Goldman Sachs

After years of researching and listening to the stories of successful entrepreneurs and colleagues, Georgetown University professor J. Douglas Holladay shares what he’s learned about parenting and risk-taking.

The international investment bank Goldman Sachs agreed to pay $2.9 billion and admit wrongdoing for its involvement in the plundering of an economic development fund meant to benefit Malaysia, under the terms of a settlement announced Thursday by the U.S. Justice Department. Instead of helping develop Malaysia’s economy, the fund’s overseers embezzled roughly $4 billion and bought real estate...

A federal face mask mandate would not only cut the daily growth rate of new confirmed cases of Covid-19, but could also save the U.S. economy from taking a 5% GDP hit in lieu of additional lockdowns, according to Goldman Sachs.

Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.

Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.

The Fed is expected to announce Wednesday that it is cutting its benchmark interest rate by one quarter of a percentage point, its third rate cut this year. “When the Fed raises or reduces the cost of money, it affects interest rates across the board,” said Greg McBride Bankrate’s chief financial analyst. “One way or another, it’s going to impact...

The growing personal finance company formally known as Social Finance has reached a 20-year agreement for the naming rights to the multibillion-dollar stadium complex in Inglewood, California.

Buried in the fine print for the new Apple credit card is what’s called an “arbitration provision.” What that means is that in the event of a dispute with Apple or Goldman Sachs, the bank that actually manages the card and handles the financing, you might have forfeited your right to sue either company. Instead, Goldman Sachs or Apple can...

The Apple Card is now available to all U.S. customers, the company said Tuesday. Apple announced the full launch of its new iPhone-integrated credit card, a joint venture with Goldman Sachs, on its website Tuesday. Previously, a limited number of customers were invited to apply for the card early in a “preview.” IPhone users can now apply for the card...

Former California Angels third baseman Doug DeCinces talked his way out of prison Monday for his part in an insider trading scheme.

The Apple credit card designed primarily for mobile use is here. Some iPhone users who requested a notification about Apple Card will get invites Tuesday to apply through Apple’s Wallet app. The company plans to expand sign-ups more broadly in coming weeks. The card, announced in March in partnership with Goldman Sachs, is available only in the U.S. The company...

Stocks surged on Tuesday, climbing back from a big rout in the past month, after Federal Reserve Chairman Jerome Powell signaled the central bank was open to easing monetary policy to save the economy and as trade tensions eased amid comments by China and Mexico. The Dow Jones Industrial Average surged 512.40 points, or 2.1% to 25,332.18. The S&P 500...

A growing list of multinational banks are banning employees from staying at hotels owned by the Sultan of Brunei, where homosexuality and adultery is punishable by death. J.P. Morgan, Goldman Sachs and others — called to task by celebrities like Elton John, George Clooney and Ellen DeGeneres — have barred staff from staying at properties owned by the Dorchester Collection...

Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people. The $1 billion figure is a conservative starting point. It covers increased production costs over the next few years but...

Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up? It looks different from a traditional credit card — there’s no number on the front and the users’ name is etched in metal. The card expands the company’s digital Apple Pay services, marrying the...

It took a while, but finally — and with the carefully curated help of Oprah, Big Bird and Goldman Sachs — Apple has at last unveiled a new streaming TV service, its own branded credit card and a news subscription product. The moves have been largely expected and so far don’t appear to drastically alter the competitive landscape the way...

U.S. stocks plunged on Monday in their worst Christmas Eve trading ever, as the S&P 500 entered a bear market, CNBC reported. The Dow Jones Industrial Average dropped by 653 points, falling below 22,000. The S&P 500 fell 2.7 percent and the Nasdaq Composite Index slid 2.2 percent. Investor confidence has been weighed down by turmoil in Washington, and the markets responded.

After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown. Few economists foresee an outright global recession within the next year. But the synchronized growth that powered most major economies since 2017 appears to be fading. The risks have...

The major indexes fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while the most popular technology stocks dropped again. The Dow Jones Industrial Average fell 500 points while the S&P 500 plunged 1.8 percent. The Nasdaq Composite, meanwhile, dropped 2.3 percent. The Dow and Nasdaq were up 1.2 percent and...

President Donald Trump’s top economic advisor, Larry Kudlow, on Tuesday disavowed comments from White House trade advisor Peter Navarro, who last week lambasted Wall Street influence in U.S.-China trade negotiations in comments that helped weaken the stock market.