Short Sellers Are Down $81 Billion This Year
WSJ says short sellers feel the pain in the stock market's 2023 rally as losses amount to more than $81 billion this year so far.
These Companies Are Facing Massive Layoffs This Year
Which companies are laying off employees in 2023? Here's a list of 7 big companies you know that plan to lay off the workforce this year.
Goldman Sachs Lays Off 3,200 Employees and Cuts Salaries
Goldman Sachs said on Jan. 17 it had laid off around 3,200 employees as part of a headcount reduction, per Reuters. The bank said its board had awarded Chief Executive David Solomon compensation of $25 million for his work in 2022, compared with $35…
Where Is the Stock Market Headed in 2023?
Where is the stock market headed in 2023? For many of us, the bear market of 2022 was the first bear market we’ve ever experienced. I’ve been invested in the stock market since 2019, but many of my readers began investing in 2021. In 2021,…
Wells Fargo Fined $3.7 Billion in Widespread Illegal Activities
[ZeroHedge] Wells Fargo has been ordered to pay $3.7 billion by the Consumer Financial Protection Bureau (CFPB) for a variety of illegal activity, including wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and…
