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The premium luggage and travel retailer is slashing as much as 30% to 40% off a selection of bags and accessories, while many items are 20% off. You can find more sales in our guide to the best Black Friday luggage deals. View at TumiTumi Mezzanine Rivera Satchel $629.00 $1,050.00 Save 40% Tumi may be better known for luggage, but it also makes luxury handbags. View at TumiBlack Friday Tumi luggage FAQsDoes Tumi offer a lifetime warranty? While year-round Tumi sales are not unheard of, like many retailers, Tumi uses Black Friday to offer the biggest discounts.

Persons: We've, Tyler, Rivera Satchel, Tumi Harrison Nelson, Nelson, Tumi Organizations: Business, Tumi's, Tumi, Tote Locations: View

☆ The most auspicious year for Chinese births is almost over. For dragon babies, the competition is just getting started.
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +9 min

"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.

Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, —, Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea

Learn moreWelcome to your one-stop shop for this weekend's best Black Friday streaming deals. View at PeacockPeacock Premium Plus (Monthly Plan) $13.99 Peacock Premium Plus subscription is $14 a month. Then Britbox is a streaming service for you as it's packed with classics from the likes of the BBC and ITV. Am I locked into a contract if I sign up for one of these Black Friday streaming deals? By default, once the deal you've signed up for ends, the streaming service will re-subscribe you for the regular price.

Persons: Max, HBO Max, Peacock, we've, We'd, That's, We're, Sherlock, Luther, Harry Potter, Max Max, It's, There's, you'll, you've Organizations: Business, HBO, Disney, Paramount, Hulu, Disney Disney, Disney Plus, NBC, Football, Peacock, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus Paramount, Paramount Plus, BBC, ITV, Max, Starz, Starz Starz, Service, ESPN, MLB, NHL, UFC, ESPN Amazon Prime, Amazon Locations: British, Downton Abbey

The best Black Friday Apple Watch dealsThe Apple Watch Series 10 is the best Apple Watch for most people, and the 42mm model is currently 18% off for the lowest price we've seen since its launch in September 2024. Also, check out previous-generation models, which offer near-current-gen performance for lower prices, like the M3 MacBook Pro for 25% off. The updated base standard for RAM means the 2024 MacBook Pro is an excellent model to upgrade to. Those with future-proofing in mind should opt for the 2024 iPad Air, which can also be seen as a more affordable version of the 2024 iPad Pro models. For most people, the best Apple Watch is the Series 10, thanks to its always-on display and overall value.

Persons: you've, Apple, It's, it's, they've, They're, Max, Kim Kardashian Organizations: Business, Apple, Apple Watch, Amazon Apple, Apple MacBook, Air, Amazon, MacBook, Intel, M4, Apple AirPods, Amazon Beats

Learn moreBlack Friday sales are here in full force, and the Peacock Black Friday deals are not to be missed. The Peacock deals get you 75% off, including one option that will cover you for an entire year. View at Peacock What we like Check mark icon A check mark. People already subscribed to Peacock Premium or Peacock Premium Plus aren't eligible for Peacock's Black Friday deals. What is the difference between Peacock Premium and Peacock Premium Plus?

Persons: Peacock Organizations: Business, Universal, NBC, Football, Black, Peacock's

☆ College Football Playoff expansion boosts advertising, viewership at Disney
▼ + stars: | 2024-11-29 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

The expanded College Football Playoff format has changed the game for media companies this season — and for Disney in particular. This season marks the first of the 12-team College Football Playoff format, meaning fans of more teams than ever have more skin in the game. In 2022, the university presidents who oversee the College Football Playoff voted to expand the postseason system that determines the national champion from four to 12 teams. "College football is a key cog in our portfolio, not only the sports portfolio but also our Disney platform portfolio. ABC in particular is on track to have its best season for college football ratings since 2009.

