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A Goldman Sachs job is a ‘golden ticket’—over 300,000 young bankers try to get one each year
fortune.com/2024/10/07/goldman-sachs-jobs-analyst-intern-private-equity-golden-ticket-mergers-salary/
A Goldman Sachs job is a ‘golden ticket’—over 300,000 young bankers try to ...
4 trends to watch this bank earnings season: JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean for dealmaking ...
businessinsider.com/third-quarter-bank-earnings-expectations-trading-nii-jpmorgan-goldman-sachs-2024-10
4 trends to watch this bank earnings season
Top 18 stocks to buy now ahead of earnings: Goldman Sachs : Investors can either buy these names or call options on them.
businessinsider.com/top-stocks-to-buy-now-ahead-of-earnings-goldman-sachs-2024-10
Top 18 stocks to buy now ahead of earnings: Goldman Sachs
These stocks to gain in next phase of AI investment, Goldman says: As AI investment has rebounded in recent weeks, Goldman Sachs analysts recommend "platform" ...
markets.businessinsider.com/news/stocks/top-ai-stocks-microsoft-artificial-intelligence-goldman-sachs-mdb-snow-2024-10
These stocks to gain in next phase of AI investment, Goldman says
RBC Hires Goldman’s Mary Baccash for Real Estate Dealmaking: RBC Capital Markets hired Mary Baccash as a managing director in its real estate investment-banking ...
bloomberg.com/news/articles/2024-10-10/rbc-hires-goldman-s-mary-baccash-for-real-estate-dealmaking
RBC Hires Goldman’s Mary Baccash for Real Estate Dealmaking
Northern Lights spotted over Switzerland: The Northern Lights, aka aurora borealis, were visible in parts of Switzerland on Thursday evening.
swissinfo.ch/eng/life-aging/northern-lights-spotted-over-switzerland/87713861
Northern Lights spotted over Switzerland
Quick Glance: Northern Lights Visible in Switzerland
  • The Northern Lights, known as aurora borealis, were visible in parts of Switzerland.

  • Variable cloud cover made it difficult to see the stunning natural phenomenon.

  • This phenomenon occurs during geomagnetic storms and is rare in Alpine regions.

  • The colors of the aurora are formed when charged particles from the solar wind interact with oxygen and nitrogen atoms in the upper atmosphere.
Tesla stock sinks 7% after Elon Musk's robotaxi reveal disappoints investors: Musk unveiled a "Cybercab," which he said would cost less than $30,000
qz.com/tesla-stock-robotaxi-cybercab-evs-elon-musk-1851670417
Tesla stock sinks 7% after Elon Musk's robotaxi reveal disappoints ...
Trump pitches aid for Detroit automakers amid electoral battle for Midwest: The former president is calling for a combination of trade protections and new tax ...
washingtonpost.com/business/2024/10/10/trump-auto-cars-taxes/
Trump pitches aid for Detroit automakers amid electoral battle for Midwest
Quick Glance: Trump Sent Covid Tests to Russia, Kremlin Confirms
  • Russia confirmed that Donald Trump sent Covid-19 test samples to the Kremlin during the early pandemic days.

  • Kremlin spokesperson Dmitry Peskov supported journalist Bob Woodward’s claim, while Trump labeled it false.

  • Peskov noted that many countries exchanged aid shipments at the pandemic's onset, including the U.S. sending test kits to Russia.

  • These allegations raise further questions about Trump's relationship with Putin as the U.S. elections approach.
Walt Disney World Still Open Ahead Of Hurricane Milton—As Storm Projected To Take $150 Million Toll
forbes.com/sites/alisondurkee/2024/10/08/walt-disney-world-still-open-ahead-of-hurricane-milton-as-storm-projected-to-take-150-million-toll/
Walt Disney World Still Open Ahead Of Hurricane Milton—As Storm Projected ...
Trump tells Detroit he’ll make car loan interest tax-deductible: Former President Trump on Thursday laid out his pitch to strengthen the auto industry in an ...
thehill.com/homenews/campaign/4927259-trump-detroit-car-loan-interest/
Trump tells Detroit he’ll make car loan interest tax-deductible
Trump ‘God Bless the USA’ Bibles printed in China, records show: Thousands of copies of former President Trump’s “God Bless the USA” Bible were printed in China ...
thehill.com/policy/international/4924319-trump-god-bless-the-usa-bibles-printed-in-china-records-show/
Trump ‘God Bless the USA’ Bibles printed in China, records show
Quick Glance: Trump Bibles Printed in China Amid Trade Criticism
  • Thousands of copies of Donald Trump's "God Bless the USA" Bible were printed in China, despite his accusations against the country for unfair trade practices.

