Goldman Sachs CEO David Solomon. Michael Kovac / Getty Images Goldman Sachs reported third-quarter earnings and revenue Tuesday that beat analysts’ expectations. The results were lifted largely by strong bond and stock trading amid a surge in market volatility. The bank also confirmed a major organizational reshuffle. Goldman Sachs beat analysts’ expectations for third-quarter earnings…
Monthly Archives: October 2022
Traders work on the floor of the New York Stock Exchange Spencer Platt/Getty Images There’s now a 100% chance the US economy will enter recession within a year, Bloomberg Economics said. Its forecast comes as tight monetary policy, inflation and growing geopolitical tensions squeeze the economy. The Biden administration has played down growing gloomy warnings…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The cost of your car insurance will depend on a host of…
Bill Ackman. Reuters/ Allen Fredrickson Bill Ackman’s Pershing Square has made about $5 billion in profits from a pair of shrewd hedges. It pocketed $2.6 billion during the pandemic crash, and has made $2.3 billion betting on rate hikes. The hedge fund’s lucrative wagers have funded more investments and helped offset portfolio declines. Bill Ackman’s…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. A cash-out refinance is a way to tap into your home equity….
The data: Major US banks reported a double-digit surge in card spending during the third quarter even as growth slowed from the post-lockdown spending boom of the same quarter last year. Read the original article on Business Insider Read More
Then-President Donald Trump (R) speaks as he is joined by House Minority Leader Rep. Kevin McCarthy (R-CA) (L) in the Rose Garden of the White House on January 4, 2019 in Washington, DC. Alex Wong/Getty Images McCarthy partly acknowledged the trouble with Trump’s refusal to accept losing the 2020 election. But the House minority leader…
Spencer Platt/Getty Images There’s still time to lock in a near 10% interest rate on inflation protected bonds from the US Treasury.I-Bonds have gained immense popularity this year given deeply negative stock market returns and high inflation.Here’s how investors can buy I-Bonds before interest rates reset later this month. I-Bonds issued by the US Treasury…
FILE PHOTO: A worker carries a pizza for delivery as he exits a Domino’s pizza store in Sydney, Australia Reuters Domino’s CEO Russell Weiner touted career opportunities for delivery drivers in a call with analysts. “Maybe there are people who are listening to the call now who are interested in drivers’ positions,” Weiner said. 95%…
Just over three years after Microsoft debuted the Xbox Elite Wireless Controller Series 2 (and a month after releasing a white version), the company is now helping players fully customize the look of the gamepad. You can personalize nearly every external part of the peripheral in the Xbox Design Lab. Players can choose different colors…