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Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

May 18, 2024 10:26 AM EDT

Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

Walmart Forecast Hints at Continued Buying Power

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Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

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Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Social Security 2025: COLA on the Rise, But Will It Keep Up?

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Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Tesla Bitcoin: What if Apple and Other S&P Companies All Invest in Crypto?

After the Tesla fiasco on bitcoin purchase, which other companies are going to follow their direction?

Feb 08, 2021 08:55 PM EST

'Nope, We're Not All Investors': Robinhood Ad Receives Backlash After Super Bowl LV Airing

"Nope, we're not all investors." It seems like not all people believes in the recent Robinhood advertisement, aired in the Super Bowl LV.

Feb 07, 2021 11:06 PM EST

$15 an Hour Minimum Wage Highly Unlikely, President Biden Reveals

The President, who campaigned on raising the minimum wage to $15 an hour, is likely to cause some massive disappointment with this admission.

Feb 05, 2021 08:26 PM EST

GameStop Drama: Who Really Won the Money?

"Maybe it's not as much of just the little guy versus the big guy," JMP Securities analyst Devin Ryan explained.

Feb 05, 2021 07:30 PM EST

Stefan He Qin, Wolf of Crypto Street, Pleads Guilty Over Securities Fraud

Stefan He Qin pleaded guilty to having stolen and disbursed almost all of his $90 million flagship hedge fund. He is also charged with the attempt to get more millions of dollars from another fund to repay the investors.

Feb 04, 2021 07:48 PM EST

Deutsche Bank Slays 2020 With Unexpected Earnings, Breaking Analysts' Loss Expectations

Analysis had actually expected it to not earn a cent; instead, they saw it making a huge loss of 201 million euros. That's what happened to Deutsche Bank in 2020.

Feb 04, 2021 05:00 AM EST

Super Bowl 2021: Miller Lite Giving Away $8 To Battle Michelbob Ultra Head On

Miller Lite and Michelob Ultra have never went head-to-head like this in the past though. For years, Miller Lite and Bud Light seem to be the ones competing with each other.

Feb 04, 2021 03:00 AM EST

Parler Fires CEO John Matze After Capitol Riot Scandal

Based on the memo that Fox News was able to obtain, Matze said he was terminated and that the decision was made without his participation.

Feb 03, 2021 11:48 PM EST

President Biden Pushes $1,400 Stimulus Checks; But, Who's Eligible?

Among the elements that President Biden said he is willing to compromise on is, who will be eligible for the next round of stimulus checks. He does not want to compromise on the amount, however, claiming the size of the $1400 payment should stand.

Feb 03, 2021 10:07 PM EST

Alibaba's Future Growth Uncertain After Jack Ma Caught Chinese Government's Ire?

Alibaba has reported higher-than-expected earnings for the December-quarter. But analysts now think the earnings are not likely to be enough to secure the company's growth if the government is monitoring its every move.

Feb 03, 2021 04:00 AM EST