Persons: Donovan Edwards, Michael Taaffe, Kevin Krim, we've, Jim Minnich Organizations: Michigan, Texas Longhorns, Disney, —, ABC, ESPN, ESPN2, EDO, Ohio State, College Football, College, Consumers Locations: Ann Arbor , Michigan, Michigan, Texas

☆ As retailers enter the holiday shopping season, the winners are pulling away from the pack
▼ + stars: | 2024-11-29 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Target , Kohl's and Best Buy each reported disappointing third-quarter results as early holiday deals fell short of meaningfully boosting their businesses. Choosy consumers have made the gulf between successful and struggling retailers even more stark heading into the holiday shopping season, said Neil Saunders, managing director of GlobalData Retail. That's a smaller year-over-year increase than the 3.9% jump from the 2022 to 2023 holiday season, when spending totaled $955.6 billion. Dick's and Abercrombie both hiked their full-year outlooks this week and said they expect a strong holiday shopping season. Kohl's warned it will have a deeper-than-expected drop in sales and announced a change in CEO ahead of the crucial shopping season.

Persons: Victor J, Fitch, Neil Saunders, Abercrombie, Scott Lipesky, Erik Nordstrom, Wall, John David Rainey, Rainey, Rick Gomez, Taylor Swift Organizations: Blue, Bloomberg, Getty, Walmart, Dick's Sporting Goods, Abercrombie, GlobalData, National Retail Federation, Nordstrom, CNBC, Target Locations: Clifton , New Jersey, U.S

☆ 'Broke' Josh Brolin reveals $600,000 payday that changed his life: 'I started bawling'
▼ + stars: | 2024-11-29 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

After breaking out in "The Goonies" in 1985, Brolin's acting career sputtered in the late 80s, through the 90s and into the 2000s. "I spent 22 years just trying to work," Brolin, whose Hollywood prospects were so dismal at points that he turned to stock trading to make a living, said in an appearance on "In Depth with Graham Bensinger." The two roles would turn his fortunes around, both in terms of landing steady acting work, as well as financially. Brolin's career has taken off since then, with star turns in films like "Dune," "True Grit" and "Sicario." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Josh Brolin's, Brolin's, sputtered, Brolin, Graham Bensinger, Ridley Scott's, He's, Chris Pine, they'd Organizations: Hollywood, CNBC

Learn moreTracking down the actual best Black Friday deals isn't for the faint-hearted or inexperienced. View at Amazon What we like Check mark icon A check mark. View at Nugget What we like Check mark icon A check mark. Play couch comes in 20 colors and ottoman is available in 10Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: isn't, whittle, we're, Apple, you've, Max, Harry Potter, Max Hulu, We'd, I’ve, Talia Ergas, Puffer, Abercrombie & Fitch, Bonobos, fryer, Ninja Air Fryer, you'll, it's, There's, Apple AirPods, Dyson, Cord, Rihanna, shea Organizations: Business, Apple, Verizon, Amazon Apple, Verizon Apple, Max, Apple Watch, Google, Samsung, Disney, Disney Plus, Hulu, Disney Max, NBC, Football, Peacock Paramount, Paramount, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus, Paramount Starz, Starz, LG, Smart, Dolby, Amazon LG, Walmart, Amazon, Brands, Abercrombie & Fitch, Abercrombie, Fitch, Abercrombie &, Chino, Nike Air Jordan, Jordans, Nike, Black, Big, Shark, Joybird, Ninja Air, Ninja Air Fryer XL, VR, Meta, Sony, Amazon Sony PS5, Amazon Sony PlayStation, Amazon Samsung, Nova, Nova Pro, Mint Mobile, Mobile, Mint Mobile Samsung Galaxy, Galaxy, XL, Gemini, Dell, Dell Lenovo, Samsung Galaxy Watch, Google Pixel Watch, HP, Amazon Sony WH, WH, Dyson, Army, Navy Locations: Tempur, Balsam

Learn moreBlack Friday is almost here, and if you're in the market for a new winter coat this season, now's definitely the time to shop. The best Black Friday women's winter coat dealsHalfdays Wheeler Parka $277.00 $395.00 Save 30% This winter parka is as technical as it is stylish. View at HalfdaysFrank and Oak The Hygge Puffer Coat $268.99 $449.00 Save 40% Wrap yourself in warmth with this sustainably made coat. View at Saks Fifth AvenueBlack Friday winter coat FAQsIs Black Friday a good time to buy winter coats? Warmth is usually noted by "fill" power; for a seriously warm coat, look for 650-800 fill power down.

