Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs Off Dei
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Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies
Comments from Wall Street bosses come as president’s import tariffs fuel US recession fearsFinancial Times - 1d -
Goldman Sachs flinches and lowers its S&P 500 target. The mechanics are the interesting part.
It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.MarketWatch - 1d -
Winners and losers from the Wall Street sell-off
‘Ignored stocks’ outperform as Big Tech and banks slideFinancial Times - 1d -
How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to the top of fintech.CNBC - 1d -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 2d -
Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort
Intel shares popped more than 14% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.CNBC - 14h -
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want "lower tariffs everywhere.” ...The Hill - 1d -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 3d -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 3d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 3d -
Fed Governor Michelle Bowman Is Trump’s Pick for Wall Street’s Top Cop
If confirmed, she is likely to usher in a more hands-off approach to financial regulation than her predecessor’s.The New York Times - 1d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 2d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - 3d -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 4d -
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.CNBC - 6d -
‘Yellowstone’ star Barret Swatek is ditching her $65 million Hawaii hideaway to move back to Alabama
Swatek and her husband, Adam Weiss, are preparing to auction off the extravagant, beachfront Hawaii mansion.MarketWatch - 1h -
A Bad Day on Wall Street
Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.The New York Times - 3d -
Wipeouts on Wall Street
Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equityFinancial Times - 3d -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 5d -
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.NBC News - 20h -
HUD rejects Asheville's Helene recovery plan because of its DEI targets
The U.S. Department of Housing and Urban Development (HUD) rejected Hurricane Helene repair efforts in Asheville, N.C., because the city’s proposed recovery plan features a diversity, equity and ...The Hill - 2d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 5d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 2d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 3d -
Drugmaker merger turns the page on a dark chapter of US history
Real-world pain lies behind a big win for several Wall Street vulture fundsFinancial Times - 16h -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 16h -
British workforce assesses US backlash against diversity rules
Companies in American-owned groups are most exposed, although UK law will make it difficult to remove all safeguardsFinancial Times - 4d -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - 1d -
Another strategist chops his S&P 500 target — but for a different reason than the Goldman Sachs reduction
Ed Yardeni fears a potential stagflationary impact even as keeps his earnings estimates unchanged.MarketWatch - 21h -
Vance's mother-in-law pushed for DEI at her California university, CBS News finds
The Trump administration has been steadfast in its opposition to diversity, equity and inclusion initiatives. A CBS News investigation finds that those anti-DEI positions conflict with the work ...CBS News - 1d -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 2d -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 1d -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Coterra Energy and Walmart.CNBC - 4d -
Wall Street loses hope in a ‘Trump put’ for markets
US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investorsFinancial Times - 2d -
Ulta Beauty CEO says investments in growth ‘will take time’ to pay off, but shares still rally
Beauty-products retailer Ulta Beauty’s stock climbed after hours Thursday, after the company offered a full-year forecast that was shy of Wall Street’s estimates but fourth-quarter results that ...MarketWatch - 10h -
The US Army Is Using ‘CamoGPT’ to Purge DEI From Training Materials
Developed to boost productivity and operational readiness, the AI is now being used to “review” diversity, equity, inclusion, and accessibility policies to align them with President Trump’s orders.Wired - Mar. 6 -
Hollywood's DEI commitments were slipping even before Trump. Now they're vanishing fast
There's been a slow retreat for years from diversity, equity and inclusion initiatives at studios and entertainment companies, experts say.Los Angeles Times - 6d -
You Are Probably Wildly Underestimating How Many Americans Support DEI, New Study Shows
How popular is diversity and inclusion in Trump’s America, really? A new study suggests whatever you’re thinking, you’re probably wrong.Inc. - 2d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 4d -
Trump taps Michelle Bowman as Fed vice-chair for supervision
Champion of light regulation expected to be welcomed by Wall StreetFinancial Times - 1d