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The Latest Breaking News from Goldman Sachs

October’s wholesale prices came in lower than expected following a favorable CPI report, raising hopes that the Fed might slow its pace of rate hikes. Moreover, Goldman Sachs believes a soft landing is still possible. Therefore, fundamentally sound stocks such as United Microelectronics (UMC), Birchcliff Energy (BIREF), Spok Holdings (SPOK),…

StockNews.com

Will Home Depot, Lowe's Earnings Reveal A Housing Market Correction?

A long-dreaded nightmare might be coming true for the housing sector.

Benzinga

Boomer retirement home developer to launch new site in Fulham

Riverstone plans £3 billion investment with backing from Goldman Sachs

Evening Standard

From analysis to the latest developments in health,
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New China COVID rules spur concern as some cities halt routine tests

Several Chinese cities began cutting routine community COVID-19 testing on Monday, days after China announced an easing of some of its heavy-handed coronavirus measures, sparking worry in some communities as nationwide cases continued to rise.

Reuters

From ANU student to Goldman Sachs partner

The "Partners Class of 2022" was announced this week.

The Canberra Times

John Henry's 'next move' after FSG decision emerges as Liverpool 'risk' explained

Your Liverpool morning digest as John Henry's 'next move' emerges plus a possible Liverpool 'risk' is explained

Liverpool Echo

How quickly Liverpool sale could be completed as FSG 'set asking price'

Your Liverpool morning digest as we get an expert view on how quickly a sale of the club could be completed, plus FSG reportedly set their price to 'listen to offers'

Liverpool Echo

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Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

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Benzinga

Fifth of 18 to 34-year-olds have fallen victim to financial scams – survey

One in five 18 to 34-year-olds said they struggle to think clearly when put under pressure during a cold call, according to Marcus by Goldman Sachs.

The Independent UK

The U.S. housing market to see second biggest correction of the post-WWII era—when to expect the home price bottom

In the third quarter of 2022, falling home prices erased a record $1.3 trillion in home equity. It isn't over yet.

Fortune

Benzinga's Top Ratings Upgrades, Downgrades For November 4, 2022

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Benzinga

A rare copy of the first printing of the U.S. Constitution is going up for auction

The document last went up for auction in 1894. After the new auction was announced, the group that crowdfunded an attempt to buy a similar copy last year told NPR, "We're looking into it."

WEKU

Political spat over climate risks in investments gets hotter

The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments

The Independent UK

Wall Street accused of whitewashing China crackdown in Hong Kong

Activists and US legislators say banking summit being used to legitimise the dismantling of city’s freedoms.

Al Jazeera

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Benzinga

Meta Platforms To $200? These Analysts Slash Price Targets On Meta Following Q3 Results

Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

The Guardian - UK

Tory crowd leaves early as Sunak and Starmer play out goalless draw at PMQs

City PowerPoint geek’s flickers of Boris-lite fail to ignite party more used to narcissistic fantasists

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 26, 2022

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The Independent UK

What do we know about Rishi Sunak’s banking career before he entered politics?

New PM worked for Goldman Sachs and in hedge funds before entering politics in 2015

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The Guardian - UK

Nearly man to next PM: Rishi Sunak’s rapid change of political fortune

Former chancellor looked finished when he lost to Liz Truss – but out of chaos has come a ‘coronation’

Asharq Al-Awsat

Rishi Sunak to Become Britain’s Next Prime Minister

Former Treasury chief Rishi Sunak is set to become Britain’s next prime minister after winning the Conservative leadership race Monday — and now faces the huge task of stabilizing the party and country at a time of economic and political turbulence. Sunak will be Britain’s first leader of color, and…

Reuters

Rishi Sunak to become Britain's next PM after months of turmoil

Rishi Sunak will become Britain's first prime minister of colour on Tuesday after he won the race to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to leave millions of people poorer.

Benzinga

What Are Whales Doing With Goldman Sachs Group

Someone with a lot of money to spend has taken a bearish stance on Goldman Sachs Group (NYSE:GS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Tribune News Service

Ken Paxton targets biggest banks for plans to ‘starve’ fossil fuel companies of credit

Attorney General Ken Paxton says Texas is joining a multi-state investigation of the biggest names in banking over whether the financial institutions agreed to block credit to companies involved in fossil fuel-related activities.

Salon

The financial cost of climate denial

As a warming planet brings economic tensions to a boil, following the money can reveal some critical stories

The Independent UK

Asia stocks mixed after Wall St rises on corporate profits

Asian stock markets are mixed after Wall Street rose on strong corporate profit reports

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