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<div style="width:100%;margin-bottom:31px;font:12px/12px georgia,serif">
May 23, 2026
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Good morning. Andrew here.
</span>
<span>
A reversal of fortune is taking place on Wall Street: Banks, which long ago lost their luster to the fast-tracked world of private equity, are having a renaissance. Rob Copeland goes deep on the trend this morning. Plus, DealBook’s Sarah Kessler discusses job losses in an A.I. world with an expert who predicted this shift years ago. Finally, make sure to take our weekly quiz. (Was this newsletter forwarded to you?
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Sign up here.
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)
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<img alt="An illustration shows business people in colorful suits exulting, popping a champagne bottle and reeling off dollar bills while standing atop other people who look glum, with one wearing a vest labeled PE, for private equity. " class="css-1b7vfn3" height="500" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2026%252F05%252F20%252Fbusiness%252F00banksontop-sub%252F00banksontop-sub-jumbo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3Nzk1Mzc2OTkuNjUzMTA1M30:1wQl2x:-y2zMFCoJEGbmqy8Q0EE3Z6dnSWq7JERRpgSWyG0-EY" style="display:inline-block;width:83%;max-width:500px;height:auto;padding-top:10px;padding-bottom:5px" width="500"/>
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Paul Windle
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<h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
<span>
Bankers are back on top
</span>
</h2>
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<p style="font:13px/18px arial,sans-serif;letter-spacing:.2px;color:#000;font:600 13px/18px arial,sans-serif;margin-bottom:3px">
By
<a class="css-nanfcg" style="-webkit-text-decoration:underline;text-decoration:underline;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc;color:inherit">
Rob Copeland
</a>
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</tbody>
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<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
It is a golden moment for banks.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Trading profits are at record highs, and so are employee bonuses. Mergers, acquisitions and other deals are piling up at the second-fastest pace in at least a decade, producing billions of dollars in fees. And after they operated for nearly two decades in what one banker described as a regulatory “straitjacket,” the Trump administration is making it easier for banks to expand and take more risks.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
“The stars are aligning for banks in a way that hasn’t been seen in multiple decades,” Citi analysts wrote in a research note this month.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
The good times for banks represent a flip of fortunes. Since the 2008 financial crisis, Wall Street’s biggest paydays have been earned by private equity and private credit firms, making often high-risk investments with the promise of high returns.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Lately, many of those private equity firms have struggled to raise money as the industry has delivered
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
lackluster investment returns
</a>
<span>
. At the recent Milken Institute Global Conference in Los Angeles, a confab popular with the private equity set, the chief executive of one giant investment firm compared the vibe, with some hyperbole, to the final days of Sodom and Gomorrah.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
It’s also a tenuous time for many international businesses, with airlines going
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
bankrupt
</a>
<span>
, global ship traffic
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
choked
</a>
<span>
, inflation on the rise and
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
artificial intelligence
</a>
<span>
roiling industries.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Many banks, by contrast, have followed the trajectory of Citizens Bank, a once sleepy Providence, R.I., institution that has been expanding rapidly, and seen its share price rise by more than 50 percent over the past year.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
“I feel great,” said Bruce Van Saun, Citizens Bank’s chairman and chief executive.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Citizens has been acquiring smaller specialist firms that are helping it to capitalize on a Trump-encouraged boom in corporate deal making, hiring up swaths of financial advisers that cater to the global well-to-do and opening up branches in wealthy neighborhoods.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Banks are insulated from many current macroeconomic pressures, increasingly catering to richer customers, whose wealth is largely tied up in a stock market that keeps hitting records despite the fighting in the Middle East.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
In fact, the swings in oil prices and volatility in other markets caused by the war are benefiting the banks’ trading volumes, which brings in more fees. In the first quarter alone, nearly $50 billion in trading revenue flowed to the six biggest banks in America, including JPMorgan Chase and Citi, a record high.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
“It’s interesting to see,” Matthieu Wiltz, co-chief executive officer for JPMorgan in Europe, Middle East and Africa, recently told Bloomberg Television, “that, for I think the first time, we have such a big conflict with limited impact on the market.”
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Last week, JPMorgan announced that balances in its “prime brokerage,” which executes trades for wealthy clients, were at an all-time high.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Deals are also making a comeback after several sluggish years during the Biden administration, when mergers and acquisitions came under intense antitrust scrutiny. Big-money corporate deals are booming, as the Trump administration waves through company tie-ups and, increasingly, encourages them directly.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
And after a yearslong fallow stretch for initial public offerings — the business of listing privately held companies on stock exchanges — banks are salivating at the prospect of billions of dollars in commissions from offering shares in private companies including SpaceX and the A.I. giants Anthropic and OpenAI.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
The good times are encouraging the newest generation of bankers. In past years, said Mr. Van Saun, the Citizens chief executive, new college graduates would join banks and almost immediately begin applying for jobs elsewhere — a pattern that became known as “two and out,” a reference to the mass resignations by junior bankers after two years. Often, those young bankers were taking jobs at hedge funds, at technology firms, in venture capital or in pretty much any other career more exciting or remunerative.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
But now many young bankers are taking a look at what Mr. Van Saun calls “the travails” outside banking and increasingly staying put.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Banker pay is rising, too. Alan Johnson, founder of a namesake Wall Street pay consultancy, projects that investment bank employee bonuses this year will be 10 to 20 percent higher than in 2025, when
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
New York’s finance set
</a>
<span>
pulled in $49.2 billion in collective bonuses, with securities industry employees earning an extra $246,900 on average.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Mr. Johnson contrasted the imminent banker windfall with private equity pay, which he compared in many instances to “a lottery ticket that won’t be worth anything.”
