The Latest Breaking News from David Solomon

Wall Street is expecting a positive GDP report on Thursday, which could impact the markets as investors grapple with disappointing earnings from Microsoft and Alphabet.

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.

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.

New York (AFP) - Goldman Sachs reported lower profits Tuesday on a big drop in revenues tied to corporate merger advising, but the firm still topped analyst expectations on strong trading revenues.

"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.

The prestigious investment bank seems to be giving up on its ambitions to seduce Main Street.

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.