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The Latest Breaking News from Goldman Sachs

The 'rich pals club' where money, power and connections are linked to Tory scandals

The cast list is small but it involves three Prime Ministers, the party’s chairman and two multi-millionaires

Daily Mirror

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

The Independent UK

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs

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Tories in turmoil as Boris Johnson and Zahawi add to seatbelt gaffe Rishi Sunak's woes

As the PM reels from his fine over not wearing a seatbelt, Boris Johnson is facing fresh calls for a probe over an £800,000 loan, while Nadhim Zahawi's tax affairs are under scrutiny

Daily Mirror

Who is Richard Sharp, the BBC chairman facing calls for investigation? OLD

The former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs.

The Independent UK

Can Wall Street survive climate change?

The Federal Reserve is putting the country's biggest banks to a test

Salon

BBC chair 'helped Boris Johnson secure £800,000 loan'

BBC chairman Richard Sharp reportedly helped Boris Johnson secure a loan of £800,000 just weeks before he was recommended for the role by the…

The National (Scotland)

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Audible's CFO Cynthia Chu also leads performance marketing. Here's how she balances two jobs

“Marketing, particularly the performance marketing investment that we have, is so important for us,” Chu says.

Fortune

Keir Starmer to invoke Blair as he tells Davos the UK is ‘open for business’

Labour leader to meet bosses of Goldman Sachs, Morgan Stanley, JP Morgan and BlackRock

The Independent UK

Microsoft slashes 10,000 jobs, the latest in a wave of layoffs

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

WEKU

Goldman Sachs CEO: 'We tried to do too much, too quickly'

David Solomon called the firm’s fourth-quarter results “disappointing" and shared his thoughts on the economy during the earnings call.

Fortune

Yen slumps, Nikkei surges as Bank of Japan digs in on bond buying; ASX treads water — as it happened

The ASX went nowhere, while Japan's Nikkei stock index surged and the yen got crunched after the country's central bank defied markets to maintain its current bond buying program. Look back on our live coverage of the trading day.

ABC News

Goldman Sachs thinks the economy will actually pull off a soft landing—but adds the S&P will stay flat for a whole year

A "soft landing" doesn't mean stock market investors should celebrate. Goldman Sachs' chief U.S. equity strategist is warning the S&P 500 will end 2023 at 4,000.

Fortune

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

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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.

Salon

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

Financial Times

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

Fortune

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.

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news in one place.

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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.

The Guardian - US

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 Conversation

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.

Fortune

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.

Birmingham Post

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

Fortune

The ax falls at Goldman Sachs

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

WEKU

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.

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