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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
Goldman Sachs warns of AI-driven economic boost without labor market growth

Goldman Sachs released a statement on Monday that the U.S. may be entering an era of “jobless growth” due to the impact of AI. The bank noted that while GDP is growing, job growth has slowed and may ... Read More
Goldman's Solomon Expects Economy, Deals To Accelerate

David Solomon expects the US economy to accelerate into 2026 as tailwinds from continued stimulus and tech spending outweigh a softer labor market and geopolitical turmoil. Government spending and ... Read More
Why the Goldman Sachs CEO isn’t buying the AI jobs freakout

The fingerprints of artificial intelligence are all over mass layoffs and downsizing at Meta, Amazon, Salesforce, YouTube and other major companies, raising fears of an AI-fueled jobs wipeout for ... Read More
Goldman Sachs CEO David Solomon has 4 big predictions for markets and the economy in the next few years

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Jennifer Sor Every time Jennifer publishes a story, you’ll get an alert straight to your inbox! Read More
Big Banks Credit ‘Resilient’ Economy for Profit Growth

JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth. By Stacy Cowley Even as President Trump’s tariffs and trade ... Read More
Goldman's Solomon Expects US Economy to Accelerate

David Solomon expects the US economy to accelerate into 2026 due to tailwinds from continued stimulus and tech spending. The Goldman Sachs Group Inc. CEO said the economy was "still in pretty good ... Read More
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