Kurdish peshmerga troops keep watch during an intensive security deployment against Islamic State militants on the frontline in Khazer August 14, 2014.
Reuters

Business Latest: Goldman: Don’t sweat Russia, Iraq

 

GOLDMAN: DON’T SWEAT RUSSIA, IRAQ: Neither the airstrikes on Iraq nor the sanctions on Russia are likely to have a big impact on the U.S. economy, and investors are likely to keep blowing off both geopolitical dangers, according to Goldman Sachs and other strategists. Read more

WAL-MART’S HIGHER HEALTH COSTS: Wal-Mart initially assumed $330 million in annual healthcare related costs, and are now estimating it will be $500 million, a combination of higher than expected enrollment and healthcare cost inflation. Read more  

STARTUPS FUEL THE FREELANCE ECONOMY: While 90 million Americans are ‘out of the workforce,’ a range of startups are leveraging new technologies to help people with a wide range of skills make a living, while providing consumers with services from housecleaning to copywriting at a discount. Read more 

STOCKS CLOSE UP IN LIGHT VOLUME TRADE ON EASING GEOPOLITICS: Read more

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Business Latest: Goldman: Don't sweat Russia, Iraq