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The Latest Breaking News from Goldman Sachs

Savers are trapped in a 'financial vortex' warns Goldman Sachs

Goldman Sachs found Boomers are far less worried than Millennials about their ability to retire — but they're still caught in a financial vortex.

Fortune

New Mexico’s Experiment With Recapturing Natural Gas Raises Questions

Meanwhile, banks help fossil fuel giants raise more than $1 trillion via “hidden” financial support.

Capital & Main

The Telegraph has drawn a glittering array of bidders. But which will win?

Profitable and influential, the Telegraph is far from a distressed asset

Evening Standard

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Goldman Sachs expands footprint in Hyderabad with new CoE

The facility, to accommodate about 2,500 employees, will serve as a centre of excellence for the firm’s client onboarding efforts and house platform engineering and global enterprise partnerships, Goldman Sachs said

The Hindu

Rising long-term interest rates are posing the latest threat to a US economic 'soft landing'

Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession

The Independent UK

Dow Jones Slammed More Than 500 Points; McCarthy Ousted As House Speaker

The Dow Jones utility average bounced off its lows, however.

Investors Business Daily

Stocks Settle Mixed as Big Tech Gains Despite Rising Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.83%. Stocks on Monday settled mixed, with the Dow...

Barchart

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Chipmaker Nvidia Called Principal 'Shovel Supplier' In AI 'Gold Rush'

Nvidia stock rose Monday after investment bank Goldman Sachs added the artificial intelligence chipmaker to its "conviction list" of top stock picks.

Investors Business Daily

Stocks Mixed on Higher Bond Yields and Strength in Big Tech

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. Stocks this morning are mixed as rising bond yields...

Barchart

DeSantis invokes China ‘boogeyman’ narrative amid flailing campaign

Florida governor strips school funding alleging Chinese communist party ties and at GOP debate vows to go tough on China

The Guardian - US

Bild publisher Axel Springer eyes Telegraph auction

German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction

The Guardian - UK

Experts Downplay Immediate Recession Risk Amid Potential Government Shutdown

Short-term impact expected, but prolonged shutdown could dampen growth and hinder Biden's re-election chances

Zenger

Retail investors aren’t listening to Wall Street doom-mongers

Amateur investors are optimistic about the stock market as the pros are getting more cautious.

Fortune

Goldman Sachs says the odds of a government shutdown are now 90%—and it could last two to three weeks

There have been 14 government shutdowns since 1980, but only three have lasted longer than one week. This time, an extended shutdown could cause more serious economic damage.

Fortune

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Barchart

Stocks Give Up Early Gains as Bond Yields Resume Their Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.11%. Stocks this morning are mixed, with the Dow Jones...

The Guardian - UK

Stefanos Kasselakis: ex-banker who lit up Greek politics to lead Syriza

Neophyte is light on policy and has a CV some leftists may find hard to endorse, but he has captivated this socially conservative country

Fortune

Exclusive: Goldman Sachs interns are betting big on AI and optimistic about their financial future

Goldman Sachs surveyed its summer interns about AI, financial security, and job expectations.

Al Jazeera

Kasselakis, a political unknown and ex-banker, wins race to lead Greek left

At 35, Stefanos Kasselakis, who is openly gay, campaigned heavily on social media to win the Syriza vote.

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news in one place.

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Al Jazeera

Syriza leadership: After Tsipras, an ex-banker runs to rule the Greek left

Stefanos Kasselakis hopes to lead the Greek left into a new era after a series of disappointing results at the polls.

Fortune

Goldman Sachs has found the secret to a successful IPO listing

Goldman Sachs's Chief U.S. Equity Strategist, David Kostin, identified the two characteristics of a successful IPO.

AAP

Frydenberg puts political return on hold for boardroom

A parliamentary comeback at the next election is off the table for Josh Frydenberg as he takes on the role of Goldman Sachs Australia and New Zealand chairman.

The Guardian - AU

Josh Frydenberg won’t run in Kooyong at next election after Goldman Sachs appointment

Former treasurer will become chairman of investment bank in Australia and New Zealand in move that prioritises ‘precious time’ with his family

StockNews.com

3 B-Rated Auto Buys Priced Under $30 AND Better Than Tesla (TSLA)

The automotive industry is undergoing a profound transformation driven by the widespread adoption of Electric Vehicles (EVs) worldwide. Therefore, it could be an opportune time to load up the shares of three B(Buy) rated automotive stocks, Blue Bird Corp. (BLBD), Wabash National Corp. (WNC), and Volkswagen (VWAGY), which are trading…

Fortune

Top analyst Ed Yardeni raises the odds of recession to 25% citing oil prices rising to $94 and a potential repeat of 1970s-style stagflation

If oil prices rise to and remain above $100 per barrel, Yardeni fears we could see a repeat of the inflationary 1970s.

Investors Business Daily

Dow Jones Falls 200 Points Ahead Of Fed Meeting; Instacart IPO To Debut

The Dow Jones Industrial Average dropped Tuesday ahead of the Federal Reserve's two-day policy meeting. The Instacart IPO will debut shortly.

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