Goldman Sachs – One America News Network

A visitor looks at humanoid robots displayed at the Institute of Automation, Chinese Academy of Sciences booth during the World Robot Conference in Beijing, China August 21, 2024. REUTERS/Florence Lo/File Photo

China’s robot makers chase Tesla to deliver humanoid workers

China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.

NEW YORK, NEW YORK - AUGUST 06: Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Stocks opened up slightly up in the three major indexes a day after the Dow Jones and the S & P 500 had their worst day of trading since 2022, amid a global market sell-off centered around fears of a U.S. recession. (Photo by Michael M. Santiago/Getty Images)

Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day

Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.

NEW YORK, NEW YORK - AUGUST 05: Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. The Dow fell over 1000 points in morning trading as global stocks plunged following fears of a recession in the American and Japanese economies. (Photo by Spencer Platt/Getty Images)

Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off

Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Exclusive: Fed may tweak rule that could save biggest US banks billions

At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger

Big US banks expected to be cautious on shareholder payouts

Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Wall Street retreats with data, Fed comments in focus

Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.