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Shutdown Nears Its End — But Economic Damage Is Mounting, Goldman Says
The U.S. government shutdown has dragged into its 33rd day, and while a resolution may soon be approaching, economists warn the economic fallout is already underway. In a note to clients on Monday, ... Read More
What CEOs say about AI and what they mean about layoffs and job cuts: Goldman Sachs peels the onion
Companies that have discussed AI in the context of their workforce have cut their job openings more sharply this year,” economist Ronnie Walker found. Read More
The government shutdown is now the longest - and likely the most damaging in US history
The ongoing government shutdown isn’t just the longest in American history. It’s likely the most damaging, too. Historically, the economic damage from shutdowns is fleeting, quickly reversing when the ... Read More
Goldman Sachs's Solomon sees regulation rollbacks, AI fueling economic growth - report
Goldman Sachs (GS) Chairman and CEO David Solomon said on Wednesday he disagrees with Federal Reserve Governor Michael Barr's view, expressed on Tuesday, that "growing pressures to weaken ((bank)) ... Read More
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