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Tag: Goldman Sachs

Investors Wary of China’s Economy Amid Stagnant Post-Pandemic Recovery and Anticipated Stimulus Measures
As momentum for China's post-pandemic economic recovery begins to decelerate, the upcoming stimulus measures...
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300 Million Jobs Threatened by Artificial Intelligence, Goldman Sachs Says
According to a recent report by New York-based investment bank, Goldman Sachs, artificial intelligence...
People shop at a Target store during Black Friday sales in Chicago, Illinois
US Consumer Spending Struggles Up After Two Years
U.S. consumer spending increased by the most in nearly two years in January following an uptick in wage...
Goldman Sachs Unveils Revamp Amid Profit Slump
NEW YORK (Reuters) — Goldman Sachs Group Inc. will reorganize its business into three units and scale...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
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Chinese Regime Going Ahead With Zero COVID Policy Despite Economic Consequences
Beijing has adopted a “COVID Zero” tolerance policy to deal with the COVID-19 pandemic in the country...
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Eric Adams Sworn In as New York’s 110th Mayor
Immediately following the ball drop in New York City on New Year’s Eve, Eric Adams — former police officer...
Crude Oil Hits $80 for the First Time in Three Years
On Sept. 28, the price of crude oil touched the $80 mark. This was the first time in three years that...
A businessman walks up Wall Street in the financial district December 21, 2006 in New York City. Archegos Capital Management’s meltdown of Chinese stock, Viacom, Discovery, and others was a tumultuous market event last week. Archegos has deep ties to Wall Street legends such as Goldman Sachs, Bear Sterns, and Lehman Brothers
Firm at Source of Chinese Stock, Viacom, Discovery Crash has Housing Bubble Roots
The week of March 26 showed rarely seen explosive volatility in Chinese stock and commodities as Archegos...