ONE BIG THINGExclusive: Goldman CEO David Solomon on how his dad taught him to think
David Solomon’s father never told him what to do. When he was running down the road to turn left, his dad had a way of making him stop and think about why left was better than right—not by arguing for right, but by forcing his son to genuinely consider it first.
Forty-some years later, Solomon is running Goldman Sachs, and this is the story he’s telling Goldman’s 2026 intern class on how to approach everything from career decisions to AI. Solomon shared the habit—along with a candid assessment of where AI helps and where it doesn’t—during a recent town hall with the firm’s summer intern class, according to remarks shared exclusively with Fortune’s Nick Lichtenberg.
THE MARKETSIncoming jobs number may shift the Fed in September
We’ll get a new U.S. jobs number today (“nonfarm payrolls” in the official lingo). The consensus estimate is for 80,000 new jobs. Unemployment is currently 4.2%. A "beat" on the jobs number will be closely watched, as the potential inflationary effect might push the Fed to change policy.
