A wealth manager at Goldman Sachs has accused the bank and a senior partner there of racial discrimination directed against her because she's black and Jewish, and has filed a lawsuit against the company because of it. [ more › ]
Since when do underlings get to chime in on who their next boss should be? That’s just what William Dudley, president of the Federal Reserve Bank of New York, did in an interview with the Associated Press this week. His fairly strong...Show More Summary
Former Goldman Sachs President and current National Economic Council chair - who is also Jewish - is said to be "disgusted" and "deeply upset" by President Trump's comments on white nationalists according to The New York Times. Axios...Show More Summary
Gary Cohn, President Donald Trump's top economic adviser and former Goldman Sachs COO, is reportedly incredibly upset over Trump's press conference Tuesday in which he defended his original statement regarding the weekend violence in...Show More Summary
Goldman Sachs has hired a top Silicon Valley executive to help attract tech talent. Wall Street firms are digitizing their offerings and are competing with tech giants for engineering talent. Goldman Sachs is bringing on a Silicon Valley-insider...Show More Summary
GoPro managed to fix liquidity issues to Goldman Sachs's surprise, Goldman's Doug Clark concedes today. But he sees the same major risks to the company, including a saturated market, rising competition, and a lack of diversification in its product line.
Five months after placing GoPro on its "Americas Sell list," Goldman Sachs is taking note of positive results from the action camera company and has upgraded its stock to neutral with a $10 price target. GoPro’s stock has risen moreShow More Summary
A Goldman Sachs analyst estimates that U.S. production will rise by 405,000 barrels per day this year if rig counts remain at Aug. 11 levels.
Bitcoin is experiencing a monster rally. It has gained more than 15% since Friday's close, topping $4,000, $4,100, and $4,200 for the first time before putting in a high of $4,216 a coin on Monday morning. But that's only part of bitcoin's recent success. Show More Summary
See Also: Source says Sean Spicer wants to go on SNL White House national security aide takes a shot at Tillerson: The idea that he 'is going to discuss military matters is simply nonsensical' How Goldman Sachs legend Dina Powell became Trump's national security star Related: White House families Read more... Permalink | Email this | Linking Blogs | Comments
Even Goldman has to admit that this is a fucking disaster.
FEATURE: (Reuters) — Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of hundreds of newer, smaller digital rivals in its wake. Now some investors fear a […]
Goldman Sachs' Technical Analysis Team is concerned as signals from the equity (S&P), volatility (VIX), and credit (CDX IG) markets are suggesting this is more than a brief dip to buy. S&P The index has finally seen follow-through since the bearish key day reversal high on Tuesday. Show More Summary
Dina Powell was born Dina Habib in Cairo, Egypt in 1973. When Powell was four, her Coptic Christian parents moved the family to Dallas, Texas, where her father worked as a bus driver and both parents ran a convenience store, while their...Show More Summary
``U.S. equities fell on Thursday as tensions between the United States and North Korea persisted. The Dow Jones industrial average fell about 150 points with Goldman Sachs contributing the most losses... Traditional safe havens have seen solid inflows as tensions have increased. Show More Summary
LONDON (Reuters) - Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.
LONDON – Goldman Sachs is telling clients that the cryptocurrency space is "worth watching" after a flurry of activity in the space in 2017. Analyst Robert D. Boroujerdi and his team say in a note sent to portfolio managers on Tuesday:...Show More Summary
A few brief excerpts from some analysis by Goldman Sachs economists: The Treasury projects that the debt limit will need to be raised by September 29, and we expect Congress to take at least that long to raise it....What happens if Congress does not raise it in time?Scheduled federal payments would be delayed and financial markets would be disrupted. Show More Summary
Corporate leverage has never been higher, and policy uncertainty is extremely elevated... so it makes 'perfect' new normal sense that high-yield credit spreads have collapsed to multi-year tights. However, as Goldman Sachs notes, the...Show More Summary
The next time you buy or sell a home, a drone might be involved. The market for drones in real estate is projected to hit $68 million in the U.S. and $265 million globally, according to a 2016 report from Goldman Sachs. And today, real...Show More Summary