Tag Archives: Sachs

Goldman Sachs COO Waldron sells about $13.6 million in stock  ReutersView Full Coverage on Google News Source link

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand, according to the Financial Times. “Bessent has signalled to Wall Street that he expects stablecoins, digital tokens that are backed by high-quality securities such as Treasuries, to become an important source of demand for …

Goldman Sachs is refusing to back away from its analysis that Americans—not foreign exporters or overseas governments—are bearing the majority of costs from President Donald Trump’s sweeping tariffs. The Wall Street giant doubled down this week on chief economist Jan Hatzius’s research as inflation data showed a jump in consumer prices and the political backlash from the White House intensified. …

Aug. 13 (UPI) — President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that consumers would pay the brunt of the cost for tariffs. Trump wrote in a Truth Social post on Tuesday that Solomon and Goldman Sachs “refuse to give credit where credit is due” as he sought to minimize …

Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after Goldman’s chief economist warned that …

Facebook Tweet Email Link Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist. “Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH …

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 …

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 …

Anne Hathaway was seen filming The Devil Wears Prada 2 in New York City. Dressed in costume, she wore an elevated version of a white tee, statement accessories, and divisive barrel-leg jeans.  Shop similar versions of her versatile bottoms—which are also a petite-fashion staple—from Pistola, Madewell, and Gap.  While we don’t know every single detail about The Devil Wears Prada …

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 …