Goldman Sachs, JPMorgan, Wells Fargo are among Wall Street giants named as possible FTX creditors

Tech Insider : Crypto
Shattered FTX logo
FTX.

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Goldman Sachs sees oil prices heading to $100 a barrel by the third quarter of 2023 amid China reopening

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Oil has dipped to around $82 amid a depressed global economic environment.

Andrey Rudakov/Bloomberg

ChatGPT is about to write BuzzFeed content - and investors are loving it

Tech Insider

Good morning. I'm senior reporter Phil Rosen. 

Thursday's jobs data showed the labor market right now basically resembles the opposite of what it should look like ahead of a recession. It's as robust as ever, even as fears of a downturn have yet to abate. Not to mention the economy itself, which is still growing. 

US stocks rise as GDP data and Tesla earnings come in better than expected

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A trader works on the floor of the New York Stock Exchange January 6, 2014.

REUTERS/Brendan McDermid

A US debt default or even a near-nonpayment could plunge the economy into recession, top Goldman Sachs economist says

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The US Capitol is seen in Washington, DC
The US has hit the $31.4 trillion borrowing limit.

(Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

Elon Musk is mulling over ways to whittle down some of his Twitter debt

Tech Insider

Good morning. I'm Phil Rosen, reporting from Los Angeles. 

The good weather here has left me postponing my return to wintry New York. After weeks of sunshine, a few seconds of Manhattan air just might give me frostbite at this point.

And speaking of cold hard reality, the Wall Street Journal reported that Elon Musk is trying to raise fresh funds to pay off some of the pricier bits of his $13 billion Twitter loan.

Don't rule out further inflation surprises yet, and here are 3 ways for investors to predict them, Goldman Sachs says

Tech Insider : Economy
Food inflation
The drop in commodities has raised hopes that inflation will start to cool.

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The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says

Tech Insider
A home for sale with a price reduction sign
House prices are likely to have fallen 6% from their peak by the time they stop sliding later this year, according to Goldman Sachs.

Reuters

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