Goldman Sachs

Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.

Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley increased their dividends on Monday after they cleared the Fed's annual stress test exercise last week.

Though Goldman Sachs is skeptical of both cryptocurrency exchanges, its analysts believe Robinhood offers a "more balanced risk reward."

The U.S. economic outlook is darkening, according to a group of Goldman Sachs strategists, who raised the odds of a recession in the next two years to 48%.

The Federal Reserve may successfully engineer a "soft landing," and bring inflation down without causing a recession, according to Goldman Sachs economists.

Stock equities are likely to see further losses, according to Goldman Sachs strategists, until the Federal Reserve signals that interest rate hikes are coming to an end.

Partnership for New York City president and CEO Kathryn Wylde says Mayor Eric Adams, Gov. Kathy Hocul, NYPD and MTA leadership need public support for stronger measures ranging from "prosecution of fare evasion to ankle bracelets for felons awaiting trial to institutionalization of the seriously mentally ill."

The index has already plunged in recent weeks as concerns over sky-high inflation, rising interest rates and a darkening economic outlook continue to weigh on the market.

Former Goldman Sachs CEO Lloyd Blankfein said on Sunday that he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation.

An investment fund backed by Goldman Sachs has recently purchased an entire community of 87 single-family rental homes in Central Florida for just over $45.7 million, according to reports.

Goldman Sachs and JPMorgan Chase are both mulling the possibility of covering the travel cost for employees seeking an abortion, according to a new report.

Goldman Sachs strategists led by Jan Hatzius said the probability of an economic downturn within the next 24 months is 38%.

The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists.

The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions. Financial terms of the deal were not disclosed.

Global markets may be underestimating the downside risks posed to stocks by the ongoing war between Russia and Ukraine, according to Goldman Sachs strategists.

Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.

Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.

Private-equity firm Sycamore Partners and Canada’s Hudson’s Bay plan to submit takeover bids for Kohl’s Corp. that could value Kohl’s above $9 billion, according to people familiar with the matter.

Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending.

Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.