Articles by tag: Goldman Sachs
(Bloomberg) — New York City Mayor Eric Adams on Monday will announce a new partnership with Goldman Sachs Group Inc. and Mastercard Inc. that will create the largest public-private loan fund for small businesses in the city’s history. The $75 million NYC Small Business Opportunity Fund will offer businesses loans ranging from $2,000 to $250,000 […]
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As Goldman Sachs Predicts Deflation, Labor Market Remains “Most Forward-Looking” Inflation Indicator
Deflation is finally in the air. Firms like Goldman Sachs are expecting a drastic decline in U.S. inflation in 2023, estimating personal consumption expenditure (PCE) figures as low as 2.9% by December 2023, compared to the current measure of 5.1%. This comes in the wake of the CPI growing at slower rate than anticipated, clocking […]
Business Services
What are the Details Behind Apple’s Forthcoming ‘Buy Now, Pay Later’ Service?
Apple Inc. is working on a new service that will let consumers pay for any Apple Pay purchase in installments over time, rivaling the “buy now, pay later” offerings popularized by services from Affirm Holdings Inc. and PayPal Holdings Inc. Watch below for more details on the upcoming offering. “The interesting part here is you can […]