Goldman Sachs

June 2024 · 3 minute read

Goldman Sachs economists upped the probability of the U.S. economy entering a recession in the next year to 25%, though they noted they still see "recession risk as limited."

FOX Business' Charlie Gasparino's new book, "Go Woke, Go Broke," details the rise of corporate wokeness, including Bud Light's debacle with Dylan Mulvaney and fight over Chick-fil-A.

Earnings were $3.04 billion, or $8.62 per share, for the three months ended June 30, compared with $1.22 billion, or $3.08 per share, a year earlier, the bank said on Monday.

Oil prices may rise to $86 a barrel in the next few months due to "solid summer demand" and consumer spending remaining strong, according to a new forecast by analysts at Goldman Sachs.

Small business owners in the U.S. say they have not heard enough from presidential candidates about what they will do to address the challenges facing small businesses.

The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists.

The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.

Goldman Sachs CEO David Solomon said Friday in his annual letter to shareholders that inflation may prove to be "stickier" than previously anticipated.

The head of digital assets for Goldman Sachs says the marketplace is expected to grow next year as businesses become more familiar with the technology's applications.

Apple is ending its credit-card partnership with Goldman Sachs, marking the final blow to the Wall Street bank’s bid to expand into consumer lending. 

The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.

Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?

Goldman Sachs CEO David Solomon warns of additional rate hikes from the Federal Reserve as the central bank sits in a "wait-and-see mode" on "sticky" inflation.

Goldman Sachs chief executive David Solomon has stopped DJing at high-profile events because of the attention the gigs grab, the company has confirmed.

The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share.

Goldman Sachs CIO Marco Argenti told FOX Business that companies are already expecting real gains and results from AI in terms of boosting productivity and transforming workflows.

Goldman Sachs strategists said in an analyst note this week that they no longer think home prices will tumble this year, and will instead increase by 1.8%.

Three students from Goldman Sachs CEO David Solomon's alma mater, Hamilton College, accused the executive of referring to the fossil fuel divestment movement as "stupid."

Apple revealed Wednesday that the total number of deposits that the high-yield savings accounts, which it offers with Goldman Sachs, have brought in was more than $10 billion.

Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 20%, citing better-than-expected economic data.

ncG1vNJzZmivp6x7p7vXm6ysoZ6awLR6wqikaJuRqbKou9GyZqCnnJm6orqMrJicoKM%3D