Goldman Sachs Is Buying General Motors’ Credit-Card Business. Here’s Why.

Christel Deskins

Text size View of General Motors in downtown Detroit Chris Kelleher/Dreamstime Goldman Sachs is diving deeper into consumer banking. The bank is close to buying General Motors (ticker: GM) credit card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The expected deal comes one year after Goldman […]

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TREASURIES-Yields curve flattens ahead of U.S. jobs data

(New throughout) NEW YORK, Oct 1 (Reuters) – Yields on longer-dated Treasury bonds on Thursday afternoon retraced earlier gains, driving the yield curve flatter, as investors waited for closely watched federal jobs data to be released Friday morning. The spread between two- and 10-year yields flattened to 54.3 basis points […]