Them's Fightin' Words

Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households. "Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of...

US Intelligence Assets Said To Descend On Cuba Authored by John Weeks via News.Anti-War.com, Writing in POLITICO on Tuesday, Dasha Burns and Nahal Toosi reported that in recent months the US intelligence community has “sent spies and assets” to Cuba. Specifically, they reported the CIA has increased its presence on the island, which sits approximately 90 miles south of Florida.    Burns and Toosi based their reporting on interviews with “two people familiar with the Trump administration’s plans for the island,” who were left anonymous due to the “sensitive” nature of the information they...

Goldman Breaks Down Build America 250 Impact On Construction Stocks The Build America 250 bill is a proposed transportation infrastructure funding package covering federal projects between 2027 and 2031 and would succeed the Biden-era Infrastructure Investment and Jobs Act, which expires in the coming months. Goldman analysts, led by Ben Rada Martin, stated that the Build America 250 bill has cleared House committee approval with limited amendments, providing greater clarity around $580 billion for highways, bridges, and other transportation infrastructure. One main point from the Goldman note is that Build America 250...