Browsing: Goldman Sachs

NEW YORK: U.S. stocks finished lower on Friday, Feb. 27, as a broad selloff in financial shares weighed on major indexes and…

MENA Newswire, TEXAS: Oracle has announced plans to raise $45 billion to $50 billion in gross proceeds during calendar year 2026 to expand…

MENA Newswire, NEW YORK: The six largest U.S. banks trimmed their combined workforce by about 10,600 positions in 2025, the biggest annual net reduction…

MENA Newswire, NEW YORK: U.S. stocks rebounded Thursday as a renewed rally in semiconductor shares helped lift major indexes, while smaller companies continued…

Goldman Sachs and US Treasury predict stablecoin reserves could hit $3.7T by 2030 as Circle and Tether grow US Treasury holdings rapidly.

Gold surged to a record $3,534 as US tariffs, labor weakness, and geopolitical risks pushed investors to seek safe-haven assets amid growing economic concerns.

Generative AI is reshaping the labor market, with young tech workers facing a 3% unemployment rise as companies slow hiring amid automation gains.

US inflation data for June is expected to show how President Trump’s tariffs are beginning to influence consumer prices across key goods categories.

Moody’s warns the U.S. housing market faces worsening risks as mortgage rates stall growth and rising inventory fails to draw buyers.

China’s manufacturing sector faces renewed contraction, as PMI data underscores weak domestic demand, global trade risks, and calls for stronger stimulus in 2025.