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The US economy faces a growing risk of a recession as surging tariffs threaten to stunt growth, reignite inflation and lift unemployment, according to Goldman Sachs. The Wall Street bank warned ...
Already on Thursday, stocks were giving back a chunk of Wednesday's historic gain. Goldman Sachs says the tariff pause likely won't stem declines. Goldman Sachs has raised its 12-month recession ...
Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron — with powerful shareholder voting advisors slamming the payout ...
Lemkau spent nearly three decades at Goldman before departing in 2020 to become co-CEO of BDT & MSD Partners, an investment bank. Before his exit, he was widely seen as a top contender for CEO.
Goldman Sachs rescinded their recession base case within a few hours. Right below 1 p.m., its economists wrote that they expected to change their forecast for the U.S. economy to a recession if ...
Half of the 46,000 employees at Goldman Sachs now have access to artificial intelligence. By the end of this year, chief information officer Marco Argenti expects even more will be able to tap ...
Goldman Sachs BDC cut its base dividend by 29% due to high non-accruals and decreased net investment income, impacting income-dependent investors. Despite the dividend cut, GSBD remains attractive ...
The bank lowered its 2025 GDP growth forecast to 1%. Goldman Sachs raised its year-end unemployment-rate forecast to 4.5%. It expects consecutive rate cuts by the Federal Reserve in July ...
NEW YORK, April 3 (Reuters) - Goldman Sachs (GS.N), opens new tab warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively ...
NEW YORK (Reuters) -Goldman Sachs warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively than previously expected. "We view ...
Goldman Sachs economists raised their forecast on how many times the Federal Reserve will cut interest rate this year to three instead of two as concerns mount that President Trump’s tariffs ...