Persons: now's, Frank, Wheeler Parka, Halfdays Wheeler Parka, Wheeler, Oak, Barbour, Woolrich GORE, TEX Marshall Parka, GORE, pare Organizations: Business, Saks, parka, Columbia, Columbia Outdoor Research, Parka, Saks Fifth Locations: Frank, Columbia, Patagonia, Cashmere

☆ Russia will likely send North Korean troops to the most dangerous spots to fight, says South Korea
▼ + stars: | 2024-11-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementNorth Korean troops sent to aid Russia will likely be deployed to the most dangerous fighting spots. That's according to South Korea's defense minister, who said they'd likely be used as "cannon fodder." North Korean forces have already taken casualties, per reports. North Korean troops fighting alongside Russian forces will likely be sent to some of the most dangerous spots in the war, Kim Yong-Hyun, South Korea's defense minister, said on Thursday. North Korea has sent thousands of troops to aid Russia in its war efforts, according to officials from South Korea, Ukraine, and the US.

Persons: they'd, Kim Yong, Kim, Joonkook Hwang, South, Andrii Kovalenko, Volodymyr Zelenskyy, Dmytro Ponomarenko, Kim Song Organizations: Russian, North, Yonhap News Agency, UN, Financial, Shadow, Street Journal, Western, Storm, Ukraine's Center, Bloomberg, UN Security Locations: Russia, South, Korea, South Korea, Ukraine, Korean, Kursk, North Korea

☆ Neom is a '50-plus-year plan,' says Saudi Arabia's finance minister
▼ + stars: | 2024-11-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Neom is one element, and its finance minister said the project is a "very long-term program." Saudi Arabia's finance minister has described the kingdom's ambitious Neom project as a "very long-term program" and returns should not be expected in the coming years. AdvertisementSaudi Arabia forecast a $26.8 billion deficit for 2025, or about 2.3% of GDP, in its Budget statement on Tuesday. The Saudi economy has contracted in recent years as the changes take place and global oil prices have declined. NeomIn 2022, Saudi Arabia was the fastest-growing G20 economy, according to the IMF.

Persons: Mohammed Al Aljaadan, Neom, Aljaadan Organizations: Reuters, IMF, Saudi Locations: Saudi Arabia, Neom, Saudi, Yemen, Saudi's

☆ 6 charts show why Gen X is so bummed about money right now
▼ + stars: | 2024-11-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

AdvertisementAs many Americans struggle with a high cost of living, Gen X is in a particularly tight spot. Gen X has the highest income of all but also the highest debt. As a Bank of America Institute research note said, Gen X has seen its discretionary spending drop the most of all generations. The analysis attributed that, in part, to Gen Xers trying to sock away more for retirement and investing more. AdvertisementBut as Bank of America notes, Gen X is in the "sandwich" phase of life: Some are juggling supporting adult children and older relatives.

Persons: X, Gen X, Xers —, they're, Xers, Gen Xers, I'm, Wendy Graham, Barbara Lose, Graham, who's, Xer Organizations: Federal Reserve Bank of Philadelphia, Philadelphia Fed, Bank of America Institute, of Labor Statistics, Bank of America, University of Michigan's Locations: Philadelphia, Florida

☆ I stayed in a 110-year-old ship that's been converted into a beachfront hotel. It was a great retreat from living in a concrete jungle.
▼ + stars: | 2024-11-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +7 min

AdvertisementI stayed in Doulos Phos The Ship Hotel, a short ferry ride from Singapore. AdvertisementFrom the get-go, I was blown away by the vastnessThe front of the ship hotel, with its two anchors preserved. Aditi BharadeAs my taxi turned the corner from the ferry terminal, I took in the sheer size of the 430-foot-long ship hotel. The bathroom, too, was huge — much larger than some hotel rooms I've stayed in. AdvertisementThe bathroom was larger than hotel rooms I've stayed in, in the past.

Persons: Eric Saw, Aditi Bharade, Aditi Organizations: Life, Southeast Asia that's, Titanic, Business Locations: Doulos, Singapore, Indonesia, Southeast Asia, New York City, Indonesian, Bintan's, Texas, Rome, Kenya, Bintan

☆ Trump made unprecedented inroads in Silicon Valley this election
▼ + stars: | 2024-11-28 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.

Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton

☆ Tariffs and sanctions could disrupt the tech supply chain. Here's how to derisk it.
▼ + stars: | 2024-11-28 | by ( Monica Melton | ) www.businessinsider.com time to read: +5 min

China's dominance in rare earth minerals poses risks to tech supply chains. AdvertisementFriend shoring to alliesFriend shoring, or moving supply chain, manufacturing, and operations to non-adversarial countries to have continuity, is one step to derisking tech's supply chain. Related storiesCreate redundancy in manufacturingTo derisk the supply chain, create redundancy. Regulation of the supply chain may increase, but tech companies and their suppliers could find solutions in data. "Technology cannot do it unto itself, because you can only rely on the data you can get to understand the whole length of the supply chain.

Persons: Megan Reiss, Reiss, they're, Trump's, shoring, Friend shoring, Trump Organizations: China . Department of, U.S . Department of Locations: North Korea, China, Mexico, Canada, U.S, Malaysia, Estonia, Japan

☆ CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
▼ + stars: | 2024-11-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Mike Blake | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The SPDR S&P 500 , an exchange-traded fund that tracks the broad-based index, traded around 22.6% fewer shares than its 30-day average. In fact, traders boosted their bets that the U.S. Federal Reserve will lower rates by 25 basis points at its December meeting. "Today's data shouldn't change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management.

Persons: TKWY, Mike Blake, David Alcaly, Scott Helfstein, Chris Verrone, —, Jeff Cox, Scott Schnipper, Alex Harring, Sean Conlon Organizations: Reuters, CNBC, Dow Jones, Big, Nasdaq, U.S . Federal, Lazard Asset Management Locations: Encinitas , California, U.S, Big Tech

☆ Trump faces a far more emboldened Kim Jong Un this time around
▼ + stars: | 2024-11-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.

Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, —, Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea

☆ US urges Ukraine to draft 18-year-olds to solve manpower shortages on the battlefield
▼ + stars: | 2024-11-28 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

AdvertisementUS wants Ukraine to lower the conscription age to 18 amid a manpower shortage. The White House said aid to Ukraine will not be tied to the conscription age. The current minimum conscription age is 25, but an anonymous US administration official told reporters on Wednesday that reducing it would help Ukraine keep up with Russia's military. The White House clarified that US aid to Ukraine will not be dependent on whether the conscription age is lowered. In the months he has left, Biden has been scrambling to push measures to aid the war effort in Ukraine.

Persons: Volodymyr Zelenskyy, Dmytro Lytvyn, Zelenskyy, Pokrovsk, Michael Kofman, John Kirby, we're, Kirby, Biden, Antony Blinken Organizations: US, Russia, Financial Times, CNN, Manpower, Ukraine, Security, AFP Locations: Ukraine

Specifically, Dyson is offering $100 off the super-popular Airwrap Multi-Styler and Dryer, as well as the Airstrait Straightener, the Corrale Styler Straightener, and the Supersonic Hair Dryer. What we love about Dyson AirwrapDyson Airwrap $499.99 $599.99 Save 17% The Dyson Airwrap is a little too much blow-dryer-brush for most people, but there are few systems that give you such versatility. In our Dyson Airwrap review, Business Insider writer Colleen Sullivan gushed about the many reasons she loves this game-changing, three-in-one hair tool. Black Friday Dyson Sale FAQsWhen does the sale start and end? Black Friday weekend is the perfect time to buy the original Dyson Airwrap — during this special savings event, you'll spend $100 less on this particular item.

Persons: Dyson, Dyson Airwrap Dyson, Colleen Sullivan gushed, Sullivan, Jenna Perry, who's, Bella Hadid, Dyson Dyson, Dyson It's, Remi Rosmarin, you've Organizations: Business Locations: Dyson, Dua Lipa

☆ As many as one in 10 coders are 'ghost engineers,' Stanford researcher says, lurking online and doing no work
▼ + stars: | 2024-11-28 | by ( Katherine Long | ) www.businessinsider.com time to read: +5 min

His research, which hasn't been peer-reviewed, found that about 9.5% of coders were "ghost engineers.' AdvertisementMeasuring output is difficultDenisov-Blanch calls these workers "ghost engineers," defined as software engineers who are only 10% as productive or less than their median colleague. More remote workers were superstar codersMusk now aims to apply that same ruthless efficiency to the federal government. On one hand, he found that the prevalence of "ghost engineers" among remote workers was more than double that among in-person workers. But he also found that many more of the most effective engineers — employees whose performance was at least five times better than their median colleague — were working remotely.

