"I think there will be a big evolution," Goldman Sachs CEO David Solomon said. "As to how this evolves in the coming years, we operate in the rules we have."
Economists at the investment bank have forecast U.S. GDP growth of 8 percent by the end of 2021—up from 2.3 percent in 2019.
Will working from home be a thing of the past soon? Plus: Warren Buffett and the wind future.
"We write to urge immediate and large-scale federal legislation to address the health and economic crises brought on by the COVID-19 pandemic," the business leaders wrote.
Bitcoin's surge to $50,000 for the first time has created a new acronym: HOFDL—Hold On For Dear Life.
"Something with a long-term volatility of 80% can't be considered a medium of exchange," Sharmin Mossavar-Rahmani, head of consumer and investment management at Goldman Sachs, said in remarks at a recent conference.
Citigroup, Goldman Sachs, Citadel and others paid Yellen for speeches and have business before the department that Biden nominated her to run. Antony Blinken also has ties to companies which lobby the State Department.
Accusations of misogyny over debate of Yellen's reported Wall Street speaking fees are just a primer for mainstream media to soon "go easy" on the incoming Biden administration, right-leaning critics claimed.
Buffett urged lawmakers to "just renew the PPP and get us to the end of the tunnel."
Goldman Sachs is reportedly considering moving part of its asset management branch to Florida.
Trump taxes, Wall Street's fourth quarter outlook, and a COVID compromise.
The transition rate from temporary to permanent layoffs nearly doubled from June to July.
No enhanced unemployment benefits; CEOs should stay in their lanes; and a plan to bring generic drugs back to the U.S.
In coronavirus hot spot states like Texas and Florida, a federal requirement for face coverings could result in a 25-point increase in mask usage.
Chairman and CEO David Solomon said he is "firmly convinced" the company will be in a position to usher the economy through a swift recovery later this year.
The U.S. Senate has approved a $1.8 trillion stimulus package as the economy reels from shutdowns caused by the coronavirus.
An economist at the investment bank said consumer spending on several goods and services had dropped dramatically.
Former Goldman Sachs CEO Lloyd Blankfein claimed Senator Bernie Sanders was as polarizing as Trump but would "ruin our economy."
The controversy started over the weekend when it was revealed the wives of two tech titans had a much smaller credit limits on their Apple Cards than their husbands.
The Massachusetts senator and leading Democratic 2020 candidate is proposing a wealth tax on the richest households.
Powell served under President George W. Bush and also worked for President Donald Trump as a national security adviser.
Bitcoin's price tumbled as much as 9.8 percent in a matter of hours.
The gap widens even more when discretionary bonuses are taken into account.
Trump has the richest Cabinet in history, with a combined net worth of at least $13 billion.
The head of Goldman Sachs just blasted off another tweet seemingly slamming the president.
"Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. #ParisAgreement," Lloyd Blankfein tweeted.
If the banks were too big to fail in 2008, they're too big period now.