  • Nearly 120,000 Bibles valued at $342,000 were shipped to the U.S., with a retail price of $59.99 each.

  • The connection to China raises questions about the credibility of Trump's trade rhetoric while he profits from Bible sales.

  • The Bibles, which include U.S. founding documents, were imported by a company in Alabama, and their quality has been criticized by religious scholars.
Consumers have to pay record price for butter: A packet of butter now costs more than two euros. Industry associations can imagine that the spread will become ...
sueddeutsche.de/wirtschaft/rekordpreis-butter-deutschland-lux.KfWGRhL35XrXCoUj5uNqRJ
Consumers have to pay record price for butter
Brian Lennox: Closure of Lennox's chipper 'like a death in the family'
irishexaminer.com/news/munster/arid-41486780.html
Brian Lennox: Closure of Lennox's chipper 'like a death in the ...
Father sues Goldman Sachs for discrimination: "Sex discrimination" at Goldman Sachs: The bank fired a man after his parental leave. He says: This would not have ...
sz.de/lux.5XHEeJtTwTYQTPKMw5mDWg
Father sues Goldman Sachs for discrimination
3 charts that help explain how Trump’s tariffs would work: If former President Donald Trump returns to the White House, tariffs will once again play a major role ...
cnn.com/2024/10/13/politics/donald-trump-tariffs/
3 charts that help explain how Trump’s tariffs would work
OpenAI has $10 billion in cash to burn: The ChatGPT maker secured a credit facility from JPMorgan Chase, Citi, Goldman Sachs, and others
qz.com/openai-credit-jpmorgan-goldman-citi-1851664283
OpenAI has $10 billion in cash to burn
Quick Glance: OpenAI Secures Record $6.6 Billion Funding Round
  • OpenAI has closed a record $6.6 billion funding round, valuing the company at $157 billion.

  • The round was led by Thrive Capital, with significant contributions from Microsoft, Nvidia, and SoftBank.

  • The funds will be used to maintain leadership in AI research and cover operational costs, which are in the billions.

  • OpenAI plans to shift from a nonprofit to a for-profit structure to facilitate future investments.
Ex-Goldman CFO Returns to Wall Street Atop $55 Billion Housing Giant: Stephen Scherr, the former chief financial officer of Goldman Sachs Group Inc. ...
bloomberg.com/news/articles/2024-10-07/ex-goldman-cfo-stephen-scherr-returns-to-wall-street-at-don-mullen-s-pretium
Ex-Goldman CFO Returns to Wall Street Atop $55 Billion Housing Giant
Strong ringgit may impact local chip companies: PETALING JAYA: The strengthening ringgit against the US dollar is expected to weigh on the earnings of certain ...
thestar.com.my/business/business-news/2024/10/08/strong-ringgit-may-impact-local-chip-companies
Strong ringgit may impact local chip companies
'God Bless the USA Bible', reportedly made in China, has become synonymous with Trump
usatoday.com/story/news/politics/elections/2024/10/11/trump-bibles-made-in-china/75625791007/
'God Bless the USA Bible', reportedly made in China, has become synonymous ...
Quick Glance: Trump's Bibles Printed in China Despite Strong Rhetoric
  • Donald Trump's "God Bless the USA" Bibles were printed in China while he criticized the country for job theft.

  • Nearly 120,000 copies worth $342,000 were shipped to the U.S. between February and March.

  • The connection reveals a conflict between Trump's economic interests and his political statements.

