Customers walk with Foot Locker shopping bags on the Third Street Promenade in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Apple, Nvidia, Broadcom, Caterpillar — Shares of the tech companies, along with Caterpillar, all traded lower after President Donald Trump tweeted that
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Sam Britton, head of tech, media and telecom M&A at Goldman Sachs Source: Goldman Sachs In the perpetual battle for tech investment banking supremacy, Goldman Sachs has taken a commanding lead this year over its Wall Street rivals, thanks to its top role in the three biggest deals of 2019. The guy at the center
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month. “Obviously, the global economy has worsened since our July meeting,” Clarida told CNBC’s Steve Liesman on Friday from the Fed’s economic policy symposium in Jackson Hole, Wyoming. “The global economy is slowing and there’s powerful disinflationary pressures.”
The final week of August — the bittersweet end of summer for many— could be highly volatile, as markets fret over the economy and the latest developments in trade wars. President Donald Trump joins the G-7 leaders in France over the weekend, and markets will be watching to see if the meeting exposes new fault
The latest escalation in the trade war between the U.S. and China increases odds the U.S. economy will fall into recession— and that the Federal Reserve will try to stop it with more aggressive interest rate cuts. President Donald Trump called on U.S. companies Friday to find alternatives to China, following a new round of