Economists expect slightly slower but still strong job growth in January, while the impact of corporate layoff announcements is unclear.Consensus forecasts predict 187,000 new non-farm payrolls in January, compared to…
My top 10 things to watch Wednesday, January 18 1. "Mild recession" are the new watchwords. We'll be talking about this concept and how to play it during our "monthly…
Goldman Sachsthe well-known investment bank, plans to cut up to 8% of its employees as it prepares for a tougher environment next year, according to a person with knowledge of…
Goldman Sachsthe well-known investment bank, plans to cut up to 8% of its employees as it prepares for a tougher environment next year, according to a person with knowledge of…
People walk at the New York Stock Exchange on May 12, 2022 in New York City.Spencer Platt | Getty Images News | Getty ImagesInvestment bankers hit by a slump in…
New pictures | Stone | Getty ImagesA lousy stock market is often no reason for investors to rejoice. But for the ultra-rich, it may offer a way to cut property…
Weaker US borrowers are starting to miss payments and default on their loans, and it's showing up in a surprising place: Goldman Sachs.While competitors like Bank of America are enjoying…
Guests are socially distanced on rides like Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey.Kenneth Kiesnoski/CNBCFind out which companies are making headlines in the…
JPMorgan Chase said Thursday that second-quarter profits fell as the bank built up $428 million in bad debt reserves and suspended share buybacks.These actions reflect the increasingly cautious position of…
The disconnect between healthy business performance and struggling stock prices in 2022 will likely continue for megabanks through this year's second quarter earnings season, amid a bear market for equities.Investors…