Economy

Apr 28 Goldman Sachs was simultaneously selling mortgage backed securities to clients as safe investments while internally betting those same products would fail. Here is the documented proof.

Apr 28 ‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers

Apr 28 American economic confidence is now below April 2020 levels: The Gallup Economic Confidence Index declined -11 points in April, to -38, the lowest reading since November 2023. This is now below the pandemic low of -33 points seen in April 2020.

Apr 28 So Nobody Is Going to Pay Taxes Now?