  • Critics caution against the problematic blending of religion and politics in Trump's Bible sales.
Joseph Sumberg, a former managing director at Goldman Sachs who now works for billionaire climate investor Tom Steyer, says commercial real estate deals will ... Show more
www.bloomberg.com: Joseph Sumberg, a former managing director at Goldman Sachs Group Inc. who now works for billionaire climate investor Tom Steyer ...
bloomberg.com/news/articles/2024-10-07/ex-goldman-banker-behind-tom-steyer-fund-has-insurance-warning
www.bloomberg.com
28 stocks to buy for up to 162% earnings growth in 2025: Goldman Sachs: Goldman Sachs just raised its S&P 500 target for the fourth time in 12 months ...
businessinsider.com/stocks-to-buy-investing-strategy-earnings-growth-2025-goldman-sachs-2024-10
28 stocks to buy for up to 162% earnings growth in 2025: Goldman Sachs
Stock market outlook: Goldman Sachs boosts S&P 500 price target again: Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised ...
markets.businessinsider.com/news/stocks/stock-market-outlook-goldman-sachs-boosts-sp500-price-target-again-2024-10
Stock market outlook: Goldman Sachs boosts S&P 500 price target again
Goldman Sachs strategist lays out surprising view on stocks
miamiherald.com/news/business/article293530069.html
Goldman Sachs strategist lays out surprising view on stocks
The Next President and the Tradeoffs in U.S. Economic Policy: How to Grapple With “the New Washington Consensus”
foreignaffairs.com/united-states/next-president-and-tradeoffs-us-economic-policy
The Next President and the Tradeoffs in U.S. Economic Policy: How to ...
Quick Glance: Future of U.S. Economic Policy: Challenges and Tradeoffs
  • In April 2023, U.S. National Security Adviser Jake Sullivan criticized the neoliberal consensus that has shaped international economic policy.

  • The Biden administration has adopted a range of economic tools requiring a more systematic approach to ensure their effectiveness.

  • Amid challenges from China and the COVID-19 pandemic, there is a strong emphasis on prioritizing national security while not neglecting competitiveness.

  • Future decisions must weigh costs and tradeoffs to ensure a sustainable and equitable economic policy.
Recession odds have risen to 40%, says one portfolio manager: As Goldman decreases its recession odds, portfolio manager Zehrid Osmani is increasing his from 20% ...
businessinsider.com/recession-odds-rising-inflation-geopolitcal-concerns-surge-investing-strategy-volatility-2024-10
Recession odds have risen to 40%, says one portfolio manager
Why It’s Time to Rename the South China Sea: The sea needs a name that honors its rich history of commercial and cultural exchange, while positioning the sea as ...
thediplomat.com/2024/10/why-its-time-to-rename-the-south-china-sea/
Why It’s Time to Rename the South China Sea
Quick Glance: A New Name for the South China Sea
  • The South China Sea should be renamed to honor its rich history of trade and cultural exchange while emphasizing cooperation.

  • Various names reflect national narratives and geopolitical stakes, with each country asserting its identity and historical claims.

  • Proposals for names like the 'Southeast Asian Sea' could promote collaboration and highlight shared interests among bordering nations.

  • A new designation could foster dialogue, reduce tensions, and create a sense of shared responsibility for the sea's resources.
Goldman Sachs Prodigy Ed Eisler Is Struggling to Join the Hedge Fund Elite: Eisler Capital’s recent difficulties show just how tough it is to grab a seat at the ...
bloomberg.com/news/features/2024-10-03/goldman-sachs-prodigy-ed-eisler-is-struggling-to-join-the-hedge-fund-elite
Goldman Sachs Prodigy Ed Eisler Is Struggling to Join the Hedge Fund Elite
U.S. Recession Less Likely Now, Goldman Sachs Says. Why the Outlook Is Brighter.: “If Fed officials had known the subsequent data, they probably would have opted ...
on.barrons.com/3TZEBbY
U.S. Recession Less Likely Now, Goldman Sachs Says. Why the Outlook Is ...
Goldman Sachs has derivatives positions worth 6.7% stake in UniCredit, filing shows
reuters.com/business/finance/goldman-sachs-has-derivatives-positions-worth-67-stake-unicredit-filing-shows-2024-10-07/
Goldman Sachs has derivatives positions worth 6.7% stake in UniCredit ...
Quick Glance: Goldman Sachs Holds 6.7% Stake in UniCredit via Derivatives
  • Goldman Sachs has derivatives in UniCredit equivalent to a 6.7% stake as of September 30.

  • This position, held through Goldman Sachs International and nine subsidiaries, could make the bank a major investor in UniCredit.

  • The largest shareholder of UniCredit is BlackRock with 7.02%.

  • Barclays also holds shares and derivatives in Monte dei Paschi di Siena, which would amount to a 5.3% stake.
EU punitive tariffs against China: Will electric cars become more expensive now?: The EU has agreed on punitive tariffs against Chinese electric cars ...
zdf.de/nachrichten/wirtschaft/kfz-gewerbe-zoelle-china-e-auto-folgen-100.html
EU punitive tariffs against China: Will electric cars become more ...
Quick Glance: EU Moves Forward with Tariffs on Chinese Electric Cars
  • The EU Commission can impose additional tariffs on electric cars from China starting in November, despite Germany's opposition.

