Goldman Sachs

Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
April 09, 2025  |  Economy

Goldman Sachs Group economists reportedly issued a note predicting a recession due to new U.S. tariffs and then retracted that forecast a little over an...

READ MORE >
Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
April 09, 2025  |  Economy

The heads of America’s biggest banks are reportedly disconnected from the White House’s tariff efforts. To illustrate this fact, The Wall Street Journal (WSJ) on...

READ MORE >
Economists Expect Foreign Boycotts of US Products to Impact GDP
Economists Expect Foreign Boycotts of US Products to Impact GDP
April 01, 2025  |  Economy

Lower sentiment for the U.S. and product boycotts sparked by tariff threats could affect the country’s GDP. Pullbacks in tourism and in demand for U.S....

READ MORE >
This Week in AI: Apple’s Siri Struggles, AI Agent-to-Agent Payment Systems
This Week in AI: Apple’s Siri Struggles, AI Agent-to-Agent Payment Systems
March 21, 2025  |  artificial intelligence

This week in artificial intelligence (AI) news saw Apple facing an AI reckoning, as Nvidia CEO Jensen Huang said computing demand is set to jump...

READ MORE >
Inside Goldman Sachs’ Big Bet on AI at Scale
Inside Goldman Sachs’ Big Bet on AI at Scale
March 20, 2025  |  artificial intelligence

Goldman Sachs is aggressively scaling AI for increased productivity and efficiency. They’re implementing their own AI platform, partnering with tech companies, and focusing on security,...

READ MORE >
Report: Goldman Sachs to Reduce Staff by Up to 5% in Annual Review
Report: Goldman Sachs to Reduce Staff by Up to 5% in Annual Review
March 04, 2025  |  Personnel

Goldman Sachs reportedly plans to cut 3% to 5% of its staff in an annual review process. The cut would amount to about 1,395 jobs and...

READ MORE >
Fed Scrutiny Increases on Private Credit’s Risk and Reward
Fed Scrutiny Increases on Private Credit’s Risk and Reward
February 21, 2025  |  Regulation

Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and...

READ MORE >
Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
January 21, 2025  |  artificial intelligence

Goldman Sachs has introduced an AI assistant for its traders, bankers and asset managers. Marco Argenti, the bank’s chief information officer, tells CNBC in an interview published Tuesday...

READ MORE >
Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
January 15, 2025  |  Earnings

Goldman Sachs’ partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15). “We have...

READ MORE >