Tag Archives: Goldman

When President Trump announced his tariff agenda, he said it would be foreign companies and consumers that would “eat” the price hikes. That’s a take that may be proved optimistic at best and misguided at worst. While tariffs have yet to significantly shift the dial on inflation—prompting individuals like Treasury Secretary Scott Bessent to label them the “dog that didn’t …

US Consumers to Bear Brunt of Tariff Hit, Goldman Economists Say  Bloomberg.com Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best  Fortune Will US inflation numbers withstand pressure from Trump?  Financial Times Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising  Business Insider Everyday Economics: CPI takes …

Artificial intelligence is reshaping the US job market — and young tech workers are feeling the brunt of it. “It is true that AI is starting to show up more clearly in the data,” wrote Jan Hatzius, Goldman Sachs’ chief economist, in a Monday note. Goldman’s analysis shows that the tech sector’s share of the US employment market peaked in …

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist. Most …

Goldman Told Clients to Go Long Copper a Day Before Price Plunge  Bloomberg ADJUSTING IMPORTS OF COPPER INTO THE UNITED STATES  The White House (.gov) Trump issues blitz of tariff announcements on copper, Brazil, South Korea, small-value imports  Reuters Trump Targets Copper With Tariffs, Though Not as Aggressively as Expected  The New York Times Copper Just Endured Its Worst Day Ever. It May Have …

JPMorgan Chase, already the largest credit card issuer in the U.S., is nearing a deal to take over the Apple Card portfolio from Goldman Sachs, people familiar with the matter told CNBC. The banks declined to comment to CNBC. Apple did not immediately respond to CNBC’s request for comment. Negotiations between JPMorgan and Apple have progressed as earlier contenders for …

Goldman and BNY Team Up to Tokenize Money-Market Funds  The Wall Street Journal Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens  CNBC Alexander Hamilton’s bank, Goldman Sachs embrace digital tokens to trade money markets 24/7  Yahoo Finance BNY, Goldman Sachs partner to tokenize money market funds  ledgerinsights.com Goldman, BNY team up to launch tokens tied to …

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized money market funds, CNBC has …

BNSF hires Goldman, CSX seeks bankers as Union Pacific sparks rail M&A race, sources say  Reuters Warren Buffett knocks down reports that Berkshire’s BNSF taps Goldman for a railroad takeover  CNBC Buy these stocks as railroad-merger talk heats up, analyst says  MarketWatch Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says  AP News Report: Goldman Sachs advising BNSF on potential …

Citi Joins Goldman in Asking Junior Bankers to Reveal If They Accepted Other Jobs  Bloomberg.comView Full Coverage on Google News Source link