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The Latest Breaking News from Goldman Sachs

Miami Nights take the win at a thrilling Denver NCL Cup

The Nights turn the tables on Denver at the mile-high circuit

Cycling Weekly

Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms

On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?

Fortune

As Climate Crisis Worsens, Debate Heats Up Over Transition to Clean Energy and Bank ‘Greenwashing’

More banks targeted for financing fossil fuel activity, including via a ‘hidden pipeline.’

Capital & Main

From analysis to the latest developments in health,
read the most diverse news in one place.

To Adapt to Climate Change, California Pays the Banks That Are Part of the Problem

The Treasurer’s Office paid $73.2 million to banks that sell state climate bonds while still funding fossil fuels.

Capital & Main

What Economists Expect When Key Inflation Data Arrives Thursday: Market Looks For Clues On The Fed’s Next Move

The Thursday release of the Consumer Price Index (CPI) report will bring pivotal data for markets

Zenger

Cause of death revealed for Goldman Sachs banker found in Brooklyn creek after leaving nightclub

‘The coroner’s office has confirmed that he drowned,’ father says

The Independent UK

Scrap ‘petty and arbitrary’ fiscal rules and invest, top economist who advised Labour urges

Jim O’Neill says OBR should be given new powers to emphasise economic benefits of public investment

The Independent UK

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4 Oil Stocks to Add to Your Portfolio in August

Industry experts predict a rising trend in oil prices because of robust oil demand and supply limitations. Given that the potential price tailwinds could bolster the energy industry in the foreseeable future, oil stocks BP p.l.c. (BP), YPF Sociedad Anónima (YPF), Koninklijke Vopak N.V. (VOPKY), and Transportadora de Gas del…

StockNews.com

Goldman Sachs: AI Investment Could Outpace Historical Milestones, Boost GDP By 2.5-4%

Generative AI has enormous economic potential, global labor productivity could increase by over 1% annually

Zenger

Apple’s High-Yield Savings Account Surpasses $10B In Deposits

Apple Card's collaboration with Goldman Sachs proves successful as users flock to high-interest savings account.

Zenger

Apple Card Savings customers just saved $10 billion

Apple Card Savings accounts are already home to more than $10 billion in deposits and they only launched in April.

iMore

Chinese plans to limit smartphone use for children hit tech shares

Proposals would cut usage for 16- to 18-year-olds to a maximum of two hours, with under-16s limited to one hour

The Guardian - UK

Fitch just downgraded the U.S. credit rating — how much does it matter?

The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.

WEKU

The US government's debt has been downgraded. Here's what to know

Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that contributed to sharply lower stock prices in Wednesday trading

The Independent UK

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Fortune

‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way

The investment bank has been predicting a recession since the summer of 2022. A full year later, it’s having second thoughts.

Barchart

Is There a Bubble Forming in Unprofitable Tech Stocks?

Shares of unprofitable technology companies have rallied sharply this year amid rising optimism that the U.S. will avoid a recession and that the Federal Reserve will soon end its interest rate hiking campaign. A basket of unprofitable technology stocks tracked by Goldman Sachs has surged +43% since May, its best...

The Independent UK

Body of Goldman Sachs banker pulled from NYC creek after he vanished from concert

‘They have found his body and confirmed it’s him,’ John Castic’s father told Fox News Digital

Barchart

Trading Insights: 3 Calendar Spread Trade Ideas for This Tuesday

Calendar spreads are an option trade that involves selling a short-term option and buying a longer-term option with the same strike.

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news in one place.

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Fortune

Birkenstock's IPO could make it Wall Street's new darling

Birkenstock had a further boost this year thanks to blockbuster movie "Barbie," with actor Margot Robbie wearing a pair of the shoes in one scene.

Zenger

Goldman Sachs Turns Bullish On Chevron, Sets $187 Price Target

Goldman Sachs upgrades Chevron to Buy, sees increased capital returns and attractive valuation

Fortune

Meet the most powerful private equity investors from Blackstone, Vista Equity, and Apollo

Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest.

The Guardian - US

Filthy Rich Politicians review: Matt Lewis skewers both sides of the aisle

Donald Trump is not the only politico to talk about draining the swamp while eagerly drinking from it, a new book shows

Fortune

Billions in 9/11 aid has gone unclaimed. Now a new law will compel banks like JPMorgan and Goldman Sachs to alert survivors who worked near Ground Zero

The 9/11 Notice Act aims to do for the civilians what the unions did for the cops, firefighters, and construction crews.

iMore

Tim Cook got declined for an Apple Card — and that's not all in new Goldman Sachs nuggets

Apple and Goldman Sachs' partnership has been revealed to have been strained since it began, with plenty of faux pas.

WEKU

Could the U.S. still see a recession? A handy primer about the confusing economy

A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.

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Alexandria OcasioCortez

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