An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
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President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
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An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
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The Times updated an article detailing a previously unreported accusation against Justice Kavanaugh from when he was a Yale University student, noting that "the female student...Politicsread more
The U.S. faces less oil-shortage risk after weekend strikes on Saudi facilities because America has been aggressively developing its own domestic resources in recent years,...Oilread more
Purdue's board approved the much-anticipated bankruptcy filing, days after reaching a tentative deal to settle some 2,000 opioid lawsuits.Health and Scienceread more
Blankfein was speaking in an interview with MSNBC's "Morning Joe" on the challenges for small-business owners. In his appearance, the Goldman chief said, in contrast, the economy is "pretty good."
"If you were frozen in an iceberg for four years and ... you woke up, came out, thawed and you saw an economy that's full employment, low energy prices, basically balance sheets have been cured, a lot of cash again, low rates, you think ... it's pretty good," he told MSNBC.
"People may not like the job they have in every case, they never do," he said. "Financial conditions and economic conditions are really not as bad as politics would suggest."
Blankfein also said the U.S. needs to stay focused on wealth generation — even as there's more stress over wealth distribution. That's for the politicians, he added.
He spoke after U.S. stocks closed higher Tuesday as the Dow Jones industrial average reached another milestone. The 30-stock index rose 72.80 points to close at a record 21,963.92, with 3M and Goldman Sachs contributing the most gains.
Also on MSNBC, sitting alongside Blankfein, billionaire Michael Bloomberg said all the job growth in the United States is from small business.
"People are moving from big companies to small companies," the former New York mayor said. "Small companies have the advantage of that they're typically local, they're typically where you can get some ownership in them and typically where you can bring your skills to bear without being overburdened and having to retrain," he said.
Third quarter GDP tracking at 2.5%