A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs

Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell. Read More

Goldman Sachs To Cut Up To 1,800 Jobs In Annual Review Process: Report

New Delhi: Goldman Sachs is gearing up ... the job cuts, Fratto mentioned that the bank's overall headcount is expected to be higher by the end of the year than it was in 2023. The report also ... Read More

Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report

Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than ... Read More

A ‘grand slam’ jobs report could shift the Fed’s rate cut plans

They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, told Fortune. Read More

Goldman Sachs Plans To Lay Off Around 1,300 Employees

Goldman Sachs has begun culling workers, and will continue the ongoing job cuts through fall as ... Collectively, these banks cut over 5,000 jobs as part of belt-tightening measures, PYMNTS ... Read More

Jobs report to signal timing and size of autumn Fed interest rate cuts

The wait may finally be over, however, with Friday's August jobs report set to at last deliver the interest-rate cut Valhalla traders ... and that mini flash crash ended up resulting in a great ... Read More

Goldman cuts U.S. recession risk to 15% as jobless rate falls, payrolls sharply expand

September jobs ... not to cut interest rates by a big 50 basis points last month if they had known the strength of the September payrolls report, Goldman said. “But that doesn’t mean the 50bp cut was ... Read More

Jobs report is the key indicator for the depth of the Fed's rate cut, says Citi's Sheets

Nathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss what to expect from Friday's jobs report, what it'll mean for the Federal Reserve, and the discussion around the ... Read More

Jobs report falls short of expectations with interest rate cuts likely looming

The U.S. added 142,000 jobs in August ... First Asheville cut off from world; damage estimated $100B in South I took a 13-hour flight to New Zealand from LA. Here are 8 mistakes I made. Read More

August jobs report: Economy added disappointing 142,000 jobs as unemployment fell to 4.2%

Get all the news you need in your inbox each morning. Economists surveyed by Bloomberg previously estimated 163,000 jobs were ... pushing up the yearly increase from 3.6% to 3.8%. Read More

Microsoft to cut 650 support jobs in Xbox Games unit, Bloomberg News reports

Sept 12 (Reuters) - Microsoft (MSFT.O), opens new tab said it is cutting 650 jobs in ... The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent ... Read More

When Is the Next Jobs Report?

"When is the next jobs report" isn ... Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose ... Read More