Goldman Sachs Asset Management is fired up about the economy heading into 2025 — but serious risks are still lurking under the surface

This year’s massive market rally has picked up steam in recent weeks. Although the year ahead looks promising, top minds at Goldman Sachs Asset Management (GSAM) believe investors should be on guard for risks that could shake up the status quo. Next year’s economic landscape may feel like an extension of this year’s, say strategists…

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I moved to the US and send money back home every month. Since becoming a parent, I’ve had to set more boundaries around payments.

Guisse once turned down a request for a $2,500 loan from a relative. This as-told-to essay is based on a transcribed conversation with Aissatou Guisse, a 31-year-old Microsoft employee in Atlanta about the pressure to send money home to relatives in Senegal. The following has been edited for length and clarity. I grew up seeing…

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I bid $100 to upgrade my cabin on Royal Caribbean’s newest cruise ship. It was worth it to have a window.

My Royal Promenade-view cabin was 180 square feet. I’m not a gambler, but the one exception is on a cruise. I’m not talking about the slot machines at the ship’s casino. I’m talking about “Royal Up,” Royal Caribbean’s stateroom upgrade auctions. Travelers can bid for a higher-end cabin, from upgraded interiors to large suites. In…

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CEO says his airline’s all-Airbus fleet is a ‘better alternative’ as rivals struggle with Boeing blues and engine issues

An easyJet Airbus A320. The boss of easyJet said avoiding problems at Boeing and Pratt & Whitney has helped it achieve record profits, and buck the trend among Europe’s low-cost carriers. CEO Johan Lundgren spoke to Bloomberg TV on Wednesday as easyJet reported blockbuster earnings. The European budget airline reported a record-breaking summer, with pre-tax…

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Biden’s last-minute missile moves for Ukraine are coming far too late, weakening their effect on the Russians

An Army Tactical Missile System (ATACMS) missile fired during a joint military drill between the US and South Korea in October 2022. US President Joe Biden is letting Ukraine strike inside Russia with its long-range missiles as he rushes aid to Ukraine before President-elect Donald Trump takes office, but the move is coming so late…

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‘ACDC,’ ‘T2K,’ and the Middle East: Leaked documents reveal Amazon’s top cloud growth initiatives

Amazon Web Services recently laid out new growth initiatives that include a focus on healthcare, business applications, generative AI, and the Middle East region, according to internal documents obtained by B-17. These are part of the AWS sales team’s priorities for next year and Amazon refers to them internally as “AGIs,” short for “AWS growth…

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