Goldman Sachs to Post 400 Million Hit to Thirdquarter Results As It Unwinds Consumer Business
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Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 11h -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - 1d -
Goldman Sachs to deepen exposure to booming private credit industry
Wall Street bank is building new unit to service and compete with private investment firmsFinancial Times - 1d -
U.S. stocks are falling. Here’s why Goldman says to stay invested in 2025.
Here’s why it worth staying invested in the U.S. stock market despite the recent rout and higher bond yields, according to Goldman Sachs Group’s wealth-management businessMarketWatch - 1d -
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...MarketWatch - 1d -
Why $10 Million Is the Hardest Number for Startups to Hit
It’s a wonderful mirage, but it rarely works, so why do we keep falling for it?Inc. - 1d -
Alice Weidel: the former Goldman analyst leading Germany’s far-right
AfD candidate for chancellor uses party conference to try and ride wave propelling populists in Europe and US to powerFinancial Times - 2d -
Boxing schedule and results 2025
Schedule and results for the biggest boxing fights in 2025.Yahoo Sports - 3d -
Sarah Hoover Dishes on Her Life with Tom Sachs in a New Memoir
In a new memoir, Sarah Hoover grapples with the uglier moments that she and her husband, the artist Tom Sachs, have faced while navigating parenthood.The New York Times - 4d -
As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’
The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.The New York Times - 4d -
DOJ Sues to Block Global Business Travel Group's $570 Million Deal for CWT Holdings
Global business Travel Group — also known as Amex GBT — was trying to avoid a future business loss to CWT by buying the company, the DOJ alleges.The Wall Street Journal - 4d -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 4d -
Germany to invest €400 million in upgrading naval aviation
Yahoo News - 4d -
Goldman’s top economist doubts Trump can make good on campaign promises
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts Donald Trump’s incoming administration will be able to make good on its ...MarketWatch - 4d -
Even the house can lose: Why FanDuel owner Flutter took a $370 million hit on NFL games
Flutter said this football season has seen the most “customer-friendly” NFL outcomes since the launch of online sports betting.MarketWatch - 5d -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - 5d -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - 6d -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - 6d -
A silver lining to this sluggish market — plus, more evidence that Goldman is right to own
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 6d -
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.CBS News - Jan. 7 -
Nvidia CEO Pitches Robotics, Cars as Growth Areas to Consumer-Electronics Audience
Jensen Huang’s address at CES followed a trading session that sent Nvidia’s value to $3.66 trillion.The Wall Street Journal - Jan. 7 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - Jan. 7 -
Consumer Electronics Show 2025 underway in Las Vegas
The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.CBS News - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Jim Cramer explores why consumer goods stocks are seeing losses
CNBC's Jim Cramer reviewed Monday's market action and gave his take on why a large swath of stocks are notching losses.CNBC - Jan. 6 -
US winter storm leaves four dead as millions hit by snow, ice and bitter cold
Hundreds of thousands left without power and flights canceled as state of emergencies declared in several states. Millions of Americans were hit by a major winter storm on Monday that brought heavy ...The Guardian - Jan. 6 -
Harris on certifying the 2024 election results
Vice President Kamala Harris commented on the 2024 election certification process in Congress four years after the Capitol attack. Harris carried out her duty presiding over a joint session of ...CBS News - Jan. 6 -
Winter storm brings power outages, leaving consumers in the dark
Hundreds of thousands of households across southern and eastern U.S. states were without power Monday.CBS News - Jan. 6 -
How the Biden administration will help certify the 2024 election results
Vice President Kamala Harris will preside over a joint session of Congress for the certification of the 2024 election. CBS News' Ed O'Keefe reports four years after the Capitol riots on Jan. 6, 2021.CBS News - Jan. 6 -
LG rolls out new AI services to help consumers with daily tasks
LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office.VentureBeat - Jan. 6 -
Geno Smith hit $6 million in contract escalators on Sunday
The Seahawks were out of playoff chances heading into Week 18, but they still had a shot to end the year with 10 wins and quarterback Geno Smith did his all to get the team to double digits.Yahoo Sports - Jan. 6 -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - Jan. 5 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
ATF chief warns that agency cuts could result in dire consequences
Congressional Republicans proposed $188 million in cutbacks to the agency this year, alleging the ATF overreaches and places too many restrictions, including on pistol braces.CBS News - Jan. 4 -
How hidden credit card fees impact consumers and businesses
The start of 2025 brought an increase in fees from the biggest credit card companies in the U.S. that may have you paying more the next time you swipe a card. NBC’s Vicky Nguyen reports for TODAY.NBC News - Jan. 4 -
Apple's Siri settlement could mean money for consumers — what to know
Apple will pay $95 million to settle allegations that its Siri virtual assistant violated people's privacy by eavesdropping on mobile device users.CBS News - Jan. 3 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
How Business Owners Can Energize Their Teams and Hit Big Goals in 2025
Ditch predictable plans and inspire your team with bold moves and honest conversations.Inc. - Jan. 3 -
Giving Kids Some Autonomy Has Surprising Results
Letting them take some responsibility for their choices is what prepares them for adult life.The New York Times - Jan. 2 -
Fiesta Bowl score, results: Penn State takes care of business against Boise State to advance to CFP semifinals
Penn State is a win away from the national title game.Yahoo Sports - Dec. 31