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Goldman made a ton of money betting on the U.S. housing bubble, so this might mean something.
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I'm just going to come right out and say it: I think Americans have a lot to be concerned about unless, among other things, they don't care about their freedom to choose and their basic human rights. Have you been paying attention to Donald Trump's nominees? Do you know what they believe in and stand for? I have been keeping up with his picks and their platforms. And let me tell you, unless I was an affluent, white, heterosexual, conservative Christian man, I'd be more than a little nervous.
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Partners can't donate to state officials seeking federal office. That means Trump's running mate.
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"We are pleased to have reached an agreement in principle to resolve these matters."
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Goldman Sachs says $20 oil may be necessary.
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Thirteen per cent. That is the percentage by which Japan's Gross Domestic Product (GDP) could be boosted if the number of women in the workforce was raised to equal the number of working men.
The global oversupply of oil is worse than expected and it could take oil prices as low as $20 U.S. to clear the glut, investment bank Goldman Sachs said Friday. While that would mean lower energy pri...
I almost choked on my toast this morning when I read that you were actually thinking of selling the Cirque du Soleil, which could end up in the hands of foreign interests. Move the headquarters of the company that brings so much to our home-grown circus community somewhere other than the Cité des Arts du Cirque? Unthinkable! I just couldn't bear to see the Cirque du Soleil set anywhere else. So I'm setting my sights high and reaching for the stars!
Remember the days, a decade or more ago, when you feared going to the U.S. because the Canadian peso bought you next to nothing? Well those days could soon be back, according to Goldman Sachs. The inv...
TORONTO - The Canadian dollar closed down sharply Monday, hitting a fresh multi-year low as oil prices continued to retreat amid a bearish price forecast from investment bank Goldman Sachs.The currenc...
TORONTO — The Toronto stock market closed lower Monday with losses led by energy stocks amid a warning that oil prices have even further to slide. The S&P/TSX composite index fell 74.82 points to 14,4...
MONTREAL - Goldman Sachs has reiterated its downgrade of Bombardier (TSX:BBD.B) and shaved its stock price forecast even further amid expectations of additional delays in the Quebec company's CSeries...
One of the world's most influential investment banks says betting that the loonie is going to fall is one of its best investment tips for 2014. After trading in a fairly narrow band between 95 c...
Arguably the most important threat facing the world right now is human-caused global warming. Common sense dictates that this issue be identified and addressed, but the technocrats' obsession with an economic plan is divorced from the reality of increasing planetary disasters.
Not one of the executives at any of the 10 or so giant international investment banks in the U.S. and Europe that imploded the financial system five years ago by using illegal trading methods has gone to jail, or even been prosecuted. Why hasn't more been done? That's a good, and frustrating, question.
Five years after the Great Recession of 2007-08 destroyed the lives of millions of people and cost trillions of dollars, many of the big investment banks that caused the near total meltdown are still involved in shady and sometimes criminal financial gambling schemes that could crash the world economy again.
The United States must reject China's $7-billion bid to buy the world's biggest pork producer, Smithfield Foods of Virginia. The transaction was announced in May but is currently under review in Washington by authorities. Delays are due to concerns. And there are many.
Bubbles occur all the time, along with financial inventions. The most recent, and controversial, launched in 2009: A virtual currency called Bitcoin that enabled holders to trade directly and to hide their assets from governments.
Governor of the Bank of Canada Mark Carney has been selected as the next Governor of the Bank of England, a bold move by one of the world's oldest central banks. His term at the head of the Bank of Canada was due to end in 2015, and so the move is surprising for many Canadians.
Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it might be a good idea to break up the megabanks li...
CEOs need to realize that highly desirable employee behaviour can become distorted and even destructive in a company driven by leaders with ulterior motives. Here are seven sure-fire signs that you might be working for a company on the brink of catastrophe.
The banking industry is getting personal in its tireless fight against regulation. Jamie Dimon, chief executive of JPMorgan Chase and the industry's regulation-basher in chief, has called for a sit-do...
Since it's spring -- or at least, feeling spring-like -- I'm going to start today's roundup with the announcement of a new feature you'll see sprouting in our blog rail this coming week. It's called "Change My Mind": Two bloggers will debate a topical subject and readers will be able to vote on who won. In other news, it was the week that started -- and ended -- with the Kony 2012 video. Unless you have been living under a rock (or, come to think of it, on the lam in an African jungle), you could not avoid being aware of the controversy surrounding the viral video made by Invisible Children.
Perhaps if more insiders had come forward to expose wrongdoing, and irregularities at the major U.S. banks and investment houses a few years ago, the impact of the financial meltdown leading to the Great Recession might have been softened. Until each one of us does this, we're all muppets.
Clearly, Greg Smith is the very product of the environment he is so quick to criticize. Under the guise of a now viral op-ed piece in the New York Times, Smith -- once a Goldman Sachs executive -- has successfully guaranteed that every employer, every corporation, every Jack, and Jill around the world, including the Hill, will be aware of his accomplishments.
Goldman Sachs plans to put its majority control of Canadian movie distributor Alliance Atlantis on the auction block, reports suggested Tuesday. London's Financial Times newspaper reports the New York...
Bank of Canada governor Mark Carney, a former investment banker, has been chosen by G20 leaders to serve as the new global watchdog on the world's financial fat cats.The sharp-tongued 46-year-old is b...
A Swiss study appears to have uncovered what anti-capitalist activists have been claiming for years -- that the global economy is controlled by a small group of deeply interconnected entities. But don...
Wall Street's problems are far too important a matter to be left in the hands of those who act and think with anger, rather than with sense. Promote those with knowledge to act as your leaders, keep them on the forefront of OWS and keep the "angry mobs" away from the cameras.
TORONTO - The Canadian dollar continued to lose ground Tuesday as worsening economic prospects and worries about a Greek government default sent traders to the perceived safe haven of U.S. Treasury bo...
A U.S. agency is planning to sue more than a dozen banks, alleging they misrepresented the quality of mortgage securities they packaged and sold to investors before the 2008 financial crisis, the New...
TORONTO - Another new stock market is set to debut in Canada, this time in the hands of New York investment bank Goldman Sachs. The Wall Street firm said Thursday that it will bring its stock market s...