Goldman

China’s property crisis is in its fourth year, and the market is still far from a bottom, Goldman Sachs analysts wrote in a report on Wednesday.Home prices have fallen 20% over four years and could decline another 10% before bottoming out in 2027, they wrote.Goldman Sachs’ report was based on…

Each year since 2019, David Solomon has marked the arrival of Goldman Sachs’ summer interns with a welcome letter filled with words of wisdom.The Goldman chief executive continued that tradition on Tuesday with a letter encouraging the 2025 intern class to “participate in team meetings” and not to “settle for…