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
“It is the year of the bank,” he said.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Although bankers are ebullient, that could change again.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
One generator of the banks’ record profits are layoffs and attrition brought on by
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
increasing uses of A.I.
</a>
<span>
Last week, the president of Goldman Sachs predicted in a television interview that he would replace his firm’s “human assembly line” with digital agents.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
And much of the wind behind the banking industry can be traced to ever-fickle Washington, where securities enforcers have dialed back scrutiny of everything from antitrust issues to crypto.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
The Fed, the main bank regulator, has proposed easing the annual “stress tests” that banks are required to undergo. It also suggested that a core safety backstop, known as capital requirements, be slashed by around 5 percent for the largest banks and more for smaller ones. Even that modest change could mean billions more in lending.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Bank executives say that would free them up to make more loans — to individuals through mortgages and credit cards, to other Wall Street firms in areas like
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
private credit
</a>
<span>
or to finance sweeping construction projects like A.I. data centers.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
But less regulatory scrutiny necessarily requires faith that the industry will police itself, noted Anat R. Admati, a professor at the Stanford Graduate School of Business who co-wrote a book warning of escalating problems in the banking system since the financial crisis.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
“I don’t think anyone has a clue how much risk is being taken,” she said.
</span>
</p>
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<tbody>
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<td height="30">
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<td style="padding:0;font-size:0;border-top:8px solid #000">
<h3 style="color:#000;font:700 17px/25px arial,sans-serif;margin:5px 0 30px 0;letter-spacing:.2px">
<span>
IN CASE YOU MISSED IT
</span>
</h3>
</td>
</tbody>
</table>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
A.I. job anxiety took center stage.
</span>
<span>
Meta
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
laid off 8,000 people
</a>
<span>
, or 10 percent of its work force, as part of a plan to remake itself for the A.I. era. The C.E.O. of Standard Chartered drew criticism for
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
saying
</a>
<span>
A.I. would replace “lower-value human capital.” Graduates
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
booed commencement speakers
</a>
<span>
who brought up A.I. And California Governor Gavin Newsom
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
directed officials
</a>
<span>
to study the idea of providing universal basic capital to workers displaced by A.I.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
The Elon Musk vs. Sam Altman rivalry moved to the I.P.O. market.
</span>
<span>
On Monday, a jury in Oakland, Calif.,
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
rejected
</a>
<span>
Musk’s $150 billion lawsuit against OpenAI and its C.E.O., Altman. On Wednesday, Musk’s company, SpaceX,
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
filed its much-anticipated
</a>
<span>
S-1 in advance of what could be a record I.P.O. in June. But OpenAI stole some of SpaceX’s thunder when
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
news broke
</a>
<span>
that the ChatGPT operator is targeting its own I.P.O. as soon as September.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
President Trump’s high-volume stock trading raised eyebrows.
</span>
<span>
Reporters asked questions
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
after a disclosure revealed
</a>
<span>
that Trump or his advisers had made more than 3,600 stock trades in the first quarter of 2026. Vice President JD Vance
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
defended
</a>
<span>
Trump’s heavy trading.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
More big deals:
</span>
<span>
Kevin Warsh was
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
officially sworn in
</a>
<span>
as chair of the Fed yesterday at the White House, and must now confront rising inflation. Tulsi Gabbard
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
resigned
</a>
<span>
as the U.S. director of national intelligence, citing the need to support her husband after a cancer diagnosis. The 30-year Treasury yield
</span>
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
hit its highest level
</a>
<span>
since just before the global financial crisis.
</span>
</p>
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<img alt="Two humanoid robots are pictured." class="css-18ei5jy" height="312" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2026%252F05%252F23%252Fmultimedia%252F23DB-Ford-twhp%252F23DB-Ford-twhp-jumbo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3Nzk1Mzc2OTkuNjUzNjE5M30:1wQl2x:sphxE-pLK7h3Xn77N4SYikrNpunhmK7WsGzum4OaetQ" style="display:inline-block;width:83%;max-width:500px;height:auto;padding-top:10px;padding-bottom:8px" width="500"/>
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<span class="css-14cus5q" style="display:inline-block;width:83%;max-width:500px;text-align:left">
<span style="color:#666;font:normal 14px georgia,serif">
Boston Dynamics Atlas robots are displayed in the Hyundai Motor Group booth during CES 2026.
