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New York Goldman Sachs slashed its forecast for US economic activity in the second half of the year, pointing to sluggish consumer spending on services as well as the threats posed by the Covid-19 Delta variant.During the pandemic and the start of the recovery, Americans spent big on goods: Used car prices soared, as did prices for furniture and other household items, in response to surging demand and shortages of materials.That's why rotation is necessary in how people spend their cash, said G

One can't say that Goldman's clients have too much faith in Goldman's trade recos.As Goldman's flow trader John Flood was urging clients on Monday "not to buy this dip", they did just that and on Monday Goldman's Prime Brokerage service observed a surge in hedge fund dip buying as the S&P tumbled as low as 4,220. Those same hedge funds, however, clearly unsure what happens next, then proceeded to dump the rally andon Tuesday the GS Prime book saw the largest 1-day net selling since June 17 and t

What happened Six days ago, Tesla Motors stock dropped in response to comments fromwould-be rival Lu

Singapore Exchange Ltd:Launches Esg Reit Derivatives.Nikkei Esg-Reit Index Consists Of 60 Tokyo-List

Does crime pay? In August 1988, French authorities arrested an American expatriate named Thomas F. Q

Social media meme stocks GameStop Corp.(NYSE:GME) and AMC Entertainment Holdings Inc(NYSE:AMC) took

So, Apple is having a bad year, you say?With shares hitting an all-time high this week and the gap in performance narrowing over the past month, that conversation can now be put to rest.The uptick has coincided with reports Apple has boosted the production rate of its iPhones, instructing manufacturers to build 90 million iPhones this year, a 20% increase on the 75 million units it produced last year.The renewed optimism in all things Apple is not surprising to J.P. Morgan’s Samik Chatterjee. T

DIDI shares falls more than 8% in premarket trading. Officials from seven Chinese government depart

Daimler AGsaid preliminary second-quarter earnings beat estimates as the pricing power of its Merced

Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications