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economy

It just became a lot clearer who is going to replace Lloyd Blankfein at the top of Goldman Sachs (GS)

Goldman Sachs It just became a lot clearer who is going to replace Lloyd Blankfein at the top of Goldman Sachs.  Harvey Schwartz, co-president and co-chief operating officer of Goldman Sachs, is retiring next month, the bank announced Monday. That leaves sole COO David Solomon as Lloyd Blankfein’s heir apparent. …

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stock news

Fed Likely to Sidestep Trade War to Raise Rates on March 21

The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to raise rates at its March 21 meeting.

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investments

China, the South China Sea and North Korea

The United States needs to diplomatically engage China over the South China Sea to reduce tensions, build trust, and achieve a quick and lasting solution to the North Korea problem. The USS Carl Vinson’s port call to Danang, Vietnam, the first port call of its kind since the Vietnam War, …

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business news

Morgan Stanley breaks down which markets provide the clearest hints of a downturn

Strategists at Morgan Stanley have put together a guide on which assets are most consistent with the final stages of a bull market. “Our current environment of rising inflation, strong data, tighter policy, flatter yield curves and more volatility is consistent with a late-cycle market,” they said.  The agreed definition …

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economy

Tiger Woods came within 2 feet of forcing a playoff for his best finish in nearly 5 years

NBC Tiger Woods brought back a little bit of the magic on Sunday at the Valspar Championship but came two feet short of forcing a playoff. Woods was tied for the lead early in the final round, and later sank a 44-foot putt on the 17th hole to pull back …

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