Bank earnings are way, waaay up. Here’s why.

Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Bank earnings are way, waaay up. Here’s why.

Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Breaking down barriers for working moms who breastfeed

Aug 24, 2018
Working moms face many barriers. Among them, travelling while breastfeeding.
A mother gives the bottle to her baby on Oct. 8, 2012 in Paris.
FRED DUFOUR/AFP/Getty Images

Lloyd Blankfein changed Goldman Sachs. Will David Solomon keep it up?

Jul 17, 2018
Goldman Sachs reported quarterly profits today, beating analyst expectations. As is often the case on Wall Street, the ups were no match for the downs — like heavy legal expenses and weak trading results. But the big news for the bank was that a successor has been named to replace storied Goldman CEO, Lloyd Blankfein, who […]

Goldman Sachs' new CEO has a side hobby as a DJ

Jul 17, 2018
David Solomon, investment banker, has been named the successor to Lloyd Blankfein.
Goldman Sachs President David Solomon speaking onstage at a summit late last year. 
Paul Morigi/Getty Images for Fortune

Goldman Sachs names David Solomon, investment banker and DJ, as its new CEO

Jul 17, 2018
Yes, he spins records under the name "DJ D-Sol."
A view of Goldman Sachs' headquarters in lower Manhattan back on June 22, 2012 in New York.
STAN HONDA/AFP/Getty Images

Stock buybacks are crazy right now. Here’s why.

Apr 18, 2018
Goldman Sachs reported sharply higher profit this week, and yet its shares fell after Goldman said it wouldn’t be buying back stocks in the second quarter. In this respect, Goldman is an outlier. After the corporate tax rate dropped this year, American companies have been using cash to repurchase their own shares in furious fashion. […]

For public good, not for profit.

What will rising bond yields mean if the economy keeps heating up?

Feb 13, 2018
The Fed is expected to raise interest rates multiple times this year, which could affect interest rates and yields in the broader bond market. Today a top bond trader at Goldman Sachs forecast the yield on the 10-year Treasury will rise to as high as 3.5 percent by the summer. We haven’t been in a […]

Why is Wall Street losing black executives?

Jul 28, 2017
Some of the biggest U.S. banks are losing diversity, falling behind the rest of corporate America.

Banks suffer as commodities trading hits a rocky patch

Jul 25, 2017
Commodity trading — often a big money maker for banks and hedge funds — has been subdued in recent months, leading to significant drops in revenue. Goldman Sachs recently said its commodity trading unit had the worst quarter on record, and other banks are in a similar situation. The reasons behind the slump? Lack of volatility and […]