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The Latest Breaking News from Goldman Sachs

England’s old boys’ club has evolved into ‘the network’, made up of high rollers and City slickers

Powerbrokering has shifted from landed gentry to financiers and businessmen, says Guardian columnist Nesrine Malik

The Guardian - UK

Rishi Sunak accused of 'boys club' cronyism amid Boris Johnson loan row

BBC Chairman Richard Sharp, whose appointment is under investigation after it was claimed he helped Boris Johnson get an £800,000 line of credit, was Rishi Sunak's boss at Goldman Sachs, before being brought in to advise Rishi Sunak during Covid

Daily Mirror

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

Fortune

From analysis to the latest developments in health,
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Goldman Sachs boss takes 30% pay cut to $25m amid turbulent year

David Solomon’s pay was $25m for 2022, down from $35m in 2021, as investment bank’s profits fall 50% and 3,200 staff laid off

The Guardian - UK

Goldman Sachs signals partial retreat from consumer banking

Goldman Sach spent eight years attempting to expand its business beyond corporations and the wealthy

The Independent UK

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

The Independent UK

The housing market recession could be bottoming out. What does it mean for home prices?

To better understand what's going on in the U.S. housing market, Fortune reached out to Zonda chief economist Ali Wolf.

Fortune

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Four cities identified by Goldman Sachs to be on track for record home price drop

‘Many cheaper markets saw astonishing appreciation due to the higher salaries tech workers brought with them’

The Independent UK

Riverstone’s Penny Hughes: from boardrooms to high-end apartments

The retirement property developer’s chair swapped the corporate treadmill for years in non-executive roles – which is, she says, ‘real work’ and no longer a matter of who you know

The Guardian - UK

The 'rich pals club' where money, power and connections are linked to Tory scandals

The cast list is small but it involves three Prime Ministers, the party’s chairman and two multi-millionaires

Daily Mirror

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

The Independent UK

AT&T Stock Analysts Say Guidance Must 'Bridge The Chasm' Between Cash Flow, Performance

Wall Street analysts say 2023 free cash flow guidance will be key for AT&T stock when the telecom reports earnings on Jan. 25.

Investors Business Daily

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs

Tories in turmoil as Boris Johnson and Zahawi add to seatbelt gaffe Rishi Sunak's woes

As the PM reels from his fine over not wearing a seatbelt, Boris Johnson is facing fresh calls for a probe over an £800,000 loan, while Nadhim Zahawi's tax affairs are under scrutiny

Daily Mirror

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The Independent UK

Who is Richard Sharp, the BBC chairman facing calls for investigation? OLD

The former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs.

Salon

Can Wall Street survive climate change?

The Federal Reserve is putting the country's biggest banks to a test

The National (Scotland)

BBC chair 'helped Boris Johnson secure £800,000 loan'

BBC chairman Richard Sharp reportedly helped Boris Johnson secure a loan of £800,000 just weeks before he was recommended for the role by the…

The Street

Feds Go After Goldman Sachs for Not Protecting Your Money

The Federal Reserve's investigation reportedly grew out of standard review of Goldman’s consumer business, which started in 2021, and intensified to an investigation last year.

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news in one place.

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Investors Business Daily

Stock Market Rally Pulls Back; Microsoft, Google Slash Jobs; Netflix, Goldman, Tesla In Focus: Weekly Review

The major indexes retreated, but pared weekly losses, especially the Nasdaq. Microsoft and Google are slashing jobs. Netflix and Tesla jumped.

Fortune

Audible's CFO Cynthia Chu also leads performance marketing. Here's how she balances two jobs

“Marketing, particularly the performance marketing investment that we have, is so important for us,” Chu says.

The Independent UK

Keir Starmer to invoke Blair as he tells Davos the UK is ‘open for business’

Labour leader to meet bosses of Goldman Sachs, Morgan Stanley, JP Morgan and BlackRock

WEKU

Microsoft slashes 10,000 jobs, the latest in a wave of layoffs

Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.

Fortune

Goldman Sachs CEO: 'We tried to do too much, too quickly'

David Solomon called the firm’s fourth-quarter results “disappointing" and shared his thoughts on the economy during the earnings call.

ABC News

Yen slumps, Nikkei surges as Bank of Japan digs in on bond buying; ASX treads water — as it happened

The ASX went nowhere, while Japan's Nikkei stock index surged and the yen got crunched after the country's central bank defied markets to maintain its current bond buying program. Look back on our live coverage of the trading day.

The Street

Jim Cramer Doesn't Mince Words After Goldman Sachs Earnings

The bank's profit plunged 66% in the fourth quarter, with high expenses and weak investment banking revenue.

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