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Real GDP grew at a 3.4% annualized rate in the third quarter of 2026, lifted by consumer spending and AI-related investment, while…
Goldman Sachs launched a Small Business AI Institute with a $500 million commitment and partners OpenAI, Anthropic, Google and Meta. CEO David Solomon said very little of what we do needs frontier models, and that the return can come from productivity.
American Express plans to cut about 3,500 jobs, roughly 5% of staff, and take a $336 million charge so it can slim layers before automating internal work. The plan came with a profit beat and a higher full-year earnings outlook.
