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Investors Look to Corporate Reports With Low Expectations
Posted inCompany Reports Corporations Inflation (Economics) Layoffs and Job Reductions Standard & Poor's 500-Stock Index United States Economy

Investors Look to Corporate Reports With Low Expectations

As companies prepare to publish their latest financial results, Wall Street forecasters expect profits to fall for the first time since the early days of the pandemic.
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Posted by By Joe Rennison
Goldman Sachs Begins Large Round of Layoffs
Posted inBanking and Financial Institutions Goldman Sachs Group Inc Layoffs and Job Reductions Marcus by Goldman Sachs Solomon, David M

Goldman Sachs Begins Large Round of Layoffs

The investment bank plans to cut up to 3,200 jobs, or roughly 6 percent of its work force, as it faces economic challenges and cuts costs after an expensive foray into consumer lending.
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Posted by By Lauren Hirsch
Coinbase Lays Off Another 20% of Employees
Posted inCoinbase Inc Labor and Jobs Layoffs and Job Reductions Virtual Currency

Coinbase Lays Off Another 20% of Employees

The cuts at the cryptocurrency exchange come after nearly a fifth of employees were let go in June, as crypto markets teeter and tech companies rethink their growth plans.
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Posted by By Isabella Simonetti
The Week in Business: Slowing Job Growth
Posted inFederal Reserve System Inflation (Economics) Labor and Jobs Layoffs and Job Reductions Stocks and Bonds United States Economy

The Week in Business: Slowing Job Growth

Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.
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Posted by By Marie Solis

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