Goldman Sachs is in talks with potential investors about participating in Nvidia's $500 billion ​AI financing initiative, after leveraging its long-standing relationship with the chipmaker to secure a coveted role in the deal, people familiar with ‌the matter said. U.S. insurers, money managers and banks are expected to form the core investor base for the financing, one of the people said, while asset managers plan to retain a sizable share of the financing, a second source

U.S. retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting that consumer spending was slowing down and prompting economists to slash their economic growth estimates for ​the third quarter. The unexpected decline in retail sales reported by the Commerce Department on Friday was also payback after Amazon pulled forward its Prime Day event to June from July, with other retailers offering ‌competing promotions. A retreat

More than 2,000 people were evacuated from their ​homes in western Germany on Friday, after a wildfire near the Belgian ‌border spread towards a village, local authorities said. Residents were asked to leave their residences in the village of Gey at around 4:00 a.m. (0200 GMT) and go to an assistance centre set up at a primary school ​in a nearby village, the authorities said in a statement. Learn More