The Latest Breaking News from David Solomon

Big banks weigh in on inflation, a pending recession, and consumer spending.

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

A study by Women in Banking and Finance and the London School of Economics focuses on finance professionals in the U.K.

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

Operation Julie saw one of the world's biggest ever drug busts

The CEO of JPMorgan Chase, Jamie Dimon, also predicts a recession within the next nine months

The central bank might deliver another big rate hike next month to tame the persistently high inflation. However, the corporate earnings season has been gearing up investors’ sentiments. We believe fundamentally sound stocks Bristol-Myers Squibb (BMY), Energy Transfer (ET), and Kroger (KR), which have consistently reported strong financials this year,…

Goldman Sachs Group Inc. (NYSE: GS) CEO David Solomon is the latest high-profile executive to issue a dour economic forecast.

Companies in New York City face another setback as they push workers to come back to work: Employees are saying they don't feel safe in the city anymore.

Landing a job at Goldman Sachs is a golden ticket. It's harder to get hired by Goldman than to get into Harvard. CEO David Solomon says 3,500 workers start this week. He wants them all in the office.

The Wall Street giant is putting its weight behind a push to promote small businesses.