Persons: hasn't, Yegor, Blanch, Paul Graham, Graham, Elon Musk, nobody's, coders Musk, Musk, — Organizations: Stanford, Business, Software, Twitter, CNN, of Government Locations: Silicon Valley

In our society and our culture, and therefore in our politics, there is a growing comfort in the “ends justifies the means” mentality. (Trump’s pick, Pete Hegseth, has denied an alleged sexual assault described in a 2017 police report and was never charged.) “You crossed the line,” Holly Hunter’s character screams at William Hurt’s character, who responds: “It’s hard not to cross it. And wouldn’t it be a shame if the electorate decided that politics now belongs to the low-character crowd. For what it’s worth, I do think our political leaders and public servants should be of a higher-than-average moral character.

Persons: Logan, Jake Paul, Donald Trump’s, Pete Hegseth, Robert F, Kennedy Jr, Kennedy, ”, I’m, Bill Clinton, John F, don’t, —, There’s, Holly, William Hurt’s, We’ve, Richard Ben Cramer’s, let’s Organizations: Pentagon, Happy Locations: We’re, American

☆ Say hello to your new coworker: Autonomous AI agents are coming to banks
▼ + stars: | 2024-11-27 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Demand for AI agents is giving birth to a new class of startups and VCs hungry to invest in them. It was a topic of conversation at the Evident AI Symposium in New York on Thursday. To take AI agents a step further, technologists and startup investors are fueling a shift to so-called multi-agent systems that coordinate several AI agents to complete more complex tasks more autonomously. Well, that's still being worked out, according to a number of tech executives at the Evident AI Symposium Thursday. Heitsenrether, speaking at the Evident AI conference, told the audience that, over time, she expects AI to be seamlessly embedded in an employee's workflow.

Persons: Danny Goldman's, Michael Lacorazza, Mako, It's, Jamie Dimon, Teresa Heitsenrether, Wall, they're, Gabriel Stengel, Kristin Milchanowski, Ganesh Organizations: Finance, Mako, Khosla Ventures, Bank, Goldman, JPMorgan, BMO Financial Group, of Cambridge Locations: New York, OpenAI

☆ Miami, New York, San Jose: The top 10 big U.S. cities where residents spend the most on monthly bills
▼ + stars: | 2024-11-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

This week, bill pay service doxo released The Bill Pay Economy™ 2024. In the report, shared exclusively with CNBC Make It, doxoINSIGHTS found that Americans spend close to $3.35 trillion per year on the ten most common household bills. Using data sourced from bill pay activity on the doxo platform, and rent and mortgage numbers from the U.S. Census, they analyzed costs across the 50 largest cities in the country to rank the most — and least — expensive. "The biggest indicator of an expensive place to live is housing," Powell says. "People spend the most on where they live, whether that's mortgage or rent."

Persons: doxo, doxoINSIGHTS, Liz Powell, Powell Organizations: CNBC, Census, Utilities, Cable, Mobile, West Coast Locations: U.S, West, West Coast ., California

☆ Goldman Sachs Asset Management is fired up about the economy heading into 2025 — but serious risks are still lurking under the surface
▼ + stars: | 2024-11-27 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

AdvertisementThe global economic expansion will continue into 2025, according to Goldman Sachs Asset Management. "But it's all a give and take here, because we're also going to be seeing a lot of efficiencies come into the labor market, potentially." GSAM strategists aren't sweating about the labor market yet, but they're watching those trends closely. Despite their lofty valuations, GSAM isn't bailing on US equities. That may finally change in 2025 as China's government gets serious about economic stimulus, Wilson-Elizondo said.

Persons: Alexandra Wilson, Elizondo, Goldman, Trump's, Wilson, We're, we're, corporates —, it's, aren't, isn't, GSAM Organizations: Goldman Sachs Asset Management, Management, Trump, Companies, Goldman, Wilson

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