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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

UPI News on MSN · 1d

Goldman Sachs ups likelihood of Trump recession to 35% with looming higher inflation

Investment bank Goldman Sachs has warned that U.S. President Donald Trump's sweeping new tariffs may spike inflation and shrink the economy in coming months to the point of a recession.

MSNBC · 1d

Goldman Sachs: Recession risk has risen to 35%

President Trump’s escalating trade war and sliding consumer confidence has doubled the probability of a recession to 35%, according to Goldman Sachs. CNBC Senior Markets Correspondent Dominic Chu joins Chris Jansing to provide an update on how the markets are bracing for new Trump tariffs this week.

Houston Chronicle26d

Why a New York bank may be telling employees to move to Texas or find a new job

The investment bank Goldman Sachs is reportedly planning on giving many of its managers an ultimatum—relocate to Dallas or Salt Lake City—or leave the company. According to a report in ...

New York Post4d

Neiman Marcus owner gets last-minute lifeline keep landmark Dallas store open — for now

City officials and Neiman Marcus owner Saks Global announced on Friday that the department store will remain open until the end of the year — following a bizarre beef over the lease that the ...

WFAA81mon

Saks vows to pay overdue bills to DFW-based clothing company, others

GRAND PRAIRIE, Texas — Trybus Group CEO and President Gary Adelman was frustrated to read the news of Saks Global completing its billion-dollar purchase of Dallas-based Neiman Marcus in December ...

Business Wire4d

Saks Global and the City of Dallas to Explore Reimagination of the Neiman Marcus Downtown Dallas Building

Saks Global announced it will continue operations of the Neiman Marcus Downtown Dallas store through the 2025 Holiday season while it explores a ...

1don MSN

Goldman Sachs now sees much higher odds of economy shrinking, hiking probability of a U.S. recession to 35%

Goldman believes the tax-like impact on real disposable income and consumer spending from Trump's tariff policies will hurt U.S. growth prospects.

1don MSN

Goldman raises odds of US recession to 35%, predicts three interest rate cuts

Goldman Sachs raised the probability of a U.S. recession to 35% from 20% and said it expects more rate cuts by the Federal ...

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Goldman Sachs UPS likelihood of Trump recession