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The Latest Breaking News from Goldman Sachs

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

WEKU

All major businesses demanding workers return to the office from Tesla to Disney

As hybrid working becomes the norm, we have created a round-up of the major companies and businesses that have turned their back on the policy and want their staff to return to in-person work

Daily Mirror

The Fed and 5 Stocks to Watch Monday: Catch Us Live at 9:30 ET

As Wall Street returns for the first full trading week of 2023, here's why we're turning our attention to Goldman Sachs, Alibaba, Biogen, Macy's, Lululemon and more.

The Street

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Goldman Sachs prepares to axe 3,200 jobs - reports

US investment banking giant is expected to start culling staff from this week

Birmingham Post

First Thing: Lula vows to punish Bolsonaro supporters who stormed congress

President tours scene of riot and orders federal government to take control of policing in Brasília. Plus, the treasure hunt for £15m Nazi hoard

The Guardian - UK

Stocks Edge Higher, Inflation, Goldman Sachs, Macy's, Brazil Riots - Five Things To Know

Stock futures edge higher with inflation data in focus; Week Ahead: Powell speech, earnings, CPI on deck; Goldman Sachs to being job cuts later this week; Macy's shares slump as retailer cautions on holiday spending and Brazil President Lula vows to investigate capital riots.

The Street

Goldman Sachs to start cutting up to 3,200 jobs this week

Redundancies expected to be concentrated in investment banking division and consumer arm

The Guardian - UK

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Goldman Sachs prepares to axe 3,200 jobs amid cost-cutting – reports

Institutional banks have been struck a major slowdown in activity in recent months due to volatility in the global financial markets

The Independent UK

No more free coffee and layoff warnings—Goldman Sachs workers experience a rude awakening

Goldman Sachs workers are on edge: David Solomon has warned of potential layoffs and has pulled back free coffee perks.

Fortune

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

Corporate money fuels SCOTUS group

Chevron, Goldman Sachs and anti-abortion activists donated to Supreme Court nonprofit, reports New York Times

Salon

'You guys cost us a lot of money' - Liverpool takeover move fell through due to worries about 'negative press'

RedBird Capital founder and managing partner Gerry Cardinale had explored a purchase of Liverpool in 2009

Liverpool Echo

Stocks Nudge Higher, Goldman Sachs, TSMC, Tesla, Solana - Five Things To Know

Stock futures higher with eyes on China risk; Goldman Sachs prepping jobs cuts as Fed weighs on growth; TSMC begins new high-tech chip production in Taiwan; Elon Musk urges Tesla employees to ignore 'stock market craziness' and Solana extends slump as FTX collapse taints upstart token.

The Street

New congressman admits lying about background and pretending to be 'Jew-ish'

Republican rep for New York, George Santos, admitted "sins" of "embellishing" his resume and that his false claim of being Jewish was due to a tenuous maternal link, which he refered to as being "Jew-ish"

Daily Mirror

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The New Daily

Newly elected US congressman admits his life story is all made up

From his education, to his heritage, George Santos has admitted he "embellished" during his successful campaign.

Salon

Democrats call for GOP faker to quit

George Santos says he's sorry for "having embellished his résumé" — but his claim to be Jewish might sink him

Tribune News Service

Looking for votes, GOP leader McCarthy might have to look past Rep.-elect Santos' serial fabrications

WASHINGTON — U.S. Rep.-elect George Santos’ serial fabrications about his life story sets up a key test for Republican leader Kevin McCarthy, who’s struggling to win next week’s vote for House speaker.

Reason

"Liar Rep.-Elect George Santos Admits Fabricating Key Details of His Bio"

The New York Post (Victor Nava & Carl Campanile) reports: "My sins here are embellishing my resume. I'm sorry," Santos said Monday. Santos confessed he had "never worked directly" for Goldman Sachs and Citigroup, chalking that fib up to a "poor choice of words." The 34-year-old now claims instead that…

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The Independent UK

Newly elected Republican admits to lying about his background but insists he won’t step down

Santos won Long Island’s Nassau County seat in midterm elections

Evening Standard

Crooks pose as Goldman Sachs bankers on WhatsApp to promote dodgy crypto schemes

Brits have lost more than £600 million to fraud in the first half of 2022 alone

AFP

Republican US lawmaker-elect accused of lying about college, jobs

New York (AFP) - A Republican elected to Congress in November is facing calls to quit before he even takes office following allegations that he made up large parts of his CV.

The Guardian - US

Republican congressman George Santos reportedly fabricated parts of résumé

The incoming congressman’s biography is now being re-examined as opponent claims Santos was ‘running a scam against the voters’

WEKU

New York GOP leader calls accusation of faked bio for new GOP House member 'serious'

Rep.-elect George Santos won a House seat on Long Island in November but now much of his biography and resume appear to have been invented.

Investors Business Daily

SolarEdge, First Solar Among These Top Solar Stocks For 2023: Goldman Sachs

Goldman Sachs cited improving margins and execution for First Solar and SolarEdge stocks, as well as the Inflation Reduction Act.

Axios

The murky details in one congressman-elect's campaign biography

A new report raises serious questions about Rep.-elect George Santos' résumé.

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