  • A vote in Brussels did not yield a sufficient majority against tariffs, which could reach up to 35.3 percent.

  • The German government was initially divided until Chancellor Scholz made a decision, while the EU Commission emphasized continued negotiations with China.

  • German car manufacturers are calling for a negotiation solution to avoid a trade conflict and warn of negative impacts from the tariffs.
Popular Exeter bar closes suddenly: New plans have come forward
devonlive.com/news/devon-news/terrace-exeter-closes-suddenly-amid-9626667
Popular Exeter bar closes suddenly
Who will pay for Trump’s tariffs? You will, America.: The Trump tariff plan is an extreme exercise in self-inflicted economic damage, magnifying the harm from ...
thehill.com/opinion/finance/4896673-trump-tariffs-economic-disaster/
Who will pay for Trump’s tariffs? You will, America.
Goldman eyes Brent outlook rise due to Iranian supply risks: Goldman Sachs said on Friday that it expects its Brent price forecast to peak $10-$20 per barrel in ...
reuters.com/markets/commodities/goldman-eyes-brent-outlook-rise-due-iranian-supply-risks-2024-10-04/
Goldman eyes Brent outlook rise due to Iranian supply risks
British trading platform CMC Markets forecasts 45% growth in H1 profit: British trading platform CMC Markets forecast a 45% rise in first-half net operating ...
reuters.com/markets/europe/british-trading-platform-cmc-markets-forecasts-45-growth-h1-profit-2024-10-09/
British trading platform CMC Markets forecasts 45% growth in H1 profit
Donald Trump’s $100,000 watches: his tackiest, most extortionate merchandise yet?
theguardian.com/us-news/2024/sep/30/donald-trump-watches-merchandise
Donald Trump’s $100,000 watches: his tackiest, most extortionate ...
Continental Said to Pick Goldman, JPMorgan for Car Parts Spinoff: Continental AG has lined up banks to help with the separation of its struggling car parts ...
bloomberg.com/news/articles/2024-10-07/continental-said-to-pick-goldman-jpmorgan-for-car-parts-spinoff
Continental Said to Pick Goldman, JPMorgan for Car Parts Spinoff
HPL requests trading halt ahead of Ong Beng Seng's expected charging over Iswaran case
channelnewsasia.com/singapore/ong-beng-seng-hpl-trading-halt-court-charges-iswaran-case-jail-4658301
HPL requests trading halt ahead of Ong Beng Seng's expected charging over ...
Quick Glance: Ong Beng Seng Charged with Bribery and Obstruction
  • Ong Beng Seng was charged on October 4, 2024, in Singapore for allegedly abetting a public servant to obtain valuable items and for obstructing justice.

  • These charges are linked to the recent sentencing of former transport minister S. Iswaran, who received a year in prison for similar offenses.

  • Ong is accused of facilitating a payment of S$5,700 for Iswaran's business-class flight to Doha between May 18 and May 25, 2023, with the intent to obstruct justice.

  • If convicted, Ong could face up to two years in prison for the bribery charge and up to seven years for the obstruction charge.
SWIFT to trial live digital currency transactions next year: Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital ...
reuters.com/technology/swift-trial-live-digital-currency-transactions-next-year-2024-10-03/
SWIFT to trial live digital currency transactions next year
Don't expect mortgage rates to fall much further this year: Goldman Sachs forecasts the 30-year conforming mortgage rate falling to 6.0% by year-end
qz.com/mortgage-rates-goldman-sachs-forecast-federal-reserve-1851664661
Don't expect mortgage rates to fall much further this year
Why Not pub, Cradley: Heartbreak as pub closes: A 200-year-old Cradley pub has closed with the heartbroken landlady saying "we just cannot continue."
halesowennews.co.uk/news/24632149.not-pub-cradley-heartbreak-pub-closes/
Why Not pub, Cradley: Heartbreak as pub closes
Goldman Sachs Forecasts Gold to Hit $2,900 per Ounce by 2025: Goldman Sachs has raised its gold price forecast to $2,900 per ounce for early 2025 ...
riotimesonline.com/goldman-sachs-forecasts-gold-to-hit-2900-per-ounce-by-2025/
Goldman Sachs Forecasts Gold to Hit $2,900 per Ounce by 2025
China, North Korea mark 75th anniversary of ties with vows of cooperation: SEOUL: The leaders of China and North Korea vowed on Sunday (Oct 6) to enhance ...
channelnewsasia.com/east-asia/china-north-korea-mark-anniversary-diplomatic-relations-vow-cooperation-4661146
China, North Korea mark 75th anniversary of ties with vows of cooperation
Hyatt deletes Facebook post amid online backlash: Hyatt Regency Trinidad has deleted a Facebook post stating that, starting November 1, it will no longer accept ...
trinidadexpress.com/business/hyatt-deletes-facebook-post-amid-online-backlash/article_714e04b4-833b-11ef-8999-6342b47be90b.html
Hyatt deletes Facebook post amid online backlash
Quick Glance: Hyatt GM apologizes for inaccurate payment announcement
  • The general manager of Hyatt Regency Trinidad, Michael Hooper, stated that a Facebook post regarding cashless payment options was prematurely and inaccurately issued.

