Goldman Sachs

Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!

As for Berlin, the way it is handling the European crisis reveals the same pattern of strategic mistakes that contributed to its military defeats in World Wars I and II, the only difference being that in the 20th century we were engaged in military wars whereas now we are faced with all-out financial war.

By Dimitris Konstantakopoulos I usually work more than ten hours a day and most of the weekends. I am often happy with what I do...

By Kit O'Connell Brazil’s acting President Michel Temer arrives to speak, at Planalto presidential palace in Brasilia, Brazil, Thursday, May 12, 2016. SAO PAULO — Brazil’s new acting...

By Jack Reed and Gary Cohn In 2009 a change in government forced Greece to admit the truth about its troubled economy: Greece had joined...