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The Latest Breaking News from Goldman Sachs

Hybrid work is failing to provide workers with two of the three things they want most

To tell workers there are no trade-offs “is, really, to not treat them like a human being,” workplace expert Lynda Gratton says.

Fortune

Goldman Sachs Launches $30 Billion Buyback Ahead Of Investor Day

Dow Jones banking giant Goldman Sachs announced a $30 billion stock repurchase program on Friday ahead of investor day Tuesday. GS stock rose Monday.

Investors Business Daily

George Santos caught on tape lying to Seattle judge in 2017 recording

The courtroom recording shows Mr Santos telling a judge he worked at Goldman Sachs even though he never held a job at the investment bank

The Independent UK

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Ozy Media founder Carlos Watson arrested on fraud charges

Media company was shuttered in 2021 after huge losses and COO’s alleged impersonation during pitch to potential investor

The Guardian - US

Federal authorities arrest Ozy Media founder Carlos Watson

The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of a scheme to prop up the financially struggling company

The Independent UK

The housing market correction has already caused homeowners to lose $2.3 trillion

A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020.

Fortune

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year

The average 30-year fixed mortgage rate just shot back up to 6.8%.

Fortune

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Big Biz wields influence over governors

NGA Chair Phil Murphy represents "the absolute worst of trickle-down economics," expert says

Salon

Liverpool 'exit plan' for FSG becomes clear as Sir Martin Broughton reveals investor talks

Your Liverpool morning digest as an 'exit plan' for FSG becomes clear, plus Ian Doyle and Paul Gorst interview Sir Martin Broughton

Liverpool Echo

Can Okta Stock Rebound From Nettlesome Acquisition Amid Microsoft Competition?

Okta stock dived in 2022 amid sales challenges and a nettlesome acquisition but renewed expectations could set the stage for a rebound.

Investors Business Daily

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Fortune

The 2008 housing downturn crushed Miami—this time around the market has held steady, so far

Goldman Sachs expects Miami to avoid a home price correction. Here's why.

Fortune

Sacking Richard Sharp would be a great loss to the BBC: after all, he has friends in high places

Given his predicament, Sharp has much to gain from defending the corporation – and the connections to do it effectively, says Guardian columnist Simon Jenkins

The Guardian - UK

Goldman Sachs CEO David Solomon tells partners he regrets not firing employees sooner after laying off 3,200 last month: FT

Solomon told partners layoffs and cost-cutting would've been less severe had he acted much sooner than “David’s Demolition Day."

Fortune

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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

Who is under-fire BBC chairman Richard Sharp?

Richard Sharp’s career has put him at the heart of the financial, political and media worlds.

The Independent UK

George Santos calls himself ‘simple minded’ and claims support from Kyrsten Sinema. She denies it

In an interview about his deceptions, the Republican congressman also claimed he spoke with the Arizona senator. Her office called that another lie

Fortune

New Carlyle Group CEO Harvey Schwartz hates office politics, has a black belt in karate, and his pay package is inextricably linked to one metric

Schwartz honed his skills at Goldman and is taking over one of the most powerful and closely watched jobs on Wall Street.

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Salon

How the rich skirt century-old tax law

Goldman Sachs has helped billionaires see huge tax savings by selling stocks for a loss and then replacing them

Daily Mirror

Man Utd takeover: Sir Jim Ratcliffe hires banking giants in bid to pip Qatari investors

Sir Jim Ratcliffe launched his Manchester United takeover bid in January but will face competition to succeed the Glazer family from a group of Qatari investors

Fortune

The blowout jobs report could have just changed the whole year for markets, according to Goldman’s chief economist

Robust job growth is great news for the economy, but really changes the Fed’s plans.

Fortune

Goldman Sachs makes a bold housing market call

U.S. home prices might be nearing the bottom, says Goldman Sachs.

WEKU

It's nothing personal: On Wall Street, layoffs are a way of life

Big companies such as Amazon and Google have recently announced layoffs. On Wall Street, getting cut is always acknowledged as an ever-lurking prospect — but it still stings when it happens.

The Guardian - UK

Slowing economic growth and a FTSE record high can coexist – here’s how

The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink

Fortune

Why Goldman Sachs thinks both Europe and the U.S. will avoid a recession this year

It's down to sweaters, small businesses, and Russian oil.

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