  • Currently, Hyatt Regency Trinidad will not be making any changes to its payment process.

  • Hooper expressed regret for any confusion or inconvenience caused by the misleading post.

  • The original post announced that starting November 1, T&T dollars would no longer be accepted, leading to significant backlash.
Archaeologists unearth more than 50 Viking skeletons at huge burial site: The skeletons were buried alongside artifacts from far beyond Denmark’s borders ...
richmond.com/news/nation-world/science/viking-burial-site-found-denmark/article_d844f572-f2f5-5fb2-8d20-29253abdf791.html
Archaeologists unearth more than 50 Viking skeletons at huge burial site
Quick Glance: Discovery of Over 50 Viking Skeletons in Denmark
  • Archaeologists in Denmark have unearthed more than 50 exceptionally preserved skeletons in a large Viking burial site.

  • Excavations at the Åsum site, dating back to the 9th and 10th centuries, revealed extensive Viking trading networks.

  • Notably, a woman's skeleton was found buried in a cart with valuable items, indicating her social status.

  • This discovery provides unique opportunities for scientific analyses regarding the health, diet, and origins of those buried.
Davante Adams trade rumors: Here's what Saints' Derek Carr thinks about possible reunion with star receiver
cbssports.com/nfl/news/davante-adams-trade-rumors-heres-what-saints-derek-carr-thinks-about-possible-reunion-with-star-receiver/
Davante Adams trade rumors: Here's what Saints' Derek Carr thinks about ...
Quick Glance: Davante Adams: Potential Trade Destinations and Market Overview
  • The Raiders are considering trading Davante Adams before the November 5 deadline, as the partnership has not met expectations.

  • Adams, turning 32 in December, shows signs of decline, posting below-average statistics in the past season.

  • The Raiders are hopeful to secure a second-round pick and additional compensation for Adams, though this expectation may be optimistic.

  • Teams such as the Kansas City Chiefs, New York Jets, and Washington Commanders may be interested in a trade, each facing unique challenges.
OpenAI now has a $4 billion credit line on top of $6.6 billion in funding: OpenAI has access to even more money after revealing it has established a new $4 ...
engadget.com/ai/openai-now-has-a-4-billion-credit-line-on-top-of-66-billion-in-funding-163230350.html
OpenAI now has a $4 billion credit line on top of $6.6 billion in funding
The World Is Abandoning the WTO: And America and China Are Leading the Way: America and China are leading the way.
foreignaffairs.com/united-states/world-abandoning-wto-china-leading-way-kristen-hopewell
The World Is Abandoning the WTO: And America and China Are Leading the Way
4 reasons China stock-market rally will extend another 20%: Goldman Sachs: China's stock rally is far from over, with 15% to 20% more upside ahead ...
markets.businessinsider.com/news/stocks/china-stock-market-rally-outlook-bullish-drivers-stimulus-goldman-sachs-2024-10
4 reasons China stock-market rally will extend another 20%: Goldman Sachs
Ex-Goldman Banker Heyman Becomes CEO of Desmarais Firm Power Sustainable: Power Sustainable, an investment firm controlled by Canada’s billionaire Desmarais ...
bloomberg.com/news/articles/2024-10-02/ex-goldman-banker-heyman-becomes-ceo-of-desmarais-firm-power-sustainable
Ex-Goldman Banker Heyman Becomes CEO of Desmarais Firm Power Sustainable
US ports strike causes first shutdown in almost 50 years: The strike is set to significantly disrupt trade, creating uncertainty ahead of the US election.
bbc.com/news/articles/c3vkdp3rx17o
US ports strike causes first shutdown in almost 50 years
Quick Glance: U.S. Port Strike Poses Major Economic Threat
  • Thousands of dockworkers on the East and Gulf Coasts are striking, potentially costing the economy up to $5 billion daily.

