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,…
Bank of America Expects a Recession by Q1 of 2023
Bank of America is expecting a recession to hit the U.S by the first quarter of 2023. There is a major slowdown happening says CEO Brian Moynihan. Economists are now expecting a volatile market to persist in 2023. A recession may be coming in the first…
Goldman Sachs’ Dark Pools Are Under Federal Investigation
Goldman Sach’s dark pools are under investigation according to an SEC report. The SEC published a report highlighting what essentially seems to be a deep audit. This is not the first time Goldman Sachs has been fined or investigated for abusing its…
Bank of America Has Been Unethically Shorting AMC Stock
If you bank with Bank of America chances are they've been using your hard-earned money to short AMC stock.