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The Latest Breaking News from Goldman Sachs

Goldman Sachs announces expansion plans in Hyderabad

Goldman Sachs announces expansion of its operations in Hyderabad, creating employment opportunities for thousands of professionals. Telangana Govt's pro-business environment and city's robust talent pool have enabled Goldman Sachs to open new eight-floor office with 2,000 professionals, increasing total employees to 3,000. Centre of excellence for consumer banking services, business…

The Hindu

A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom

Goldman’s vice president of U.S. equity strategy, Ryan Hammond, believes an A.I.-enabled productivity and cost-cutting boom will boost corporate earnings for years to come.

Fortune

Goldman Sachs enters Subway bidding war

Roark Capital Group, the favorite to acquire the chain, already controls Buffalo Wild Wings, Arby's and Dunkin'

Salon

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California banks can't quit fossil fuels

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

Salon

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

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Goldman says India midcaps getting popular with foreigners again

NEW DELHI: India’s midcap stocks are again growing in popularity among overseas investors after five years of decline, according to Goldman Sachs Group Inc.

The Times of India

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

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

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

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Fortune

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.

Cycling Weekly

Miami Nights take the win at a thrilling Denver NCL Cup

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

Fortune

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?

Capital & Main

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.’

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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

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.

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People

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