  • The International Longshoremen’s Association (ILA) is demanding higher wages and protection against automation after negotiations with the United States Maritime Alliance (USMX) failed.

  • This strike is the first since 1977 and could impact 51% of the nation’s port capacity, leading to significant delays across various industries.

  • President Biden has indicated he will not intervene in the strike, despite a coalition of trade associations urging him to invoke the Taft-Harley Act.
A 21-mile-wide channel is key to cheap gas. It’s under threat: Global oil prices have spiked in recent days as the conflict in the Middle East has reached fever ...
cnn.com/2024/10/08/energy/strait-of-hormuz-iran-oil-prices/
A 21-mile-wide channel is key to cheap gas. It’s under threat
3 teams that could trade for Bruins' Jeremy Swayman: Jeremey Swayman's contract talks with the Boston Bruins took a turn this week, prompting the question ...
sportsnet.ca/nhl/article/3-teams-that-could-trade-for-bruins-jeremy-swayman/
3 teams that could trade for Bruins' Jeremy Swayman
Quick Glance: Swayman Contract Talks: Bruins at a Critical Juncture
  • The Bruins face a critical juncture as their top goalie, Jeremy Swayman, remains unsigned amidst stalled contract negotiations.

  • With $8.64 million in salary-cap space, uncertainty grows regarding Swayman's worth and the team's prospects for the season.

  • Swayman is reportedly seeking an eight-year deal worth $9.5 million per season, which would make him the second-highest-paid goalie in the league.

  • The Bruins have until December 1 to sign Swayman; otherwise, he will be unable to play in the NHL this season.
China holds off on fresh stimulus but 'confident' will hit growth target
channelnewsasia.com/business/china-economy-growth-target-markets-stimulus-4664951
China holds off on fresh stimulus but 'confident' will hit ...
Not a dying business: Singapore’s death trade is thriving as its population ages: The upcoming My Community Festival features events and experiences related to ...
straitstimes.com/singapore/not-a-dying-business-singapore-s-death-trade-is-thriving-as-its-population-ages
Not a dying business: Singapore’s death trade is thriving as its ...
Gold price outlook: Metal to rise 9% to record highs in 2025, Goldman says: Central banks have been buying 15% of global annual gold production ...
markets.businessinsider.com/news/commodities/gold-price-target-outlook-record-highs-early-2025-goldman-sachs-2024-10
Gold price outlook: Metal to rise 9% to record highs in 2025, Goldman says
OpenAI on the rise: $157 billion valuation after financing round: The developer of Chat-GPT has raised the impressive sum of 6.6 billion dollars ...
nzz.ch/technologie/bewertung-von-157-milliarden-dollar-open-ai-ist-nun-so-viel-wert-wie-goldman-sachs-und-uber-ld.1851283
OpenAI on the rise: $157 billion valuation after financing round
Will China’s Stock Market Keep Skyrocketing?: Chinese equities are now the best-performing in the world this year but Wall Street isn’t convinced it can last.
inc.com/phil-rosen/china-stock-market-outlook-investors-equities-fed-beijing-wall-street/90985778
Will China’s Stock Market Keep Skyrocketing?
Knicks trade for Karl-Anthony Towns: New York reportedly sends Julius Randle, first-round pick to Timberwolves
cbssports.com/nba/news/knicks-trade-for-karl-anthony-towns-new-york-reportedly-sends-julius-randle-first-round-pick-to-timberwolves/
Knicks trade for Karl-Anthony Towns: New York reportedly sends Julius ...
Quick Glance: Knicks Bolster Roster with Karl-Anthony Towns Acquisition
  • The Minnesota Timberwolves are close to finalizing a trade sending Karl-Anthony Towns to the New York Knicks.

  • In exchange, the Timberwolves would receive Julius Randle, Donte DiVincenzo, and a protected first-round pick from the Knicks.

  • The deal will require a third team to accommodate salary restrictions.

  • Towns is expected to enhance the Knicks' offensive capabilities while the Timberwolves adjust their roster for new contracts.