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The Latest Breaking News from Goldman Sachs

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

The Guardian - UK

OPEC+ Meeting: No Crude Production Change Seen Even As Oil Prices Fall

OPEC+ meets this weekend with oil prices sagging lower. Meanwhile, energy stocks dropped early Wednesday, with CVX and XOM both slumping.

Investors Business Daily

Business behemoths ramp up China diplomacy

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

Axios

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

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’

The Guardian - UK

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.

RideApart

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

Evening Standard

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.

The New Daily

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Report: Avid Sale Rumored

Company is working with Goldman Sachs according to Reuters

TV Tech

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

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.

Fortune

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

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.

Barchart

Crude Settles Higher on Expectations for Stronger U.S Fuel Demand Memorial Day Weekend

June WTI crude oil (CLM23 ) on Monday closed up +0.44 (+0.61%), and June RBOB gasoline (RBM23 ) closed up +7.28 (+2.83%). Crude oil and gasoline prices Moday settled moderately higher, with gasoline climbing to a 3-1/2 week high. The outlook for stronger U.S. fuel demand this Memorial holiday weekend...

Barchart

Crude Gains on the Outlook for Stronger U.S Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +0.45 (+0.63%), and June RBOB gasoline (RBM23 ) is up +4.58 (+1.78%). June Nymex natural gas (NGM23 ) is down -0.194 (-7.50%). Crude oil and gasoline prices this morning are moderately higher on the outlook for stronger U.S. fuel demand...

Barchart

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Fortune

Goldman Sachs estimates Janet Yellen has two more weeks before running out of cash

The U.S. government's cash reserves are dwindling, and soon the Treasury will have to flood the market with over half a trillion dollars in new IOUs.

The Guardian - US

A US debt default could crush small businesses. So what can we do?

It sounds obvious, but it’s a fact that my very best small-business clients are always thinking ahead

Fortune

Apple, Goldman Sachs, Samsung, and 10 others clamp down on ChatGPT at work

While ChatGPT can boost productivity, employers like Apple, Goldman Sachs, and Bank of America worry about privacy risks if employees use the chatbot at work.

Fortune

The A.I. boom will boost corporate profits 30% or more over the next decade, according to a Goldman Sachs senior strategist

A.I. tech is set to boost corporate profit margins, already near a record high, dramatically over the next decade, Goldman's Ben Snider said Thursday.

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news in one place.

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Fortune

Goldman Sachs partner reveals the 19 skills you need to be 'uber successful'

Brian Robinson also explained how he manages his priorities and established a work-life balance.

Zenger

Apple’s High-Yield Savings Account Created In Partnership With Goldman Sachs

Apple's new high-yield saving account comes at a right time when inflation is at the highest hurting households.

Barchart

Markets Today: Stocks Slip Ahead of U.S. Debt Ceiling Talks

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.21%. U.S. stock index futures this morning are moderately lower as the markets await any new developments on the debt ceiling stalemate. President Biden will meet...

Wales Online

Workers are divided over whether AI will threaten jobs - or help them become the boss

A recent report from Goldman Sachs revealed that AI could replace the equivalent of 300 million jobs globally - leaving a quarter of full-time workers concerned

Laptop

I’m an Android fan, but moved my money into an Apple Savings account — why I regret it

If you don’t have an Apple Card, don’t bother getting an Apple Savings account. The process is long, painful and arduous.

Barchart

Markets Today: Stocks Lower as U.S. PPI Eases but Regional Bank Stocks Fall

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.49%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.94%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.1%. U.S. stock indexes this morning are lower. U.S. weekly...

Barchart

Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more...

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