Tag: Goldman Sachs Group Inc.

market outlook: Nervous S&P500 traders bet the market’s best days are behind it

By Lu Wang The relentless rally in US equities has driven bears almost into extinction. But to say bullishness is ubiquitous would be a stretch....

Get ready for peak earnings growth as second-quarter results kick off this week

Stock indexes shot back into record territory Friday, a day after their stumble sparked by tumbling Treasury yields and economic growth concerns. Equities could be...

A state treasurer convinced big banks to commit billions of dollars to tackle racial inequities. Here is the result

In an effort stemming from the murder of George Floyd and at the behest of a Connecticut state official, a who’s who of financial institutions...

Crypto pros are getting tired of $79 billion Dogecoin joke

By Justina Lee Nic Carter’s first foray into digital currencies was mining Dogecoin in his university dorm room back in 2013. Created as a joke...

PwC lets U.K.-based staff choose start times — and clock off early in the summer

PwC has told its U.K. based staff they can spend around half their working hours at home after the COVID-19 pandemic ends — and clock...

Value stocks are poised to crush growth stocks after the presidential election

Value investing, which has been maligned for years, is about to come back in style. Why would there be a return to favor after underperforming...

Bank earnings preview: As industry profits get cut in half, the winners will emerge next year

The first quarter of 2020 was the worst on record for two broad bank-stock indexes. Investors quickly fled the group for fear of loan losses...

These bargain bank stocks may emerge from the coronavirus crisis as big winners

With the U.S. economy set to contract severely this quarter amid the COVID-19 lockdown, bank stocks as a group have fallen much more than the...