Spanish Banks Downgraded as Cyprus Seeks Bailout
The troubled eurozone continued to experience turmoil as Moody’s downgraded 28 Spanish banks and Cyprus requested a bailout that could amount to more than half its economy.
No 3-Peat in 2012: Goldman’s O’Neill on Economy
The analyst takes an above-consensus view on U.S. and global growth rates for this year.
Will Election Results Push Euro Down to Its Fair Value?
Jim O'Neill of Goldman Sachs says a drop to 1.20 euros to the dollar is more likely than not.
Goldman’s O’Neill Considered for Top Slot at BOE
A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.
Euro Zone Seeks More IMF Funds
Worries over Spain mean that additional IMF funding might be needed to combat the euro zone debt crisis, which once again is beginning to look out of control.
Goldman’s O’Neill: Economy Getting Back to ‘Normal’
Goldman Sachs Asset Management Chairman Jim O’Neill points to ‘breakouts’ including positive jobs data, the S&P 500’s rise above 1,400, a drop in gold prices and good news from the Fed.
Obama’s Re-Election Means More Stagnation, Says Ex-Treasury Chief O’Neill
Former Treasury Secretary Paul O’Neill, special advisor to Blackrock, was interviewed Thursday by Bloomberg T.V.’s Tom Keene, host of Midday Surveillance.
Outlook 2012: Equities–Top 5 Trade Ideas for the New Year
Here’s what the experts are saying about the investment outlook for stocks in 2012.
Unemployment in Britain Hits Highest Point in 15 Years
Despite a determined pursuit of austerity measures to bring down its deficit, the U.K. is experiencing its highest unemployment level in 15 years coupled with a recovery that the National Economic and Social Research Institute called the “weakest of any since the end of the First World War.”
Goldman’s O’Neill Says No, It’s Not 2008 All Over Again
Jim O’Neill, chairman of Goldman Sachs Asset Management, is optimistic about the global economy and doesn't believe the world is headed to another recession on the scale of the 2008 crisis.