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The Latest Breaking News from Goldman Sachs

Goldman Sachs estimates Janet Yellen has two more weeks before running out of cash

The U.S. government's cash reserves are dwindling, and soon the Treasury will have to flood the market with over half a trillion dollars in new IOUs.

Fortune

A US debt default could crush small businesses. So what can we do?

It sounds obvious, but it’s a fact that my very best small-business clients are always thinking ahead

The Guardian - US

Apple, Goldman Sachs, Samsung, and 10 others clamp down on ChatGPT at work

While ChatGPT can boost productivity, employers like Apple, Goldman Sachs, and Bank of America worry about privacy risks if employees use the chatbot at work.

Fortune

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read the most diverse news in one place.

The A.I. boom will boost corporate profits 30% or more over the next decade, according to a Goldman Sachs senior strategist

A.I. tech is set to boost corporate profit margins, already near a record high, dramatically over the next decade, Goldman's Ben Snider said Thursday.

Fortune

Goldman Sachs partner reveals the 19 skills you need to be 'uber successful'

Brian Robinson also explained how he manages his priorities and established a work-life balance.

Fortune

Apple’s High-Yield Savings Account Created In Partnership With Goldman Sachs

Apple's new high-yield saving account comes at a right time when inflation is at the highest hurting households.

Zenger

Markets Today: Stocks Slip Ahead of U.S. Debt Ceiling Talks

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.21%. U.S. stock index futures this morning are moderately lower as the markets await any new developments on the debt ceiling stalemate. President Biden will meet...

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Workers are divided over whether AI will threaten jobs - or help them become the boss

A recent report from Goldman Sachs revealed that AI could replace the equivalent of 300 million jobs globally - leaving a quarter of full-time workers concerned

Wales Online

I’m an Android fan, but moved my money into an Apple Savings account — why I regret it

If you don’t have an Apple Card, don’t bother getting an Apple Savings account. The process is long, painful and arduous.

Laptop

Markets Today: Stocks Lower as U.S. PPI Eases but Regional Bank Stocks Fall

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.49%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.94%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.1%. U.S. stock indexes this morning are lower. U.S. weekly...

Barchart

Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more...

Barchart

What to expect next from the housing market

Fortune rounded up revised home price forecasts from 9 major research firms.

Fortune

Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network

Despite Crypto Winter, legacy firms are still investing in potential blockchain breakthroughs.

Fortune

Gas prices to treble this winter, Goldman Sachs predicts

Bank predicts higher has prices are on their way

The Independent UK

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The Independent UK

Goldman settles gender discrimination suit for $215 million

Goldman Sachs has agreed to pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions

The Guardian - UK

Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened

UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports

The Guardian - UK

Bank of England may have to raise rates to 5% this summer, says Goldman Sachs

US investment bank believes inflationary pressures could force monetary policy committee’s hand

Bangkok Post

Bankers' pay is booming in Saudi Arabia

DUBAI: Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.

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The Guardian - UK

Society exposes us all to anti-Jewish tropes and attitudes. The first step is to notice them

The Richard Sharp cartoon caused deep distress because it heightenedthe feeling that others don’t understand or care about antisemitism.That must change, says Guardian columnist Jonathan Freedland

Fortune

Wall Street won't have its #MeToo moment after all

Lawsuits against Goldman Sachs and TCW were supposed to go to trial this spring. One has quietly settled, and the other is reportedly in talks to do so too.

Fortune

Wall Street avoids a reckoning over #MeToo—and mandatory arbitration

TCW settles a long-simmering sexual harassment lawsuit, while Goldman Sachs looks to prevent a gender-bias trial.

Evening Standard

Guardian editor apologises to BBC chairman Richard Sharp over ‘antisemitic’ cartoon

The controversial piece depicted Mr Sharp, who is Jewish, with exaggeratedly large facial features

The Guardian - UK

An image that should never have been published, and lessons that must be learned

Errors led to the publication of a cartoon of BBC chairman Richard Sharp, its withdrawal and an apology, says Elisabeth Ribbans, the Guardian and Observer’s global readers’ editor

Bangkok Post

Fed likely to hike rates again as bank fears resurface

WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a 10th — and possibly final — time on Wednesday, as it aims to bring down inflation while preventing fresh banking concerns from spreading.

Fortune

Exclusive: A rare #MeToo lawsuit that could have exposed Wall Street's sexist culture just settled out of court

Sara Tirschwell’s five-year-old lawsuit against investment giant TCW was scheduled to go to trial this week. Now that will never happen.

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