The Wall Street bank recorded nearly $4 billion in profit, beating analyst expectations in a tough quarter for big banks.
Category: Goldman Sachs Group Inc
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Inflation Comes for the Housing Market
Prices and mortgage rates are climbing as Wall Street bets that interest rates will remain higher for longer.
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The Worst Part of a Wall Street Career May Be Coming to an End
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.
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Goldman Sachs Sticks the Landing at End of Tumultuous Year
The Wall Street bank earned $2 billion in the fourth quarter, beating expectations, after a period marked by management missteps.
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Wall Street strategists’ bull and bear scenarios for 2024.
Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
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For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its turnaround.
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Warning of ‘Grave’ Errors, Powerful Donors Push Universities on Hamas
Wall Street financiers are pressing elite schools to condemn criticism of Israel. Amid pressure, the University of Pennsylvania on Sunday issued a statement referring to Hamas’s attack as terrorism.
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Goldman Sachs Sells GreenSky BNPL Business
Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.
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McCarthy’s Ouster Adds to Market Jitters
Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.
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$100 Oil Could Scramble the Fed’s Efforts to Ease Inflation
Goldman Sachs and others are predicting that crude will hit triple-digit prices, a scenario that could impact global economic growth.
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Investors Feel Anxious Despite Falling Odds of a Recession
Some economists are playing down the chances of an economic downturn. But investors and voters aren’t feeling nearly as optimistic.