Oil may rise to $86 per barrel due to 'solid summer demand': Goldman Sachs
Oil prices may rise to $86 a barrel in the next few months due to "solid summer demand" and consumer spending remaining strong, according to a new forecast by analysts at Goldman Sachs.
Small business owners reveal top issue they want 2024 presidential candidates to address
Small business owners in the U.S. say they have not heard enough from presidential candidates about what they will do to address the challenges facing small businesses.
US unemployment would be higher if illegal immigration were counted correctly: Goldman Sachs
The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists.
Conservative group takes aim at Wall Street in report claiming big banks have undercut firearms industry
The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.
Goldman Sachs CEO warns inflation may prove 'stickier' than expected
Goldman Sachs CEO David Solomon said Friday in his annual letter to shareholders that inflation may prove to be "stickier" than previously anticipated.
Digital asset markets poised to grow in 2024, Goldman Sachs exec says
The head of digital assets for Goldman Sachs says the marketplace is expected to grow next year as businesses become more familiar with the technology's applications.
Apple Pulls Plug on Goldman Credit-Card Partnership
Apple is ending its credit-card partnership with Goldman Sachs, marking the final blow to the Wall Street bank’s bid to expand into consumer lending.
Goldman moves to unload GM credit card
The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
Goldman Sachs CEO: Doesn’t see 1970-80s interest rates
Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?
Goldman Sachs CEO warns the Fed's rate hike campaign will serve 'shock to the system'
Goldman Sachs CEO David Solomon warns of additional rate hikes from the Federal Reserve as the central bank sits in a "wait-and-see mode" on "sticky" inflation.
Goldman Sachs CEO gives up high-profile DJ gigs
Goldman Sachs chief executive David Solomon has stopped DJing at high-profile events because of the attention the gigs grab, the company has confirmed.
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share.
AI to transform business workflows and productivity, Goldman Sachs CIO says
Goldman Sachs CIO Marco Argenti told FOX Business that companies are already expecting real gains and results from AI in terms of boosting productivity and transforming workflows.
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs strategists said in an analyst note this week that they no longer think home prices will tumble this year, and will instead increase by 1.8%.
Goldman Sachs CEO enrages students after allegedly calling fossil fuel divestment movement 'stupid'
Three students from Goldman Sachs CEO David Solomon's alma mater, Hamilton College, accused the executive of referring to the fossil fuel divestment movement as "stupid."
Apple's high-yield savings accounts brought in over $10 billion worth of deposits
Apple revealed Wednesday that the total number of deposits that the high-yield savings accounts, which it offers with Goldman Sachs, have brought in was more than $10 billion.
Goldman Sachs trims US recession odds next year to 20%
Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 20%, citing better-than-expected economic data.
Apple hits $3T in market cap, but changes could be coming to its credit card: report
Apple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.
Goldman Sachs slaps Tesla with another downgrade
Despite a recent winning streak spanning 13 consecutive days and a $240 billion boost to valuation, Goldman Sachs slapped Tesla with its fourth share downgrade of the month.
Fed, SEC probing Goldman Sachs’ role in SVB’s final days
Officials are seeking documents related to Goldman Sachs' role as both buyer of SVB’s securities portfolio and adviser on the company’s capital raise.