In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs GS AI Assistant Courtesy: Goldman Sachs Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,
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David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Greenlight Capital’s David Einhorn thinks speculative behavior in the current bull market has ascended to a level beyond common sense. “We have reached the ‘Fartcoin’ stage of the
US President Donald Trump holds up outgoing President Joe Biden’s letter as he signs executive orders in the Oval Office of the WHite House in Washington, DC, on Jan. 20, 2025. Jim Watson | AFP | Getty Images With President Donald Trump back in the White House and Republicans in control of Congress, experts worry
Chinese Vice Premier Ding Xuexiang speaks during COP29 on Nov. 12, 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Vice Premier Ding Xuexiang warned there are “no winners” in a trade war, as the world’s second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump. “Protectionism leads no
Notable State Corporate Income Tax Changes for 2025 Louisiana Louisiana’s corporate income tax rate was cut to 5.5 percent as of January 1, 2025, via House Bill 2, adopted in special session in late 2024. The bill also eliminated several distortionary exemptions. Previously, the state had a three-bracket system with rates ranging from 3.5 percent
In this article STLA GM STZ GOOS-CA MAT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois. Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a
U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters President-elect Donald Trump is poised to sign a flurry of executive orders as soon as he’s sworn in, but imposing tariffs on U.S. trading partners
Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC Monday. “We do a lot of talking to CEOs and companies on the
Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns
In this article CG WAL BWMN SNAX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images The year 2024 was quite an eventful one for the U.S. stock market, with the S&P 500 Index gaining more than 20% for the second consecutive year. Several factors, including elevated inflation and interest rates,
Cofotoisme | E+ | Getty Images How long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000, which is 20% of the median
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “These decisions were not made lightly, as we know they impact professional and personal lives,”
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