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The Latest Breaking News from Goldman Sachs

Actually, massive layoffs haven’t happened—yet

Layoff announcements dominate the headlines, yet national employment data shows discharge rates are still low. What gives?

Fortune

The companies that had the best shareholder return in the previous recessions did these three key things

Despite what you'd think from the latest string of job cuts, history has shown that businesses that made long-term strategic moves before an economic downturn came out on top.

Fortune

Are voters stuck with George Santos?

The newly elected fabulist's web of lies won't necessarily get him ejected, but it raises ethical concerns

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

What the end of the US shale revolution would mean for the world

Fracking catapulted America to the top of the energy hierarchy, but low yields and a lack of reinvestment threaten that position

Financial Times

Miami to escape the home price correction in 2023 while 'overheated' housing markets like Austin get hammered, says Goldman Sachs

Goldman Sachs once again cuts its home price outlook. Here are the regional numbers.

Fortune

Goldman Sachs employees were laid off at ‘meetings’ they had been emailed calendar invites for: Report

Add “David’s Demolition Day” at Goldman Sachs to the debate on proper layoffs etiquette.

Fortune

Serial liar George Santos is the politician Americans deserve

The congressman’s many lies are the product of a political system that incentivizes dishonesty and punishes sincerity

The Guardian - US

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Voters have few options to remove George Santos from Congress – aside from waiting until the next election

There are mounting calls from both politicians and voters to force the newly elected apparent fabulist U.S. Rep. George Santos from Congress following revelations he fabricated his background and other details of his life.

The Conversation

Goldman Sachs employees are back in the office—but not like they used to be

In-person work at Goldman Sachs still hasn’t bounced all the way back, and CEO David Solomon worries that the top investment bank could lose its culture—and its edge.

Fortune

The 50 best UK companies to work for in 2023

Employment website Glassdoor has put together its list of the top businesses in the country to work for this year

Birmingham Post

The ax falls at Goldman Sachs

The round of cuts began in Asia, and continued through the workday in New York.

Fortune

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

WEKU

All major businesses demanding workers return to the office from Tesla to Disney

As hybrid working becomes the norm, we have created a round-up of the major companies and businesses that have turned their back on the policy and want their staff to return to in-person work

Daily Mirror

Goldman Sachs prepares to axe 3,200 jobs - reports

US investment banking giant is expected to start culling staff from this week

Birmingham Post

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The Guardian - UK

First Thing: Lula vows to punish Bolsonaro supporters who stormed congress

President tours scene of riot and orders federal government to take control of policing in Brasília. Plus, the treasure hunt for £15m Nazi hoard

The Guardian - UK

Goldman Sachs to start cutting up to 3,200 jobs this week

Redundancies expected to be concentrated in investment banking division and consumer arm

The Independent UK

Goldman Sachs prepares to axe 3,200 jobs amid cost-cutting – reports

Institutional banks have been struck a major slowdown in activity in recent months due to volatility in the global financial markets

Fortune

No more free coffee and layoff warnings—Goldman Sachs workers experience a rude awakening

Goldman Sachs workers are on edge: David Solomon has warned of potential layoffs and has pulled back free coffee perks.

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news in one place.

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Fortune

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Salon

Corporate money fuels SCOTUS group

Chevron, Goldman Sachs and anti-abortion activists donated to Supreme Court nonprofit, reports New York Times

Liverpool Echo

'You guys cost us a lot of money' - Liverpool takeover move fell through due to worries about 'negative press'

RedBird Capital founder and managing partner Gerry Cardinale had explored a purchase of Liverpool in 2009

Daily Mirror

New congressman admits lying about background and pretending to be 'Jew-ish'

Republican rep for New York, George Santos, admitted "sins" of "embellishing" his resume and that his false claim of being Jewish was due to a tenuous maternal link, which he refered to as being "Jew-ish"

The New Daily

Newly elected US congressman admits his life story is all made up

From his education, to his heritage, George Santos has admitted he "embellished" during his successful campaign.

Salon

Democrats call for GOP faker to quit

George Santos says he's sorry for "having embellished his résumé" — but his claim to be Jewish might sink him

Tribune News Service

Looking for votes, GOP leader McCarthy might have to look past Rep.-elect Santos' serial fabrications

WASHINGTON — U.S. Rep.-elect George Santos’ serial fabrications about his life story sets up a key test for Republican leader Kevin McCarthy, who’s struggling to win next week’s vote for House speaker.

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Luiz Inácio Lula da Silva

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