially generating redundant supply […]

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Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Finance

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

Key Points Goldman is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s claim that it had created the world’s […]

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