Goldman Sachs removes the word ‘black’ from its diversity initiative webpage.
Goldman Sachs has made significant changes to its diversity initiatives, notably removing mentions of “black” and altering program language as the financial industry shifts away from diversity, equity, and inclusion (DEI) efforts, particularly under growing scrutiny from the Trump administration. Initially launched in 2021, the “1 Million Black Women” program was set to invest $10 […]
Goldman Sachs CEO David Solomon believes markets will ‘settle down’
Ocean First Bank Chairman and CEO Christopher Maher joins Maria in the morning to analyze the impact of tariffs on regional banks. Goldman Sachs CEO David Solomon said Tuesday that he believes financial markets will overcome the settlement of financial markets to resolve the expected increase in mergers with companies undergoing a common listing process. […]
Trump tariffs could cost US economy hundreds of thousands of jobs: Goldman Sachs
Kenfisher, executive chairman of Fisher Investments, discusses the impact of US sweep tariffs on Kudrow. Goldman Sachs’ new report examining the president’s methods Donald Trump’s Tariffs have found that while the labour market could spur increased manufacturing employment, unemployment in other industries affected by the tariffs could have a net negative impact on employment across […]
Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
Goldman Sachs has caused stock market disruption from President Donald Trump’s looming tariffs in its record-breaking haul in the first three months, but CEO David Solomon warned of “material risks” to the economy if there is a world trade war. The Wall Street giant on Monday was the latest major bank to announce strong revenues, […]
Goldman Sachs’ first-quarter results beat Wall Street estimates
Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Goldman Sachs reported a 15% increase in first quarter profits as market volatility led to record revenues from stock trading and boosted bond results. Wall Street lenders joined rivals JPMorgan Chase and Morgan Stanley to report higher […]
Goldman Sachs offers its newest option for downside protection in volatile markets – CNBC
Goldman Sachs Asset Management is looking to serve more investors in search of downside protection from market disruptions. Brion Lake helped launch its latest Buffer Exchange Trade Fund this month. Goldman Sachs US Large Cap Buffer 3 ETF. “I'm an investor. You're an investor. The person you're watching is an investor. There's an incredible amount […]
‘October 8’ director Wendy Sachs shines a light on campus antisemitism
Documentary film director Wendy Sachs was with his daughter Lexi at the University of Wisconsin-Madison when he first learned about the Hamas terrorist attacks in Israel on October 7, 2023. “Israel, images of babies and children, young people and grandparents being murdered. The murders were live streamed and placed on Facebook. Videos from the Nova […]
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is trying to do it with taxation on various goods despite wanting “low tariffs everywhere.” Solomon also said in an interview with Fox Business's Maria Bartilomo that Trump is more “engaged” with the business world than his White House predecessor, former President […]
Goldman Sachs’ David Solomon says ‘business community understands’ Trump tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is “trying to do with tariffs,” but added that executives “always want lower tariffs.” Solomon's comments on Fox Business Network's Maria Bartiromo on Wednesday came a week after Trump said he wanted “leveling the arena” by imposing taxes on imports. “I think […]
Goldman Sachs highlights tariff wars winners and losers
First Trust Advisors LP Chief Economist Brian Wesbury will discuss whether Trump's tariffs will affect Varney & Co's inflation. president Donald Trump's Newly implemented tariffs and additional tariffs under consideration disrupt trade relations and industries rush to respond to the higher costs brought by import taxes. Trump's tariffs are enforced on products from Canada, Mexico […]