• S&P 500 cuts declines to end flat; Nasdaq falls

    2 monthes ago - By Reuters

    The S&P 500 cut losses to end nearly flat on Monday after having been weighed down by concerns about slowing Chinese economic growth due to trade tensions between China and the United States.
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  • Goldman Sachs reportedly cut a key consumer lending target for next year - and it could mean the economy is due for a sharp turn

    Goldman Sachs reportedly cut a key consumer lending target for next year - and it could mean the economy is due for a sharp turn

    2 monthes ago - By Business Insider

    Goldman Sachs has cut loan origination targets for its consumer lending platform Marcus for 2019, according to a Bloomberg report.
    The pullback reflects the firm's growing concerns about the consumer debt market, the report said.
    Marcus is a key part of Goldman CEO David Solomon's growth plans for the bank.
    Goldman Sachs is cutting a key target for its consumer lending platform Marcus, reflecting the firm's growing concerns about the consumer debt market, according to a new report.
    Goldman has scaled back loan originations for 2019 for Marcus, according to a Bloomberg report on Monday...
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  • US growing concerned about China's falling currency and 'turn away from market-oriented policies'

    2 monthes ago - By CNBC

    U.S. officials are concerned about the recent depreciation in China's currency and plan to lay out details on China's policies in an upcoming foreign exchange report, according to a senior U.S. Treasury official.
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