The Latest Breaking News from David Solomon

Goldman is slated to implement its latest reorganization later this month. That means major winners and losers inside the storied Wall Street firm’s ranks.

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

The CEO of Tesla and SpaceX is convinced that the economic situation is not about to get better.

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 founder and executive chairman of e-commerce giant Amazon has advice for businesses and consumers in these uncertain times.

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.

"Against the backdrop of uncertainty and volatility in the markets, we continue to prudently manage our resources and remain focused on risk management," said CEO David Solomon.