business news

Home - business news
Economy

Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy

Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks…
Economy

Long-awaited Fed digital payment system to launch in July

The Federal Reserve’s digital payments system, which it promises will help speed up the way money moves, will debut in…