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Cuomo's Mayoral Bid Shakes Up NYC Race, Drawing Major Power Brokers And Critics Alike
Monday, March 3, 2025 - 5:08pm | 555Former New York Governor Andrew Cuomo's weekend announcement that he will run for New York City mayor has reshaped an already crowded Democratic primary field. As rivals scramble to counter his candidacy, some of the city's wealthiest and most influential figures are lining up behind him....
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'Wall Street's Cult Calculator' And A Battery That Lasted 40 Years: Former Goldman Chief Sparks Nostalgia
Tuesday, March 28, 2023 - 8:31am | 473Former Goldman Sachs CEO Lloyd Blankfein sparked some tech nostalgia with a photo of a calculator made by HP Inc (NYSE:HPQ) four decades ago. What Happened: “The battery just ran out on my HP12C. Never gave it much thought, but I've used this calculator for...
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Former Goldman CEO Lloyd Blankfein Warns Banking Turmoil May Impact Economic Growth
Monday, March 20, 2023 - 1:16am | 427Former Goldman Sachs Group Inc (NYSE:GS) CEO Lloyd Blankfein reportedly said that turmoil in the banking sector will likely impact economic growth as lenders become more conservative. “The greater risk environment for financials leads to husbanding of capital and risk-taking, less and more...
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Sector Rotation And 9 Stocks To Watch During A Recession
Wednesday, May 18, 2022 - 6:43pm | 1048Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve. Top economists are split on the...
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Lloyd Blankfein Blames SPACs, Free Money For Bubble Territory
Thursday, October 8, 2020 - 5:50pm | 596Lloyd Blankfein, who was the CEO of Goldman Sachs (NYSE: GS) from 2006 to 2018, told CNBC the market is approaching bubble territory. In March, Blankfein predicted a quick recovery for the markets. He tweeted that the underlying economy was strong, banks were well capped, and the...
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Lloyd Blankfein Predicts 'Quick Recovery' For Markets
Tuesday, March 10, 2020 - 8:47am | 308Former Goldman Sachs Group (NYSE: GS) CEO Lloyd Blankfein tweeted Monday that fear has taken the global markets lower, but he expects a quick recovery once health threats subside. Blankfein served as CEO of Goldman for 12 years, retiring in 2018. On Monday, global markets were...
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Elizabeth Warren Trolls Billionaires In New Campaign Ad
Thursday, November 14, 2019 - 10:41am | 505U.S. Sen. Elizabeth Warren isn’t taking criticism lying down. This week, the Democratic presidential candidate is rolling out an ad targeting a group of billionaires who are critical of her 2% wealth tax proposal. The ad, which targets CNBC viewers in Washington and New York, lays...
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7 Executives Who Climbed The Corporate Ladder
Thursday, February 21, 2019 - 9:00am | 937The epitome of the American dream is the equality of opportunity that allows every American to start with nothing and achieve any degree of success through hard work and determination. Some of the most successful and wealthy business leaders in the world were either born or immigrated to America,...
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David Solomon To Succeed Lloyd Blankfein As Goldman Sachs CEO On Oct. 1
Tuesday, July 17, 2018 - 8:47am | 491Goldman Sachs Group Inc (NYSE: GS) confirmed Tuesday it has appointed President and co-COO David Solomon to succeed Lloyd Blankfein as CEO and chairman of the board. The transition had been expected since Solomon first seized sole company presidency in March, but a formal announcement hadn't...
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Today In Cryptocurrency: $30 Million Stolen From Bithumb Exchange, Tether Confirms Dollar Reserves
Wednesday, June 20, 2018 - 4:56pm | 522The cryptocurrency cooled on Wednesday, with most major cryptocurrencies trading down less than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines It’s a headline that has...
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Goldman Sachs Investors Don't Seem Concerned About A Lloyd Blankfein Departure
Friday, March 9, 2018 - 2:59pm | 590Shares of Goldman Sachs Group Inc (NYSE: GS) initially moved lower on heavy volume after The Wall Street Journal reported the banking giant's CEO Lloyd Blankfein will step down by the end of 2018. Within minutes, the stock recovered and quickly rebounded to trade at session highs. What...
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Barron's Picks And Pans: Goldman Sachs, Snap-On, First Solar And More
Sunday, January 28, 2018 - 5:15pm | 632This weekend's Barron's cover story offers reasons to bet on a premier global investment bank. Other featured articles offer the prospects for a tool maker with a questionable strategy and a solar panel maker that may have had its day in the sun. Also, what to expect from tech IPOs...
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A Goldman Bear Turns Bullish: 'The Right Place, Right Time'
Tuesday, January 2, 2018 - 5:23pm | 443Notable bank analyst Dick Bove said in a downgrade report in early November that Goldman Sachs Group Inc (NYSE: GS) is a "troubled" Wall Street bank. But on the final trading session of 2017, Bove turned bullish on the stock he'd downgraded a few weeks prior. The Analyst Dick Bove...
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Dick Bove's Top Stocks To Buy And Short
Monday, November 27, 2017 - 3:37pm | 431Certain bank stocks remain "phenomenally good" while others should be avoided, according to a notable bank analyst. The Analyst The Vertical Research Group's Dick Bove recommends buying Bank of America Corp (NYSE: BAC) and short selling Goldman Sachs Group Inc (NYSE: GS) The...
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2 Reasons Why Dick Bove Downgraded Goldman Sachs To Sell
Monday, November 6, 2017 - 12:08pm | 383Vertical Group's Dick Bove, a notable bank analyst, downgraded Goldman Sachs Group Inc (NYSE: GS)'s stock from Hold to Sell amid a view the Wall Street bank is "troubled." Bove has been an outspoken critic of Goldman Sachs' leadership and CEO Lloyd Blankfein for some time. The...