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The Latest Breaking News from Goldman Sachs

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Fortune

Goldman-backed Inhabit is seeking a buyer

Goldman could unload the investment early next year, sources say.

Fortune

OPINION - Working from home doesn't work — so why do civil servants refuse to come back to the office?

Before I tell you why civil servants should behave more like investment bankers, I want to tell you about my accountant.

Evening Standard

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Markets Today: Stocks Fall Back on Concern Optimism for Fed Rate Cuts Is Excessive

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.48%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.64%. Stock index futures this morning are lower as higher bond yields weigh on stocks. T-note yields are higher today as they rebounded from last Friday’s 3-month low...

Barchart

Chase Bank could replace Goldman Sachs as Apple Card partner, says report

Apple is likely to partner up with Chase Bank for the Apple Card after ending its partnership with Goldman Sachs.

iMore

How George Santos responded to being fact-checked on 14 of his biggest lies

Republican congressman, who was expelled from Congress, had an ability to evade when called out for factual inaccuracies

The Guardian - US

From a resume of lies to an OnlyFans scandal: George Santos’s many, many controversies

Examining a play-by-play of the strangest string of scandals to hit DC in recent memory

The Independent UK

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Apple Card Goldman Sachs partnership again said to be winding down, and Apple may have already found a replacement

Another report says Apple and Goldman Sachs are trying to end their Apple Card partnership, but Cupertino might already have a replacement in mind.

iMore

Apple reportedly bails on Goldman Sachs as credit card partner

David Solomon’s push into the consumer space suffers another setback.

Fortune

Inside Gary Gensler’s efforts to remake the SEC

How a former Goldman Sachs banker became the most divisive SEC chair in decades.

Fortune

Apple Plans To Exit Credit Card Partnership With Goldman Sachs: Reports

The agreement between the Wall Street bank and the technology giant could end in 12 to 15 months, according to media reports.

International Business Times

Apple to cancel credit card partnership with Goldman Sachs

Questions remain, including if Apple has a new credit card partner lined up?

iMore

Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing

The combative former Goldman Sachs banker faces staff burnout, widening criticism from Congress, and a potential reckoning from hostile federal courts.

Fortune

UK will not return to Cameron era’s close ties with China, Sunak says

At summit to drum up foreign investment PM says he does not intend to change policy towards Beijing

The Guardian - UK

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The Independent UK

How Rishi Sunak made his money

Prime minister and his wife Akshata Murty are worth a reported £730m

Barchart

Stocks End Lower on Disappointing Earnings and Weak Economic News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.58%. Stocks on Tuesday posted moderate losses as some disappointing...

Barchart

Stocks Fall on Weak Earnings and Soft Economic News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.84%. Stocks this morning are moderately lower on some disappointing...

Golf Monthly

Patrick Cantlay Loses Hat Sponsor After Four Years

The World No.5 is looking for another cap sponsor after New York-based Goldman Sachs chose not to renew their pair's partnership deal

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USA Today Sports Media Group

Patrick Cantlay loses Goldman Sachs sponsorship after four years

If Cantlay is going to wear a hat on the golf course in 2024 it won't feature a Goldman Sachs logo.

Fortune

Apple and Tesla stumbles have thrown the ‘Magnificent 7’ into doubt—but according to Wall Street analysts they’ll be the backbone of the market for years

JPMorgan, Goldman Sachs, Oppenheimer and Ned Davis Research on the future of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla shares.

Barchart

Crude Rallies on Expectations OPEC Will Support Prices

December WTI crude oil (CLZ23 ) on Friday closed up +2.99 (+4.10%), and Dec RBOB gasoline (RBZ23 ) closed up +0.0834 (+3.97%). Crude oil and gasoline prices Friday rallied sharply and recovered most of Thursday's sharp sell-off. Friday's decline in the dollar index (DXY00 ) to a 2-1/2 month low...

Barchart

Crude Prices Recover from Thursday's Plunge

December WTI crude oil (CLZ23 ) this morning is up +2.19 (+3.00%), and Dec RBOB gasoline (RBZ23 ) is up +0.0592 (+2.82%). Crude oil and gasoline prices this morning are moderately higher, recovering from Thursday's sharp sell-off. Today's decline in the dollar index (DXY00 ) to a 2-1/2 month low...

The Independent UK

From a resume of lies to an OnlyFans scandal: George Santos’s many, many controversies

Examining a play-by-play of the strangest scandal to hit DC in recent memory

Fortune

Goldman Sachs questions Deutsche Bank and UBS comparisons of the 2020s to other eras

Goldman Sachs's Jan Hatzius and David Kostin outlined during a roundtable why their firm is so optimistic about 2024.

Barchart

Can This Small-Cap AI Stock Compete With the Cloud Giants?

While Google, Microsoft, and Amazon have been the market's favorites in the cloud space, there are many new, underrated players that could be good long-term AI investments.

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