</span>
<span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em">
Steve Marcus/Reuters
</span>
</span>
</td>
</tr>
</tbody>
</table>
<h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
<span>
Rise of the robots, again
</span>
</h2>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
When Meta laid off 8,000 employees this week and reassigned an additional 7,000, it prompted a new wave of concern about how much artificial intelligence could upend the labor market.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Martin Ford warned about this moment more than a decade ago, in his best-selling book “Rise of the Robots: Technology and the Threat of a Jobless Future.” Ford will rerelease the book next month with a new chapter on artificial intelligence. Sarah Kessler talked with him about what has — and hasn’t — changed since he first started documenting the effect of technology on jobs.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
What was the reception to the book like in 2015? Did people believe robots would be coming for their jobs?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Everyone was very interested in the topic and kind of fascinated with the idea that this might happen, but of course there wasn’t a level of concern that we have now.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
Has anything surprised you about how automation played out over the last 10 years?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Like almost everyone else, I was amazed the first time I saw ChatGPT.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
I honestly had a different vision of it. I thought A.I. systems would be built to do some very specific thing like automating legal work or automating financial analysis, but it has turned out that with the advent of these L.L.M.s, we really got a kind of general intelligence.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
I often hear the argument that A.I. will be like every other technological development that did not result in mass unemployment. How do you usually respond to that argument?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
It depends on your capabilities and the kind of work that you’re doing.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
These systems are going to get better and better and better. So it’s entirely possible that for some time they will complement workers. But then there’s going to become a tipping point where they’re going to start substituting for a great many more people.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
What do you think is the best argument that A.I. will not result in mass unemployment?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
There are a couple of ways that I could be wrong about this. One is that the technology never reaches the point where it can literally displace human workers, which is, I think, kind of a strange argument to make. All the evidence suggests that progress is going to be relentless.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
But if that happens, then there will be a slowdown, a plateau, but ultimately new ideas will come forth and progress will continue. That’s always the way it works.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
The other is that there’s an economic theory that says that human beings are in some sense indispensable to the production side of the economy. I just don’t believe that. But there are economists that seem to believe that, so maybe it is true.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
Gov. Gavin Newsom of California on Friday
</span>
<a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:underline;font-weight:700;font-family:arial,sans-serif;color:#000">
signed an executive order
</a>
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
to explore safeguards for workers as A.I. takes over more work. You’ve been a proponent of Universal Basic Income. Is there a specific funding mechanism that you have in mind? A robot tax?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
In general, labor is going to be devalued and all of the returns are going to go to capital, to ownership of machines, data centers. So we need to shift our taxation scheme away from what we do now, which is very heavily tax labor, and shift it more to capital.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
I don’t know that a specific robot tax is the best approach, because how do you define exactly what is a robot? It could be software, it can be hardware. So my suspicion is that it’s better to go with a broader tax just on more leverage on capital.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span style="font-weight:700;font-family:arial,sans-serif;color:#000">
What do you think the A.I. shift means for the economy overall?
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
We’ve got a lot of techno optimists in Silicon Valley making these, I think, kind of insane projections that advanced A.I. is going to make the economy grow at 20 or 30 percent.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
I believe for sure that A.I. has the potential to be positive in terms of scientific progress and breakthroughs. But if it really begins to have a big impact on jobs, that’s a very, very strong headwind.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
This idea that you’re going to have an economy growing at 20 percent while at the same time, lots of people are losing their jobs doesn’t make a lot of sense.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
You can’t have an economy if no one can buy anything.
</span>
</p>
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<span class="css-14cus5q" style="display:inline-block;width:83%;max-width:500px;text-align:left">
<span style="color:#666;font:normal 14px georgia,serif">
Sundar Pichai, Google’s C.E.O., spoke about changes to its search product at the company’s annual developers conference earlier this week.
</span>
<span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em">
Mike Kai Chen for The New York Times
</span>
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<span>
Quiz: Search box remix
</span>
</h2>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
Few artifacts of the internet have remained as consistent, for as long, as the Google Search Box. More or less the same shape since 2001, the box has maintained its basic functionality as a space to type in topics, and more recently, complex questions. But as with so many things, the advent of artificial intelligence has triggered a major redesign.
</span>
</p>
<p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
<span>
On Tuesday, Google announced all of these changes to the Search Box, except for one. Which did it not announce?
</span>
</p>
<div style="margin:0 auto;max-width:600px;width:100%">
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<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
A bigger box
</a>
</li>
<li style="margin:0 0 10px 0;line-height:27.5px">
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
“Information agents”
</a>
</li>
<li style="margin:0 0 10px 0;line-height:27.5px">
<a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
The end of the Google Doodle
</a>
</li>
</ul>
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4 months, 3 weeks ago - nytdirect@nytimes.com
DealBook: Bankers are back on top
Plus, how robots will impact the job market.View in browser|nytimes.comMay 23, 2026Good morning. ...