GOLDMAN SACHS

A pair of housing units are shown for sale in San Francisco

Weekly U.S. Economic Snapshot: How Are we Doing?

Housing, the weakest of the three legs of the stool supporting the U.S. economy, is finally firming up, or so it seems to investors, economists, real estate agents and buildings after a string of heartening reports so far this year.

Rise and Rise of U.S. Gasoline Prices: Wall Street and Big Oil to Blame?

Oil prices Seen at a Gasoline Station
Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.
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Goldman sees value in alternative asset managers

Goldman Sachs said fundraising across alternative asset classes, particularly credit and real estate, remains robust in a low-rate, low-risk world, and sees more value in the stocks of asset managers that have a diverse mix.
Gold Coins

Gold Prices Retreat from Two-Week High

Gold prices retreated from an earlier two-week high in Europe on Wednesday as persistent concerns over Europe's finances hurt the euro and weighed on stock markets, while a supply upset in major producer South Africa lifted platinum to a five-month high.
Goldman

Facebook and Goldman Sachs: Both Triumph Intellectual Property Disputes on Same Day

After clamoring for the number one spot when it came to endorsing Facebook’s initial public offering in the beginning of the month, Goldman Sachs lost to Morgan Stanley, and placed fourth among U.S. financial rivals. Although it wasn’t chosen as the social-networking giant’s main supporter, Goldman Sachs and Facebook may have more in common than some think. In the past week, both companies claimed victories in intellectual property lawsuits, according to BusinessWeek.
Goldman

Ex-Goldman Analyst Writes White Collar Crime Tale

The Darlings tells a fictional tale about the downfall of a hedge fund and the wealthy family that owns it during Wall Street's 2008 meltdown, but many aspects of the novel are drawn straight from author Cristina Alger's reality.
TransUnion

Goldman Sachs, Advent to Buy TransUnion for Over $3 Billion

TransUnion Corp., the third largest provider of credit information to banks and consumers, said Advent International Corp. and Goldman Sachs Group Inc.'s private equity arm agreed to buy the company from Chicago's billionaire Pritzker family and local private equity firm Madison Dearborn Partners LLC for over $3 billion.
To match Special Report SEC/INVESTIGATIONS

U.S. SEC Broadens Its Probe of Exchange-Traded Funds

Prompted by a delay in a big trade of a popular exchange-traded fund, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, among other areas, according to a person familiar with the matter.
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Nasdaq Looks to Congress to Win Market Reforms

Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
Bank of America

U.S. Stocks Gain After Jobs, Housing Reports

The Dow Jones Industrial Average rose 0.76 percent to 12,884.75 by early afternoon trading, while the Nasdaq rose 1.01 percent to 2,945.17. The S&P 500 rose 0.83 percent to 1,354.37.
Al Gore

Al Gore Calls for Overhaul of 'Unsustainable' Capitalism

Former U.S. vice president Al Gore wants to end quarterly reporting by companies and explore issuing loyalty-driven securities as part of an overhaul of capitalism that he says has turned many of the world's largest economies into hotbeds for irresponsible short-term investment.
Moody's

Moody's: Financial Titans, EU Banks Under Review

Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.

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