US Treasury debt maturing in five years has rarely been this expensive relative to other maturities except when the Federal Reserve has dropped interest rates to zero, according to interest-rate strategists at Goldman Sachs https://t.co/EHNJ6l8oxd ...

Bodafone Manis man was the first deal I worked on as a reporter. Obviously the end of the uh internet bubble. Do you see any other parallels between the current AI cycle and the internet bubble of the late '9s, early 2000s.I would say that when we saw the internet bubble, it was really somewhat of a uh phenomenon onto itself. It hadn't affected all sorts of companies and all sorts of industry sectors. What's different about AI this time around is that its impact across industries is quite pervasive.And so w ...

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025.Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist.Most companies have yet to deploy artificial intelligence in production cases, meaning that the overall job market hasn't yet been significantly impacted by AI, said Joseph Briggs, senior global economist o ...

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)🇺🇸 $3 TRILLION GOLDMAN SACHS EXPECTS THE FED TO START CUTTING RATES IN SEPTEMBER. ...

white House throughout the rest of the day today. >> All right Megan we'll be watching. Thank you.Megan Cassella in DC. Let's get back to the markets the S&P, the Nasdaq and the Dow coming off. What was the best day they've had since May 27th.Goldman Sachs chief U.S. Equity strategist David Kostin joins us here on set. David, good to have you towards the end of earnings season. And I want to come to you on something we were discussing yesterday, which was the market outperformance on earnings growth of the ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 The White House is preparing an executive order to target banks that discriminate against conservatives and crypto companies, addressing debanking practices with potential fines and penalties, per WSJ.🔹 CFTC launches an initiative for trading spot crypto asset contracts on CFTC-registered exchanges, inviting public feedback by August 18.🔸 September rate cut odds surge to 90%.🔹 Goldman Sachs expects the Fed to start three consecutive 25bps rate ...

JUST IN: Goldman Sachs says "We expect the FOMC to deliver three consecutive 25bp cuts starting in September" 👀Bullish for Bitcoin! 🚀 https://t.co/IyAazGx87H ...

Economic Concerns & Tax Policy - Raising taxes on the wealthiest New Yorkers, who already pay roughly 15% of their income between city and state taxes, could drive them away [1] - The focus should be on delivering services to constituents by raising the most revenue possible without chasing businesses and high-income taxpayers out of the city [1] - Affordability is a key issue, with many working families being chased out of New York City due to the high cost of housing, groceries, and child care [2] - Raising taxes is not necessarily the answer to affordability issues, as billionaires may leave and spend their money elsewhere [3] Business & Job Creation - Companies like Goldman Sachs are creating new jobs in Dallas, and Blackstone is not building a new headquarters in New York [4] - Making the city more onerous for businesses could lead to a smaller tax revenue pie [9] Housing Market & Affordability - Many people are struggling to pay for housing and groceries [5] - Child care costs of $25,000 per year are a national issue [5] - Increasing housing supply is seen as a way to give young people an opportunity to have their own place [20] - The United States Senate unanimously passed a housing bill to increase housing supply [14][15] - Deregulating everything, including rent stabilization and rent control, could bring down prices in New York [19] - First-time home buyers are now 38 years old, compared to 28 years old in the 1980s and 1990s [20]

Market Concerns & Economic Slowdown - Wall Street economists are concerned that payroll numbers signal an economic slowdown, despite dismissing political alteration claims [2] - Goldman Sachs indicates payroll growth aligns with slowing big data indicators and broader growth data [2] - The real debate centers on the severity of the economic slowdown, not data manipulation [3] - The US economy is growing at a below-potential pace [3] BLS Data & Credibility - Former BLS Commissioner Gian states large revisions can occur at economic inflection points [3][4] - Gian emphasizes the BLS commissioner cannot alter the numbers due to automation and numerous personnel involved [4] - Friends of BLS criticize the firing of the commissioner, asserting it undermines the credibility of federal economic statistics [5] - The White House provides no evidence of data alteration, citing revisions as proof of failures [6] Market Reaction & Interest Rates - The market is trading on potential changes at the Fed, possibly hastened by a commissioner replacement [17][18] - The market may not fully price in economic weakness, potentially leading to positive surprises [20] - There is concern that the US can do better than 144,000-147,000 jobs added in recent months [10] - The market is up 235 points in futures, and interest rates are steady [9]

Financial Performance - Trump Media reports $31 billion in assets and positive cash flow in Q1 [1] - Trump Media accumulated $2 billion Bitcoin treasury in Q2 [1] Investment & Acquisition - TradFi blockchain investment surged with 345 deals totaling over $100 million between 2020-2024, led by Citigroup, JP Morgan, Goldman Sachs and Japan's SBI Group [1] - Sharplink Gaming acquired $5348 million worth of $ETH [1] Token Unlocks - $ENA will unlock $10187 million in tokens this upcoming week [1] Security Incidents & Recoveries - Satoshi statue was found after Satoshigallery offered 01 $BTC for info on the theft [2] - Arkham unmasked the LuBian hacker behind the biggest crypto theft ever, who stole over 127426 $BTC in 2020 [2] - A user lost $908K from a phishing approval signed 458 days ago [2] Market Outlook - Arthur Hayes says $BTC could test $100K, $ETH $3K [2]