The Latest Breaking News from Goldman Sachs

Most economists agree that there will be divisions among the nine-person committee when it comes to this week’s vote.

Europe's spending plans are pushing debt levels higher, fuelled by Germany’s stimulus and rising defence budgets. However, as governments ramp up spending, experts warn that markets are becoming less tolerant.

“There will be disruption. But I’m a big believer that our economy is very nimble, very flexible,” said David Solomon.

Goldman Sachs and Morgan Stanley have issued a warning about a potential market correction. The CEOs of both firms have advised investors to prepare for a downturn within the next two years.

With women expected to inherit $9 trillion in the “sideways succession,” those who already have more than $1 million in assets say they have no plans to wind down their career anytime soon.

Wall Street expects tech stocks to take a hammering this morning.

December S&P 500 E-Mini futures (ESZ25) are down -1.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.31% this morning as quarterly results from AI bellwether Palantir failed to impress investors and Wall Street executives cautioned about a potential correction due to sky-high valuations.

Sterling drops against dollar as chancellor’s speech is taken as a sign that taxes will rise in the budget, and interest rates may fall faster

Spectro Cloud, a Goldman Sachs–backed (NASDAQ:GS) startup valued at about $750 million, announced on Tuesday that it entered a strategic partnership with Nvidia (NASDAQ:NVDA) to address one of the biggest challenges in artificial intelligence: approximately 70% of computing power that often sits unused.