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Category goldman sachs

Consumer spending keeps results alive but doesn’t excite traders

Consumer spending keeps results alive but doesn’t excite traders

The second-quarter earnings season is in full swing, and companies across industries are reporting numbers that, on paper, should be rallying the m...
Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year

Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year

David Mericle, chief US economist at Goldman Sachs, says that President Trump’s tariffs are unlikely to result in a lengthy period of inflation. In...
Samsung’s Jay Y. Lee cleared in 2015 merger case

Samsung’s Jay Y. Lee cleared in 2015 merger case

South Korea’s Supreme Court acquitted Samsung Electronics Chairman Jay Y. Lee in long‑standing fraud case tied to a 2015 $8 billion merger.
Hedge Funds Are Dumping Bank Stocks and Piling Into One Sector, Says Goldman Sachs: Report

Hedge Funds Are Dumping Bank Stocks and Piling Into One Sector, Says Goldman Sachs: Report

Wall Street titan Goldman Sachs says hedge funds are cutting back investments in bank stocks. Citing data from Goldman Sachs prime brokerage desk, ...
Wells Fargo, Goldman Sachs and Morgan Stanley Paying $120,000,000 To Settle Lawsuit Tied to Investment Firm’s Collapse: Report

Wells Fargo, Goldman Sachs and Morgan Stanley Paying $120,000,000 To Settle Lawsuit Tied to Investment Firm’s Collapse: Report

Three top US banks will hand over more than $100 million to settle a lawsuit related to the collapse of a multi-billion-dollar investment firm. Mor...