Why Goldman Sachs is now changing its Federal Reserve interest-rate forecast
Following Tuesday’s hot CPI data , Goldman Sachs is now pencilling in additional Fed tightening. Source:MarketWatch
Tiger Woods has another private, 18-hole golf destination in the works — this one for Long Island’s Gold Coast
Golf legend Tiger Woods is heading up a new private golf destination on the North Shore of Long Island in Brookville, N.Y. Source:MarketWatch
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source:CoinDesk
Live news: Traders price in fed rate hike for December as bitcoin and gold retreat
Markets price in a December Fed rate hike ahead of U.S. inflation data, while bitcoin and gold fall and oil retreats on easing Iran tensions. Source:CoinDesk
As AI trade falters, Goldman Sachs says this lagging region is now positioned to outperform
Precisely because it has long been hamstrung by rigid labor markets and overregulation, European stocks may paradoxically be bigger beneficiaries of the AI…
Goldman’s new gold target: Why the Wall Street bank is saying it’s early to buy the yellow metal
Strategists at the investment bank said the change in expectations is down to the Federal Reserve’s hawkish shift. Source:MarketWatch
As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity
Portfolio managers say chip demand should be resilient even in a period of political uncertainty. Source:MarketWatch
The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep
Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new…
How oil prices could average $130 per barrel next year, according to Goldman Sachs
Analysts at the investment bank said Brent crude could reach $140 a barrel next year if tensions worsen in the Middle East. Source:MarketWatch
Why gold plunged to its lowest price in a year despite renewed Iran jitters
Safehaven gold fell to its lowest price in a year, despite jitters around the potential for fresh Middle East attacks following the U.S. midterm elections on…
Microsoft is winning the cloud wars and becoming Wall Street’s new golden child
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say. Source:MarketWatch