IE 11 is not supported. For an optimal experience visit our site on another browser.

Business Latest: 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; investors are likely to blow off both dangers.
Kurdish peshmerga troops keep watch during an intensive security deployment against Islamic State militants on the frontline in Khazer August 14, 2014.
Kurdish peshmerga troops keep watch during an intensive security deployment against Islamic State militants on the frontline in Khazer August 14, 2014.

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