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The Latest Breaking News from Goldman Sachs

What's wrong with a love story between a Black progressive woman and a white conservative man?

Must we accommodate political differences in our closest relationships? Or should politics and doing what’s right trump love and happiness?

The Conversation

Apple Card scoops customer satisfaction award for third year running

Apple Card has the highest customer satisfaction rating of all co-brand credit cards with no annual fee for the third year running.

iMore

Goldman Sachs sale of Greensky heads to finish

Second round bids for GreenSky were due earlier this month, according to four banking and private equity sources

Fortune

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

China’s Central Bank Takes Surprising Step As Economy Falters

The rates for the People's Bank of China's one-year medium-term loan facility were unexpectedly cut by 15 basis points to 2.5%.

Zenger

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

Jim O’Neill coined the term BRIC when he worked at Goldman Sachs in 2001, and he’s blasting the idea of a BRICS currency. “It’s embarrassing almost.”

Fortune

What Is AI Investing?

Curious about the AI investing boom? Let's take a look at what exactly AI is and how you can invest in a potential trillion-dollar megatrend.

Kiplinger

Goldman Sachs CEO’s Unyielding Approach: A Recipe For Success Or A Path To Dissent?

Goldman Sachs Group Inc (NYSE: GS) Chief Executive Officer David Solomon has navigated a path filled with both triumphs and tribulations

Zenger

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Strength in Chip Stocks Lifts the Overall Market

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. Stocks on Monday settled mixed. The strength in chip...

Barchart

Arista Networks: Why It Expects To See AI Revenue Upside By 2025

Arista Networks is the IBD Stock Of The Day. Analysts expect artificial intelligence-related revenue to kick in by 2025.

Investors Business Daily

Stocks Push Higher as Chip Stocks Lead Gains in Tech

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks this morning are moderately higher. Strength in Nvidia...

Barchart

Goldman Sach's last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock

The billionaire Lloyd Blankfein even reportedly offered to come back to the company.

Fortune

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

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Investors Business Daily

Temu Shopping App Gets Wall Street's Attention; Will Amazon Prime Members Stay Loyal?

Shopping app Temu is taking off in the U.S., a development being monitored by analysts that follow Amazon.com.

Capital & Main

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.

Zenger

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

The Independent UK

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

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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

StockNews.com

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…

Zenger

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.

iMore

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.

The Guardian - UK

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

WEKU

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.

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