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The Latest Breaking News from Goldman Sachs

Commercial real estate troubles are so pronounced that Goldman Sachs’ CEO says even a soft landing won’t prevent pain

"Commercial real estate has come under pressure" says Goldman Sachs CEO David Solomon.

Fortune · Jun 13, 2023

Goldman Sachs CEO sees ‘bumps and pain’ for real estate

A recession is unlikely to hit the U.S. before the end of the year, David Solomon predicted.

Fortune · Jun 13, 2023

Madhive Draws $300 Million Investment From Goldman Sachs

Spencer Potts to become CEO, succeeding co-founder Adam Helfgott, who shifts to chairman

Broadcasting & Cable · Jun 13, 2023

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

The 4-day workweek will finally arrive thanks to A.I., Jefferies says—You’ll just need a ‘human day’ to cope with digital overload

The bank thinks A.I. could prompt a revolution in the workplace—and may spell the end of the remote work era.

Fortune · Jun 13, 2023

98% of people have a below-market mortgage rate—that's keeping housing inventory tight

“I don’t know if stuck is the right word, but a 2.62% interest rate is hard to give up right now.”

Fortune · Jun 12, 2023

Crude Prices Fall Sharply after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) on Monday closed down -3.05 (-4.35%), and July RBOB gasoline (RBN23 ) closed down -11.06 (-4.27%). Crude oil and gasoline prices Monday sold off sharply, with crude falling to a 6-week low and gasoline sliding to a 1-week low. A stronger dollar Monday weighed...

Barchart · Jun 12, 2023

Crude Prices Tumble after Goldman Sachs Cuts its Crude Price Forecast Again

July WTI crude oil (CLN23 ) this morning is down -2.25 (-3.21%), and July RBOB gasoline (RBN23 ) is down -9.07 (-3.50%). July Nymex natural gas (NGN23 ) is down -0.021 (-0.93%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 6-week low and...

Barchart · Jun 12, 2023

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Blanchardstown shopping centre put up for sale with €725 million price tag

The sale comes months after a €450 million apartment development was approved for a site beside the centre

Dublin Live · Jun 8, 2023

The jobs most and least at risk of being replaced by AI

Rishi Sunak has put AI at the top of his agenda when he meets with President Biden later this week.

The Week · Jun 7, 2023

I quit my "cushy job" to launch a liquor company and sold it for millions

Carter Reum gave Fortune a detailed breakdown of his career, including what he learned on his journey toward success.

Fortune · Jun 6, 2023

How AI could help solve Australia's 'productivity problem' without leaving workers worse off

With productivity falling in Australia and AI developments advancing, could the technology be the answer to boosting output, or will it cause more job losses?

ABC News · Jun 4, 2023

Uh oh! Apple Savings account complaints are piling up — why some people are pissed

Reports about unusual delays in transferring money out of Apple's new Savings account are piling up.

Laptop · Jun 2, 2023

South Africa's role as host of the BRICS summit is fraught with dangers. A guide to who is in the group, and why it exists

South Africa will host the BRICS summit in August 2023. The event could offer the country an opportunity to exercise leadership in the BRICS’ efforts to reform the arrangements for global economic governance and in supporting sustainable and inclusive development in Africa and the Global South. However, the opportunity has…

The Conversation · Jun 2, 2023

Apple’s new Goldman Sachs savings accounts excited savers with high interest rates

Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.

Fortune · Jun 2, 2023

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The Guardian - UK · May 31, 2023

China’s 11.6m graduates face a jobs market with no jobs

With youth unemployment at a record high, the problem of overeducated young people is acute

Axios · May 31, 2023

Business behemoths ramp up China diplomacy

Dimon and Musk's individual pilgrimages east reflect the realpolitik that's always driven Western financial considerations.

The Guardian - UK · May 26, 2023

Partygate: Nadine Dorries suggests Boris Johnson Chequers records might have wrong names and dates – as it happened

Former culture secretary says prime ministerial diaries ‘are frequently wrong’

RideApart · May 25, 2023

Is Ola Electric Planning To Go Public By The End Of 2023?

Indian electric two-wheeler manufacturer Ola Electric is riding a wave of popularity in India, and is reportedly in the midst of planning an IPO soon.

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Evening Standard · May 25, 2023

Goldman Sachs £170m equal pay settlement could open the door to a wave of UK claims

City Voices: Action in the Employment Tribunal against banks in the UK is now possible

The New Daily · May 24, 2023

Alan Kohler: Productivity has collapsed because workers have lost hope

Between March and December last year, Australian productivity – GDP per hours worked – actually declined 4.1 per cent.

TV Tech · May 24, 2023

Report: Avid Sale Rumored

Company is working with Goldman Sachs according to Reuters

Fortune · May 24, 2023

Future of Finance: Goldman's McDermott on how blockchain tech will produce ‘a profoundly different financial system’

Goldman CEOs have long said it’s not a bank, it’s a tech company. The head of digital assets explains why this has never been more true.

Fortune · May 23, 2023

Bill Gates says the winner of the A.I. race will be whoever creates a personal assistant

Gates also said search engines will lose their relevance once consumers can access A.I. personal agents en masse.

Barchart · May 23, 2023

Stock Index Futures Move Lower as U.S. Debt Ceiling Uncertainty Weighs on Sentiment, PMI Data in Focus

June S&P 500 futures (ESM23) are down -0.14%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.02% this morning as the U.S. debt ceiling impasse kept risk sentiment fragile, while market participants awaited U.S. business activity data.

Barchart · May 23, 2023

Stock Index Futures Mixed as U.S. Debt Ceiling Uncertainty Weighs on Sentiment, PMI Data in Focus

June S&P 500 futures (ESM23) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.02% this morning as the U.S. debt ceiling impasse kept risk sentiment fragile, while market participants awaited U.S. business activity data.

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