The Latest Breaking News from Goldman Sachs

Challenged bank faces growing competitive threat from U.S.

Goldman Sachs’ strategists expect the S&P 500 to drop 10% over the next three months.

Despite continued interest rate hikes by the Fed, analysts believe the U.S. economy is showing resilience. Moreover, inflation is expected to decline significantly next year. Therefore, investing in fundamentally sound stocks Bristol-Myers Squibb (BMY), Lockheed Martin (LMT), HCA Healthcare (HCA), and Murphy USA (MUSA) could help you fetch higher returns…

'The conditions that are typically consistent with an equity trough have not yet been reached,' Goldman said.

While market volatility is still prevalent, experts believe the U.S. economy might succeed in achieving a 'soft landing.' Moreover, most S&P 500 companies surpassed revenue and EPS estimates in the third quarter. Therefore, fundamentally sound stocks Pfizer (PFE) and Flowers Foods (FLO) could be ideal additions to your portfolio now.…

“The near-term path for equity markets is likely to be volatile and down,” strategists at the investment bank said.

Beijing's biggest district urged people to stay home during the weekend and COVID-19 outbreaks grew in numerous Chinese cities on Friday, even as China further fine-tuned its COVID rules by removing capacity limits at entertainment venues.

Think you’re ‘immune’ to fraudsters? Jason Fox tells Vicky Shaw why everyone needs to be on their guard.

Check out the CDs that made our top 10 list based on their APY, minimum opening deposit, compounding frequency, and customer service.