Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties.

In a recent interview, Goldman Sachs CEO David Solomon said that he does not see Bitcoin as a threat to the supremacy of the US dollar. Sitting in an interview with CNBC yesterday while attending the World Economic Forum in Davos,

Explore the shifting dynamics at Davos 2024 as corporate America pivots from DEI and ESG under Trump’s influence.

Trump on oil, Russia, and the Fed. The markets: All-time high! Analyst notes from Goldman Sachs and Wedbush. Plus: All the news and watercooler chat from Fortune. Good morning from Davos, on the final day of the World Economic Forum.

Davos is supposed to be a bright spot for corporate Europe. While the world’s economic engines lie elsewhere — primarily in the US and corners of Asia — the conference has been the one time a year the continent can reliably convene power-wielders from all over.

Also on Wednesday, Madbouly met with Swedish Prime Minister Ulf Kristersson, who thanked Egypt, under President Al-Sisi's leadership, for its efforts in achieving a ceasefire in the Gaza Strip. Kristersson expressed hope for continued implementation of the ceasefire agreement, humanitarian aid delivery, and regional stability.

What to expect from Davos 2025 The World Economic Forum is back in Davos. This is what to look out for this week

JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Sectio

Trump’s election victory, and Europe’s loss of confidence, is propelling other regions into the green spotlight. Davos delegates agreed that China is now a key driver — if not the leading proponent — for green tech. This is for commercial reasons if nothing else (it dominates sectors such as solar panel and electric vehicle manufacturing).

But even as the tide sharply turns against DEI, not everyone is abandoning ship. Many major companies have made public commitments to diversity and inclusion. These are some of organizations that have made public statements in one form or another about their commitment to DEI.

The decision reflects a cautious stance as the Fed assesses the direction of inflation and policies President Trump may implement.

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.